Cost Reduction Jobs in Tennessee (NOW HIRING)

Manufacturing Cost Analysis 

• Analyze and monitor manufacturing costs, including direct labor, overhead, material consumption, and operational efficiency drivers. 

• Evaluate cost performance across production processes and identify opportunities to improve profitability and cost control. 

• Assess capacity utilization, productivity, and operational performance to determine impacts on program financial results. 

• Support the development, maintenance, and continuous improvement of manufacturing costing methodologies, models, and tools. 

• Partner with Manufacturing and Operations teams to identify cost reduction opportunities and improve financial performance. 

Program Quoting & Cost Analysis (RFQ Support) 

• Develop cost models, profitability analyses, and business case evaluations for new business opportunities and customer quotations. 

• Establish target costs based on manufacturing capabilities, process assumptions, and operational constraints. 

• Collaborate with Manufacturing, Engineering, Purchasing, and other cross-functional teams to validate cost assumptions and financial targets. 

• Identify cost gaps and develop action plans to achieve target profitability objectives. 

• Conduct financial risk assessments related to production ramp-up, labor efficiency, process performance, and cost variability. 

• Support continuous improvement of quoting processes through standardization, automation, and data-driven benchmarking. 

Program Development Financial Support 

• Update financial projections and program profitability analyses based on engineering changes, process design modifications, and manufacturing strategy updates. 

• Monitor implementation of cost reduction and profitability improvement initiatives throughout program development. 

• Track financial risks associated with manufacturing readiness, production efficiency, and operational performance. 

• Develop and maintain reporting tools and dashboards that provide visibility into program cost performance and financial trends. 

• Partner with project teams to ensure financial objectives remain aligned with program milestones and operational requirements. 

Production Cost & Performance Analysis 

• Analyze actual versus planned financial and operational results, including labor efficiency, scrap, utilization, and manufacturing performance metrics. 

• Investigate cost variances, identify root causes, and recommend corrective actions to improve financial outcomes. 

• Validate the effectiveness of operational improvement initiatives and cost reduction activities. 

• Capture lessons learned and best practices to strengthen future cost models, assumptions, and manufacturing strategies. 

• Support ongoing efforts to improve plant performance, cost control, and profitability. 

Profitability Improvement & Financial Performance Management 

• Monitor key financial and operational metrics, including Gross Margin, Direct Profit, EBIT, labor productivity, and manufacturing efficiency. 

• Evaluate the financial impact of process improvements, automation initiatives, and productivity enhancements. 

• Track profitability improvement actions and ensure timely completion through structured problem-solving and continuous improvement methodologies. 

• Leverage data analytics, reporting tools, and business intelligence platforms to identify trends, risks, and cost-saving opportunities. 

• Provide recommendations to management to support profitability improvement and strategic decision-making. 

Financial Systems, Reporting & Process Improvement 

• Lead initiatives to enhance financial processes, improve reporting accuracy, and reduce manual activities through automation and standardization. 

• Develop and maintain dashboards, financial models, and performance reporting tools to support business decision-making. 

• Promote consistency in cost analysis, reporting methodologies, and financial practices across programs and manufacturing locations. 

• Support implementation of innovative technologies, system enhancements, and data integration initiatives to improve scalability and efficiency. 

• Drive continuous improvement efforts focused on strengthening financial visibility, operational insights, and decision support capabilities. 

Additional Responsibilities 

• Support special projects, analyses, and other duties as assigned. 

• Develop scenario analyses and financial models evaluating variables such as production volume, labor efficiency, automation investments, manufacturing footprint, and capacity utilization. 

• Provide financial insights and recommendations to support strategic planning, investment decisions, and long-term business objectives. 

What you will bring to the table:

• Bachelor's degree in Business, Finance,Engineeringor closely related field  
• Broad and solid understanding of business principles with strong exposure to manufacturing operations, cost drivers, and plant performance.  
• Preferred:Minimum of 2 years of experience inAutomotiveor Manufacturing industry, preferably in a global environment.
• Exposure toplant operations, production planning, or industrial engineering concepts, withabilityto connect financial results to manufacturing performance.  
• Proficiency in SAP, Microsoft Office Suite
• Travel requirements: Local, regional, national, and international 
• Spanish preferred 

What we can provide you: