Top 20 companies that use Cost Reduction

2. Intel

How Intel uses Cost Reduction:

• Led numerous taskforces for equipment and process development, cost reduction, yield improvement.
• Developed & led several cost reduction projects globally to reduce wafer production cost in order to meet factory cost reduction objectives.
• Coordinated outsourced development model to drive a $5 million cost reduction.

Most common skills for Intel:

• Linux
• Perl
• Debugging
• Windows
• RTL
• Python

3. Deloitte

Most common skills for Deloitte:

• Project Management
• Java
• Business Development
• Process Improvement
• Business Process
• Financial Statements

4. Marriott International

Most common skills for Marriott International:

• Marriott
• Guest Satisfaction
• Customer Service
• Front Desk
• Reservations
• Inbound Calls

5. Raytheon Technologies

How Raytheon Technologies uses Cost Reduction:

• Introduced new cable suppliers that resulted in overall program cost reductions of $500K.
• Managed $1.5M annual spend, negotiated with 25 top-tier suppliers for total cost reductions of $250K annual cost savings.
• Developed material cost reduction plans.

Most common skills for Raytheon Technologies:

• Sigma
• Earned Value Management
• RF
• Test Equipment
• Test Procedures
• Linux

6. Tesla

Most common skills for Tesla:

• Vessel Maintenance
• PPE
• Renewable Energy
• Troubleshoot
• Hand Tools
• Solar Power

7. Sysco

Most common skills for Sysco:

• Customer Orders
• Market Trends
• Customer Service
• Trade Shows
• Customer Accounts
• Business Process

8. Pwc

Most common skills for Pwc:

• Financial Statements
• Project Management
• Real Estate
• Sarbanes-Oxley
• Internal Controls
• ERP

9. Eaton

How Eaton uses Cost Reduction:

• Provide additional support on the released product, with regards to the cycle time and cost reduction activities.
• Educated supply base on lean manufacturing initiatives resulting in assisting the supply base with their cost reduction strategies.
• Achieved $100M+ cost reduction through several regional initiatives.

Most common skills for Eaton:

• Direct Reports
• Continuous Improvement
• ERP
• Sigma
• Product Development
• Product Line

10. Honeywell

How Honeywell uses Cost Reduction:

• Generate year over year cost reductions and work strategic personnel placements into Global and Low Cost markets where applicable.
• Supported Value Engineering and Integrated Cost Reduction teams to revise forging designs/materials for cost savings and manufacturing lead-time reductions.
• Identified cost reduction opportunities, developed technical production score cards to track manufacturing tests in order to identify failure modes.

Most common skills for Honeywell:

• Sigma
• Process Improvement
• ISO
• Corrective Action
• Continuous Improvement
• Management System

11. Allied Universal

Most common skills for Allied Universal:

• Incident Reports
• Patrol
• Safety Hazards
• CCTV
• Customer Service
• Emergency Situations

12. Alvarez & Marsal

Most common skills for Alvarez & Marsal:

• Medicaid
• Switches
• Unified Communications
• Notary
• External Vendors
• Direct Reports

13. Magna International

How Magna International uses Cost Reduction:

• Developed commodity cost models and implemented them with suppliers to achieve cost reduction objectives.

Most common skills for Magna International:

• Continuous Improvement
• HVAC
• Assembly Line
• FANUC
• Field Testing
• Desktop Support

14. Parker Hannifin

How Parker Hannifin uses Cost Reduction:

• Achieved $125K cost reduction by successful completion of automating testing procedure project.
• Achieved $2.3 million per year cost reduction through negotiation of long-term agreements with strategic suppliers.
• Participated in cross-functional teams to identify and initiate process improvement and cost reduction projects.

Most common skills for Parker Hannifin:

• CNC
• Lean Manufacturing
• ISO
• Continuous Improvement
• Product Specifications
• Product Development

15. Lockheed Martin

How Lockheed Martin uses Cost Reduction:

• Managed complex subsystem acquisition by implementing sub-program management techniques to accomplish schedule, cost reductions and delivery support.
• Assisted with implementing cost reduction/profit recovery plan that improved program profitability by $1M annually within a 12-month period in 2009/2010.
• Created and implemented efficiency enhancements to generate more than 12% improvement through associated cost reductions.

Most common skills for Lockheed Martin:

• DOD
• R
• Unix
• SharePoint
• Management System
• Windows

16. Wolters Kluwer

Most common skills for Wolters Kluwer:

• Azure
• Content Marketing
• UI
• B Testing
• QA
• Business Development

17. Kion Group

18. Amazon

Most common skills for Amazon:

• Customer Orders
• Pallets
• Inventory Control
• Pallet Jack
• RF Scanner
• Problem Solve

19. Textron

How Textron uses Cost Reduction:

• Developed and led inventory reduction strategies resulting in cost reduction of 10%.
• Lead on 36 Cost Reduction / Lead Time Reduction Projects Outsource Team Lead - savings to date over $3M.
• Travel Cost Reduction project requiring coordination and communication across four sites.

Most common skills for Textron:

• Hand Tools
• DOD
• Prototyping
• Jigs
• Assembly Line
• Direct Reports

20. John Deere

How John Deere uses Cost Reduction:

• Develop collaborative relationships with suppliers so that they can set mutually agreeable targets for quality improvement or cost reduction.
• Completed a product replacement analysis, leading to an annual cost reduction of $150k.
• Led model year changes, cost reduction programs, product improvement programs, warranty improvement and production support.

Most common skills for John Deere:

• Assembly Line
• Continuous Improvement
• Extrusion
• CAD
• Corrective Action
• Arc Welding