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Cost Optimization Specialist

hace 2 meses

Monterrey, Nuevo León, México Vertiv Co. A tiempo completo
Job Summary

The **Cost Optimization Specialist** primary focus is to drive the organization to hit product cost targets through collaboration with Engineering, Procurement, and Operations to position our product costs below that of the competition. Reporting to the Director, IMS Engineering and Offering, this role leads the overall process of product cost reporting, review, and prioritized cost improvement action execution for the assigned group of products.

By managing a robust product costing program, this role will ensure that Vertiv is able to manufacture best cost-competitive products. This role will focus on:

Ensuring offering managers and other business stakeholders have a clear understanding of product costs and the elements of those costs, including material and manufacturing costs.

Ensuring product cost targets are set before the design phase for New Product Development projects.

Driving reduction in product cost, closely collaborating with Offering Management, Engineering, Procurement, Operations, and Finance to position our products below that of our competition.

Responsibilities

Establish current/actual product cost reporting capability and cadence of review. (Continual cost & margin monitoring)

Perform cost variance reporting. Understand product cost structure, identify, and analyze quarterly variances.

Establish product cost comparison among different manufacturing plants internally and externally, including outside purchase/manufacturing options.

Work with product cross-functional team (notably Offering Management, Engineering, Procurement, Operations, and Finance) to identify and drive product cost improvement metrics and actions.

Coordinating the identification, reporting, and execution of VAVE (Value Analysis/Value Engineering) cost reduction projects and their financial impact.

Reviewing and advising on target product cost as part of NPDI and throughout the lifecycle of the product.

Requirements

B.S. in Engineering preferred or equivalent experience in product engineering and manufacturing.

At least 3+ years' related experience.

Demonstrable experience in Engineering / Supply Chain or Manufacturing Operations and working with cross-functional teams to identify and execute on priority actions.

Experience in analyzing and driving improvement in data reporting with Finance and IT systems.

Ability to deliver effective presentations of findings and recommendations by creating visual summaries of quantitative cost information. Build and continually improve dashboards to provide insight.

Experience in a global, multi-cultural environment, & comfortable working autonomously.

Occasional travel domestic or international to Vertiv engineering and manufacturing locations.