Principal Project Manager

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.   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 .’ As the industry’s leading expert in embedded processing with unmatched quality and system-level know-how, we have evolved to provide scalable and comprehensive semiconductor solutions for automotive, industrial, infrastructure, and IoT industries based on the broadest product portfolio, including High Performance Computing, Embedded Processing, Analog & Connectivity, and Power. With a diverse team of over 22,000 professionals in more than 30 countries, we continue to expand our boundaries to offer enhanced user experiences through digitalization and usher into a new era of innovation. We design and develop sustainable, power-efficient solutions today that help people and communities thrive tomorrow, ‘ To Make Our Lives Easier .’      At Renesas, you can:  Launch and advance your career in technical and business roles across four Product Groups and various corporate functions. You will have the opportunities to explore our hardware and software capabilities and try new things.   Make a real impact by developing innovative products and solutions to meet our global customers' evolving needs and help make people’s lives easier, safe and secure.  Maximize your performance and wellbeing in our flexible and inclusive work environment. Our people-first culture and global support system, including the remote work option and Employee Resource Groups, will help you excel from the first day.     Are you ready to own your success and make your mark?   Join Renesas. Shape Your Future with Us .   Renesas Electronics is an equal opportunity and affirmative action employer, committed to celebrating 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 federal, state or local 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.