Powertrain Cost Reduction Engineer

Engineer - Technical Value Management (TVM) Engineer - ICE Powertrain Cost Reduction Location: Dearborn, MI (Hybrid) Pay Rate: $42.30/hour Contract Length: 1 Year Contract Benefits: 2 Weeks PTO & 9 Paid Holidays Position Overview The Technical Value Management (TVM) Engineer supports cost-reduction initiatives across Internal Combustion Engine (ICE) powertrain systems. This role collaborates closely with Design & Release (D&R) engineers, program teams, suppliers, and cross-functional stakeholders to identify, evaluate, and implement engineering changes that generate measurable product cost savings. The ideal candidate combines technical powertrain expertise with project management, data analysis, and value engineering experience to drive cost optimization initiatives from concept through implementation. Key Responsibilities Generate and implement cost-saving opportunities across powertrain systems. Support annual TVM cost reduction objectives. Identify design, material, manufacturing, and supplier cost-reduction opportunities. Develop business cases and technical justifications. Coordinate activities across multiple vehicle and powertrain programs. Lead cross-functional meetings and drive action-item completion. Maintain implementation schedules, work plans, and savings forecasts. Analyze engineering and cost data. Prepare leadership reports, presentations, and implementation summaries. Track savings realization and support financial validation. Support continuous improvement and value engineering process development. Required Skills Cost Reduction / Technical Value Management (TVM) Value Engineering (VAVE) ICE Powertrain Systems Cross-functional Project Coordination Cost Tracking and Savings Analysis Advanced Microsoft Excel Data Analysis and Reporting Technical Problem Solving Business Case Development Program Management / Project Execution Technical Knowledge Internal Combustion Engines (ICE) Exhaust Systems Aftertreatment Systems Turbochargers Air Induction Systems Thermal Management Systems Fuel Systems Ignition Systems Evaporative Emissions Systems Preferred Skills Automotive OEM experience Ford Powertrain experience Power BI Teamcenter PLM systems Product Development Processes AI-enabled Analytical Tools Required Qualifications Bachelor's degree in Mechanical, Automotive, Manufacturing, Industrial Engineering, or related discipline 3+ years of automotive engineering experience Experience with cost reduction/value engineering initiatives Cross-functional team experience Strong project coordination and execution experience Engineering and cost data analysis experience Experience implementing engineering changes Preferred Qualifications Automotive OEM experience Ford powertrain experience TVM or VAVE experience Teamcenter or PLM experience Power BI experience AI-enabled analytical tools experience Knowledge of automotive product development processes Master's degree beneficial but not required Key Success Factors Ability to identify and execute measurable cost-saving opportunities Strong understanding of ICE powertrain systems Ability to influence teams without direct authority Strong analytical and reporting capabilities Ability to manage multiple projects simultaneously Strong communication and presentation skills