Additional Information
Job Description
Title: Sr. Project Manager - Cost Out Procurement
Pioneer the next generation of innovation. Join us and you'll develop your skills and expertise to the very highest levels, working in an international environment for a company known the world over for its brilliance.
Position Summary:
The Project Manager Cost Out Procurement is responsible for planning, steering, and implementing global and regional cost‑out projects within Procurement. The objective of this role is the systematic identification, analysis, and realization of sustainable cost‑reduction potential across the entire supply chain. Through in‑depth market analyses, technical product evaluations, supplier base optimization, and effective negotiations, the position holder makes a significant contribution to the company's profitability and competitiveness.
Key Accountabilities:
Project Management for Cost‑Out Initiatives
Planning, leading, and monitoring cost‑out projects.
Developing project plans, milestones, resource requirements, and savings targets.
Managing cross‑functional teams (Engineering, Quality, Logistics, Finance, Production).
Ensuring on‑time execution, reporting, and risk management.
Market and Supplier Analysis
Identifying new global procurement markets with significant savings potential.
Conducting detailed market analyses, benchmarks, and comparative cost calculations.
Applying international Best‑Cost‑Country sourcing strategies.
Evaluating and selecting suitable suppliers based on price, quality, delivery performance, and sustainability.
Technical Expertise & Cost Analysis
Analyzing product specifications, manufacturing technologies, and material costs.
Preparing Should‑Cost analyses and TCO models.
Identifying technical optimization and Design‑to‑Cost opportunities in collaboration with Engineering.
Process Optimization & Continuous Improvement
Supporting the analysis and improvement of procurement processes to increase efficiency and cost transparency.
Defining and implementing standards for cost‑out methodology, reporting, and KPIs.
International Collaboration
Close cooperation with global procurement organizations, technical teams, and international plants.
Managing global cost‑out programs across multiple regions.
Sharing best practices and scaling successful initiatives to additional sites.
Basic Requirements:
Applicants must be authorized to work for any employer in the U.S without sponsorship. We are unable to sponsor or take over sponsorship of an employment Visa at this time
Bachelor's degree in industrial engineering, Mechanical Engineering, Business Administration, Supply Chain Management, or a related field plus 5 years of experience in Procurement, Cost‑Out Management, Value Engineering, or technical project management or 9 years of experience in Procurement, Cost‑Out Management, Value Engineering, or technical project management
Several years of experience in Procurement, Cost‑Out Management, Value Engineering, or technical project management.
Willingness to travel internationally.
Rollsroyce · Mankato