Mechanical Engineer 4

Job Title: Mechanical Engineer 4
Location: Peoria, IL
Zip Code: 61601
Duration: 12 Months
Pay Rate: $42/hr.
Keyword's: #Peoriajobs; #MechanicalEngineerjobs;
Start Date: Immediate
****Daily Schedule - 7:30am to 4:30pm********

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

Soft Skills
*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, demonstrating 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 result. Ability to engage with peers and leaders in feedback on efforts and ideas toward cost reduction objective.
*Strong verbal and written communication skills in non English countries where Caterpillar does business

Belcan is an equal opportunity employer. Your application and candidacy will not be considered based on race, colour, sex, religion, creed, sexual orientation, gender identity, national origin, disability, genetic information, pregnancy, veteran status or any other characteristic protected by federal, state or local laws.