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Sr. Project Manager - Cost Procurement

Job in Mankato, Blue Earth County, Minnesota, 56002, USA
Listing for: Rolls Royce
Full Time position
Listed on 2026-06-10
Job specializations:
  • Engineering
    Operations Manager, Manufacturing Engineer, Process Engineer, Quality Engineering
Job Description & How to Apply Below
Position: Sr. Project Manager - Cost out Procurement

Job Description


Title:
Sr. Project Manager - Cost Out Procurement


Pioneer the next generation of innovation. Join us and you'll develop your skills and expertise to the very highest levels, working in an international environment for a company known the world over for its brilliance.

Position Summary:

The Project Manager Cost Out Procurement is responsible for planning, steering, and implementing global and regional cost-out projects within Procurement. The objective of this role is the systematic identification, analysis, and realization of sustainable cost-reduction potential across the entire supply chain. Through in-depth market analyses, technical product evaluations, supplier base optimization, and effective negotiations, the position holder makes a significant contribution to the company's profitability and competitiveness.

Key Accountabilities:

Project Management for Cost-Out Initiatives
  • Planning, leading, and monitoring cost-out projects.
  • Developing project plans, milestones, resource requirements, and savings targets.
  • Managing cross-functional teams (Engineering, Quality, Logistics, Finance, Production).
  • Ensuring on-time execution, reporting, and risk management.
Market and Supplier Analysis
  • Identifying new global procurement markets with significant savings potential.
  • Conducting detailed market analyses, benchmarks, and comparative cost calculations.
  • Applying international Best-Cost-Country sourcing strategies.
  • Evaluating and selecting suitable suppliers based on price, quality, delivery performance, and sustainability.
Technical Expertise & Cost Analysis
  • Analyzing product specifications, manufacturing technologies, and material costs.
  • Preparing Should-Cost analyses and TCO models.
  • Identifying technical optimization and Design-to-Cost opportunities in collaboration with Engineering.
Process Optimization & Continuous Improvement
  • Supporting the analysis and improvement of procurement processes to increase efficiency and cost transparency.
  • Defining and implementing standards for cost-out methodology, reporting, and KPIs.
International Collaboration
  • Close cooperation with global procurement organizations, technical teams, and international plants.
  • Managing global cost-out programs across multiple regions.
  • Sharing best practices and scaling successful initiatives to additional sites.
Basic Requirements:
  • Applicants must be authorized to work for any employer in the U.S without sponsorship. We are unable to sponsor or take over sponsorship of an employment Visa at this time
  • Bachelor's degree in industrial engineering, Mechanical Engineering, Business Administration, Supply Chain Management, or a related field plus 5 years of experience in Procurement, Cost-Out Management, Value Engineering, or technical project management or 9 years of experience in Procurement, Cost-Out Management, Value Engineering, or technical project management
  • Several years of experience in Procurement, Cost-Out Management, Value Engineering, or technical project management.
  • Willingness to travel internationally.
Preferred Qualifications:
  • Manufacturing and Power generation experience preferred.
  • Strong technical understanding of manufacturing processes, materials, and product-related cost structures.
  • Excellent analytical skills, including Should-Cost analysis, cost modeling, TCO assessments, and data analysis.
  • Experience in international project management and cross-functional collaboration.
  • Strong negotiation skills and confident communication with suppliers and internal stakeholders.
  • Structured, proactive working style with high autonomy and solution orientation.
  • Very good English and German language skills.
  • High level of initiative and a proactive mindset.
Rolls-Royce is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to any protected characteristics.

At Rolls-Royce, we are committed to creating a workplace where all employees feel respected, supported, and empowered to do their best work. We foster a welcoming and innovative work environment that invests in you, giving you access to an incredible breadth and depth of opportunities where you can grow your career and make a difference.


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