Project Manager, Strategic Sourcing - Cost Optimization

At TE, you will unleash your potential working with people from diverse backgrounds and industries to create a safer, sustainable and more connected world.

Job Overview

TE Connectivity is seeking a highly analytical and execution-focused Cost Driver & Project Manager to lead and deliver cost reduction initiatives across our the region you’re hired in. This role will identify, prioritize, and execute cross-functional cost optimization opportunities while driving measurable bottom-line impact.

You will partner with Engineering, Procurement, Manufacturing, Finance, Quality and Supply Chain teams to systematically reduce product and operational costs without compromising quality, delivery, or innovation.



Key Responsibilities

Cost Reduction Strategy & Execution

• Identify, evaluate, and prioritize cost-down opportunities across products, materials, logistics, and processes
• Lead structured cost reduction projects from ideation through implementation and tracking
• Drive Value Engineering (VE) and Design-to-Cost (DtC) initiatives
• Develop and execute cost roadmaps aligned with business targets
• Supply Resiliency projects that reduce escalations and improve operational efficiency

• Manage multiple cost optimization projects simultaneously, ensuring timelines, deliverables, and savings targets are achieved
• Comply with project governance, milestones, and reporting cadence
• Use data-driven methods to track cost savings and ROI
• Establish structured tracking mechanisms for all cost optimization initiatives
• Deliver regular updates (weekly/monthly) to management with clear insights and status

• Collaborate closely with:
• Procurement (supplier negotiations, resourcing)
• Engineering (design changes, material alternatives)
• Manufacturing (process improvements, automation)
• Finance (validation of savings, forecasting impacts)
• Supplier Quality Engineering (quality and standards requirements)
• Supply Chain (alignment, supplier communications, ERP updates)
• Customer (alignment, change management)
• Facilitate workshops or alignment meetings to drive consensus and progress
• Act as the central coordinator to ensure smooth communication and execution
• Influence stakeholders without direct authority to drive alignment and execution

• Build and maintain detailed cost models (BOM, conversion cost, logistics)
• Perform should-cost analysis and benchmarking
• Analyze cost drivers and identify key levers for optimization

• Support supplier cost reduction initiatives and negotiations
• Evaluate alternative suppliers, materials, and technologies
• Drive cost transparency across the supply base

• 5+ years of experience in:
• Cost reduction / cost engineering / sourcing / operations
• Project or program management
• Proven track record of delivering measurable cost savings
• Strong analytical and financial acumen
• Experience with cross-functional collaboration in a manufacturing environment

• Lean, Six Sigma, or continuous improvement certification
• ERP (SAP) and cost modeling tools experience
• PMP certification or equivalent

• Competitive base salary commensurate with experience: $93,200 – $116,400 (subject to change dependent on physical location)
• Posted salary ranges are made in good faith. TE Connectivity reserves the right to adjust ranges depending on the experience/qualification of the selected candidate as well as internal and external equity.
• Total Compensation = Base Salary + Incentive(s) + Benefits

• A comprehensive benefits package including health insurance, 401(k), disability,…