Parts Development Cost Management Specialist

JOB TITLE

Parts Development Cost Management Specialist

WHAT YOU WILL DO

This role is part of the Cost Management team at Hyundai Motor Group Metaplant America (HMGMA) and reports to the Sr. Manager of Cost Management, Parts Development. As a Parts Development Cost Management Specialist, you will support Cost Optimization (CO) and Value Analysis/Value Engineering (VA/VE) activities across Procurement, Engineering, and supplier organizations.

The position is responsible for coordinating cost reduction initiatives, facilitating workshops, tracking savings performance, and providing reporting and analysis to support business objectives. The successful candidate will work closely with internal stakeholders and suppliers to identify, develop, and implement cost-saving opportunities that improve profitability and operational performance.

Cost Optimization & Savings Tracking

• Coordinate and track cost reduction opportunities across Procurement teams and suppliers.
• Maintain cost optimization project status, implementation milestones, and savings results.
• Validate and report projected and realized savings.
• Support annual cost reduction targets and business planning activities.
• Analyze spending and cost trends to identify improvement opportunities.

VA/VE (Value Analysis / Value Engineering)

• Collect, track, and report VA/VE proposals from buyers, engineers, and suppliers.
• Support evaluation and implementation of cost-saving ideas while maintaining quality and performance requirements.
• Participate in benchmarking, teardown, and cost analysis activities.
• Track VA/VE implementation status and savings achievement.

Cost Optimization Workshops

• Plan and coordinate internal and supplier Cost Optimization and VA/VE workshops, including scheduling, logistics, materials preparation, and onsite support.
• Facilitate follow-up actions and track implementation progress.
• Support cross-functional collaboration to identify and execute cost-saving opportunities.
• Document workshop outcomes and communicate results to stakeholders.

Reporting & Analysis

• Prepare weekly, monthly, and quarterly cost optimization reports for management.
• Develop dashboards, scorecards, and presentations to communicate cost performance.
• Utilize Excel, SAP, and other systems to analyze and report results.
• Provide visibility to risks, opportunities, and achievement against targets.

Cross-Functional Coordination

• Collaborate with Procurement, Engineering, Production, Quality, Finance, and suppliers.
• Support localization and sourcing optimization initiatives.
• Coordinate implementation activities and communicate progress across stakeholders.
• Support continuous improvement initiatives and other departmental objectives as assigned.

HOW WILL YOU MAKE AN IMPACT

In this role, you will help drive HMGMA's cost competitiveness by supporting the identification, implementation, and tracking of cost-saving opportunities across vehicle programs and suppliers. Your work will provide visibility into cost reduction performance, support localization initiatives, and enable cross-functional teams to achieve business objectives through structured cost optimization and continuous improvement activities.

WHAT YOU WILL BRING TO THE ROLE

• Bachelor's degree in Business Management, Supply Chain Management, Engineering, Finance, Accounting, Project Management, or a related field from an accredited university. (Preferred)
• 1-3 years of relevant experience in Procurement, Supply Chain, Engineering, Manufacturing, Business Analytics, Project Coordination, or related functions preferred.
• Strong analytical, organizational, and project management skills with demonstrated ability to coordinate activities, track action items, and drive projects to completion.
• Proficiency with Microsoft Office applications, including advanced Excel capabilities required.
• Experience with SAP, SharePoint, or other business systems preferred.
• Excellent communication and presentation skills with the ability to work effectively across cross-functional teams.
• Experience facilitating meetings, workshops, events, or project activities preferred.
• Ability to manage multiple priorities and meet deadlines in a fast-paced environment.
• Strong attention to detail and commitment to data accuracy.
• Cultural Awareness: Openness to multicultural work environments and different cultural values.
• Adaptability & Learning Mindset: Willingness to learn, adapt, and grow within a dynamic team setting.
• Flexibility to support occasional weekend, holiday, or off-shift events and business activities as needed.

Physical Requirements

• This position is primarily office-based and requires extended periods of computer and desk work.
• Occasional lifting, carrying, and movement of event, workshop, or presentation materials up to 25 pounds may be required.
• Ability to stand, walk, bend, and assist with workshop and event setup activities on an occasional basis.

Travel

• Domestic/international travel may be required.

WHAT HYUNDAI CAN OFFER YOU

•    HMGMA offers opportunities for growth, work flexibility, competitive pay, and benefits.
•    HMGMA benefits include competitive Medical / Vision / Dental insurance, paid holidays, paid time off, and competitive 401k plan.
 

OTHER DETAILS

Language Proficiency:
Strong command of the English language (written and spoken) is essential for safety, communication, documentation, and collaboration across the organization.

Physical Demands
While in Office:
This position is primarily sedentary and requires working at a desk and computer for extended periods. Responsibilities may include:
•    Occasional lifting of office supplies (up to 15 pounds)
•    Frequent use of hands and fingers for typing and handling documents
•    Ability to sit, stand, and walk within the office environment as needed
When in Production Area (if applicable):
•    Standing, walking, bending, and reaching for extended durations
•    Repeated lifting, carrying, pushing, or pulling of materials and products (up to 25–30 pounds)
•    Manual dexterity for handling power tools, machinery, or production equipment
•    Working in environments that may be noisy, hot, or require the use of personal protective equipment (PPE)
•    Ability to climb ladders or stairs and operate equipment safely and effectively
•    Capability to learn and work on multiple production processes, as required
•    Adequate visual and auditory abilities to identify safety hazards and communicate clearly
•    Consistent and punctual attendance
•    Ability to collaborate and perform effectively in a team-oriented environment

•    FLSA Classification: Exempt/Salary
•    When submitting a resume for this position, I understand that this information may be used to create a registration with the Georgia Department of Labor on Employ Georgia

HMGMA is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to age, ancestry, color, family or medical care leave, gender identity or expression, genetic information, marital status, medical condition, national origin, physical or mental disability, political affiliation, protected veteran status, race, religion, sex (including pregnancy), sexual orientation, or any other characteristic protected by applicable laws, regulations, and ordinances.