Project Manager, Strategic Sourcing - Cost Optimization

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

Requirements:

• 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