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Senior Principal Engineer, Product Cost
2 months ago
The Senior Principal Engineer, Product Cost & Valueis responsible to define and execute the product value analytics strategy across HARMAN Automotive division considering all regions, business units, and customers.
This role will create “competitive advantages “ by elevating Harman’s current direct material-focused initiatives to:
Total value analytics approach with coverage on
Functionality
Material,
Licenses
Process
Cost of Poor Quality (COPQ)
Carbon footprint
Automotive product portfolio of high technology products which drives around $1B to $2B in annual material spend at Harman.
This role will be responsible for improving overall profitability, sustainability, and growth of the division by:
Developing and implementing advanced product analytics methodologies and frameworks
Challenging the status quo, pushing for data-driven decision-making and innovation
Conduct in-depth market research and competitive analysis to identify trends, customer preferences, and emerging technologies
Ensure operational excellence of HARMAN Automotive’s product analytics
The role is responsible for optimizing an annual spend of +$1000M and expected to deliver +$150M EBIT improvement over multiple years to enable divisional-level profitability, sustainability, and growth goals.
Your Team
This position will report to the Product Value Analytics & Benchmarking lead and will be an individual contributor role with no direct or indirect reports.
What You Will Do
Define and lead the development of product value models supported by reliable and validated internal/external data
Define and drive the HARMAN “best practice” product value reference including BOM, BOL, BOP, COPQ, and Carbon for all the Harman Automotive products across all SBUs
Build the product value models for advanced technology products such as:
Digital Cockpit
Connectivity modules
Advanced driver assistance systems(ADAS)
Develop, align, and execute a divisional-wide strategy to assemble and enable highly effective cross-functional teams (including Procurement/Engineering/Manufacturing/Account Management) which creates overarching profitability, and sustainability strategies and deliver both commercial & technical measures.
Contribute and Co-Leadership with VM teams during the ideation phase to establish reference improvement targets supported by analytical product models
Develop close internal collaboration with advanced sourcing engineering and external technical relationships with suppliers to identify best value solutions, including emerging technologies that provide value, CO2e improvements
Analyze competitor product benchmark reports/results and analyze best cost engineering results to establish comprehensive product value assessment
Lead and drive the technical definition and implementation of product value modeling solutions, including the identification of analytics that enable trend and sensitivity data to be established.
Develop and enhance the internal Harman product analysis database
Creating professional reliable product value analytics modeling in-house tools and validating 3rd party tools, databases
What You Need
Bachelor's Degree in Engineering
Minimum 15+ years of experience in Product Value Analysis/ Cost Engineering / Value Management / Procurement or Manufacturing / Engineering preferably in the Automotive industry
Minimum 10+ years of engineering experience working with electrical systems or devices such as Digital Cockpit, Connectivity, or ADAS
Experience leading diverse global teams to improve profitability, CO2e initiatives, and innovation
Proven technical leadership with demonstrated ability to lead and review cost engineering analysis
Demonstrated experience in technology benchmarking of new and emerging technologies.
Strong leadership skills with strategic thinking and a track record of driving change orientations
Exceptional engaging cross-functional teams including Procurement & Engineering leadership to embrace continuous improvement in a highly competitive environment.
Strong negotiation and relationship-building skills.
What is Nice to Have
Commercial basics in Procurement, controlling, and accounting
What Makes You Eligible
Be willing to travel up to 10% international travel
Be willing to work in an office in Novi, MI (Hybrid)
Ability to successfully complete a background check and drug screen
What We Offer
Access to employee discounts on world-class Harman and Samsung products (JBL, HARMAN Kardon, AKG, etc.)
Extensive training opportunities through our own HARMAN University
Competitive wellness benefits
Tuition Reimbursement
Access to HARMAN Campus Fitness Center and Cafeteria
An inclusive and diverse work environment that fosters and encourages professional and personal development
HARMAN is proud to be an Equal Opportunity / Affirmative Action employer. All qualified applicants will receive consideration for employment without regard to race, religion, color, national origin, gender (including pregnancy, childbirth, or related medical conditions), sexual orientation, gender identity, gender expression, age, status as a protected veteran, status as an individual with a disability, or other applicable legally protected characteristics.
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