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Cost Optimization Lead

Job Description - Cost Optimization Lead

Diversified Services Network, Inc. (DSN) is seeking a full-time Cost Optimization Lead to join our team in Mossville, IL! We offer full benefits, PTO, 401k, and more! If you're looking to grow your technical career within an extremely reputable, stable Fortune 500 company - let's talk!

The Cost Lead is responsible for driving cost reduction initiatives across product groups within Resource Industries by leveraging strategic tools such as should-cost analysis, order quantity optimization, similar part analysis, and multi-source arbitrage. This role requires a highly analytical, detail-oriented, and collaborative professional who can translate complex data into actionable insights that support cost leadership and competitive advantage. The position also involves preparing clear, concise leadership summaries and executive-ready reports that highlight risks, savings opportunities, and key performance metrics.

JOB RESPONSIBILITIES:                       

  • Develop and maintain dashboards to monitor project and program health
  • Analyze data to identify trends, insights, and performance drivers
  • Present findings and recommendations using Excel, PowerPoint, and Power BI in executive-ready formats
  • Identify and drive cost reduction opportunities across product groups
  • Support and manage projects from initiation through execution
  • Optimize order quantities and assess sourcing strategies to improve efficiency
  • Collaborate cross-functionally to implement and track cost-saving initiatives

EDUCATION & EXPERIENCE REQUIRED:

  • Bachelors’ Degree in Engineering, Business Administration, Data Analytics or related field AND 8+years of experience OR
  • Masters’ Degree in Engineering, Business Administration or related field AND 5+ years of experience OR
  • Associates’ Degree in Engineering, Business Administration, Data Analytics or related field AND 10+ years of experience

REQUIRED SKILLS:

  • Strong data analytics skills with advanced proficiency in Excel (VLOOKUPs, XLOOKUPs, pivot tables, charts/graphs), PowerPoint, and Power BI
  • Ability to interpret part numbers and read technical drawings/prints
  • Effective communication skills with the ability to present findings and recommendations clearly to stakeholders
  • Demonstrated experience driving cost reduction initiatives
  • Experience with process improvement methodologies and continuous improvement practices
  • Proficiency in Microsoft Office Suite, including advanced Excel and Power BI

SOFT SKILLS REQUIRED:

  • Collaborative and data-driven mindset
  • Strong analytical and communication skills
  • 401(k)
  • Dental insurance
  • Vision Insurance
  • Disability insurance
  • Employee assistance program
  • Health insurance
  • Health savings account
  • Life insurance
  • Paid time off
  • Paid Holidays

Please follow the link to our website for a list of job openings in Engineering, IT, Project Management, and more! https://www.dsnworldwide.com

Salary Expectations: 93,000-99,000

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