Cost Optimization Lead
About The Position
The Cost Lead is responsible for driving cost reduction initiatives across product groups within Resource Industries by leveraging strategic tools such as should-cost analysis, order quantity optimization, similar part analysis, and multi-source arbitrage. This role requires a highly analytical, detail-oriented, and collaborative professional who can translate complex data into actionable insights that support cost leadership and competitive advantage. The position also involves preparing clear, concise leadership summaries and executive-ready reports that highlight risks, savings opportunities, and key performance metrics.
Requirements
- Bachelors’ Degree in Engineering, Business Administration, Data Analytics or related field AND 8+years of experience OR Masters’ Degree in Engineering, Business Administration or related field AND 5+ years of experience OR Associates’ Degree in Engineering, Business Administration, Data Analytics or related field AND 10+ years of experience
- Strong data analytics skills with advanced proficiency in Excel (VLOOKUPs, XLOOKUPs, pivot tables, charts/graphs), PowerPoint, and Power BI
- Ability to interpret part numbers and read technical drawings/prints
- Effective communication skills with the ability to present findings and recommendations clearly to stakeholders
- Demonstrated experience driving cost reduction initiatives
- Experience with process improvement methodologies and continuous improvement practices
- Proficiency in Microsoft Office Suite, including advanced Excel and Power BI
- Collaborative and data-driven mindset
- Strong analytical and communication skills
Responsibilities
- Develop and maintain dashboards to monitor project and program health
- Analyze data to identify trends, insights, and performance drivers
- Present findings and recommendations using Excel, PowerPoint, and Power BI in executive-ready formats
- Identify and drive cost reduction opportunities across product groups
- Support and manage projects from initiation through execution
- Optimize order quantities and assess sourcing strategies to improve efficiency
- Collaborate cross-functionally to implement and track cost-saving initiatives
Benefits
- full benefits
- PTO
- 401k
- Dental insurance
- Vision Insurance
- Disability insurance
- Employee assistance program
- Health insurance
- Health savings account
- Life insurance
- Paid time off
- Paid Holidays
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What This Job Offers
Job Type
Full-time
Career Level
Senior
Number of Employees
11-50 employees
