Product Cost Manager

Position description

• Responsible to own overall product cost and drive product cost optimization activities. 
• Analize current product cost situation, identify gaps in design or sourcing, coordinate activities between engineering, procurement, and vendors to achieve optimized product cost.

Responsibilities

1. Product cost analysis

• Breakdown current product cost into individual subsystems and components. 
• Analize individual cost components and compare them to benchmark (internal and external). 
• Identify cost gaps. 
• Communicate effectively the cost situation within the project team and to GBE leadership team. 

1. Cost Optimization

• Actively drive the cross functional team of engineers and buyers to identify opportunities for cost optimization. 
• Organize workshops with internal and external teams to identify opportunities for cost improvements. 
• Project manage cost reduction assignments to assure their timely implementation.
• Drive overall product cost level to the limits established by the program business case. 
• Support Program Managers with Risk assessment and Change Management processes impacted by cost reduction subprojects. 
• Support Program Managers with impact to project cost planning resulting from any cost reduction subprojects. 

Candidate Skills

Leadership & People Management

• Delegate efficiently to the team members and stakeholders and hold them accountable to the agreed targets
• Resolve conflict between project stakeholders, using cross-functional reviews
• Motivate the team to adhere to the agreed plan and deliver per target
• Influence decisions to a positive outcome for the project completion
• Coaching and leading by example the project team across cultures and geographical regions

Communication

• Report accurate status of product cost, monitor implementation and escalate to the Leadership team when appropriate. 
• Lead regular product cost status reviews with the stakeholders.
• Prepare and present a formal status report to relevant committees.
• Listening to stakeholders’ needs and address concerns 
• Tailor communication to audience

Professionalism & Personal Effectiveness

• Work independently with limited to no supervision 
• Take ownership and be accountable of your commitment and actions
• Multitask on multi-projects, multi-customer, multi-region and multi-technologies

Cognitive

• Analytical thinking and problem solving
• Conceptual thinking 

Candidate Knowledge, Experience & Education

Product

• University degree or Post graduation with Management or Engineering Degree. 

Processes & Systems

• Project Management experience (min 2yrs) or relevant experience in a similar function (coordination of cross functional team). 
• Technical savviness, engineering degree is a plus. Need to be able to understand mechatronic product including mechanical, electrical, and software design concepts.
• Experience in global company work environment, ability to drive others to execution. 
• Foreign language fluency – relative to the allocated customer portfolio (English is a must)
• IT (Microsoft Project, Excel, PowerPoint, SAP etc.)..
• Optional: Six Sigma Certified