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Transformation Lead – Cost Reduction Strategy

  • Full Time
  •  On-Site - Mumbai / Navi Mumbai
  • 6 months
  • Project posted on: 18/11/2024

Transformation Lead – Cost Reduction Strategy

  • Manufacturing/Operations
  • Manufacturing oversight
  • Large project management
  • Manufacturing/Operations head

On-Site - Mumbai / Navi Mumbai, Delhi / NCR, Kolkata, Chennai, , Pune, Hyderabad

Full Time

6 months

 18/11/2024

Assignment Details

Our client, A leading global consulting firm is seeking a highly skilled and experienced Transformation Lead to drive a cost-cutting initiative across our organization. This person will play a key role in leading a comprehensive transformation effort aimed at optimizing operational costs. The Transformation Lead will work closely with the CEO, CFO, COO, and Head of Engineering, overseeing and coordinating efforts to reduce costs while maintaining operational efficiency.

Key Responsibilities:

  • Lead the overall cost transformation effort across multiple functions within the company, with a particular focus on manufacturing environments.
  • Set up and manage a cross-functional team to identify, design, and implement cost-cutting strategies and initiatives.
  • Collaborate with the executive leadership team (CEO, CFO, COO, Head of Engineering) to ensure alignment of transformation goals and initiatives with overall business strategy.
  • Conduct thorough analysis of current operations, identify inefficiencies, and propose actionable solutions to reduce costs in manufacturing and other key operational areas.
  • Implement cost-saving programs in manufacturing environments, ideally with experience in renewable energy or semiconductor industries.
  • Provide leadership and mentorship to internal teams involved in transformation efforts, ensuring accountability and driving execution.
  • Report regularly to the executive team on progress, challenges, and outcomes, providing actionable recommendations and adjustments to the plan.
  • Ensure sustainability of cost-saving initiatives by embedding new processes and systems into the company’s operations.
  • Manage project timelines and ensure the successful delivery of transformation efforts within the defined scope and budget.
  • Be on-site for an initial period of 6-8 weeks and then on-site approximately every few weeks for follow-up and oversight.

    Duration - 6-9 months
    Location - Bangalore, Chennai

Skills Required

Qualifications:

  • Proven experience leading large-scale transformation initiatives in cost reduction, particularly in manufacturing environments.
  • Experience working in the renewable energy or semiconductor sectors is highly desirable.
  • Previous consulting experience with a top-tier firm (MBB or similar) preferred.
  • Strong strategic thinking and problem-solving skills, with the ability to design and implement impactful cost-cutting programs.
  • Ability to work in a fast-paced, dynamic environment and manage multiple priorities.
  • Strong communication skills with the ability to work effectively with senior leadership and cross-functional teams.
  • Ability to lead and motivate teams, driving collaboration and execution across the organization.
  • Ability to work on-site for an extended period at the beginning of the project, followed by periodic travel as needed.

About the Client

A management consulting services firm

Industry

Professional Services - Consulting

Minimum Experience:

15+ years

Additional Skills:

  • renewable energy
  • Cost Reduction Strategy
  • Cost Transformation
  • Transformation Lead
  • semiconductor sector

No of open positions:

1

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