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Cost Reduction Jobs in Delaware (NOW HIRING)

Collaborate with suppliers on continuous improvement and cost reduction projects. * Resolve supply issues and implement corrective actions when necessary. Cross-Functional Collaboration * Work ...

This involves creation and maintenance of CAD drawing libraries and BOMs and working with Purchasing to value-engineer products for cost reduction. 5. Routinely visit customer locations for field ...

This involves creation and maintenance of CAD drawing libraries and BOMs and working with Purchasing to value-engineer products for cost reduction. 5. Routinely visit customer locations for field ...

This involves creation and maintenance of CAD drawing libraries and BOMs and working with Purchasing to value-engineer products for cost reduction. 5. Routinely visit customer locations for field ...

This involves creation and maintenance of CAD drawing libraries and BOMs and working with Purchasing to value-engineer products for cost reduction. 5. Routinely visit customer locations for field ...

You will be responsible for driving cost reduction, mitigating supply risk, and embedding robust supplier quality systems across our global supply chain. Key Responsibilities To perform in this ...

Drive reduction of excess and slow-moving inventory * Ensure purchase price accuracy and support cost tracking against standard costs * Identify and escalate cost increases or supply risks

This involves creation and maintenance of CAD drawing libraries and BOMs and working with Purchasing to value-engineer products for cost reduction. 5. Routinely visit customer locations for field ...

This involves creation and maintenance of CAD drawing libraries and BOMs and working with Purchasing to value-engineer products for cost reduction. 5. Routinely visit customer locations for field ...

Drive reduction of excess and slow-moving inventory * Ensure purchase price accuracy and support cost tracking against standard costs * Identify and escalate cost increases or supply risks

Plant Controller

Milford, DE

$103K - $128K/yr

Drive cost reduction, productivity, and continuous improvement initiatives * Support financial performance improvements across multiple facilities as needed Work Environment * High level of ...

Plant Controller

Milford, DE

$103K - $128K/yr

Drive cost reduction, productivity, and continuous improvement initiatives * Support financial performance improvements across multiple facilities as needed Work Environment * High level of ...

Achieve warehouse cost metrics and actively seek to develop cost-reduction strategies. * Apply continuous improvement efforts while applying lean thinking and tools to eliminate waste. YOU MUST HAVE

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Cost Reduction information

What is the difference between Cost Reduction vs Cost Analyst?

AspectCost ReductionCost Analyst
Primary FocusIdentifying and implementing strategies to decrease overall expensesAnalyzing costs, budgeting, and financial data to inform cost-saving decisions
Required SkillsStrategic planning, negotiation, project managementData analysis, financial modeling, reporting
Work EnvironmentCross-departmental, project-basedFinance or accounting departments, office setting
CertificationsOften not required but beneficial certifications include CPA, CMACPA, CFA, or similar financial certifications often preferred

While both roles focus on cost management, Cost Reduction involves developing and executing strategies to lower expenses across the organization. Cost Analysts primarily analyze financial data to identify cost-saving opportunities and support decision-making. The roles overlap in financial analysis skills but differ in scope and responsibilities, with Cost Reduction being more strategic and implementation-oriented, and Cost Analysts focusing on detailed financial analysis and reporting.

What job categories do people searching Cost Reduction jobs in Delaware look for? The top searched job categories for Cost Reduction jobs in Delaware are:

Domestic Sourcing Specialist

Mayzon

New Castle, DE โ€ข On-site

Other

Posted 17 days ago


Job description

Domestic Sourcing Specialist โ€“ North America


The Domestic Sourcing Specialist is responsible for identifying, developing, and managing supplier relationships throughout North America to support the company's procurement, cost, quality, and supply chain objectives. This role will focus on sourcing components, finished goods, packaging materials, and value-added services from suppliers located in the United States, Canada, and Mexico.

The ideal candidate possesses strong supplier management, negotiation, and project management skills, with experience in manufacturing, consumer products, home improvement products, or bathroom accessories.


Key Responsibilities


Supplier Identification & Development

  • Identify and qualify new domestic suppliers across North America.
  • Conduct supplier assessments, capability reviews, and risk evaluations.
  • Develop strategic supplier partnerships to improve cost competitiveness and supply reliability.
  • Maintain a robust supplier pipeline to support business growth and risk mitigation.


Strategic Sourcing

  • Lead RFQ, and supplier selection processes.
  • Analyze supplier quotations and total landed cost models.
  • Negotiate pricing, payment terms, lead times, tooling investments, and service agreements.
  • Support supplier consolidation and sourcing optimization initiatives.


Supplier Relationship Management

  • Manage supplier performance related to quality, delivery, cost, and responsiveness.
  • Conduct regular business reviews with key suppliers.
  • Collaborate with suppliers on continuous improvement and cost reduction projects.
  • Resolve supply issues and implement corrective actions when necessary.


Cross-Functional Collaboration

  • Work closely with Product Development, Engineering, Quality, Operations, Logistics, and Sales teams.
  • Support new product introduction (NPI) and product transfer projects.
  • Ensure sourcing strategies align with customer requirements and operational objectives.
  • Participate in value engineering and cost-reduction initiatives.


Cost Management

  • Monitor commodity and market trends affecting material costs.
  • Develop and execute annual cost savings programs.
  • Analyze spend data and identify sourcing opportunities.
  • Support budgeting and forecasting activities.


Quality & Compliance

  • Partner with Quality teams to ensure suppliers meet company standards.
  • Support supplier audits and corrective action programs.
  • Ensure compliance with applicable regulatory and customer requirements.
  • Monitor supplier certifications and quality system performance.


Supply Chain Risk Management

  • Develop contingency plans for critical suppliers and materials.
  • Monitor supplier capacity, financial stability, and operational risks.
  • Support business continuity planning and supply assurance initiatives.
  • Evaluate nearshoring and reshoring opportunities to improve supply chain resilience.


Qualifications.

  • 3โ€“7 years of sourcing, procurement, or supply chain experience.
  • Experience sourcing within the United States, Canada, and/or Mexico.
  • Background in consumer products, home improvement products, hardware, bathroom accessories, plastics, metal fabrication, or related industries preferred.
  • Experience working with contract manufacturers and component suppliers.


Skills & Competencies

  • Strong supplier negotiation and relationship management skills.
  • Knowledge of sourcing methodologies and procurement best practices.
  • Understanding of manufacturing processes including metal fabrication, injection molding, stamping, die casting, and assembly operations.
  • Strong analytical and cost modeling capabilities.
  • Proficiency in ERP systems and Microsoft Excel.
  • Excellent communication and project management skills.
  • Ability to manage multiple projects and priorities simultaneously.


Preferred Qualifications

  • CPSM, CPM, or APICS certification.
  • Experience with Lean Manufacturing and supplier development.
  • Knowledge of USMCA trade regulations and North American supply chain networks.


Key Performance Indicators (KPIs)

  • Annual Cost Savings
  • Supplier On-Time Delivery
  • Supplier Quality Performance
  • New Supplier Development
  • Lead Time Reduction
  • Supply Continuity
  • RFQ Response Cycle Time
  • Supplier Risk Reduction
  • Project Launch Success Rate


Travel Requirements

  • 15โ€“30% travel within the United States, Canada, and Mexico for supplier visits, audits, and business reviews.


Education

  • Bachelor's degree in Supply Chain Management, Business, Engineering, Operations, or related field.