What are the responsibilities and job description for the Costing Reduction Consultant position at Tata Technologies?
Dearborn, MI (80%)
Auburn Hills (20%)
Position Summary
The Cost Reduction Ideation Specialist is responsible for generating, evaluating, and implementing innovative cost-saving ideas across product design, materials, manufacturing processes, and supply chains. This role requires a strong background in engineering and a passion for creative problem-solving. The ideal candidate will use methodologies and tools to drive measurable value for clients by identifying cost reduction opportunities without compromising quality or performance.
Key Responsibilities
- Facilitate ideation sessions with cross-functional teams to identify cost reduction opportunities in client products or systems.
- Generate actionable ideas focused on design simplification, material substitution, manufacturing optimization, supply chain consolidation, and value engineering.
- Leverage teardown and benchmarking data to inspire new design and cost-saving concepts.
- Collaborate with cost analysts, design engineers, and manufacturing experts to validate feasibility and potential impact of ideas.
- Prepare and present detailed cost savings proposals and technical justifications to both internal stakeholders and clients.
- Contribute to the development of client reports, including clear visuals, data summaries, and narrative descriptions of cost-saving ideas.
- Maintain deep knowledge of material trends, manufacturing processes, and emerging technologies to fuel innovation.
- Support client workshops and on-site assessments as needed.
Qualifications
- Bachelor’s degree in Mechanical Engineering, Industrial Engineering, Manufacturing Engineering, or a related field.
- Minimum 5 years of experience in product development, value engineering, or manufacturing optimization.
- Proven ability to generate and articulate innovative ideas focused on cost reduction.
- Strong working knowledge of product design principles, manufacturing processes, and materials.
- Experience collaborating with cross-functional teams and interfacing directly with clients in one-on-one or workshop environments.
- Excellent communication skills, both verbal and written.
- Proficiency in Microsoft Office Suite; familiarity with CAD and cost estimation tools is a plus.
Preferred:
- Prior experience conducting teardowns or working with benchmarking data.
- Exposure to Lean Design®, DFMA, VA/VE methodologies, or similar tools.
- Background in automotive, aerospace, or high-volume manufacturing industries.
Competencies
- Creative Thinking & Innovation
- Analytical and Detail-Oriented
- Collaborative and Team-Oriented
- Strong Presentation and Visualization Skills
- Results-Driven with a Continuous Improvement Mindset
If you are passionate about bringing innovation to the projects, you work on then we would love to hear from you. We offer a complete benefits package, including; medical, dental, vision, life insurance, short- and long-term disability, FMLA and 401K.
Tata Technologies Inc. is an Equal Opportunity/ Affirmative Action employer. We provide equal employment opportunities to all qualified employees and applicants for employment without regard to race, religion, sex, age, marital status, national origin, sexual orientation, citizenship status, veteran status, disability, or any other legally protected status. We prohibit discrimination in decisions concerning recruitment, hiring, compensation, benefits, training, termination, promotions, or any other condition of employment or career development.
Tata Technologies: Engineering a better world.
Tata Technologies would like to thank all applicants for their interest, each application will be reviewed against the set criteria for the role. We would like to advise that only candidates under consideration will be contacted. If you do not hear from us within 10 working days following the closing date it will mean that unfortunately your application has not been successful. We will however retain your details for any suitable future opportunities.