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As of Sep 12, 2026, the average yearly pay for innovation project in the United States is $96,560.00, according to ZipRecruiter salary data. Most workers in this role earn between $75,000.00 and $113,000.00 per year, depending on experience, location, and employer.

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Innovation Project jobs near you
A map of the United States highlighting the number of Innovation Project job openings by state according to ZipRecruiter. The image is accompanied by a detailed chart listing the number of Innovation Project job openings in each state, with California having the most at 2 and Hawaii the least at 0.

Cost Innovation Project Team Lead

Raymond, OH • On-site

American Honda Motor Co., Inc.
Motor Vehicle Manufacturing • 10K+ employees
Learn more about American Honda Motor Co., Inc.external

$39.66 - $49.57/hr

Full-time

Medical, Dental, Vision, Retirement, PTO

This job post has expired today. Applications are no longer accepted.

American Honda Motor rating

7.2

Company rating: 7.2 out of 10

Based on 449 frontline employees who took The Breakroom Quiz

Job description

What Makes a Honda, is Who makes a Honda
Honda has a clear vision for the future, and it’s a joyful one.  We are looking for individuals with the skills, courage, persistence, and dreams that will help us reach our future-focused goals. At our core is innovation. Honda is constantly innovating and developing solutions to drive our business with record success.  We strive to be a company that serves as a source of “power” that supports people around the world who are trying to do things based on their own initiative and that helps people expand their own potential. To this end, Honda strives to realize “the joy and freedom of mobility” by developing new technologies and an innovative approach to achieve a “zero environmental footprint.”

We are looking for qualified individuals with diverse backgrounds, experiences, continuous improvement values, and a strong work ethic to join our team.

If your goals and values align with Honda’s, we want you to join our team to Bring the Future!

Job Purpose

The Cost Innovation (CI) project lead is responsible for Cost Reduction(CR)  activities for SxS/ATV/PE/L&G products. Implement various CR activities in collaboration with purchasing, production, and GO, and work with the new model development team to achieve business cost targets. Furthermore, as a leader, support organizational management and maximize results.　 

Key Accountabilities
  • Leads cost innovation activities described below and support organizational management as a leader.  Planning, Execution, Tracking of CI initiatives through implementation.  
  • New Model Development: Preliminary Cost Planning
    Based on the current model costs, proceed with cost planning that includes increasing the added value costs of the new model and defining the CR target.
  • Centralized management of CR ideas in a database
    Utilize Honda's global CR database to manage CR ideas at AH and advance their application to new models.
  • Promoting CR in mass production design changes
    By integrating readily applicable CR ideas with DEB and applying them to mass production, costs can be reduced.
  • Optimizing manufacturing processes in collaboration with suppliers
    Understand the supplier's manufacturing process and optimize the manufacturing process by modifying drawings to make them easier to produce.
  • Improvement of in-house manufacturing processes
    Understand the manufacturing process for in-house parts and optimize the design drawings.
  • Development of new suppliers
    Collaborate on purchasing and develop new suppliers.
  • Formulation of a parts strategy
    Develop procurement strategies and component strategies that incorporate specification evolution.  Roadmaps, CI opportunities and communication to support decision making
Qualifications, Experience, and Skills

Minimum Educational Qualifications:

  • Bachelors degree with 8 years of applied work experience.
  • Associates and 10+ years of related work experience may be substituted.

Minimum Experience:

  • Should have 3-5 years development experience.

Other Job-Specific Skills:

  • Understanding of development procedure.
  • Understanding of SEDB (Sales, Manufacturing, R&D, Purchasing) functions.
  • Competent drawing and layout skills/techniques, include understanding of CAE principles.
  • Competent in creating a plan and schedule.
  • Excellent multi-tasking, prioritizing, and decision-making skills.
  • Ability to positively influence & motivate team members.
  • Strong communication, presentation, and interpersonal skills.

Please Note: Sponsorship for employment visa status for these positions is unavailable. Applicants requiring sponsorship for employment visa status now or in the future (e.g., F-1 CPT/OPT, H-1B, TN, etc.) will not be considered. 

Working Conditions

  • Majority of time is in office environment.

  • Physical:  primarily deskwork, frequent keyboarding.

  • Overtime:  10-15 hours overtime per week possible based on project demands and responsibilities.  Occasional weekend work.

  • Travel:  As required depending on project demand, typically less than 25%

What differentiates Honda and makes us an employer of choice?

Total Rewards: 

  • Competitive Base Salary (pay will be based on several variables that include, but not limited to geographic location, work experience, etc.)
  • Regional Bonus (when applicable)
  • Manager Lease Car Program (No Cost - Car, Maintenance, and Insurance included)
  • Industry-leading Benefit Plans (Medical, Dental, Vision, Rx)
  • Paid time off, including vacation, holidays, shutdown
  • Company Paid Short-Term and Long-Term Disability 
  • 401K Plan with company match + additional contribution
  • Relocation assistance (if eligible)

Career Growth:

  • Advancement Opportunities
  • Career Mobility
  • Education Reimbursement for Continued learning
  • Training and Development Programs 

Additional Offerings:

  • Lifestyle Account
  • Childcare Reimbursement Account
  • Elder Care Support
  • Tuition Assistance & Student Loan Repayment
  • Wellbeing Program
  • Community Service and Engagement Programs
  • Product Programs

Honda is an equal opportunity employer and considers qualified applicants for employment without regard to race, color, creed, religion, national origin, sex, sexual orientation, gender identity and expression, age, disability, veteran status, or any other protected factor.

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