Cost Reduction Jobs in the West Midlands

Cost Reduction
England > West Midlands

The table below provides summary statistics for permanent job vacancies advertised in the West Midlands requiring Cost Reduction skills. It includes a benchmarking guide to the annual salaries offered in vacancies that cited Cost Reduction over the 6 months leading up to 9 May 2025, comparing them to the same period in the previous two years.

6 months to
9 May 2025
Same period 2024 Same period 2023
Rank 175 206 242
Rank change year-on-year +31 +36 +17
Permanent jobs citing Cost Reduction 19 47 24
As % of all permanent jobs advertised in the West Midlands 0.43% 0.64% 0.38%
As % of the Processes & Methodologies category 0.47% 0.77% 0.39%
Number of salaries quoted 15 31 12
10th Percentile £51,250 £29,500 £35,750
25th Percentile £51,875 £47,475 £42,500
Median annual salary (50th Percentile) £62,500 £54,650 £57,500
Median % change year-on-year +14.36% -4.96% +18.86%
75th Percentile £70,625 £57,500 £83,750
90th Percentile £74,500 £58,750 £174,875
England median annual salary £59,500 £55,000 £58,500
% change year-on-year +8.18% -5.98% +11.43%

All Process and Methodology Skills
West Midlands

Cost Reduction falls under the Processes and Methodologies category. For comparison with the information above, the following table provides summary statistics for all permanent job vacancies requiring process or methodology skills in the West Midlands.

Permanent vacancies with a requirement for process or methodology skills 4,019 6,107 6,186
As % of all permanent jobs advertised in the West Midlands 91.42% 82.86% 96.81%
Number of salaries quoted 1,681 4,565 3,200
10th Percentile £29,000 £26,250 £31,000
25th Percentile £38,500 £35,700 £40,000
Median annual salary (50th Percentile) £52,500 £50,000 £53,000
Median % change year-on-year +5.00% -5.66% +6.00%
75th Percentile £67,500 £63,750 £67,500
90th Percentile £80,000 £77,500 £79,025
England median annual salary £57,500 £55,000 £62,500
% change year-on-year +4.55% -12.00% +4.17%

Cost Reduction
Job Vacancy Trend in the West Midlands

Job postings citing Cost Reduction as a proportion of all IT jobs advertised in the West Midlands.

Job vacancy trend for Cost Reduction in the West Midlands

Cost Reduction
Salary Trend in the West Midlands

3-month moving average salary quoted in jobs citing Cost Reduction in the West Midlands.

Salary trend for Cost Reduction in the West Midlands

Cost Reduction
Salary Histogram in the West Midlands

Salary distribution for jobs citing Cost Reduction in the West Midlands over the 6 months to 9 May 2025.

Salary histogram for Cost Reduction in the West Midlands

Cost Reduction
Job Locations in the West Midlands

The table below looks at the demand and provides a guide to the median salaries quoted in IT jobs citing Cost Reduction within the West Midlands region over the 6 months to 9 May 2025. The 'Rank Change' column provides an indication of the change in demand within each location based on the same 6 month period last year.

Location Rank Change
on Same Period
Last Year
Matching
Permanent
IT Job Ads
Median Salary
Past 6 Months
Median Salary
% Change
on Same Period
Last Year
Live
Jobs
Birmingham +15 9 £62,500 +14.36% 2
Staffordshire +25 4 £60,000 -36.84% 1
Walsall - 2 £72,500 -
Warwickshire -5 1 - - 2
Cost Reduction
England

Cost Reduction
Co-occurring Skills and Capabilities in the West Midlands by Category

The follow tables expand on the table above by listing co-occurrences grouped by category. The same employment type, locality and period is covered with up to 20 co-occurrences shown in each of the following categories:

Applications
1 1 (5.26%) MS Visio
Business Applications
1 8 (42.11%) Oracle Applications
1 8 (42.11%) Oracle EBS
Cloud Services
1 2 (10.53%) SaaS
General
1 8 (42.11%) Inclusion and Diversity
1 8 (42.11%) Retail
2 6 (31.58%) Finance
3 4 (21.05%) Social Skills
4 3 (15.79%) Analytical Skills
5 2 (10.53%) Influencing Skills
5 2 (10.53%) Legal
5 2 (10.53%) Telecoms
Job Titles
1 8 (42.11%) Applications Support
2 6 (31.58%) Applications Engineer
2 6 (31.58%) Applications Support Engineer
2 6 (31.58%) IT Manager
2 6 (31.58%) Support Engineer
3 4 (21.05%) E-Business Support
3 4 (21.05%) Lead
3 4 (21.05%) Oracle Applications Support
4 2 (10.53%) Architect
4 2 (10.53%) Commercial Manager
4 2 (10.53%) IT Procurement Manager
4 2 (10.53%) Procurement Manager
4 2 (10.53%) Remote Support Engineer
4 2 (10.53%) Supplier Manager
4 2 (10.53%) Vendor Manager
5 1 (5.26%) Business Architect
5 1 (5.26%) Category Manager
5 1 (5.26%) Enterprise Architect
Libraries, Frameworks & Software Standards
1 8 (42.11%) Middleware
1 8 (42.11%) Oracle Fusion
Miscellaneous
1 2 (10.53%) FMCG
1 2 (10.53%) Product Ownership
2 1 (5.26%) Onboarding
Processes & Methodologies
1 8 (42.11%) Incident Management
1 8 (42.11%) Problem-Solving
2 6 (31.58%) Supplier Management
3 5 (26.32%) Customer-Centricity
4 4 (21.05%) Asset Management
4 4 (21.05%) Collaborative Working
4 4 (21.05%) Contract Management
4 4 (21.05%) Customer-Centric Approach
4 4 (21.05%) IT Asset Management
4 4 (21.05%) Mentoring
4 4 (21.05%) Software Licensing
5 3 (15.79%) Decision-Making
6 2 (10.53%) Budget Management
6 2 (10.53%) Business Strategy
6 2 (10.53%) Contract Negotiation
6 2 (10.53%) Cost Management
6 2 (10.53%) Data Analysis
6 2 (10.53%) Logistics
6 2 (10.53%) Roadmaps
6 2 (10.53%) Strategic Planning
Programming Languages
1 8 (42.11%) SQL
Qualifications
1 1 (5.26%) TOGAF Certification
Quality Assurance & Compliance
1 2 (10.53%) GDPR
1 2 (10.53%) ISO/IEC 19770
Vendors
1 10 (52.63%) ServiceNow
2 8 (42.11%) Oracle
3 2 (10.53%) Snow