Nexteer Automotive

Cost Improvement Manager - EPS Motors/Controllers/PHA's

Nexteer Automotive • $90K — $120K *
Saginaw, MI 48601In-Person
Manufacturing & Automotive
5 - 7 years of experience
1 month ago
Job Overview by Ladders

Qualifications

  • 5+ years in materials management or supply chain, focusing on cost reduction, ideally in automotive industry.
  • Technical expertise in Electrical and Electromechanical products.
  • Strong analytical and problem-solving skills for data-driven decisions.
  • Excellent communication and negotiation skills with stakeholders.
  • Project management experience, leading cross-functional teams effectively.
  • Willingness to travel up to 15%.
  • Bachelor's degree in Business, Engineering, Supply Chain Management or related field.

Responsibilities

  • Develop strategies for cost savings through material sourcing optimization.
  • Lead teams to identify cost reduction opportunities and negotiate supplier pricing.
  • Conduct VA/VE workshops with suppliers to generate and implement improvement ideas.
  • Collaborate with stakeholders to align on cost reduction goals and monitor progress.
  • Analyze material cost data and trends to drive actionable improvement plans.
  • Conduct market research to identify and develop new suppliers to enhance cost competitiveness.

Benefits

  • Collaborative work environment promoting cross-functional teamwork.
  • Opportunity to influence key cost-saving initiatives across the organization.
  • Engagement in workshops and continuous improvement best practices.
  • Focus on strategic supplier relationships and innovation in procurement.
  • Professional growth in a dynamic and industry-relevant field.
Full Job Description
Position: Cost Improvement Manager- EPS Motors/Controllers/PHA's

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

As the Cost Improvement Manager, you will be responsible to:
  • 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
  • 5+ years 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 fields

About Nexteer Automotive

Nexteer Automotive is a global automotive supplier that specializes in developing and manufacturing steering and driveline systems. The company was founded in 2009 and is headquartered in Saginaw, Michigan. Nexteer Automotive has a presence in over 50 countries and has partnerships with many of the world's leading automakers. The company's products include electric power steering systems, hydraulic power steering systems, and driveline systems. Nexteer Automotive is committed to sustainability and has implemented a number of initiatives to reduce its environmental impact, including the use of renewable energy sources and the reduction of waste and emissions.
Learn more about Nexteer Automotive
Size
11,900 employees
Industry
Manufacturing & Automotive
Founded
1906
NASDAQ
NTXVF
* Ladders Estimates

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