
Freelance Consultant- Cost Optimization
4 days ago
Our client, an American multinational strategy and management consulting firm is looking for a Cost Optimization Consultant to identify, evaluate, and implement cost optimization initiatives across the manufacturing value chain of the snack food segment by working closely with the operations, procurement, supply chain, and finance teams to reduce production costs, improve process efficiency, and drive sustainable profitability without compromising quality and compliance standards.
Key Responsibilities:
Conduct end-to-end cost analysis across production lines, including raw material usage, labour, utilities, wastage, and overheads specific to snack food manufacturing (e.g., chips, namkeen, extruded snacks).
Identify inefficiencies in cooking/frying/baking, packaging, and quality control processes. Recommend and implement lean manufacturing and Six Sigma-based improvements.
Analyse raw material sourcing, alternate ingredients, and packaging formats for cost-saving opportunities while maintaining shelf life and consumer appeal.
Recommend energy efficiency measures, alternative fuel usage, and equipment calibration to reduce electricity, gas, and water usage across factories
Evaluate automation and digitalisation opportunities (IoT, sensors, predictive maintenance) to reduce manual dependency and optimise batch processes.
Benchmark costs and practices against industry leaders and global snack manufacturers to identify and bridge gaps.
Collaborate with plant heads, quality managers, procurement, R&D, and finance teams to validate opportunities, co-create implementation plans, and track ROI.
Skills Required
1.
6–10 years of experience in FMCG manufacturing, specifically in snacks (chips, namkeen, extruded snacks), with exposure to plant operations and cost reduction initiatives.
2.
Deep understanding of production lines including frying, baking, seasoning, and packaging specific to snack foods.
3.
Strong grasp of cost drivers—raw materials, utilities, labour, overheads—with hands-on experience in conducting plant-level cost audits.
4.
Practical application of lean tools (Kaizen, 5S, TPM) and familiarity with Six Sigma projects focused on waste reduction and process efficiency.
5.
Ability to assess alternate sourcing options, packaging innovations, and supplier negotiations to reduce input costs.
6.
Understanding of energy-intensive equipment and ability to recommend and implement cost-saving measures related to gas, electricity, and water.
7.
Demonstrated ability to work with teams across manufacturing, procurement, quality, and finance for implementation of optimisation strategies.
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