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Cost Reduction Manager Jobs (NOW HIRING)

Program Manager, Cost Reduction

Troy, MI ยท On-site

$125 - $150/hr

The Cost Reduction Program Manager is a critical role in making that mission a reality. This position is responsible for leading the cost reduction workstream end to end, converting the pipeline into ...

The Cost Reduction Program Manager is a critical role in making that mission a reality. This position is responsible for leading the cost reduction workstream end to end, converting the pipeline into ...

The Cost Reduction Program Manager is a critical role in making that mission a reality. This position is responsible for leading the cost reduction workstream end to end, converting the pipeline into ...

Drive reporting process improvements related to data quality, workflow efficiency, and management visibility * Support engineering cost reduction activities, including workshop preparation, follow-up ...

Drive reporting process improvements related to data quality, workflow efficiency, and management visibility * Support engineering cost reduction activities, including workshop preparation, follow-up ...

Drive reporting process improvements related to data quality, workflow efficiency, and management visibility * Support engineering cost reduction activities, including workshop preparation, follow-up ...

Waste Reduction Manager Position Type:Professional / Unclassified Department:LSUAM FA - FPO - SEC ... cost-effective operations. Responsibilities include operational performance monitoring, waste ...

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Cost Reduction Manager information

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$39K

$107K

$147K

How much do cost reduction manager jobs pay per year?

As of Sep 8, 2026, the average yearly pay for cost reduction 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.

What does a cost reduction manager do?

A Cost Reduction Manager is responsible for identifying and implementing strategies to reduce expenses and improve efficiency within an organization. They analyze financial data, review operational processes, and collaborate with various departments to find cost-saving opportunities without compromising quality or productivity. Their goal is to help the company achieve financial targets by optimizing resources, renegotiating contracts, and streamlining operations. They also monitor the results of cost-saving initiatives and report on their effectiveness to senior management.

What skills and qualifications are needed to be a cost reduction manager?

To excel as a Cost Reduction Manager, you need strong analytical skills, financial acumen, and experience in process improvement, often supported by a degree in finance, business, or engineering. Familiarity with cost analysis software, ERP systems, and certifications like Six Sigma or Lean Management are highly valuable. Excellent communication, problem-solving abilities, and stakeholder management skills help drive cost-saving initiatives and foster cross-departmental collaboration. These capabilities are crucial for identifying savings opportunities, implementing effective strategies, and ensuring the organization's financial health.

How does a cost reduction manager collaborate with different departments to achieve savings goals?

A Cost Reduction Manager works closely with departments such as procurement, operations, finance, and supply chain to identify cost-saving opportunities and implement efficiency measures. They often lead cross-functional teams to analyze spending patterns, negotiate with vendors, and streamline processes. Regular meetings, data sharing, and clear communication are crucial for aligning departmental goals and ensuring that cost reduction initiatives do not negatively impact product quality or customer satisfaction. This collaborative approach not only drives savings but also fosters a culture of continuous improvement across the organization.

What is the role of a cost reduction manager?

A cost reduction manager is responsible for analyzing company expenses and identifying opportunities to decrease costs without compromising quality or operations. They develop strategies, implement process improvements, and monitor financial performance to achieve cost savings, often using tools like data analysis and budgeting software.
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Infographic showing various Cost Reduction Manager job openings in the United States as of September 2026, with employment types broken down into 87% Full Time, 12% Part Time, and 1% Contract. Highlights an 86% Physical, 2% Hybrid, and 12% Remote job distribution, with an average salary of $107,007 per year, or $51.4 per hour.

Program Manager, Cost Reduction

Slate Auto

Troy, MI โ€ข On-site

$125 - $150/hr

Other

Posted 11 days ago


Job description

ABOUT SLATE

At Slate, weโ€™re building safe, reliable vehicles that people can afford, personalise and loveโ€”and doing it here in the USA as part of our commitment to reindustrialization. The spirit of DIY and customization runs throughout every element of a Slate, because people should have control over how their trucks look, feel, and represent them.

About the Role

Slate Auto is on a mission to build an affordable, capable truck for everyday Americans. The Cost Reduction Program Manager is a critical role in making that mission a reality. This position is responsible for leading the cost reduction workstream end to end, converting the pipeline into signed, supplier-validated, governance-tracked commitments, and coordinating the cross-functional team to execute batch implementation of cost reduction items prior to Job 2 and through the Job 2 launch.

