Product Cost Manager
2 days ago
Product Cost ManagerProduct Cost Manager is responsible for delivering product cost reductions that meet or exceed targets for the product line. Key activities include analyzing product costs, evaluating the impact of alternative sourcing and/or manufacturing strategies, monitoring actual costs vs. target, and developing and presenting executive level presentations. The role operates in a global and cross-functional environment and requires frequent collaboration with product management, engineering, quality, procurement, and operations. This position will be based onsite at Vertiv's Delaware, OH office location.Responsibilities:Identify and drive product cost improvement actions by working with a cross-functional team (notably Product Management, Engineering, Procurement, Operations and Finance)Develop product cost comparisons to evaluate and benchmark manufacturing locations and suppliersPrepare and deliver presentations on product cost targets, key cost drivers, and supporting cost reduction activitiesMonitor product costs during the NPDI process and throughout the product lifecycle to identify and act on variancesIdentify and pursue continuous improvement projects that deliver improved efficiency and/or qualityOther duties and responsibilities as assigned.Requirements:Bachelor's degree in engineering or related technical degree; Electrical or Mechanical Engineering is preferred7 plus years' experience in Product Cost, Product Management, Engineering, Supply Chain, or ManufacturingExperience with new product development processes and activities is preferredDemonstrated competence in problem solving, data analysis, & project managementAbility to develop and deliver effective presentations of insights and recommendations, supported by data analysisExperience developing cross-functional and cross-regional relationships to achieve business objectivesProficiency with Microsoft Office suite (Excel, PowerPoint, PowerBI), Smartsheet, and other business applicationsExcellent communications skills - written & verbalThe 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 DevelopmentAbout Vertiv: Vertiv is a $8.0 billion global critical infrastructure and data center technology company. We ensure customers' vital applications run continuously by bringing together hardware, software, analytics and ongoing services. Our portfolio includes power, cooling and IT infrastructure solutions and services that extends from the cloud to the edge of the network. Headquartered in Columbus, Ohio, USA, Vertiv employs around 20,000 people and does business in more than 130 countries.Work Authorization: No calls or agencies please. Vertiv will only employ those w
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