Project Manager - Cost Procurement

Position: Project Manager - Cost out Procurement

Job Description

Title:
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 and 3 years of experience in Procurement, Cost-Out Management, Value Engineering, or technical project management, or 7 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.


Job Posting Date

08 Jun 2026; 00:06


Pay Range

$68,255 - $110,915-Annually

Location:

Mankato, MN

Benefits

Rolls-Royce provides a comprehensive and competitive Total Rewards package that includes base pay and a discretionary bonus plan. Eligible employees may have the opportunity to enroll in other benefits, including health, dental, vision, disability, life and accidental death & dismemberment insurance; a flexible spending account; a health savings account; a 401(k) retirement savings plan with a company match;
Employee Assistance Program;
Paid Time Off; certain paid holidays; paid parental and family care leave; tuition reimbursement; and a long-term incentive plan. The options available to an employee may vary depending on eligibility factors such as date of hire, and employment type.

The Business Unit Power Systems of Rolls-Royce…