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Cost Reduction Jobs in Minnesota (NOW HIRING)

Daikin Applied Ltd.

Manufacturing Engineer I

Owatonna, MN · On-site

$62 - $100.50/hr

Recommend methods for improving worker effectiveness, safety, quality, and cost reduction. This may involve restructuring job duties, optimizing workflow based on PDS principles, relocating ...

New

MGM Transformers

Mechanical Engineer III - Ehouse

Osseo, MN · On-site

$122K - $135K/yr

Lead cost reduction and value engineering efforts without compromising performance or quality * Partner with manufacturing to improve production efficiency and reduce variability Standards, Process ...

Wenger Corporation

Procurement Supervisor

Owatonna, MN · On-site

$75 - $95/hr

Cost Management and Negotiation Support: support pricing reviews, cost reduction initiatives, and contract or pricing negotiations in coordination with leadership and cross-functional partners.

TEAM INDUSTRIES

Buyer

Bagley, MN · On-site

Maintains an essential balance between supplier quality, delivery expectations, and cost reduction metrics. Essential Duties/Responsibilities: Ensure a safe work environment for self and others.

Polaris, Inc.

Sourcing Lead

Plymouth, MN · On-site

$85K - $95K/yr

Develop and execute cost reduction initiatives, including fact-based negotiations, market analysis, should-cost modeling, supplier transitions, and contractual cost savings commitments. * Monitor and ...

Arctic Cat

ISC Project Mgr

Thief River Falls, MN · On-site

Lead and manage ISC cost reduction and operational efficiency initiatives, driving cross-functional teams to achieve business goals and deliver measurable results. * Collaborate with IT and key ...

Arctic Cat Inc.

ISC Project Mgr

Thief River Falls, MN · On-site

Lead and manage ISC cost reduction and operational efficiency initiatives, driving cross-functional teams to achieve business goals and deliver measurable results. * Collaborate with IT and key ...

Polaris, Inc.

Sourcing Lead

Plymouth, MN · Hybrid

$85K - $95K/yr

Develop and execute cost reduction initiatives, including fact-based negotiations, market analysis, should-cost modeling, supplier transitions, and contractual cost savings commitments. * Monitor and ...

Applied Engineering

Electrical Engineer

Faribault, MN · On-site

$51.51 - $59.24/hr

Contribute to sustaining engineering activities such as cost-reduction projects and engineering change requests * Participate in continuous improvement efforts that strengthen product quality, reduce ...

Arctic Cat

ISC Project Mgr

Thief River Falls, MN · On-site

$70K - $80K/yr

Lead and manage ISC cost reduction and operational efficiency initiatives, driving cross-functional teams to achieve business goals and deliver measurable results. * Collaborate with IT and key ...

Abbott Laboratories

Senior R&D Engineer

Plymouth, MN · On-site

$78 - $156/hr

Provides technical leadership for multiple product design and manufacturing quality improvement and product cost reduction projects related to electrophysiology catheters. * Establish design and ...

New

Benchmark

Supply Chain Analyst II

Rochester, MN · On-site

... cost reduction program by making viable business recommendations and process improvement ideas. • Manages component throughput product life cycle (PLC). • Participates and provide input to ...

Thrive

Senior Financial Analyst - 5068

Minneapolis, MN · On-site

$89K - $111K/yr

Ensure that cost reduction activities are prioritized based upon data and projected ROI. * Ensure that variances from plan and past performance are identified and explained. * Make appropriate ...

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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 are the most commonly searched types of Cost Reduction jobs in Minnesota?

The most popular types of Cost Reduction jobs in Minnesota are:

Cost Reduction jobs near you
Infographic showing various Cost Reduction job openings in Minnesota as of August 2026, with employment types broken down into 1% As Needed, 87% Full Time, 8% Part Time, and 4% Contract. Highlights an 93% Physical, 3% Hybrid, and 4% Remote job distribution.

Manufacturing Engineer I

Daikin Applied Ltd.

Owatonna, MN • On-site

$62 - $100.50/hr

Other

Medical, Dental, Vision, Retirement, PTO

Posted yesterday

New

Job description

## Manufacturing Engineer IApplylocations: Owatonna, MN 55060time type: Full timeposted on: Posted 6 Days Agojob requisition id: R003155*Join the world's largest HVAC company, named by Forbes as one of America's Best-In-State Employers 2025!*Daikin Applied is seeking a **Manufacturing Engineer.** You will have the ability to make an impact and shape your career with a company that is passionate about growth. The support of an organization that believes it is vital to include and engage diverse people, perspectives, and ideas to achieve our best. Come be a part of an exciting journey at Daikin Applied, where innovation and excellence drive our every endeavor!**Location:** Owatonna, MN**Your Responsibilities:*** Provide manufacturing engineering expertise to support the management team, collaborate on process improvement, and contribute to continuous improvement/cost reduction efforts with minimal supervision or under the guidance of a senior Manufacturing Engineer* Perform time studies to identify potential process improvement, apply the theory of constraints to identify bottlenecks, and optimize work content for improved line flow* Analyze operational data to optimize equipment and workspace layout, following lean manufacturing principles & Utilizing the PDCA process to evaluate process changes for performance improvement recommendations* Recommend methods for improving worker effectiveness, safety, quality, and cost reduction. This may involve restructuring job duties, optimizing workflow based on PDS principles, relocating workstations and equipment, and considering new equipment purchases* Collaborate with the manufacturing engineering team to create work instructions, training checklists, and training matrices; partner with the Safety Manager to establish safe procedures and enhance ergonomics in the manufacturing process* Collaborate with cross-functional teams to improve manufacturability in new product development and create production process guidelines, measurement parameters, and cost estimates for both new and existing products* Collaborate on equipment/tool design for production processes and facilitate equipment procurement through quotes/bids* Support senior manufacturing engineers with capital investment projects and possibly manage small capital projects (including the creation of funding requests)* Assist with the evaluation of hourly employee’s job skill knowledge (JSK) requirements* Become skilled in the use of tools in the lean toolbox (e.g., root cause analysis, PDCA, kaizen, 5S, etc.)**Your Qualifications:*** Bachelors Degree in Industrial Technology, Industrial Manufacturing Engineering or equivalent technical, scientific or engineering degree.* Solidworks, AutoCAD 2D, MS Office and MS Project experience**Your Benefits:**Daikin Applied offers the following benefits for this position, subject to applicable eligibility requirements:* Multiple medical insurance plan options + dental and vision insurance* 401K retirement plan with employer match* Paid time off and company paid holidays* Paid sick time in accordance with the federal, state and local law* Tuition Reimbursement after 6 months of continuous serviceWork visa sponsorship is not available for this positionThe typical annual base salary for this position ranges from $62,000.00 - $100,500.00 in Minnesota. The range displayed represents the pay range for all positions in the job grade which this position falls. Individual base pay will depend on a wide range of factors including your skills, qualifications, experience, and location.If you're looking for an engaging career with growth opportunities in a supportive environment, you'll love a career at Daikin Applied! #J-18808-Ljbffr

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