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Cost Reduction Manager Jobs in Georgia (NOW HIRING)

Jobtailor

Senior Manager, Cost Management

Atlanta, GA · On-site

$120 - $180/hr

* Lead end-to-end cost management of multi-billion-dollar procurement from a diversified, multi-tier ... Oversee and drive cost reduction initiatives throughout the year to achieve budget objectives ...

Kiongroup

Warranty Cost of Quality Lead

Atlanta, GA · Hybrid

$102K - $140K/yr

... reduction and defect elimination. This role is accountable for transforming warranty data into ... The role manages outcomes and decisions-not people-and requires strong analytical capability ...

Kiongroup

Warranty Cost of Quality Lead

Atlanta, GA · Hybrid

$102K - $140K/yr

... reduction and defect elimination. This role is accountable for transforming warranty data into ... The role manages outcomes and decisions-not people-and requires strong analytical capability ...

Panasonic

Technical Supervisor

Suwanee, GA · On-site

Recommend and implement process improvement and cost reduction. * Manage production schedule. * Collect, analyze, and maintain ownership of various manufacturing data. * Manage materials presentation ...

APC Worldwide

Plant Cost Accountant - Essentia

Dalton, GA

$58K - $77K/yr

Provide valuable cost analysis to management focusing on cost reduction * Lead the preparation of monthly results to senior management. * Research, maintain, and periodically review cost allocation ...

VDL USA Holding Inc

Cost Engineer

Flowery Branch, GA · On-site

Work closely with Project Management on changes in project scope, schedules, and costs. * Identify ... structural cost reduction. * Demonstrated ability to work collaboratively and communicate ...

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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 Georgia?

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

What job categories do people searching Cost Reduction Manager jobs in Georgia look for?

The top searched job categories for Cost Reduction Manager jobs in Georgia are:

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

Cost Reduction Manager jobs near you

Senior Manager, Cost Management

Atlanta, GA • On-site

Jobtailor
See more jobs at Jobtailorexternal

$120 - $180/hr

Other

This job post has expired today. Applications are no longer accepted.

Job description


  • Lead end-to-end cost management of multi-billion-dollar procurement from a diversified, multi-tier global supplier network.

  • Identify opportunities for cost optimization and lead cross-functional teams to consistently achieve year-over-year value capture.

  • Lead complex, high-stakes data driven supplier negotiations to secure the lowest total acquisition cost without compromising operational requirements.

  • Develop and implement advanced tools and processes to improve cost analysis, reporting accuracy, and stakeholder communications.

  • Lead the creation and maintenance of detailed cost models to analyze and forecast product cost changes.

  • Collaborate closely with engineering teams during product teardown and shouldcost modeling to understand cost drivers and enhance model precision.

  • Develop and execute comprehensive negotiation strategies to secure optimal terms and cost structures with global suppliers.

  • Lead high-stakes supplier negotiations, leveraging market insights and cost analysis to drive cost savings without compromising quality or service.

  • Partner with sourcing and category teams to align negotiation approaches with overall procurement and business objectives.

  • Partner with Category and Sourcing teams to refine sourcing strategies by leveraging global cost insights.

  • Work cross-functionally to capture comprehensive total cost of ownership data to establish accurate baselines for procurement initiatives.

  • Provide expert guidance and mentorship within the organization on best practices related to cost management.

  • Lead the development of yearly budgets focused on cost-out targets, aligning financial goals with strategic cost management plans.

  • Oversee and drive cost reduction initiatives throughout the year to achieve budget objectives, monitoring progress and adjusting actions as necessary.


Requirements

  • Bachelor's degree in Engineering, Business, Finance, or related field; MBA or advanced degree preferred.

  • Minimum 7+ years of progressive experience in cost management, procurement, global sourcing, manufacturing cost estimation, or product cost analysis.

  • Extensive experience (5+ years) in supplier contract negotiation and cost control initiatives at a global scale.

  • Strong financial acumen and proficiency in advanced Excel modeling and data analysis tools.

  • Demonstrated ability to lead cross-functional teams and manage multi-million-dollar cost reduction projects.

  • Experience with global commodity markets, indices, and sourcing strategies is highly desirable.

  • Solid understanding of manufacturing processes, supply chain dynamics, and product cost drivers.

  • Excellent communication, organizational, and project management skills.


Core Competencies

Demonstrates expertise in cost management and procurement, with a strong focus on supplier negotiations, cost analysis, and financial modeling. Proven ability to lead cross-functional teams and implement strategies that drive cost savings and operational efficiency.


Highest-signal resume keywords

  • Cost Management

  • Supplier Negotiation

  • Advanced Excel Modeling

  • Cross-Functional Team Leadership

  • Global Sourcing Strategies


ATS Optimization Keywords
Hard Skills

  • Cost Analysis

  • Data Analysis

  • Cost Modeling

  • Budget Development

  • Manufacturing Cost Estimation

  • Financial Acumen

  • Cost Reduction Initiatives

  • Total Cost of Ownership Analysis
  • Negotiation Strategies

  • Project Management


Soft Skills

  • Communication

  • Organizational Skills

  • Mentorship


Certifications & Qualifications

  • Bachelor's Degree

  • MBA or Advanced Degree Preferred


Industry Keywords

  • Global Supplier Network

  • Procurement

  • Sourcing

  • Supply Chain Dynamics

  • Commodity Markets

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