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Cost Reduction Engineer Jobs (NOW HIRING)

C&D Technologies, Inc.

Cost Engineer

Lihue, HI · On-site

Position Overview The Cost Engineer applies advanced cost engineering, manufacturing, and supply chain expertise to drive structural cost reduction across Lead-Acid and Lithium-ion battery platforms.

United Airlines

Seating Cost Engineer

Southfield, MI · Hybrid

$82.08K - $164.16K/yr

Identify and execute cost reduction opportunities through sourcing and technical collaboration ... Experience with cost engineering software (e.g., aPriori, Costimator). * Strong understanding of ...

Oshkosh Corporation

Senior Cost Engineer

Oshkosh, WI · On-site

$73.20K - $117.80K/yr

The Senior Cost Engineer is responsible for developing, validating, and managing product and ... Monitor cost trends and recommend cost reduction initiatives * Support supplier cost analysis and ...

Oshkosh Corporation

Senior Cost Engineer

Hagerstown, MD

$73.20K - $117.80K/yr

The Senior Cost Engineer is responsible for developing, validating, and managing product and ... Monitor cost trends and recommend cost reduction initiatives * Support supplier cost analysis and ...

Noblesoft Technologies

Cost Engineer

Auburn Hills, MI · On-site

Cost Engineer -Engine & Propulsion system Location: Auburn Hills, MI JD: Essential Technical skills ... Automotive cost reduction/ Should cost experience. Flexibility to work in a fast-paced environment.

Oshkosh Corporation

Senior Cost Engineer

Oshkosh, WI

$73.20K - $117.80K/yr

The Senior Cost Engineer is responsible for developing, validating, and managing product and ... Monitor cost trends and recommend cost reduction initiatives * Support supplier cost analysis and ...

Oshkosh Corporation

Senior Cost Engineer

Spartanburg, SC

$73.20K - $117.80K/yr

The Senior Cost Engineer is responsible for developing, validating, and managing product and ... Monitor cost trends and recommend cost reduction initiatives * Support supplier cost analysis and ...

Komatsu

Product Cost Engineer I

Peoria, IL · On-site

$67.40K - $84.50K/yr

Design-to-Cost & Cost Reduction • Identify key cost drivers and partner with Engineering and Manufacturing to recommend design or process improvements. • Support Value Engineering and continuous ...

Stellantis

Cost Engineer

Auburn Hills, MI · On-site

CTPC Cost Engineer Interiors (CEI/TON) develops direct material costs and tooling investments for ... Identify potential cost optimization opportunities and support company technical cost reduction ...

Ascentec Engineering

Cost Engineer

Tualatin, OR · On-site

$85K - $100K/yr

Identify and recommend cost reduction opportunities through process improvements, technology upgrades, and supplier optimization. * Collaborate with Engineering and Operations to assess cost impacts ...

Ascentec Engineering LLC

Cost Engineer

Tualatin, OR

$85K - $100K/yr

Identify and recommend cost reduction opportunities through process improvements, technology upgrades, and supplier optimization. * Collaborate with Engineering and Operations to assess cost impacts ...

Ascentec Engineering, LLC

Cost Engineer

Tualatin, OR · On-site

$85K - $100K/yr

Identify and recommend cost reduction opportunities through process improvements, technology upgrades, and supplier optimization. * Collaborate with Engineering and Operations to assess cost impacts ...

Stellantis

Cost Engineer - ICE Engine

Auburn Hills, MI · On-site

Cost Engineer (Propulsion - Ice Engine) develops direct material costs and tooling investments for ... Identify potential cost optimization opportunities and support company technical cost reduction ...

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Cost Reduction Engineer information

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$45.5K

$97K

$139.5K

How much do cost reduction engineer jobs pay per year?

As of May 30, 2026, the average yearly pay for cost reduction engineer in the United States is $97,048.00, according to ZipRecruiter salary data. Most workers in this role earn between $81,000.00 and $114,000.00 per year, depending on experience, location, and employer.

What are the key skills and qualifications needed to thrive as a Cost Reduction Engineer, and why are they important?

To thrive as a Cost Reduction Engineer, you need strong analytical skills, knowledge of manufacturing processes, and a degree in engineering or a related field. Familiarity with cost analysis software, CAD tools, and Lean Six Sigma or similar process improvement certifications is typically required. Effective communication, problem-solving, and cross-functional teamwork are vital soft skills for identifying and implementing cost-saving initiatives. These competencies are essential for driving profitability and operational efficiency while maintaining product quality.

What are some typical challenges a Cost Reduction Engineer faces when implementing cost-saving initiatives?

Cost Reduction Engineers often encounter challenges such as balancing cost-saving goals with maintaining product quality and performance. They must navigate cross-functional collaboration, aligning priorities between engineering, procurement, and production teams. Resistance to change from stakeholders and the need to identify sustainable, long-term savings—rather than short-term fixes—are also common hurdles. Effective communication, data-driven analysis, and a proactive approach to stakeholder engagement are key to overcoming these challenges and ensuring successful cost reduction projects.

What are Cost Reduction Engineers?

Cost Reduction Engineers are professionals who specialize in analyzing, developing, and implementing strategies to decrease expenses in manufacturing, production, or service processes without compromising quality or performance. They work closely with cross-functional teams to identify cost-saving opportunities, streamline operations, and improve efficiency. Their role often involves conducting value analysis, negotiating with suppliers, and applying lean manufacturing principles to optimize costs across projects and products.

What is the difference between Cost Reduction Engineer vs Process Engineer?

