Cost Reduction Engineer

Cost Reduction Engineer

Full-Time 39000 - 45000 Β£ / year (est.) No home office possible
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At a Glance

  • Tasks: Lead cost reduction projects and collaborate with engineering and supply chain teams.
  • Company: Highly respected engineering manufacturer with a strong retention rate.
  • Benefits: Competitive salary, bonus, private medical cover, and enhanced holiday allowance.
  • Why this job: Make a real impact on product costs and manufacturing processes.
  • Qualifications: Experience in engineering with a focus on cost reduction and supplier collaboration.
  • Other info: Enjoy autonomy in a dynamic role with excellent career stability.

The predicted salary is between 39000 - 45000 Β£ per year.

A highly respected engineering manufacturer in Leamington Spa is recruiting a Cost Reduction Engineer to take ownership of value engineering and cost-down projects across engineered components and assemblies. This is a standalone role and suits someone who is naturally commercial, technically strong, and confident challenging engineering decisions to remove cost through smarter design, specification and manufacturing routes.

The role involves operating as a key link between Engineering and Supply Chain, running cost reduction projects end-to-end and helping the business unlock savings through value engineering and manufacturing improvements.

Key responsibilities include:

  • Identifying cost take-out opportunities across engineered components (machining, fabrication, assemblies, metalwork etc.)
  • Challenging engineering designs, tolerances, specifications and manufacturing routes to improve value
  • Supporting engineering change activity with a cost reduction focus
  • Working with suppliers to understand capability, manufacturing methods and cost drivers
  • Running supplier RFQs, benchmarking, and supplier discussions to support technical and commercial decisions
  • Taking ownership of cost-down projects from concept through to implementation
  • Presenting savings opportunities and working collaboratively to drive acceptance and change

What you'll need to be considered:

This role requires engineering credibility first, with commercial understanding alongside it. You should have experience in one of the following areas:

  • Manufacturing / Production / Industrial Engineering
  • NPI Engineering / Project Engineering (with supplier involvement)
  • Tooling / Process Development Engineering
  • Value Engineering / Cost Engineering / VAVE activity
  • Engineering-oriented Commodity / Category Buying (selectively)

You’ll ideally have:

  • Strong understanding of manufacturing processes and cost drivers
  • Confidence reading engineering drawings and BOMs
  • Proven examples of cost reduction through design, process, material or supplier change
  • Supplier-facing experience and the ability to challenge cost drivers constructively
  • A pragmatic, hands-on approach and confidence to challenge other engineers

Engineering qualifications are advantageous, but practical engineering knowledge and confidence in technical conversations is more important.

Why join?

  • Standalone role with real autonomy and visibility
  • High stability employer with excellent workforce retention
  • Genuine opportunity to influence product cost and manufacturing approach
  • Early Friday finish every week
  • Bonus + private medical + enhanced holiday allowance

If you're looking for a role where you can combine engineering thinking with commercial impact and value engineering, apply today.

Cost Reduction Engineer employer: Brellis Recruitment

Join a highly respected engineering manufacturer in Leamington Spa, where you will enjoy a standalone role as a Cost Reduction Engineer with real autonomy and visibility. The company boasts an exceptional work culture with high employee retention, offering generous benefits such as a competitive salary, a 10% bonus, private medical cover, and an enhanced holiday allowance, all while providing meaningful opportunities for professional growth and the chance to make a significant impact on product cost and manufacturing processes.
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Contact Detail:

Brellis Recruitment Recruiting Team

StudySmarter Expert Advice 🀫

We think this is how you could land Cost Reduction Engineer

✨Tip Number 1

Network like a pro! Reach out to people in the industry, attend events, and connect on LinkedIn. You never know who might have the inside scoop on job openings or can put in a good word for you.

✨Tip Number 2

Prepare for interviews by practising common questions and scenarios related to cost reduction and value engineering. We recommend doing mock interviews with friends or using online resources to boost your confidence.

✨Tip Number 3

Showcase your problem-solving skills! During interviews, be ready to discuss specific examples where you've successfully challenged designs or improved processes. This will demonstrate your hands-on approach and engineering credibility.

✨Tip Number 4

Don't forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, we love seeing candidates who are proactive about their job search.

We think you need these skills to ace Cost Reduction Engineer

Value Engineering
Cost Reduction
Engineering Design Challenge
Manufacturing Processes
Supplier Collaboration
Cost Drivers Analysis
Project Management
Engineering Drawings Interpretation
BOM Analysis
NPI Engineering
Process Development Engineering
Supplier RFQs Management
Pragmatic Problem-Solving
Commercial Understanding
Hands-on Engineering Approach

Some tips for your application 🫑

Tailor Your CV: Make sure your CV speaks directly to the Cost Reduction Engineer role. Highlight your engineering experience, especially in value engineering and cost reduction projects. We want to see how your skills align with our needs!

Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're the perfect fit for this standalone role. Share specific examples of how you've successfully challenged engineering decisions to drive cost savings.

Showcase Your Problem-Solving Skills: In your application, don’t just list your qualificationsβ€”tell us about the challenges you've faced and how you tackled them. We love candidates who can demonstrate their practical commercial impact through real-world examples.

Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you’re considered for this exciting opportunity. Don’t miss out on the chance to join our team!

How to prepare for a job interview at Brellis Recruitment

✨Know Your Engineering Stuff

Make sure you brush up on your engineering principles, especially around manufacturing processes and cost drivers. Be ready to discuss how you've successfully challenged designs or specifications in the past to achieve cost reductions.

✨Show Off Your Commercial Savvy

This role is all about balancing technical skills with commercial understanding. Prepare examples of how you've worked with suppliers or made decisions that positively impacted costs. Highlight your ability to communicate effectively with both engineering and supply chain teams.

✨Prepare for Problem-Solving Questions

Expect to face scenario-based questions where you'll need to demonstrate your problem-solving skills. Think of specific instances where you identified cost take-out opportunities and how you approached them. Use the STAR method (Situation, Task, Action, Result) to structure your answers.

✨Be Ready to Discuss Collaboration

Since this role involves working closely with suppliers and other engineers, be prepared to talk about your experience in collaborative projects. Share how you've built relationships with suppliers and how those interactions led to successful cost reduction initiatives.

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