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Cost Improvement Manager
2 months ago
Position:
Cost Improvement Process (CIP) Manager
At Nexteer, we don’t believe in “one-size-fits-all”. 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 pioneers 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 over 60 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 Manager to join our team and lead our efforts to optimize material costs across our organization.
Key Responsibilities
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-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
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-5 years minimum experience in materials management, direct material procurement, or supply chain with a focus on cost reduction preferably in automotive industry.
-Technical understanding and experience with Electrical and Electromechanical products.
-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
Bachelor's degree in business, engineering, supply chain management, or related field.
Nexteer is an Equal Opportunity Employer
Disabled/Minorities/Veterans/Women
VEVRAA Federal Contractor
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 # 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 leading motion control technology company accelerating mobility to be safe, green and exciting. Our innovative product and technology portfolio includes electric and hydraulic power steering systems, steer-by-wire systems, steering columns and intermediate shafts, driveline systems and software solutions. The company solves motion control challenges across all megatrends – including electrification, software/connectivity, ADAS/automated driving and shared mobility – for more than 60 customers around the world including BMW, Ford, GM, RNM, Stellantis, Toyota and VW, as well as automakers in India and China including BYD, Chery, Great Wall, Geely, Xpeng and others. Learn more at:
nexteer
