Supply Chain Cost Analyst

17 hours ago

Fremont, California, United States Iron Systems Full time
Job Title: Cost Analyst V

Iron Systems is a leading provider of custom-built computing infrastructure platforms, offering innovative solutions for network servers, storage, OEM/ODM appliances, and embedded systems. With over 15 years of experience, our customers trust us for our holistic approach to design, engineering, manufacturing, logistics, and global support services.

Role Mandate:
  • We are seeking experienced cost analysts to join our team.
  • The ideal candidates will have a strong background in building should cost models, understanding PCB manufacturing processes, and performing detailed cost analysis.
  • This role will focus on building cost intelligence tools and performing cost analysis/assessments to support sourcing managers in strategic negotiations and design-related decisions.
  • Experience with EE/ME/Power/Cables/MVA is highly desirable.
Candidate Value Proposition:
  • The successful candidate will support a team of cost analysts in building various cost intelligence tools and resources.
  • This includes should cost models, TCO models, cost benchmarking, and cost analysis.
  • The candidate will work with the team and engineers to identify opportunities to reduce cost via design optimization or other strategies.
Role Responsibilities:
  • Build Should Cost Models for various products/components/services.
  • Develop work-class cost intelligence models, tools, and best practices to support Meta's infrastructure Hardware supply chain.
  • Identify actionable insights and provide a summary of trends and observations through cost data interpretation and research.
  • Work with Sourcing Managers and suppliers to gather datasets for cost analysis.
  • Build benchmarking data related to cost – historic, competitive, and market – and understand supplier costs, impact of design changes, and cost/value drivers for the equipment and services involved.
  • Leverage cost management techniques – target costing, equipment lifecycle TCO, benchmarking, should-cost, supplier cost breakdown, cost driver analysis, competitive bidding, and NPV analysis – to support Sourcing Managers in validating cost savings and realizing cost savings.
  • Conduct cost-related design workshops and partner closely with engineering to influence product cost in the early new product introduction phases.
  • Identify, document, and initiate resolutions to cost data quality issues discovered during report and analysis development.
  • Assist in preparing quarterly business performance updates and other related analyses, including managing and providing status reports to stakeholders.
Performance Measurement:
  • Performance will be measured based on cost analysis, cost models, completion of deliverables on time, quality of deliverables, quantity completed, and XFN feedback.
Must-Have Skills:
  • 10 years of experience.
  • Experience building should cost models for various products/components/services.
  • Ability to perform detailed cost analysis and identify key insights and opportunities.
  • Ability to build benchmarking data related to cost – historic, competitive, and market – and understand supplier costs, value drivers, etc.
  • Expert ability to analyze financial reports, price proposals, and other technical data.
  • Expert ability to accurately document and record customer/client information.
  • Expert leadership and mentoring skills necessary to provide support and constructive performance feedback.
  • Expert knowledge of applicable laws and regulations related to purchasing.
  • Expert knowledge of cost management.
  • Previous experience with computer applications, such as Microsoft Word and Excel.
Nice-to-Have Skills:
  • Experience building dashboards and/or Excel models to support tooling needs.
  • Ability to partner with engineers and build trust to optimize designs for cost.
Soft Skills:
  • Strong verbal and written communication skills.
  • Strong attention to detail.
  • Negotiation skills.
  • Interpersonal skills.
Educational Requirements:
  • Bachelor's degree in finance or a related business field required.

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