Project Manager Cost Out - Procurement

About the role

This role is located in either Novi, MI or Aiken, SC and is full-time. It involves managing cost-out initiatives, conducting market and supplier analysis, and providing 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.
• 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).

Qualifications

• Willingness to travel internationally.

Skills

• Project Management
• Procurement
• Cost-Out Management
• Value Engineering
• Technical Project Management
• Market Analysis
• Technical Expertise
• Cost Analysis
• International Project Management
• Collaboration
• Technical Understanding
• Analytical Skills
• Should-Cost Analysis
• Cost Modeling
• Total Cost of Ownership (TCO)
• Data Analysis

Benefits

Rolls-Royce offers a comprehensive and competitive Total Rewards package that includes base pay and a discretionary bonus plan. Eligible employees may have the opportunity to enroll in various benefits such as health, dental, vision, disability, life, and accidental death & dismemberment insurance; a flexible spending account; a health savings account; a 401(k) retirement savings plan with a company match; Employee Assistance Program; Paid Time Off; certain paid holidays; paid parental and family care leave; tuition reimbursement; and a long-term incentive plan.