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Cost Reduction Jobs (NOW HIRING)

Identify major cost drivers and recommend opportunities for cost reduction * Support design-to-cost initiatives through manufacturability and material optimization feedback Supplier & Component ...

Cost Reduction: * Lead initiatives to identify and implement cost-saving measures across all phases of the project lifecycle. * Coordinate cross-functional teams with expertise in the various ...

Capital & Cost Reduction Initiatives * - Monitor and report on capital expenditures, including spending versus approved budgets. * - Track and validate cost reduction initiatives and productivity ...

Capital & Cost Reduction Initiatives * - Monitor and report on capital expenditures, including spending versus approved budgets. * - Track and validate cost reduction initiatives and productivity ...

Senior Cost Engineer

Oshkosh, WI · On-site

$73K - $117K/yr

Monitor cost trends and recommend cost reduction initiatives * Support supplier cost analysis and should-cost modeling to support sourcing strategies and supplier negotiations * Partner with Supply ...

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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 Jun 12, 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 jobs pay $2000 a day?

High-paying jobs related to cost reduction, such as senior management consultants, executive-level procurement managers, or specialized financial advisors, can sometimes earn $2000 or more per day, especially with extensive experience and certifications. These roles often require advanced skills, industry knowledge, and a strong track record of delivering cost-saving strategies in large organizations.

How to make 2000 a week working from home?

A cost reduction professional can increase earnings by offering consulting services, freelance project management, or remote process optimization, often leveraging skills in data analysis and cost-saving strategies. Achieving $2000 weekly requires building a client base, setting competitive rates, and maintaining consistent work hours, typically through online platforms or direct networking.

What job makes $10,000 a month without a degree?

High-paying roles such as sales managers, real estate brokers, or skilled trades like electricians and plumbers can earn $10,000 or more monthly without a college degree, often requiring experience, certifications, or licensing. Success in these fields depends on skills, networking, and performance rather than formal education.

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.

How to make $80,000 a year without a degree?

Achieving an $80,000 annual salary in cost reduction roles often involves gaining experience through on-the-job training, developing skills in budgeting, negotiation, and data analysis, and obtaining certifications such as Lean Six Sigma. Many positions in this field are available in industries like manufacturing, logistics, and retail, and may require strong problem-solving abilities and proficiency with relevant tools like Excel or ERP systems.
What cities are hiring for Cost Reduction jobs? Cities with the most Cost Reduction job openings:
What are the most commonly searched types of Cost Reduction jobs? The most popular types of Cost Reduction jobs are:
What states have the most Cost Reduction jobs? States with the most job openings for Cost Reduction jobs include:
What job categories do people searching Cost Reduction jobs look for? The top searched job categories for Cost Reduction jobs are:
Infographic showing various Cost Reduction job openings in the United States as of June 2026, with employment types broken down into 89% Full Time, 9% Part Time, and 2% Contract. Highlights an 86% Physical, 1% Hybrid, and 13% Remote job distribution, with an average salary of $107,007 per year, or $51.4 per hour.
Cost Improvement Process (CIP) Manager- Saginaw

Cost Improvement Process (CIP) Manager- Saginaw

Nexteer Automotive Corporation

Saginaw, MI • On-site

Other

Posted yesterday


Nexteer Automotive rating

6.6

Company rating: 6.6 out of 10

Based on 42 frontline employees who took The Breakroom Quiz

334th of 417 rated machine equipment manufacturers


Job description

Position: Cost Improvement Process (CIP) Manager

At Nexteer, our strength lies in the diversity of our team-each member contributing unique backgrounds, experiences, and aspirations. We believe this diversity fuels our innovation, broadens our perspectives, and propels our collective growth.

For over a century, we've been innovators in the automotive industry.  Our vision is clear - we are a global leading motion control technology company accelerating mobility to be safe, green and exciting. Our unwavering commitment to Quality, Collaboration, Integrity, and Accountability guides us as we solve motion control challenges for our global customers. If you're ready to join a dynamic team that drives change and makes a difference, Nexteer welcomes you! 

 

About the Role:

Are you a strategic thinker with a passion for driving cost savings and process improvements? We are looking for a Cost Improvement Process Analyst to join our team and lead our efforts to optimize material costs across our organization.

Key Responsibilities

As a CIP Manager, you will be responsible to:

  • Develop and implement strategies to drive cost savings through the optimization of material sourcing and procurement processes.
  • Lead cross-functional teams to identify opportunities for cost reduction, negotiate pricing with suppliers, and implement cost-saving initiatives.
  • Conduct VA/VE workshops with suppliers to generate improvement ideas and ensure that approved ideas are implemented
  • Collaborate with internal stakeholders to ensure alignment on cost reduction goals and monitor progress towards achieving targets.
  • Analyze material cost data and trends to identify opportunities for improvement and develop actionable plans to drive results.
  • Stay current on market trends, supplier capabilities, and industry best practices to drive continuous improvement in material cost management.
  • Conduct market research to identify and develop new suppliers/disruptors to properly support the needs of each product line and improve cost competitiveness

Qualifications

  • 5+ years of relevant experience 
  • Proven experience in materials management, procurement, or supply chain with a focus on cost reduction.
  • Strong analytical and problem-solving skills with the ability to drive data-driven decision making.
  • Excellent communication and collaboration skills with the ability to influence and negotiate with internal and external stakeholders.
  • Project management experience and the ability to lead cross-functional teams to achieve targeted results.
  • Must be able to travel up to 15% 

Education Requirements

  • Bachelors degree in business, engineering, supply chain management or related field

Nexteer is an Equal Opportunity Employer Disabled/Minorities/Veterans/Women

Nexteer is an E-Verify employer. E-Verify is an internet-based system operated by the Department of Homeland Security (DHS) in partnership with the Social Security Administration (SSA) that allows participating employees to electronically verify the employment eligibility of their newly hired employees in the United States.

Accessibility for Applicants with Disabilities: If you need a reasonable accommodation for the online application process due to a disability, please email careers@nexteer.com. Please provide your contact information and details about the posted position of interest. Only inquiries regarding assistance for those who need an accommodation with the online application process due to a disability will be returned.

About Nexteer

Nexteer Automotive is a global leader in advanced steering and motion control systems, enabling intuitive, safe, and comfortable mobility for drivers around the world. Our innovative product portfolio includes Electric Power Steering (EPS), Steer-by-Wire, Driveline, and Advanced Driver Assistance Systems (ADAS) technologies that support electrification, software-defined vehicles, and autonomous driving.

With approximately 13,000 employees and operations in more than 20 manufacturing plants and multiple technical centers globally, Nexteer partners with nearly every major global and regional automotive manufacturer.

Employment Agencies 

Employment agencies are an important component of our talent acquisition strategy, and we value the partnerships we have built with our preferred vendors. We will not accept unsolicited resumes from employment agencies for any employment opportunity. All resumes submitted by search firms to any employee at Nexteer Automotive or directly to hiring managers in any form without a signed Nexteer Automotive Agency Agreement on file, and search engagement for that position, will be deemed unsolicited in nature, and no fee will be paid in the event the candidate is hired as a result of the referral or through other means. Additionally, any resume submitted without a contract in place will be considered Nexteer Automotive property and no fees will be paid to the agency if the candidate is hired. 

Please note, agency agreements will only be valid if in writing and signed by a member of Nexteer's Human Resources team.  No other Nexteer employee is authorized to bind Nexteer to any agreement regarding the placement of candidates by an agency. 


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