Level

Rolls-Royce

Sr. Project Manager - Cost out Procurement

AI in this role

Lead global and regional cost-out procurement projects to identify, analyze, and realize sustainable cost-reduction potential.

procurementcost-reductionproject-managementsupply-chainsupplier-negotiation


Job Description

Title: Sr. Project Manager – Cost Out Procurement

Pioneer the next generation of innovation. Join us and you’ll develop your skills and expertise to the very highest levels, working in an international environment for a company known the world over for its brilliance.

Position Summary:

The Project Manager Cost Out Procurement is responsible for planning, steering, and implementing global and regional cost‑out projects within Procurement. The objective of this role is the systematic identification, analysis, and realization of sustainable cost‑reduction potential across the entire supply chain. Through in‑depth market analyses, technical product evaluations, supplier base optimization, and effective negotiations, the position holder makes a significant contribution to the company’s profitability and competitiveness.

Key Accountabilities:

Project Management for Cost‑Out Initiatives

  • Planning, leading, and monitoring cost‑out projects.
  • Developing project plans, milestones, resource requirements, and savings targets.
  • Managing cross‑functional teams (Engineering, Quality, Logistics, Finance, Production).
  • Ensuring on‑time execution, reporting, and risk management.

Market and Supplier Analysis

  • Identifying new global procurement markets with significant savings potential.
  • Conducting detailed market analyses, benchmarks, and comparative cost calculations.
  • Applying international Best‑Cost‑Country sourcing strategies.
  • Evaluating and selecting suitable suppliers based on price, quality, delivery performance, and sustainability.

Technical Expertise & Cost Analysis

  • Analyzing product specifications, manufacturing technologies, and material costs.
  • Preparing Should‑Cost analyses and TCO models.
  • Identifying technical optimization and Design‑to‑Cost opportunities in collaboration with Engineering.

Process Optimization & Continuous Improvement

  • Supporting the analysis and improvement of procurement processes to increase efficiency and cost transparency.
  • Defining and implementing standards for cost‑out methodology, reporting, and KPIs.

International Collaboration

  • Close cooperation with global procurement organizations, technical teams, and international plants.
  • Managing global cost‑out programs across multiple regions.
  • Sharing best practices and scaling successful initiatives to additional sites.

Basic Requirements: 

  • Applicants must be authorized to work for any employer in the U.S without sponsorship. We are unable to sponsor or take over sponsorship of an employment Visa at this time
  • Bachelor’s degree in industrial engineering, Mechanical Engineering, Business Administration, Supply Chain Management, or a related field plus 5 years of experience in Procurement, Cost‑Out Management, Value Engineering, or technical project management or 9 years of experience in Procurement, Cost‑Out Management, Value Engineering, or technical project management
  • Several years of experience in Procurement, Cost‑Out Management, Value Engineering, or technical project management.
  • Willingness to travel internationally.                         

Preferred Qualifications:

  • Manufacturing and Power generation experience preferred.
  • Strong technical understanding of manufacturing processes, materials, and product‑related cost structures.
  • Excellent analytical skills, including Should‑Cost analysis, cost modeling, TCO assessments, and data analysis.
  • Experience in international project management and cross‑functional collaboration.
  • Strong negotiation skills and confident communication with suppliers and internal stakeholders.
  • Structured, proactive working style with high autonomy and solution orientation.
  • Very good English and German language skills.
  • High level of initiative and a proactive mindset.

Rolls-Royce is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to any protected characteristics.

At Rolls-Royce, we are committed to creating a workplace where all employees feel respected, supported, and empowered to do their best work. We foster a welcoming and innovative work environment that invests in you, giving you access to an incredible breadth and depth of opportunities where you can grow your career and make a difference. 


Job Posting Date

31 Aug 2026; 00:08

Pay Range

Pay ranges for remote employees are based on the state where the employee resides and may vary from the posted range.


$84,351 - $137,071-Annually


Location:

Mankato, MN

Benefits

Rolls-Royce provides a comprehensive and competitive Total Rewards package that includes base pay and a discretionary bonus plan. Eligible employees may have the opportunity to enroll in other benefits, including health, dental, vision, disability, life and accidental death & dismemberment insurance; a flexible spending account; a health savings account; a 401(k) retirement savings plan with a company match; Employee Assistance Program; Paid Time Off; certain paid holidays; paid parental and family care leave; tuition reimbursement; and a long-term incentive plan. The options available to an employee may vary depending on eligibility factors such as date of hire, and employment type.

The Business Unit Power Systems of Rolls-Royce provides world-class power solutions and complete life-cycle support under our product and solution brand mtu. Through digitalization and electrification, we strive to develop drive and power generation solutions that are even cleaner and smarter and thus provide answers to the challenges posed by the rapidly growing societal demands for energy and mobility.
 

We deliver and service comprehensive, powerful and reliable systems, based on both gas and diesel engines, as well as electrified hybrid systems. These clean and technologically-advanced solutions serve our customers in the marine and infrastructure sectors worldwide.

How we rate this

Sr. Project Manager - Cost out Procurement at Rolls-Royce rates 0 out of 100 for how much of the daily work is AI. That makes it Little AI (AI Level 1 of 4). The level is about AI in the job, not seniority.

Classification

Little AI. AI is not part of the work.

  1. ●●●● Builds AI80 to 100
  2. ●●●○ Works on AI60 to 79
  3. ●●○○ Uses AI40 to 59
  4. ●○○○ Little AI0 to 39

Levels come from how often the tools, models and workflows of the role are named in the posting itself. Open the description and count.

Prepare for this job

A free preview built only from this posting: what it asks for, what you could be asked in an interview, and how to adjust your resume.

Skills and AI tools this role asks for

ProcurementCost ReductionProject ManagementSupply ChainSupplier Negotiation

Questions you could be asked

  1. Tell me about a project where procurement was part of your work. What did you do?
  2. Tell me about a project where cost reduction was part of your work. What did you do?
  3. Tell me about a project where project management was part of your work. What did you do?
  4. Tell me about a project where supply chain was part of your work. What did you do?
  5. Tell me about a project where supplier negotiation was part of your work. What did you do?

Adapt your resume

  • List these exact terms on your resume: Procurement, Cost Reduction, Project Management, Supply Chain, and Supplier Negotiation. An applicant tracking system matches the wording, not the idea.
  • Attach one line of real, concrete experience to at least one of them — a tool named with nothing behind it rarely survives a human read.

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