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Cost Reduction Manager Jobs in Raleigh, NC (NOW HIRING)

Targan Inc

Senior Manager, Procurement

Raleigh, NC · On-site

$92K - $124K/yr

Position Summary The Procurement Manager is responsible for leading the company's procurement ... Conduct spending analysis and drive continuous cost reduction initiatives * Partner with Finance ...

Eaton

Senior Manufacturing Engineer

Youngsville, NC · On-site

$86K - $126K/yr

Drive continuous improvement on the shop floor, including opportunities to improve Quality, Productivity, and cost reduction * Manage and complete multiple projects on schedule with minimal ...

SMT INC

Mechanical Design Engineer II

Raleigh, NC · On-site

$65K - $88K/yr

Drive design for manufacturability (DFM), design for assembly (DFA), and cost-reduction initiatives. Investigate and resolve product performance, reliability, and production issues. Manage multiple ...

New

Tekni-Plex

Process Engineer I

Clayton, NC · On-site

This will also require that the individual be able to manage project teams without direct report of the team members. May work with the plant on cost reduction initiatives, compiles appropriate ...

Tekni-Plex

Process Engineer I

Clayton, NC

This will also require that the individual be able to manage project teams without direct report of the team members. May work with the plant on cost reduction initiatives, compiles appropriate ...

Data Bridge Consultants

Product Manager

Cary, NC

Manage the prioritization of user stories, features, new products, projects, and process ... Identify and implement near-term and long-term cost reduction opportunities. Pricing Decisions:

Rise Power Systems

Mechanical Design Engineer II

Raleigh, NC · On-site

$65K - $88K/yr

... cost-reduction initiatives. · Investigate and resolve product performance, reliability, and production issues. · Manage multiple engineering projects while meeting schedules, budgets, and ...

New

SMT Inc

Mechanical Design Engineer II

Raleigh, NC · On-site

$65K - $88K/yr

... cost-reduction initiatives. • Investigate and resolve product performance, reliability, and production issues. • Manage multiple engineering projects while meeting schedules, budgets, and ...

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All JobsCost Reduction JobsCost Reduction Manager JobsCost Reduction Manager Jobs in Raleigh, NC

Cost Reduction Manager information

See Raleigh, NC salary details

$37.9K

$104K

$142.9K

How much do cost reduction manager jobs pay per year?

As of Jun 12, 2026, the average yearly pay for cost reduction manager in Raleigh, NC is $104,019.00, according to ZipRecruiter salary data. Most workers in this role earn between $88,900.00 and $118,100.00 per year, depending on experience, location, and employer.

What is cost reduction management?

Cost reduction management is a process used by professionals, such as a Cost Reduction Manager, to identify and implement strategies that lower expenses and improve efficiency within an organization. It involves analyzing operational costs, negotiating with suppliers, and applying cost-saving tools to enhance profitability while maintaining quality. Strong analytical skills and knowledge of financial metrics are essential for success in this role.

How much do cost managers make in the US?

Cost reduction managers, often called cost analysts or procurement managers, typically earn between $70,000 and $120,000 annually in the US, depending on experience, industry, and location. Senior roles or those with specialized skills and certifications can earn higher salaries, often exceeding $130,000 per year.

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

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 typically 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 jobs pay $10,000 a month without a degree?

A Cost Reduction Manager can earn $10,000 or more per month through performance-based bonuses and experience, often without requiring a formal degree. High-level roles in sales, real estate, or entrepreneurship can also reach this income level, especially with strong skills, industry knowledge, and a focus on client relationships. Success in these fields typically depends on experience, networking, and proven results rather than formal education.

What jobs pay $2000 a day?

High-paying jobs that can pay around $2,000 a day typically include executive roles such as CEOs, CFOs, and other C-suite positions, as well as specialized professions like surgeons, anesthesiologists, and certain legal or consulting experts. These roles often require advanced degrees, extensive experience, and strong negotiation skills, and may involve high-pressure environments or significant responsibilities.
What are popular job titles related to Cost Reduction Manager jobs in Raleigh, NC? For Cost Reduction Manager jobs in Raleigh, NC, the most frequently searched job titles are:
What job categories do people searching Cost Reduction Manager jobs in Raleigh, NC look for? The top searched job categories for Cost Reduction Manager jobs in Raleigh, NC are:
Cost Reduction Manager jobs near you
Infographic showing various Cost Reduction Manager job openings in Raleigh, NC as of June 2026, with employment types broken down into 57% Full Time, 29% Part Time, and 14% Contract. Highlights an 92% Physical, 2% Hybrid, and 6% Remote job distribution, with an average salary of $104,019 per year, or $50 per hour.
Finance Manager, Robotics & Automation, Apex

Finance Manager, Robotics & Automation, Apex

Novanta

Apex, NC

Full-time

Posted 18 days ago

Job description

Build a career powered by innovations that matter! At Novanta, our innovations power technology products that are transforming healthcare and advanced manufacturing-improving productivity, enhancing people's lives and redefining what's possible. We create for our global customers engineered components and sub-systems that deliver extreme precision and performance for a range of mission-critical applications-from minimally invasive surgery to robotics to 3D metal printing.

Novanta is one global team with over 26 offices located in The Americas, Europe and Asia-Pacific. Looking for a great place to work? You have found it with a culture that embraces teamwork, collaboration and empowerment. Come explore Novanta.

The Finance Manager oversees budgeting, forecasting, and analysis, ensuring accurate financial reporting. They advise senior management to drive growth and profitability. Managing and analyzing financial statements and reports
Preparing and presenting financial forecasts and budget plans
Collaborating with other departments to ensure financial alignment and management
Managing cash flow and investment strategies
Identifying areas for cost reduction and profit maximization Timeliness of creating forecasts, budgets, reports & analysis; consistently meets deadlines
Consistently high level of accuracy & reasonableness, of financial forecasts, reports & analysis
Successful track record guiding other departments and teams to make business decisions that have optimal financial outcomes Education - Possess academic qualifications in Accounting, Finance, or related fields.
Experience - Possess extensive experience in financial management, supporting problem-solving and decision-making.
Skill - Be able to analyze complex financial data and communicate findings effectively
Knowledge - Have a clear understanding of accounting principles and financial systems.
Competency - Be detail-oriented and possess excellent organizational skills, with an ability to prioritize and multi-task.

Novanta is proud to be an equal employment opportunity and affirmative action workplace. We consider all qualified applicants without regard to race, color, religion, sex (including pregnancy), sexual orientation, gender identity or expression, national origin, military and veteran status, disability, genetics, or any other category protected by federal law or Novanta policy.

Please call +1 781-266-5700 if you need a disability accommodation for any part of the employment process.

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