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As of Sep 8, 2026, the average yearly pay for cost improvement manager in the United States is $107,007.00, according to ZipRecruiter salary data. Most workers in this role earn between $91,500.00 and $121,500.00 per year, depending on experience, location, and employer.

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Infographic showing various Cost Improvement Manager job openings in the United States as of August 2026, with employment types broken down into 88% Full Time, 11% Part Time, and 1% Contract. Highlights an 80% Physical, 2% Hybrid, and 18% Remote job distribution, with an average salary of $107,007 per year, or $51.4 per hour.

Cost Improvement Manager - EPS Motors/Controllers/PHA's

Saginaw, MI • On-site

Nexteer Automotive Corporation
Motor Vehicle Manufacturing • 1 - 5K employees

Full-time

Re-posted 29 days ago


Nexteer Automotive rating

6.4

Company rating: 6.4 out of 10

Based on 43 frontline employees who took The Breakroom Quiz

422nd of 499 rated machine equipment manufacturers


Job description

Position: Cost Improvement Manager- EPS Motors/Controllers/PHA’s

At Nexteer, our strength lies in the diversity of our team—each member contributing unique backgrounds, experiences, and aspirations. We believe this diversity fuels our innovation, broadens our perspectives, and propels our collective growth.

For over a century, we’ve been innovators in the automotive industry.  Our vision is clear - we are a global leading motion control technology company accelerating mobility to be safe, green and exciting. Our unwavering commitment to Quality, Collaboration, Integrity, and Accountability guides us as we solve motion control challenges for our global customers. If you’re ready to join a dynamic team that drives change and makes a difference, Nexteer welcomes you! 

 

About the Role:

Are you a strategic thinker with a passion for driving cost savings and process improvements? We are looking for a Cost Improvement Process Manager to join our team and lead our efforts to optimize material costs across our organization.

Key Responsibilities

As the Cost Improvement Manager, you will be responsible to:

  • Develop and implement strategies to drive cost savings through the optimization of material sourcing and procurement processes.
  • Lead cross-functional teams to identify opportunities for cost reduction, negotiate pricing with suppliers, and implement cost-saving initiatives.
  • Conduct VA/VE workshops with suppliers to generate improvement ideas and ensure that approved ideas are implemented
  • Collaborate with internal stakeholders to ensure alignment on cost reduction goals and monitor progress towards achieving targets.
  • Analyze material cost data and trends to identify opportunities for improvement and develop actionable plans to drive results. Stay current on market trends, supplier capabilities, and industry best practices to drive continuous improvement in material cost management.
  • Conduct market research to identify and develop new suppliers/disruptors to properly support the needs of each product line and improve cost competitiveness

Qualifications

  • 5+ years experience in materials management, direct material procurement, or supply chain with a focus on cost reduction preferably in automotive industry.
  • Technical understanding and experience with Electrical and Electromechanical products.
  • Strong analytical and problem-solving skills with the ability to drive data-driven decision making.
  • Excellent communication and collaboration skills with the ability to influence and negotiate with internal and external stakeholders.
  • Project management experience and the ability to lead cross-functional teams to achieve targeted results.
  • Must be able to travel up to 15%

Education Requirements

  • Bachelor’s degree in Business, Engineering, Supply Chain Management or related fields

This position is not eligible for employer-sponsored work authorization. Do not apply for this role if you will need immigration sponsorship now or in the future. This includes direct company sponsorship, entry of Nexteer as the immigration employer of record on a government form, and any work authorization requiring a written submission or other immigration support from the company (e.g., H1-B, OPT, STEM OPT, CPT, TN, J-1, etc.)

Nexteer is an Equal Opportunity Employer Disabled/Minorities/Veterans/Women

Nexteer is an E-Verify employer. E-Verify is an internet-based system operated by the Department of Homeland Security (DHS) in partnership with the Social Security Administration (SSA) that allows participating employees to electronically verify the employment eligibility of their newly hired employees in the United States.

Accessibility for Applicants with Disabilities: If you need a reasonable accommodation for the online application process due to a disability, please email careers@nexteer.com. Please provide your contact information and details about the posted position of interest. Only inquiries regarding assistance for those who need an accommodation with the online application process due to a disability will be returned.

About Nexteer

Nexteer Automotive is a global leader in advanced steering and motion control systems, enabling intuitive, safe, and comfortable mobility for drivers around the world. Our innovative product portfolio includes Electric Power Steering (EPS), Steer-by-Wire™, Driveline, and Advanced Driver Assistance Systems (ADAS) technologies that support electrification, software-defined vehicles, and autonomous driving.

With approximately 13,000 employees and operations in more than 20 manufacturing plants and multiple technical centers globally, Nexteer partners with nearly every major global and regional automotive manufacturer.


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