Sr. Project Manager - Cost 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.

• 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.

• 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.

• 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.

• 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.

• 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.

• 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.