Strategic Cost Reduction Manager

1 day ago


Eden Prairie, Minnesota, United States Solventum Full time
Job Overview

Solventum is a pioneering company at the intersection of health, material, and data science, committed to creating breakthrough solutions for its customers' toughest challenges.

Responsibilities

We are seeking a skilled Supplier Excellence Engineer to drive the implementation of Value Analysis/Value Engineering (VAVE) initiatives, focusing on measurable cost reductions and enhanced product quality. Your role will involve collaborating closely with suppliers to evaluate alternative materials and manufacturing processes, managing change across the supply chain, and leveraging project management and process optimization skills to introduce innovative strategies for continuous improvement and enhance strategic supplier relationships.

Key Responsibilities
  • Drive VAVE initiatives: Collaborate with suppliers to identify opportunities for cost savings and implement process improvements.
  • Evaluate alternative materials and manufacturing processes: Work with suppliers to assess new technologies and techniques that can improve product quality and reduce costs.
  • Manage change across the supply chain: Coordinate with various stakeholders to ensure seamless implementation of changes and minimize disruptions.
Requirements

To succeed in this role, you will need:

  • Strong project management skills: Proven ability to lead projects from start to finish and manage cross-functional teams.
  • Experience with VAVE tools and processes: Familiarity with Value Analysis and Value Engineering methodologies and tools.
  • Excellent negotiation skills: Ability to effectively communicate with suppliers and negotiate mutually beneficial agreements.
What We Offer

Solventum offers a competitive salary and benefits package, including:

  • $120,000 - $150,000 per year: Salary range based on experience and qualifications.
  • Hybrid work arrangement: Option to work remotely or from our office in Maplewood, MN.
  • Relocation assistance: Support for moving expenses if needed.
About Solventum

Solventum is an equal opportunity employer committed to maintaining the highest standards of integrity and professionalism in our recruitment process. We value diversity and inclusion in the workplace and encourage applications from qualified candidates.


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