AspectCost Reduction EngineerProcess Engineer
Primary FocusIdentifying cost-saving opportunities across operations and supply chainDesigning, implementing, and optimizing manufacturing or business processes
Skills & CertificationsCost analysis, Lean/Six Sigma, engineering fundamentalsProcess design, Lean, Six Sigma, engineering principles
Work EnvironmentManufacturing plants, supply chain, corporate officesManufacturing facilities, R&D labs, production lines
Industry UsageManufacturing, industrial, supply chain sectorsManufacturing, engineering, industrial sectors

While both roles involve process improvement and efficiency, the Cost Reduction Engineer primarily focuses on reducing costs across operations, whereas the Process Engineer concentrates on designing and optimizing manufacturing processes. Both roles often require similar certifications like Lean or Six Sigma and are found in manufacturing and industrial environments.

More about Cost Reduction Engineer jobs
What job categories do people searching Cost Reduction Engineer jobs look for? The top searched job categories for Cost Reduction Engineer jobs are:
Cost Reduction Engineer jobs near you
Infographic showing various Cost Reduction Engineer job openings in the United States as of May 2026, with employment types broken down into 91% Full Time, 4% Part Time, and 5% Contract. Highlights an 92% Physical, 4% Hybrid, and 4% Remote job distribution, with an average salary of $97,048 per year, or $46.7 per hour.
Cost Engineer

Cost Engineer

C&D Technologies, Inc.

Lihue, HI • On-site

Full-time

Posted 21 days ago

Job description

It's fun to work in a company where people truly BELIEVE in what they're doing!
We're committed to bringing passion and customer focus to the business.
Position Overview
The Cost Engineer applies advanced cost engineering, manufacturing, and supply chain expertise to drive structural cost reduction across Lead-Acid and Lithium-ion battery platforms. The position develops and deploys part-level should-cost models, commodity cost intelligence, and target cost frameworks across lead-acid active materials, Li-ion pack systems, and manufacturing processes.
This position partners closely with Product Development, Manufacturing, Quality, and Strategic Sourcing to enable Design-to-Cost (DTC) decisions early in the product lifecycle and to engage suppliers in transparent, fact-based cost discussions. Recognized as a subject matter expert, this role influences sourcing strategies, supplier negotiations, and new product programs across Trojan Battery and C&D Technologies.
Areas of Focus
The ideal candidate will possess: (1) extensive experience in cost engineering, cost estimation, and cost control within battery manufacturing, energy storage, automotive, or related industrial fields; (2) hands-on experience working with global suppliers of battery raw materials and components (e.g., lead, lithium compounds, nickel, cobalt, graphite, separators, plastics, sheet metal); (3) strong strategic and analytical skills, with the ability to identify key factors; (4) superior project management, collaboration, and communication abilities.
Responsibilities
Cost Engineering & Analysis
  • Develop part-level and system-level should-cost models for Lead-Acid and Li-ion battery components
  • Direct materials (Cabinet/Racks, Separators, Plastics, Lead Terminals, Chemicals, Li-ion battery packs, cathode/anode materials) and MRO
  • Battery management systems (BMS), modules, and packs
  • Build commodity-level cost intelligence covering raw materials, conversion costs, yield losses, scrap, and energy consumption.
  • Create and maintain target cost frameworks aligned with product roadmaps, volume ramps, and margin objectives.

Design-to-Cost & Cross-Functional Collaboration
  • Partner with Product Engineering and Manufacturing to influence design decisions through Design-to-Cost (DTC) initiatives.
  • Support value engineering and process optimization efforts focused on manufacturability, automation, yield improvement, and capital efficiency.
  • Provide cost guidance during new product introduction (NPI), technology transitions, and platform refreshes.

Supplier Engagement & Negotiations
  • Interface directly with commodity managers to develop mutually agreed-upon cost models to understand cost drivers for use in pricing negotiations and ongoing cost reduction activities.
  • Act as a lead or key contributor in supplier negotiations related to cost, productivity, and long-term agreements
  • Analyze supplier quotations and identify cost drivers (materials, labor, overheads, tooling, logistics, profit margins).

Process Improvement & Governance
  • Implement Power BI dashboards to focus on spend management
  • Review existing cost management processes and implement improvements to drive standardization, transparency, and repeatability.
  • Contribute insights on contract performance, cost trends, and market dynamics to inform sourcing strategies and contract renewals.

Leadership & Knowledge Development
  • Develop new cost tools, digital models, and virtual production simulations to improve cost visibility and decision-making
  • Facilitate training on cost tools
  • Manage and coordinate with external consultants supporting cost modeling or benchmarking efforts.

Basic Qualifications
  • Bachelor's degree in engineering, finance, or related field
  • 5-10 year track record of success in Cost Engineering
  • Strong Excel and cost management system experience
  • Experience and demonstrated skill in establishing criteria for cost management activities.
  • Demonstrated skill in identifying, analyzing, and solving problems driven by data.
  • Must have excellent communication and presentation skills to combine sound analytical cost engineering principles with the ability to summarize, reach appropriate conclusions, and present to management teams.
  • Ability to travel as needed
  • Proactive, results-oriented, and have strong attention to detail.

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if you like wild growth and working with happy, enthusiastic over-achievers, you'll enjoy your career with us!
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About C&D Technologies

Sourced by ZipRecruiter

Industry

Electrical equipment, appliance, and component manufacturing

Company size

1,001 - 5,000 Employees

Headquarters location

Blue Bell, PA, US

Year founded

1906

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