Cost Improvement Process (CIP) Analyst (Saginaw)
Saginaw, MI, US
Are you a strategic thinker with a passion for driving cost savings and process improvements? We are looking for a Cost Improvement Process Analyst to join our team and lead our efforts to optimize material costs across our organization.
Key Responsibilities:
- 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:
- Bachelor's degree in business, engineering, supply chain management, or related field.
- 5+ years of relevant experience
- Proven experience in materials management, procurement, or supply chain with a focus on cost reduction.
- 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%
Equal Opportunity Employer Disabled/Minorities/Veterans/Women
VEVRAA Federal Contractor
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Accessibility for Applicants with Disabilities: If you need a reasonable accommodation for the online application process due to a disability please call 1-989-757-5000. Please provide your contact information and details about the posted position of interest. Only inquiries regarding assistance for those who need an accommodation with the online application process due to a disability will be returned.
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