Product Cost Manager - Vertiv Corporation
Westerville, OH
About the Job
Job Summary
The Product Cost Manager's primary focus is to drive the organization to hit product cost targets thru collaboration with Engineering, Procurement and Operations to position our product costs below that of competition. Reporting to the Senior Director, Engineering Direct Expansion, 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.
* 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' 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.
* Experience in managing people and/or projects.
* 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.
* Must have demonstrable skills with Microsoft office applications, particularly Excel. Smartsheet and Power BI experience beneficial.
* Experience in a global, multi-cultural environment, & comfortable working autonomously.
* Occasional travel domestic or international to Vertiv engineering and manufacturing locations.
The successful candidate will embrace Vertiv's Core Principals & Behaviors to help execute our Strategic Priorities.
OUR CORE PRINCIPALS: Safety. Integrity. Respect. Teamwork. Diversity & Inclusion.
OUR STRATEGIC PRIORITIES
* Customer Focus
* Operational Excellence
* High-Performance Culture
* Innovation
* Financial Strength
OUR BEHAVIORS
* Own It
* Act With Urgency
* Foster a Customer-First Mindset
* Think Big and Execute
* Lead by Example
* Drive Continuous Improvement
* Learn and Seek Out Development
About Vertiv
Vertiv is a $6.9 billion global critical infrastructure and data center technology company. We ensure customerApply here: https://www.aplitrak.com/?adid=YmJnZW5lcmljLjUyNTk0LjEwNTA4QHZlcnRpdmNvbXAuYXBsaXRyYWsuY29t
The Product Cost Manager's primary focus is to drive the organization to hit product cost targets thru collaboration with Engineering, Procurement and Operations to position our product costs below that of competition. Reporting to the Senior Director, Engineering Direct Expansion, 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.
* 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' 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.
* Experience in managing people and/or projects.
* 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.
* Must have demonstrable skills with Microsoft office applications, particularly Excel. Smartsheet and Power BI experience beneficial.
* Experience in a global, multi-cultural environment, & comfortable working autonomously.
* Occasional travel domestic or international to Vertiv engineering and manufacturing locations.
The successful candidate will embrace Vertiv's Core Principals & Behaviors to help execute our Strategic Priorities.
OUR CORE PRINCIPALS: Safety. Integrity. Respect. Teamwork. Diversity & Inclusion.
OUR STRATEGIC PRIORITIES
* Customer Focus
* Operational Excellence
* High-Performance Culture
* Innovation
* Financial Strength
OUR BEHAVIORS
* Own It
* Act With Urgency
* Foster a Customer-First Mindset
* Think Big and Execute
* Lead by Example
* Drive Continuous Improvement
* Learn and Seek Out Development
About Vertiv
Vertiv is a $6.9 billion global critical infrastructure and data center technology company. We ensure customerApply here: https://www.aplitrak.com/?adid=YmJnZW5lcmljLjUyNTk0LjEwNTA4QHZlcnRpdmNvbXAuYXBsaXRyYWsuY29t
Source : Vertiv Corporation
