Engineering - General - Mechanical Engineer 4

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Net2Source Inc. isn t just another staffing company, we re a powerhouse of innovation, connecting top talent with the right opportunities. Recognized for 300% growth in the past three years, we operate in 34 countries with a global team of 5,500+. Our mission? To bridge the talent gap with precision Right Talent. Right Time. Right Place. Right Price.

Title: Mechanical Engineer 4
Location: Peoria, IL
Duration: 12 Months Contract

Pay Range: $40 to $45 per hour on W2

Hiring Manager s Notes on the role:
Main Skills: BS Degree in Mechanical Engineering with 8-10 years of experience, must have hands-on experience in cost analysis, cost modeling, and identifying value-driven opportunities across product development and manufacturing, knowledge of 3D model CAE, GD&T, BOM structure, Project Management experience (finding and executing cost reduction projects through data analytics to gather, sort and find insights through large volumes of data, must be able to lead projects, any past experience using Creo or 3D modeling is important to help vet the design of ship cost models from India team, past work experience with cross functional teams (purchasing and engineering).

Position Contributions to Work Group:

• Role supports the Earthmoving Cost Enabling team, through project leadership of cost reduction projects, providing technical cost reduction support, and otherwise aid in the cost reduction effort across the full value chain (engineering, purchasing, operations, logistics)

Typical task breakdown:

• Collaborate with managers across Concurrent Product and Process Development (CPPD) and cost management teams to identify cost opportunities and provide both strategic and tactical support.
• Deliver cost insights and feasibility studies to drive improvements in design, manufacturing processes, and sourcing strategies.
• Analyze and present cost reduction opportunities, including quality trade-offs and insights from should-cost reviews.
• Focus on specific categories such as castings, non-metallic materials, and harnesses and targeted systems or components for both baseline and new designs.
• Summarize and present cost analysis findings and recommendations to support informed decision-making across CPPD teams.
• Support cost initiatives including New Product Introduction (NPI), New Source Introduction (NSI), and Operating Profit After Capital Charge (OPACC) improvement projects.
• Participate in cost-related events such as Rapid Improvement Workshops (RIW), Value Analysis/Value Engineering (VAVE), and Low-Cost Producer (LCP) initiatives, and contribute to global collaboration efforts through the International Collaboration Team (ICT).
• Provide coaching and training on cost analysis tools and methodologies, including the use of tools within the Should-Cost and RPM (Rapid Product Modeling) frameworks.
• Demonstrate strong communication skills and flexibility to work across diverse teams, adapting to changing priorities and driving alignment across functions.

Interaction with team:

• Work directly with other cost engineers, and within the value stream team for assigned product and/or system. Interactions are face to face, virtual and via email.

Education & Experience Required:

• BS from an accredited university in Mechanical, Agricultural, Civil, Industrial or Aerospace engineering.
• 8-10 years of progressive design engineering experience, preferably in machine design

Technical Skills
(Required)

• Strong analytical thinking: Hands-on experience in cost analysis, cost modeling, and identifying value-driven opportunities across product development and manufacturing.
• Design skills; knowledge of 3D model CAE, GD&T, BOM structure
• Analytical skills: Use of data analytics to gather, sort and find insights in large volumes of data

(Desired)

• Creative thinking to help generate new ideas to reduce costs
• Business Acumen to understand financial impact of various cost reduction efforts

Soft Skills
(Required)

• Effective verbal and written communication skills: Ability to clearly convey complex technical and financial information to cross-functional teams and stakeholders.
• Proven ability to manage multiple priorities and projects: Proven ability to manage multiple priorities and projects, demonstrate strong organizational skills, time management, and the flexibility to adapt in a dynamic, fast-paced environment.
• Teamwork: ability to take direction and work effectively in a team environment to achieve targeted results. Ability to engage with peers and leaders in feedback on efforts and ideas toward cost reduction objectives.

(Desired)

• Strong verbal and written communication skills in non-English countries where client does business

Why Work With Us?
We believe in more than just jobs we build careers. At Net2Source, we champion leadership at all levels, celebrate diverse perspectives, and empower you to make an impact. Think work-life balance, professional growth, and a collaborative culture where your ideas matter.
Our Commitment to Inclusion & Equity
Net2Source is an equal opportunity employer, dedicated to fostering a workplace where diverse talents and perspectives are valued. We make all employment decisions based on merit, ensuring a culture of respect, fairness, and opportunity for all, regardless of age, gender, ethnicity, disability, or other protected characteristics.
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