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Cost Optimization Specialist
Cnh
Drive and implement company margin improvement goals by identifying cost reduction opportunities and managing cost optimization projects in a manufacturing environment.
14d ago
$85,000 - $140,000
Expert & Leadership (13+ years), Experienced (8-12 years)
Full Time
Oak Brook, IL
Hybrid
Company Size
35,850 Employees
Service Specialisms
Agricultural machinery manufacturing
Construction equipment manufacturing
Parts & service
Financing
Leasing
Insurance
Digital technologies
Precision technology
Sector Specialisms
Agriculture
Construction
Hay and Forage
Livestock
Vineyards and Orchards
Methane Power Solutions
Small Grains
Municipal
Role
What you would be doing
value engineering
cost-saving
cost modeling
margin improvement
benchmarking
cost reduction
- Provide technical expertise in external and internal value engineering and value analysis.
- Proactively identify and prioritize cost-saving opportunities, building a forward-looking project roadmap to support annual purchasing targets.
- Develop and apply cost modeling tools to analyze components across commodities, supporting sourcing decisions and supplier negotiations.
- Lead margin improvement initiatives by identifying cost reduction opportunities, managing project pipelines, and collaborating with internal stakeholders and external suppliers.
- Manage ideation and benchmarking activities, including workshops, line walks, and competitive analysis to drive innovative cost-down strategies.
- Support the execution of cost reduction projects by partnering with Product Development, Purchasing, Logistics and other business functions to ensure timely delivery and measurable impact.
- Challenge existing design concepts, material grade selections and technologies to evaluate products are designed to optimize cost and quality.
What you bring
strong analytical skills
bachelor’s degree
project management experience
change management
self-motivated
manufacturing experience
- Strong analytical skills with the ability to interpret technical drawings and engineering specifications.
- Bachelor’s degree in Electrical, Mechanical, Industrial, or Manufacturing Engineering.
- Up to 15% travel, primarily domestic.
- At least 2–3 years of project management experience related to product development.
- Demonstrated results-oriented mindset with strong communication and change management skills.
- Self-motivated, detail-oriented, and accountable for task ownership and execution.
- Minimum of 9 years of experience in a manufacturing environment, with roles in purchasing, design engineering, cost management, quality, or related functions.
- Proficient in Microsoft Office (Excel, PowerPoint); familiar with Power BI, SAP, and MRP systems is preferred.
- Savings & Retirement benefits (above industry standard)
- Employee Assistance Programs
- Charitable contribution matching and Volunteer Time Off
- Hybrid work arrangements
- Parental leave
- 15 Paid holidays
- Adoption assistance
- Fertility & Family building support
- Tuition reimbursement
Information not given or found
Interview process
Information not given or found
Visa SponsorshipInformation not given or found
Security clearance- the company conducts background checks on employment history and criminal record
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Company
Overview
1999 Merger
Founding Through Merger
Originated from the merger of Case and New Holland, establishing a strong foundation in agricultural and construction machinery.
2013 Restructuring
Corporate Restructuring
Reorganized under Fiat Industrial and became publicly traded as CNH Industrial on the Amsterdam stock exchange.
170+ Countries
Worldwide Operations
Operates manufacturing and R&D facilities in over 170 countries, showcasing global reach and influence.
2024 Revenue
Annual Financial Performance
Reported multi-billion-dollar revenues, maintaining profitability despite workforce adjustments, highlighting financial resilience.
- The company lists on the NYSE and serves global markets with iconic brands like Case IH and New Holland.
- It designs and produces tractors, harvesters, backhoes and heavy equipment for agriculture and construction.
- Typical projects include supplying integrated machine fleets, digital solutions, financing and aftermarket services.
- A standout fact: in 2022 it spun off its Iveco commercial‑vehicle arm, refocusing on core farm and construction machinery.
- Customer-Centric Innovation
- Sustainability and Responsibility
- Integrity
- Collaboration
- Commitment to Excellence
- Diversity of Thought
2050 Net Zero
Greenhouse Gas Emissions Target
The company is committed to achieving net zero greenhouse gas emissions by 2050 through comprehensive strategies and innovative solutions.
30% CO2 Reduction
CO2 Emissions Target in Products
The company aims to reduce CO2 emissions in its products by 30% by 2030, reflecting a strong commitment to lowering its carbon footprint.
- Enhanced focus on alternative fuels and electrification
- Commitment to reducing the environmental footprint of manufacturing facilities
- Sustainable farming solutions that improve the quality of life for farmers and the environment
50% Gender Diversity
Gender Diversity Target
Aiming to achieve 50% gender diversity in leadership roles by 2030.
26% Women Representation
Women in Leadership
Currently, women represent 26% of global leadership roles.
- Implementing global training programs focused on inclusion
- Hiring initiatives aimed at increasing gender and racial diversity across all levels
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