Cost Driver & Project Manager

Project Manager: Strategic Sourcing - Cost Optimization

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.
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.
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
Develop and execute cost roadmaps aligned with business targets
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

Engineering (design changes, material alternatives)
Finance (validation of savings, forecasting impacts)
Supplier Quality Engineering (quality and standards requirements)
Supply Chain (alignment, supplier communications, ERP updates)
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

What your background should look like

5+ years of experience in

Cost reduction / cost engineering / sourcing / operations
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

Values: Integrity, Accountability, Inclusion, Innovation, Teamwork
TE Connectivity plc (NYSE: TEL) is a global industrial technology leader creating a safer, sustainable, productive, and connected future. As a trusted innovation partner, our broad range of connectivity and sensor solutions enable the distribution of power, signal and data to advance next-generation transportation, energy networks, automated factories, data centers enabling artificial intelligence, and more.
Our more than 90,000 employees, including 10,000 engineers, work alongside customers in approximately 130 countries. In a world that is racing ahead, TE ensures that EVERY CONNECTION COUNTS. Learn more at and on , , and
We are pleased to offer you an exciting total package that can also be flexibly adapted to changing life situations - the well-being of our employees is our top priority!
Competitive Salary Package Performance-Based Bonus Plans Health and Wellness Incentives Employee Stock Purchase Program Community Outreach Programs / Charity Events Employee Resource Group
IMPORTANT NOTICE REGARDING RECRUITMENT FRAUD TE Connectivity has become aware of fraudulent recruitment activities being conducted by individuals or organizations falsely claiming to represent TE Connectivity. Please be advised that TE Connectivity never requests payment or fees from job applicants at any stage of the recruitment process. All legitimate job openings are posted exclusively on our official careers website at te.com/careers, and all email communications from our recruitment team will come only from email addresses ending in @te.com. If you receive any suspicious communications, we strongly advise you not to engage or provide any personal information, and to report the incident to your local authorities.
Across our global sites and business units, we put together packages of benefits that are either supported by TE itself or provided by external service providers. In principle, the benefits offered can vary from site to site.

TE Connectivity does not accept unsolicited assistance from third parties for employment opportunities. All CVs/resumes submitted to any TE employee by a third party without a valid written search agreement for that specific position will not be entitled to any form of compensation and such submission shall be deemed the sole property of TE. No fee will be paid in the event an individual is hired by TE regardless of any third party submission where no pre-existing written search agreement is in place. If an agency agreement is in place, submissions are position specific. General submissions not targeted at a specific employment opportunity will not be entitled to any form of compensation. Please, no phone calls or emails. © 2023 TE Connectivity Corporation. All Rights Reserved.