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Cost Reduction Manager Jobs (NOW HIRING)

Additionally, they will support category management in fact-based negotiations and leverage supplier capabilities in cost-reduction efforts, and collaborate with supplier, engineering, and other ...

Job Title: Cost Engineer Support design engineering product cost management activities through ... Identify cost reduction opportunities. * All other duties as assigned. Qualifications:

Job Title: Cost Engineer Support design engineering product cost management activities through ... Identify cost reduction opportunities. * All other duties as assigned. Qualifications:

Cost Accountant

Manteno, IL

$65K - $86K/yr

Prepare and present financial reports to senior management * Develop and implement cost reduction strategies * Track and monitor variances between actual and budgeted costs * Maintain accurate ...

Manufacturing Cost Accountant

San Diego, CA ยท On-site

$80K - $100K/yr

... cost reduction strategy as a Cost Accountant โ€ข Be the go-to Cost Accountant driving margin ... Manage cost accounting transactions and ensure compliance with GAAP and company policies โ€ข ...

Specialist, Cost Accounting

Canton, MI ยท On-site

$60K - $81K/yr

The Cost Accountant is responsible for providing financial analysis and cost management support ... Partner with Manufacturing and Operations teams to identify cost reduction opportunities and ...

Cost Estimator

Louisville, KY ยท On-site

$63K - $83K/yr

Supports Sales/Supply Management to develop detailed Work Scopes to obtain quotations on proposals ... Identifies cost reduction opportunities and participates and/or initiates cost reduction efforts.

Supports Sales/Supply Management to develop detailed Work Scopes to obtain quotations on proposals ... Identifies cost reduction opportunities and participates and/or initiates cost reduction efforts.

Specialist, Cost Accounting

La Vergne, TN

$62K - $83K/yr

The Cost Accountant is responsible for providing financial analysis and cost management support ... Partner with Manufacturing and Operations teams to identify cost reduction opportunities and ...

Specialist, Cost Accounting

Canton, MI ยท On-site

$60K - $81K/yr

The Cost Accountant is responsible for providing financial analysis and cost management support ... Partner with Manufacturing and Operations teams to identify cost reduction opportunities and ...

Cost Estimator

Louisville, KY ยท On-site

$63K - $83K/yr

Supports Sales/Supply Management to develop detailed Work Scopes to obtain quotations on proposals ... Identifies cost reduction opportunities and participates and/or initiates cost reduction efforts.

Supply Chain Manager

North Hollywood, CA ยท On-site

$160K - $170K/yr

This role owns KPI performance, cost reduction, inventory optimization, and team leadership while ... Manage suppliers, contracts, and RFQs. * Own supply chain KPIs, analytics, and reporting. * Lead ...

Showing results 21-40

Cost Reduction Manager information

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$39K

$107K

$147K

How much do cost reduction manager jobs pay per year?

As of Aug 18, 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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What cities are hiring for Cost Reduction Manager jobs?

Cities with the most Cost Reduction Manager job openings:

What states have the most Cost Reduction Manager jobs?

States with the most job openings for Cost Reduction Manager jobs include:

Infographic showing various Cost Reduction Manager job openings in the United States as of August 2026, with employment types broken down into 88% Full Time, 11% Part Time, and 1% Contract. Highlights an 81% Physical, 2% Hybrid, and 17% Remote job distribution, with an average salary of $107,007 per year, or $51.4 per hour.

Sr. Cost Specialist

Yazaki

Canton, MI โ€ข Hybrid

Full-time

Retirement

Re-posted 4 days ago


Job description

Yazakiย is a global leader in the research, development, and delivery of vehicle power and data solutions.

Yazaki works with virtually every major auto manufacturer globally, and we've strived to maintain strategic and stable growth throughout our 84-year history. Today, we're looking for energetic people with the potential to perform and the ability to strengthen - and thrive in - the positive work environment we pride ourselves on.


Location: Canton, MI, USAย ย 

What we are looking for:

Yazaki is looking for aย Sr. Cost Specialistย to join our Purchasing team inย Canton, MI.ย This person will accelerate cost reduction necessary to compensate for revenue shortfalls and maintain margin. They will be responsible for calculating cost while analyzing supplier cost structures, manufacturing, and logistic processes. Additionally, they will support category management in fact-based negotiations and leverage supplier capabilities in cost-reduction efforts, and collaborate with supplier, engineering, and other business units to challenge and eliminate cost drivers in supply chain and product design. The ideal candidate will enjoy working in a collaborative and action-driven environment making lasting impacts on the organization.ย This position is hybrid.

What you will be doing:

  • Design and implement all processes, tools, and systems necessary.
  • Support the roll out of cost engineering globally
  • Lead and support preparation of cost break downs for bottom up calculation, and evaluate cost break down sheets and cost analysis.
  • Prepare data to identify measures for cost reduction of purchased parts in alignment with manager or functional expert.
  • Support regional and global category teams with analysis and counterproposals to negotiate and challenge supplier market driven price increase requests
  • Evaluate, benchmark, and maintain data of supplier rate commitment cards.
  • Conduct supplier VA/VE, VSM and cost reduction workshops to improve competitiveness of suppliers based on selected KPI's.
  • Support engineering to reduce cost through standardization of specifications as well as through reduction of complexity.
  • Identify, evaluate & deploy cost reduction projects along the entire end-to-end product realization process.
  • Encourage and challenge suppliers to submit cost saving proposals to achieve overall cost reduction of products and services purchased and as a result improve competitiveness.
  • Prepare cost estimates for purchased components and tools for new business during RFQ phase as well as for running business.
  • Lead interdisciplinary teams with the target to reduce complexity and total cost of ownership
  • Collect, verify, track, and implement resulting cost reduction initiatives.
  • Report savings opportunities and achievements (pipeline) to budget owner
  • Present key projects to senior management.
  • C02 Emissions, calculations, and reporting
  • Develop tool cost estimates from ground up
  • Work with our Purchasing leads long with Customer Costing and Sales teams to ensure tool budgets are reasonable and achievable

What you will bring to the table:

  • Bachelor's degree in a related field
  • 5-10 years of previous automotive purchasing or similar experience
  • 5 years of previous experience with cost engineering preferred
  • Spanish language preferred, Japanese language encouraged
  • Advanced knowledge of Microsoft Office suite and SharePoint with SAP and Siemens TCPCM encouraged
  • Travel: <25% local, regional, national, and international
  • Ability to resolve issues by applying creative thinking
  • Ability to think and act logically under pressure
  • Ability to resolve issues or propose resolutions to responsible parties
  • Must work independently and collaboratively
  • Key Competencies: active learning, analytical thinking and problem solving, customer orientation, results orientation and execution, initiative, and teamwork

What we can provide you:

  • A safe collaborative learning work environment that stimulates creativity and exploration
  • Diverse teams of experts
  • Resources from around the globe
  • Supportive leadership and team members to help you do your best work
  • Opportunities for professional growth
  • Competitive compensation and benefits package including incentive compensation, 401K match, tuition assistance and a generous holiday schedule
  • A hybrid work schedule

Yazaki North America is committed to providing equal employment opportunities for all persons regardless of race, color, religion, sex, age, marital status, national origin, disability, handicap, veteran status, or other legally protected status or characteristic. Equal opportunity extends to all aspects of the employment relationship. Yazaki North America complies with federal and state equal employment opportunity laws and strives to keep the workplace free from all forms of harassment.