What You Will OwnCost Reduction Workstream Leadership
  • The Cost Reduction Program Manager is responsible for the cost reduction operating cadence: governance meetings, a supplier-by-supplier commitment register, accountability per targeted component, and launch-risk flags on every open item.
  • This role is responsible for maintaining clear separation between bookable SOP savings and pipeline items in all leadership materials, and for driving the workstream from identification through feasibility, supplier confirmation, and commercial close.
Batch Implementation Coordination
  • Responsible for leading the planning and execution of batch cost reduction implementations ahead of Job 2 and within the Job 2 program.
  • This role drives cross-functional alignment across Engineering, Purchasing, Cost Engineering, Quality and Manufacturing to sequence change actions in a way that minimises disruption to production, consolidates supplier change events and maximises the number of items implemented cleanly at defined production milestones.
  • Responsible for the implementation tracker and ensuring every item has a confirmed timing commitment against a production build event.
Job 2 Program Management
  • Responsible for leading the Job 2 workstream through planning, execution and launch across the primary cost-down programmes.
  • This role drives programme timing, supplier feasibility and quote confirmation, and validation and re-certification sequencing and ensures Job 2 exits with a clean, fully implemented BOM.
Cross-functional Coordination
  • This role partners directly with the Chief Engineer to align on priorities, sequence change actions and drive implementation decisions across the program.
  • Working alongside the Chief Engineer, this role is responsible for aligning Purchasing, Cost Engineering, FP&A, Engineering, Manufacturing and Quality around a shared implementation plan and holding each function accountable to their commitments.
  • Responsible for surfacing cost and timing conflicts early, escalating where needed and ensuring cost reduction does not become a source of launch risk.
  • This role represents cost reduction status in Ops/Business Reviews and Industrialisation Governance.
What You Bring
  • Experience managing engineering change and cost-down programmes in an automotive or EV launch environment.
  • You understand how to move items from engineering estimate to supplier commitment to production implementation and you know how to coordinate a cross-functional team around a shared plan when everyone has competing priorities.
  • Comfort with BOM-level cost structures, change management governance and supplier commercial negotiations.
  • You communicate clearly with executive leadership and hold owners accountable without losing the relationship.
  • You operate effectively at a startup pace with incomplete data and moving targets.
  • Strong communication and facilitation skills.
Qualifications and Requirements
  • Minimum of five years of programme or project management experience in automotive, EV or adjacent manufacturing environments, with direct involvement in cost reduction, VAVE or engineering change programmes.
  • Demonstrated ability to manage cross-functional workstreams across engineering, purchasing, manufacturing and finance simultaneously, with clear ownership and accountability structures.
  • Experience with supplier commercial negotiations, should-cost analysis and BOM-level cost tracking.
  • Familiarity with change management governance processes including CR/CN workflows, tooling lead times and supplier delivery commitments.
  • Strong communication and facilitation skills.
  • Ability to synthesise complex programme status into clear leadership-facing materials and drive alignment across functions with competing priorities.
  • Comfort operating in a fast-paced, resource-constrained environment where processes are still being built.
  • Willingness to own the workstream end-to-end, not just coordinate it.
  • Experience with aPriori, Project X or similar cost engineering tools is a plus.
  • PMP or equivalent programme management certification is a plus but is not required.
Why This Role Matters Now

At Slate, affordability is not a constraint. It is the mission. Delivering a truck at a price that is accessible to everyday Americans requires relentless focus on cost at every stage of the programme. The Cost Reduction Program Manager is central to that effort, ensuring the savings identified across the programme are validated, committed and implemented. This role is an opportunity to have a direct and lasting impact on what Slate can offer its customers and on the long-term success of the company.

WHY JOIN TEAM SLATE?

At Slate, weโ€™re fueled by grit, determination and attention to detail. The start-up spirit of ingenuity and resourcefulness move our business forward. Team Slate fosters a culture of excellence, innovation and mutual respect and is motivated by shared principles.

  • Safety First
  • Delight Customers
  • One Team
  • Relentless Improvement
  • Fast, Frugal and Scrappy
  • Respectful Collaboration
  • Positive Legacy

WE WANT TO WORK WITH PEOPLE THAT REFLECT THE COMMUNITIES IN WHICH WE OPERATE.

Slate is proud to be an Equal Employment Opportunity and affirmative action employer. We do not discriminate based upon race, colour, religion, gender, gender identity or expression, sexual orientation, national origin, genetics, disability, age, veteran status, marital status, parental status, cultural background, organisational level, work styles, tenure and life experiences or for any other reason.

Slate is committed to providing reasonable accommodation for qualified individuals with disabilities in our job application procedures.

If you need assistance or an accommodation due to a disability, you may contact us at slate-talent_acquisition@slate.auto.

About Us

At Slate, weโ€™ve got one job: building a vehicle youโ€™ll fall in love with, right here in the USA. We believe that car buyersโ€”not car companiesโ€”should call the shots. We like looking at a road, not a screen. We donโ€™t like paying for stuff we donโ€™t need. We like picking out the stuff we do need. We think dings are badges, not blemishes. But we know not everyone likes what we like. So, we built you a Slate: you make it yours.

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