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Cost Reduction Jobs (NOW HIRING)

PACCAR

Product Cost Integration Specialist

Denton, TX · On-site

In addition, this role strengthens overall cost reduction effectiveness by improving the quality and confidence of cost savings estimates, enabling better prioritization of opportunities, and ...

PACCAR

Product Cost Integration Specialist

Denton, TX · On-site

In addition, this role strengthens overall cost reduction effectiveness by improving the quality and confidence of cost savings estimates, enabling better prioritization of opportunities, and ...

PACCAR

Product Cost Integration Specialist

Denton, TX · On-site

In addition, this role strengthens overall cost reduction effectiveness by improving the quality and confidence of cost savings estimates, enabling better prioritization of opportunities, and ...

PACCAR

Product Cost Integration Specialist

Denton, TX · On-site

In addition, this role strengthens overall cost reduction effectiveness by improving the quality and confidence of cost savings estimates, enabling better prioritization of opportunities, and ...

SPAN

Cost Down Program Manager

San Francisco, CA · On-site

$125K - $165K/yr

Chair and participate in product cost reduction committees and review boards to ensure alignment and progress. * Project and KPI Ownership - Set and track clear goals, KPIs, and deliverables for ...

Gotion, Inc.

Cost Accountant

Manteno, IL · On-site

$65K - $86K/yr

Develop and implement cost reduction strategies * Track and monitor variances between actual and budgeted costs * Maintain accurate records of all cost accounting transactions * Work closely with the ...

Noblesoft Technologies

Cost Engineer

Auburn Hills, MI · On-site

Advantageous • Required Automotive industry experience. • Automotive cost reduction/ Should cost experience. • Flexibility to work in a fast-paced environment. • Excellent communication ...

Vogt Power

Cost Estimator

Louisville, KY · On-site

$63K - $83K/yr

Identifies cost reduction opportunities and participates and/or initiates cost reduction efforts. To perform this job successfully, an individual must be able to perform each essential duty ...

Vogt Power

Cost Estimator

Louisville, KY · On-site

$63K - $83K/yr

Identifies cost reduction opportunities and participates and/or initiates cost reduction efforts. To perform this job successfully, an individual must be able to perform each essential duty ...

Vogt Power

Cost Estimator

Louisville, KY · On-site

$63K - $83K/yr

Identifies cost reduction opportunities and participates and/or initiates cost reduction efforts. To perform this job successfully, an individual must be able to perform each essential duty ...

Trojan Battery Company

Cost Engineer

Charleston, WV · Remote

Position Overview The Cost Engineer applies advanced cost engineering, manufacturing, and supply chain expertise to drive structural cost reduction across Lead-Acid and Lithium-ion battery platforms.

C&D Technologies, Inc.

Cost Engineer

Lihue, HI · On-site

Position Overview The Cost Engineer applies advanced cost engineering, manufacturing, and supply chain expertise to drive structural cost reduction across Lead-Acid and Lithium-ion battery platforms.

Precision Resources

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Cost Engineer

Raymond, OH · On-site

$47/hr

Identify and champion VA/VE (Value Analysis/Value Engineering) and cost-reduction opportunities. * Reporting: Maintain and improve cost tracking and reporting tools to provide clear visibility into ...

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Cost Reduction information

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$39K

$107K

$147K

How much do cost reduction jobs pay per year?

As of Jul 14, 2026, the average yearly pay for cost reduction 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 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.

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Cost Reduction jobs near you

Sr. Cost Optimization Project Manager

Advita Ortho

Gainesville, FL • On-site

Full-time

Re-posted 2 days ago

Job description

Sr. Cost Optimization Project Manager
Department: Manufacturing
Employment Type: Full Time
Location: Gainesville, FL
Reporting To: Director, Fulfillment
Description
The Sr. Cost Optimization Project Manager is responsible for leading and delivering cost reduction ("cost-out") initiatives across operations, engineering, and the product lifecycle. The role ensures that strategic cost optimization objectives are achieved while maintaining product quality, regulatory compliance, and supply continuity.
This position will drive initiatives focused on margin expansion, value engineering, process efficiency, and supply chain optimization. The individual must be able to balance trade-offs between cost, quality, and timeline while upholding the highest standards of product safety and performance in a regulated medical device environment.
Key Responsibilities
  • Lead and execute cost optimization (cost-out) programs including value engineering, design-to-cost, and process improvement initiatives.
  • Identify, prioritize, and deliver cost savings opportunities across manufacturing, supply chain, and product design.
  • Develop and manage detailed program plans, including scope, timelines, financial targets, and resource allocation.
  • Partner with cross-functional teams (Engineering, Operations, Supply Chain, Quality, Regulatory, Finance) to assess and implement cost reduction strategies.
  • Drive product cost reduction initiatives across the product lifecycle, including sustaining engineering and legacy product optimization.
  • Manage day-to-day execution of cost-out projects, ensuring delivery of savings targets on time and within scope.
  • Analyze cost structures (BOM, labor, overhead, supplier pricing) to identify opportunities for efficiency and savings.
  • Facilitate supplier cost reduction initiatives including negotiations, resourcing, and design changes in partnership with procurement.
  • Lead trade-off analyses to ensure cost reduction initiatives do not adversely impact product quality, performance, or compliance.
  • Track, report, and communicate cost savings metrics, forecasts, and risks to stakeholders and leadership.
  • Identify and remove barriers to execution, ensuring alignment across teams and timely decision-making.
  • Ensure all initiatives comply with Design Controls, Quality Management System (QMS), and applicable regulatory standards.
  • Support continuous improvement culture through Lean, Six Sigma, and other operational excellence methodologies.
  • Develop scalable processes and governance for ongoing cost optimization efforts.

Skills Knowledge and Expertise
Education:
  • Bachelor's degree in Engineering, Operations, Supply Chain, or related technical field required.

Experience:
  • Minimum of 6-8 years of experience in medical device, healthcare manufacturing, or highly regulated industry.
  • Minimum of 2-5 years leading cross-functional programs or projects.
  • Proven experience leading cost reduction / cost-out initiatives and delivering measurable savings results.

Functional/Technical Knowledge, Skills and Abilities Required:
  • Demonstrated success driving cost optimization programs with quantifiable financial impact.
  • Strong project/program management skills, including planning, risk management, and execution.
  • Deep understanding of manufacturing processes, supply chain, and product cost drivers.
  • Experience with value engineering, design-to-cost, and supplier cost reduction strategies.
  • Ability to influence and lead cross-functional teams without direct authority.
  • Strong financial acumen, including cost modeling, ROI analysis, and savings tracking.
  • Excellent communication and stakeholder management skills (executive-level reporting required).
  • Working knowledge of ISO standards, FDA regulations, and Design Controls within the medical device industry.

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