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Cost Reduction Manager Jobs in Arizona (NOW HIRING)

Work towards achieving given objectives/KPI such as inventory management, MRB, RVN, cost reduction, materials availability and quality management. * Support, execute and provide inputs to improve ...

Work towards achieving given objectives/KPI such as inventory management, MRB, RVN, cost reduction, materials availability and quality management. * Support, execute and provide inputs to improve ...

The Sourcing Manager - NPI (Hybrid) serves as the strategic sourcing lead for new product ... cost reduction initiatives, and long‑term sourcing strategies that support margin expansion and ...

... manage cost reduction initiatives including material, labor and tooling savings • Lead technical inquiries to understand and improve quality issues • Resolve customer related delays • Solve ...

... cost reduction, value engineering, reliability, and customer-satisfaction improvements Coordinate design-to-cost and design-for-manufacturability activities Produce technically accurate reports ...

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Cost Reduction Manager information

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.

What are popular job titles related to Cost Reduction Manager jobs in Arizona?

For Cost Reduction Manager jobs in Arizona, the most frequently searched job titles are:

What cities in Arizona are hiring for Cost Reduction Manager jobs?

Cities in Arizona with the most Cost Reduction Manager job openings:

Infographic showing various Cost Reduction Manager job openings in Arizona as of August 2026, with employment types broken down into 87% Full Time, 10% Part Time, 2% Temporary, and 1% Contract. Highlights an 81% Physical, 2% Hybrid, and 17% Remote job distribution.

Director of Supply Chain Sourcing and Category Management

Phoenix, AZ • On-site, Remote

$172K - $195K/yr

Full-time

Re-posted 3 hours ago


Banner Health rating

7.5

Company rating: 7.5 out of 10

Based on 774 frontline employees who took The Breakroom Quiz

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Job description

Primary City/State:

Phoenix, Arizona

Department Name:

Supply Chain Svcs-Corp

Work Shift:

Day

Job Category:

Supply Chain

Help lead health care into the future. As one of the largest nonprofit health systems in the country, Banner Health has both the stability that comes with success and the values you can be proud to represent. If you’re looking to leverage your abilities – you belong at Banner Health. 

The Director of Supply Chain Sourcing & Category Management leads strategic sourcing across medical supplies, and equipment to support patient care while driving cost savings. You'll develop category strategies, negotiate contracts, and build supplier partnerships that deliver innovation and value across Banner Health's multi-state operations.

Using data analytics and market intelligence, you'll identify cost-reduction opportunities while collaborating with clinical and operational leaders to align sourcing decisions with patient care goals. Leading a team of analysts and administrators, you'll communicate results to executive leadership and foster continuous improvement. This role offers the opportunity to make a meaningful impact on healthcare delivery through strategic supply chain leadership at one of the nation's leading nonprofit health systems.

Seeking experience in sourcing of Ortho Implants and Neurosurgical products.

This position is full-time for Banner Health Corp, it is remote with some requirements for Banner facility site visits. We are a Top 25 Gartner Supply Chain organization with an opportunity to work in a larger healthcare system with centralized contracting, and opportunity to develop key strategies around assigned sourcing categories.

Your pay and benefits are important components of your journey at Banner Health. This opportunity includes the option to participate in a variety of health, financial, and security benefits. In addition, this position may be eligible for our Management Incentive Program as part of your Total Rewards package. Within Banner Health Corporate, you will have the opportunity to apply your unique experience and expertise in support of a nationally-recognized healthcare leader. We offer stimulating and rewarding careers in a wide array of disciplines. Whether your background is in Human Resources, Finance, Information Technology, Legal, Managed Care Programs or Public Relations, you'll find many options for contributing to our award-winning patient care.

POSITION SUMMARY
This position provides leadership in developing and executing comprehensive category management strategies across assigned spend areas, including, but not limited to, medical/surgical supplies, pharmaceuticals, purchased services, and capital equipment. This role ensures sourcing initiatives align with organizational priorities, clinical outcomes, and cost-reduction goals while fostering strategic supplier partnerships to drive innovation and performance. Leads complex contract negotiations to secure favorable terms, ensure compliance, and mitigate risk. Leveraging spend analytics, market intelligence, and benchmarking, the position identifies opportunities for savings, standardization, and operational efficiency. Collaboration with clinical and operational leaders is essential to ensure sourcing decisions support patient care and organizational objectives.

This role communicates category strategies and performance outcomes to executive leadership and provides strategic direction to a team of contract administrators and analysts, promoting a culture of collaboration, accountability, and continuous improvement. All activities are performed in accordance with established policies, regulatory requirements, and professional standards, delivering exceptional service and demonstrating core leadership behaviors consistently. Expected to work with management across diverse areas and multiple states to effectively and efficiently operate category deliverables and partner with multi-disciplinary teams across Banner’s organization.
CORE FUNCTIONS
1. Develop and implement category management strategies for assigned spend areas (e.g., medical/surgical, pharmaceuticals, purchased services, capital equipment).
2. Align sourcing initiatives with organizational priorities, clinical outcomes, and cost-reduction goals.
3. Establish and maintain strategic supplier relationships to drive innovation and performance.
4. Negotiate complex contracts ensuring favorable terms, compliance, and risk mitigation.
5. Utilize spend analytics, market intelligence, and benchmarking to identify opportunities for savings and standardization.
6. Partner with clinical and operational leaders to ensure sourcing decisions support patient care and operational efficiency.
7. Communicate category strategies and outcomes to executive leadership.
8. Lead, mentor, and develop a team of contract administrators and analysts.

9. Foster a culture of collaboration, accountability, and continuous improvement.
MINIMUM QUALIFICATIONS
Requires the degree of skills, knowledge and ability normally demonstrated by a Bachelor's degree in Business, or a related field or any combination of education and experience.
Requires seven or more years of similar purchasing experience, including capital equipment purchase, Request For Proposal development, bid analysis, contract negotiation and contracting.

Requires extensive knowledge of products, procurement and contracting processes in healthcare, and demonstrated skills in the areas of planning, directing, communications, negotiations and statistical analysis. Effective organizational, communication and human relation skills are necessary, as is the ability to coordinate several projects simultaneously and effectively to meet multiple priorities.

Must be proficient in word processing and spreadsheet computer software applications.

Requires the ability to potentially travel to any company facility for meetings and product or service assessment.


PREFERRED QUALIFICATIONS
Strong category management, negotiation and contract management skills.

Expertise in data analytics and market research.

Excellent communication and stakeholder management abilities.

Knowledge of health care regulations, GPOs, and industry best practices.

Additional related education and/or experience preferred.

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