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. 

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

What your background should look like

Qualifications & Experience

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

#LI-REMOTE  

Competencies

ABOUT TE CONNECTIVITY

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 www.te.com and on LinkedIn, Facebook, WeChat, Instagram and X (formerly Twitter).

WHAT TE CONNECTIVITY OFFERS:
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 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.

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.