We are seeking a highly driven and cross-functional Capacity Expansion and Cost Reduction Project Manager to lead strategic cost optimization and capacity expansion initiatives across products, operations, and supply chain. This role will be responsible for identifying, driving, and tracking capacity expansion and cost reduction opportunities while balancing quality, performance, customer commitments, and execution timelines.
The ideal candidate combines strong project management skills with technical and business acumen, and is capable of driving alignment across engineering, operations, procurement, quality, planning and marketing teams in a fast-paced environment.
Job Description- Lead cross-functional capacity expansion and cost reduction initiatives across product design, manufacturing, test, packaging, sourcing, and operations
- Drive structured cost reduction programs from opportunity identification through implementation and savings realization
- Coordinate activities across Engineering, Supply Chain, Operations, Procurement, Quality, Finance, and Product Marketing
- Develop and maintain cost reduction roadmaps, priorities, schedules, and executive reporting dashboards
Identify opportunities for:
- BOM cost reduction
- Alternate sources for BOM and manufacturing flows
- Packaging optimization
- Yield improvement
- Test cost reduction
- Supply chain optimization
- Alternate sourcing and dual sourcing
- Process simplification and operational efficiencies
- Drive the decision toward issuing PCNs or releasing new part numbers
- Drive the cross-functional team toward PCN planning/execution
- Participate in EOL activity and notifications
- Track and report savings against targets, including risks and mitigation plans
- Drive accountability and execution across stakeholders and suppliers
- Support customer and supplier engagements related to cost optimization initiatives
- Escalate critical issues impacting cost, schedule, or execution
- Facilitate executive reviews and ensure alignment on priorities and tradeoffs
- Bachelor’s degree in Engineering, Operations, Supply Chain, Business, or related field
- 7+ years of experience in program/project management, operations, engineering, or product management
- Product-engineering experience is a plus
- Experience driving cost reduction initiatives in semiconductor, electronics, or high-tech industries preferred
Strong understanding of:
- Product development processes
- Manufacturing operations
- Supply chain and procurement
- Cost structures and business tradeoffs
- Proven ability to lead complex cross-functional programs to completion
- Strong analytical, organizational, and communication skills
- Ability to operate effectively in fast-paced, ambiguous environments
- Executive-level presentation and reporting skills preferred
Renesas is an embedded semiconductor solution provider driven by its Purpose, To Make Our Lives Easier. With a global team of over 21,000 engineers and problem solvers in more than 30 countries, we offer the opportunity to work on world‑leading technology for Automotive, Industrial, Infrastructure, and IoT, shaping a safer, healthier, greener, and smarter future.
At Renesas, TAGIE is our culture, grounded in being Transparent, Agile, Global, Innovative, and Entrepreneurial. It shapes how we work, grow and deliver on our purpose together. This collaborative spirit and mindset drive our semiconductor technology to transform industries and impact millions of lives.
We believe in rewarding our employees with a competitive benefits package alongside their salary. More information will be provided during the hiring process.
Are you ready to join our team and shape the future with us?
Renesas Electronics is an equal opportunity and affirmative action employer, committed to supporting diversity and fostering a work environment free of discrimination on the basis of sex, race, religion, national origin, gender, gender identity, gender expression, age, sexual orientation, military status, veteran status, or any other basis protected by law. For more information, please read our Diversity & Inclusion Statement.
Renesas Electronics deals with dual-use technology that is subject to U.S. export controls regulations. Under these regulations it may be necessary for Renesas to obtain U.S. government export license prior to release of technology to certain persons. The decision whether or not to file or pursue an export license application is at the sole discretion of Renesas.
Skills Required
- Bachelor's degree in Engineering, Operations, Supply Chain, Business, or related field
- 7+ years of experience in program/project management, operations, engineering, or product management
- Experience driving cost reduction initiatives in semiconductor, electronics, or high-tech industries
- Product-engineering experience
- Strong understanding of product development processes
- Strong understanding of manufacturing operations
- Strong understanding of supply chain and procurement
- Strong understanding of cost structures and business tradeoffs
- Proven ability to lead complex cross-functional programs to completion
- Strong analytical, organizational, and communication skills
- Executive-level presentation and reporting skills
- Ability to operate effectively in fast-paced, ambiguous environments
Renesas Electronics Compensation & Benefits Highlights
The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Renesas Electronics and has not been reviewed or approved by Renesas Electronics.
-
Fair & Transparent Compensation — Feedback suggests pay is generally fair-to-good across many roles, with base pay aligned to prevailing market levels in multiple U.S. locations. Engineering and leadership tracks can be competitive on total compensation, reinforcing a sense that pay can meet market expectations in key job families.
-
Healthcare Strength — Feedback suggests core medical, dental, and vision coverage is solid and well-regarded by employees. Day-one eligibility in U.S. roles is described, supporting confidence in access and continuity of care.
-
Leave & Time Off Breadth — Feedback suggests PTO, paid holidays, sick time, and parental leave provide a comprehensive time-off framework. Company initiatives like Renesas Day and meeting-light Focus Fridays further support time away and balance.
Renesas Electronics Insights
What We Do
We're the world's leading semiconductor manufacturer. Our mission is to make our lives easier and a world that's safer, healthier, greener, and smarter.
