Project Manager, Strategic Sourcing - Cost Optimization

TE Connectivity; Hampton (VA); On-site; USD 93,000 - 116,000; Full time

Benefits offered by this job

Health insurance

401(k)

Disability insurance

Life insurance

Employee stock purchase plan

Paid time off

Voluntary benefits

Job summary

TE Connectivity is seeking a highly analytical Cost Driver & Project Manager to lead cost reduction initiatives across the region. You will partner with Engineering, Procurement, Manufacturing, Finance, Quality and Supply Chain teams to reduce product and operational costs without compromising quality.

The role requires 5+ years of experience in cost reduction or related fields, with a strong emphasis on data-driven decision making and ROI.

Qualifications

• 5+ years 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.

Responsibilities

• Identify, evaluate, and prioritize cost-down opportunities across products, materials, logistics, and processes.
• Lead cost reduction projects from ideation through implementation and tracking.
• Drive VE and DtC initiatives and develop cost roadmaps.
• Collaborate with procurement, engineering, manufacturing, finance, and supply chain to realize savings.

Skills

Cost reduction

Project management

Analytical skills

Cross-functional

Manufacturing experience

Tools

SAP

Cost modeling

Job description

At TE, you will unleash your potential working with people from diverse backgrounds and industries to create a safer, sustainable and more connected world.

Job Overview

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.

Key Responsibilities

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
• 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
  
  

Other Key Job Requirements

Project & Program Management

• 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
  
  

Cross-Functional Leadership

• 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
  

Cost Modeling & Analysis

• 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
  
  

Supplier & External Engagement

• Support supplier cost reduction initiatives and negotiations
• Evaluate alternative suppliers, materials, and technologies
• Drive cost transparency across the supply base
  
  

Qualifications & Experience

What your background should look like

Required

• 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
  

Preferred

• Lean, Six Sigma, or continuous improvement certification
• ERP (SAP) and cost modeling tools experience
• PMP certification or equivalent
  
  

#TANADC

Competencies

Values: Integrity, Accountability, Inclusion, Innovation, Teamwork

Compensation

• Competitive base salary commensurate with experience: $93,200 – $116,400 (subject to change dependent on physical location)
• Posted salary ranges are made in good faith. TE Connectivity reserves the right to adjust ranges depending on the experience/qualification of the selected candidate as well as internal and external equity.
• Total Compensation = Base Salary + Incentive(s) + Benefits
  
  

Benefits

• A comprehensive benefits package including health insurance, 401(k), disability, life insurance, employee stock purchase plan, paid time off and voluntary benefits.
  
  

EOE, Including Disability/Vets

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 actual 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.