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Cost Reduction Specialist

1 month ago

Coventry, Coventry, United Kingdom Polestar Full time
About the Role

We are seeking a highly skilled and experienced Cost Reduction Lead to join our Software Architecture & SaaS team at Polestar. As a key member of our team, you will be responsible for optimizing the cost structure of our current and future vehicle software architecture as well as our current and future SaaS within the software domain.

Key Responsibilities
  • Collaborate cross-functionally and cross-platform to identify cost-saving opportunities and implement cost reduction strategies within different areas of the Software domain and Polestar portfolio.
  • Collaborate with a matched pair in partner organizations to find shared opportunities that can be realized across different brands within the wider group.
  • Lead in monitoring, reporting, and taking action to ensure progress on projects within Software domain areas through internal meetings and matched pair partner meetings.
  • Oversee overall portfolio management, detailed risk assessments of initiatives, and lead escalations to the Product Cost Management (PCM) leadership team if deviations or support are needed.
  • Ensure quality and transparency through technical documentation in the PCM systems and tools according to the formal PCM process in Polestar.
Requirements
  • Bachelor's degree in Engineering, Finance, Supply Chain Management, or a related field. A Master's degree is a plus.
  • Proven experience in cost reduction, cost analysis, or a related role within the automotive or manufacturing industry.
  • Proven track record of automotive electrical system and architecture leading roles.
  • Comfortable with common concepts within automotive embedded development; ISO 21434, ISO 26262, SOTIF.
  • Familiarity with lean manufacturing principles and other cost reduction methodologies.
  • Proficiency in relevant software tools (e.g., MS Office Suite, JIRA, Confluence).
Why Polestar
  • Be part of a dynamic and innovative company at the forefront of the electric vehicle industry.
  • Collaborate with a talented and passionate team dedicated to sustainability and performance.
  • Opportunities for career growth and professional development.
  • Competitive compensation and benefits package.

Polestar is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees.