Note: The job is a remote job and is open to candidates in USA. TE Connectivity is a global technology and manufacturing company creating safer, sustainable, and more connected products. The Project Manager will lead cross-functional cost reduction and optimization initiatives, including value engineering, supplier engagement, cost modeling, and tracking measurable savings across products and operations.
Responsibilities
- 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
Skills
- 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
Benefits
- A comprehensive benefits package including health insurance, 401(k), disability, life insurance, employee stock purchase plan, paid time off and voluntary benefits.
Company Overview
Company H1B Sponsorship