Parts Development Cost Management Specialist

Hyundai Motor Company•Ellabell, GA

About The Position

The Parts Development Cost Management Specialist is part of the Cost Management team at Hyundai Motor Group Metaplant America (HMGMA) and reports to the Sr. Manager of Cost Management, Parts Development. The role supports Cost Optimization (CO) and Value Analysis/Value Engineering (VA/VE) activities across Procurement, Engineering, and supplier organizations. It coordinates cost reduction initiatives, workshops, savings tracking, reporting, and analysis to help identify and implement cost-saving opportunities that improve profitability and operational performance. The position works with internal stakeholders and suppliers to track cost reduction opportunities, milestones, projected and realized savings, and annual targets. It supports VA/VE proposal evaluation and implementation while maintaining quality and performance requirements, and participates in benchmarking, teardown, and cost analysis activities. The specialist plans and coordinates internal and supplier workshops, facilitates follow-up actions, and documents outcomes. The role prepares recurring management reports, dashboards, scorecards, and presentations using Excel, SAP, and other systems. It collaborates with Procurement, Engineering, Production, Quality, Finance, and suppliers, and supports localization, sourcing optimization, and continuous improvement initiatives. Domestic or international travel may be required. The position is primarily office-based, with occasional workshop or event setup responsibilities and possible work in production areas.

Requirements

  • Strong analytical, organizational, and project management skills, including the ability to coordinate activities, track action items, and drive projects to completion.
  • Advanced proficiency with Microsoft Excel and proficiency with Microsoft Office applications.
  • Excellent communication and presentation skills and the ability to work effectively across cross-functional teams.
  • Ability to manage multiple priorities and meet deadlines in a fast-paced environment.
  • Strong attention to detail and commitment to data accuracy.
  • Openness to multicultural work environments and different cultural values.
  • Willingness to learn, adapt, and grow within a dynamic team setting.
  • Flexibility to support occasional weekend, holiday, or off-shift events and business activities as needed.
  • Strong command of written and spoken English.
  • Consistent and punctual attendance and ability to collaborate effectively in a team-oriented environment.
  • Primarily sedentary office work requiring extended periods at a desk and computer.
  • Ability to occasionally lift office supplies up to 15 pounds and event, workshop, or presentation materials up to 25 pounds.
  • Ability to sit, stand, and walk in an office environment, and occasionally stand, walk, bend, and assist with workshop and event setup.
  • When working in a production area, ability to stand, walk, bend, and reach for extended durations; repeatedly lift, carry, push, or pull materials up to 25–30 pounds; and meet the listed production-area physical and safety demands.

Nice To Haves

  • Bachelor's degree in Business Management, Supply Chain Management, Engineering, Finance, Accounting, Project Management, or a related field from an accredited university (preferred).
  • 1–3 years of relevant experience in Procurement, Supply Chain, Engineering, Manufacturing, Business Analytics, Project Coordination, or related functions (preferred).
  • Experience with SAP, SharePoint, or other business systems (preferred).
  • Experience facilitating meetings, workshops, events, or project activities (preferred).

Responsibilities

  • Coordinate and track cost reduction opportunities across Procurement teams and suppliers.
  • Maintain cost optimization project status, implementation milestones, and savings results.
  • Validate and report projected and realized savings.
  • Support annual cost reduction targets and business planning activities.
  • Analyze spending and cost trends to identify improvement opportunities.
  • Collect, track, and report VA/VE proposals from buyers, engineers, and suppliers.
  • Support evaluation and implementation of cost-saving ideas while maintaining quality and performance requirements.
  • Participate in benchmarking, teardown, and cost analysis activities.
  • Track VA/VE implementation status and savings achievement.
  • Plan and coordinate internal and supplier Cost Optimization and VA/VE workshops, including scheduling, logistics, materials preparation, and onsite support.
  • Facilitate workshop follow-up actions and track implementation progress.
  • Support cross-functional collaboration to identify and execute cost-saving opportunities.
  • Document workshop outcomes and communicate results to stakeholders.
  • Prepare weekly, monthly, and quarterly cost optimization reports for management.
  • Develop dashboards, scorecards, and presentations to communicate cost performance.
  • Use Excel, SAP, and other systems to analyze and report results.
  • Provide visibility to risks, opportunities, and achievement against targets.
  • Collaborate with Procurement, Engineering, Production, Quality, Finance, and suppliers.
  • Support localization and sourcing optimization initiatives.
  • Coordinate implementation activities and communicate progress across stakeholders.
  • Support continuous improvement initiatives and other departmental objectives as assigned.

Benefits

  • Opportunities for growth and work flexibility.
  • Competitive pay.
  • Medical, vision, and dental insurance.
  • Paid holidays.
  • Paid time off.
  • Competitive 401(k) plan.
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