Project Manager Cost Out - Procurement

About the role

As a Project Manager Cost-Out - Procurement, you will lead cost-out initiatives, manage cross-functional teams, conduct market and supplier analysis, and apply technical expertise and cost analysis.

Responsibilities

• 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).
• 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.
• Analyzing product specifications, manufacturing technologies, and material costs.
• Preparing Should-Cost analyses and Total Cost of Ownership (TCO) models.
• Identifying technical optimization and Design-to-Cost opportunities in collaboration with Engineering.

Requirements

• Degree in Industrial Engineering, Mechanical Engineering, Business Administration, Supply Chain Management, or a related field.
• Willingness to travel internationally.

Preferred Requirements

• Several years of experience in Procurement, Cost-Out Management, Value Engineering, or technical project management.
• Strong technical understanding of manufacturing processes, materials, and product-related cost structures.
• Excellent analytical skills, including Should-Cost analysis, cost modeling, TCO assessments, and data analysis.
• Experience in international project management and cross-functional collaboration.
• Very good English skills (German language skills are a plus).

Benefits

• Comprehensive and competitive Total Rewards package including base pay, discretionary bonus plan, health, dental, vision, disability, life, and accidental death & dismemberment insurance.
• Flexible Spending Account (FSA), Health Savings Account (HSA), 401(k) retirement savings plan with a company match.
• Employee Assistance Program (EAP), Paid Time Off, certain paid holidays, paid parental and family care leave, tuition reimbursement, and a long-term incentive plan.

Pay

$84,351 - $137,071 Annually

Schedule

Monday through Friday work schedule