What is your experience leading cost reduction activities?

"At my last company, I was tasked with leading all cost reduction initiates in the stamping department. In FY 19, we implemented over 2M worth of cost reductions, some of which were related to capital projects which I directly led. Others were low cost kaizens that I facilitated with the team. Our most successful project was a labor balancing activity that we completed as part of a kaizen event. This activity required almost no capital investment and saved approximately 500k/year in labor."

"Although I have not personally led cost-saving activities, I have provided significant support in laying the groundwork to do so. Specifically, in my experience, I would attend meetings with 3 manager heads at a time: the VP of operations, the head of engineering, and the head of manufacturing. They would assign me projects for cost-saving, then I would provide them with manufacturing techniques, fixtures, and documentation which would save significant time and minimize machine operations."