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Cost Optimization Analyst
2 months ago
Insight Global is seeking a skilled Cost Analyst to enhance our product development initiatives. The selected candidate will focus on implementing cost-saving strategies throughout the lifecycle of new product projects.
Key Responsibilities:
- Collaborate with cross-functional teams including Magnetics, Mechanical, Electrical, and Procurement to pinpoint opportunities for cost reduction.
- Develop and present comprehensive test plans to stakeholders, analyze results in conjunction with the data team, and execute the revised product designs.
- Leverage electrical or mechanical expertise to discover innovative products, tools, or software that can lead to significant cost efficiencies.
- Monitor and assess the performance of newly implemented products.
Work Environment:
The majority of this role will be conducted in an office environment (80-90%), with occasional responsibilities on the manufacturing floor (10-20%).
Compensation:
$90,000 - $120,000
Diversity and Inclusion:
We are dedicated to fostering diverse and inclusive workplaces where individuals can express their authentic selves. Insight Global is an equal opportunity employer, and we value all candidates regardless of their background.
Qualifications:
- Experience with 3-phase power distribution or UPS systems.
- Background in product development, testing, or cost improvement initiatives.
- Familiarity with Design for Manufacturing (DFM) principles related to electrical and mechanical assemblies and their cost implications.
- Proficient in product design within the manufacturing, electrical, or magnetics sectors.
- Strong command of Microsoft Office Suite, Smartsheet, and other relevant business applications.
- Excellent communication and organizational skills, with the ability to convey technical data succinctly to non-technical audiences.