Honda Motors

Cost Innovation Project Team Lead

Honda Motors$90K — $120K *
Manufacturing & Automotive
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree plus 8 years of relevant experience, or Associate's degree with 10+ years of related experience.
  • 3-5 years of development experience preferred.
  • Knowledge of development procedures.
  • Familiarity with SEDB functions (Sales, Manufacturing, R&D, Purchasing).
  • Strong drawing and layout skills, including understanding CAE principles.
  • Excellent planning, scheduling, and multitasking abilities.
  • Strong communication and interpersonal skills, with the ability to influence and motivate teams.

Responsibilities

  • Lead cost reduction activities for various product lines.
  • Plan, execute, and track cost innovation initiatives.
  • Conduct preliminary cost planning for new models to enhance value.
  • Manage a centralized database of cost reduction ideas.
  • Integrate cost reduction ideas into mass production through design changes.
  • Optimize manufacturing processes with suppliers and in-house teams.
  • Develop procurement strategies and foster new supplier relationships.

Benefits

  • Competitive base salary with variability based on location and experience.
  • Regional bonus eligibility when applicable.
  • No-cost manager lease car program, including maintenance and insurance.
  • Comprehensive benefit plans covering medical, dental, vision, and prescription.
  • Paid vacation and holidays, with additional shutdown time off.
  • Company-paid short-term and long-term disability coverage.
  • 401K plan with company match and additional contributions available.
  • Relocation assistance for eligible candidates.
Full Job Description
Job Purpose

The Cost Innovation (CI) project lead is responsible for Cost Reduction(CR) activities for SxS/ATV/PE/L&G products. Implement various CR activities in collaboration with purchasing, production, and GO, and work with the new model development team to achieve business cost targets. Furthermore, as a leader, support organizational management and maximize results.

Key Accountabilities

  • Leads cost innovation activities described below and support organizational management as a leader. Planning, Execution, Tracking of CI initiatives through implementation.
  • New Model Development: Preliminary Cost Planning
    Based on the current model costs, proceed with cost planning that includes increasing the added value costs of the new model and defining the CR target.
  • Centralized management of CR ideas in a database
    Utilize Honda's global CR database to manage CR ideas at AH and advance their application to new models.
  • Promoting CR in mass production design changes
    By integrating readily applicable CR ideas with DEB and applying them to mass production, costs can be reduced.
  • Optimizing manufacturing processes in collaboration with suppliers
    Understand the supplier's manufacturing process and optimize the manufacturing process by modifying drawings to make them easier to produce.
  • Improvement of in-house manufacturing processes
    Understand the manufacturing process for in-house parts and optimize the design drawings.
  • Development of new suppliers
    Collaborate on purchasing and develop new suppliers.
  • Formulation of a parts strategy
    Develop procurement strategies and component strategies that incorporate specification evolution. Roadmaps, CI opportunities and communication to support decision making


Qualifications, Experience, and Skills

Minimum Educational Qualifications:
  • Bachelors degree with 8 years of applied work experience.
  • Associates and 10+ years of related work experience may be substituted.


Minimum Experience:
  • Should have 3-5 years development experience.


Other Job-Specific Skills:
  • Understanding of development procedure.
  • Understanding of SEDB (Sales, Manufacturing, R&D, Purchasing) functions.
  • Competent drawing and layout skills/techniques, include understanding of CAE principles.
  • Competent in creating a plan and schedule.
  • Excellent multi-tasking, prioritizing, and decision-making skills.
  • Ability to positively influence & motivate team members.
  • Strong communication, presentation, and interpersonal skills.


Please Note: Sponsorship for employment visa status for these positions is unavailable. Applicants requiring sponsorship for employment visa status now or in the future (e.g., F-1 CPT/OPT, H-1B, TN, etc.) will not be considered.

Working Conditions

  • Majority of time is in office environment.
  • Physical: primarily deskwork, frequent keyboarding.
  • Overtime: 10-15 hours overtime per week possible based on project demands and responsibilities. Occasional weekend work.
  • Travel: As required depending on project demand, typically less than 25%


What differentiates Honda and makes us an employer of choice?

Total Rewards:
  • Competitive Base Salary (pay will be based on several variables that include, but not limited to geographic location, work experience, etc.)
  • Regional Bonus (when applicable)
  • Manager Lease Car Program (No Cost - Car, Maintenance, and Insurance included)
  • Industry-leading Benefit Plans (Medical, Dental, Vision, Rx)
  • Paid time off, including vacation, holidays, shutdown
  • Company Paid Short-Term and Long-Term Disability
  • 401K Plan with company match + additional contribution
  • Relocation assistance (if eligible)

Career Growth:
  • Advancement Opportunities
  • Career Mobility
  • Education Reimbursement for Continued learning
  • Training and Development Programs

Additional Offerings:
  • Lifestyle Account
  • Childcare Reimbursement Account
  • Elder Care Support
  • Tuition Assistance & Student Loan Repayment
  • Wellbeing Program
  • Community Service and Engagement Programs
  • Product Programs

About Honda Motors

Honda Motors is a leading manufacturer of automobiles, motorcycles, and power equipment. The company was founded in 1948 by Soichiro Honda and has since grown to become one of the largest automotive companies in the world. Honda Motors is known for its innovative designs and commitment to sustainability, with a focus on developing environmentally friendly vehicles. The company operates in over 30 countries and has a strong presence in the United States, Japan, and Europe.
Learn more about Honda Motors
Size
204,035 employees
Market Cap
$41.8 billion
Industry
Net Income
$414.5 billion
Founded
1948
5 Year Trend
+0.8%
Revenue
$13,004.8 billion
NASDAQ

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