Product Cost Manager

Vertiv • Delaware, OH

1d • Onsite

About The Position

The Product 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.

Requirements

• Bachelor’s degree in engineering or related technical degree; Electrical or Mechanical Engineering is preferred
• 7 plus years’ experience in Product Cost, Product Management, Engineering, Supply Chain, or Manufacturing
• Demonstrated competence in problem solving, data analysis, & project management
• Ability to develop and deliver effective presentations of insights and recommendations, supported by data analysis
• Experience developing cross-functional and cross-regional relationships to achieve business objectives
• Proficiency with Microsoft Office suite (Excel, PowerPoint, PowerBI), Smartsheet, and other business applications
• Excellent communications skills – written & verbal
• 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

Nice To Haves

• Experience with new product development processes and activities is preferred

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 suppliers
• Prepare and deliver presentations on product cost targets, key cost drivers, and supporting cost reduction activities
• Monitor product costs during the NPDI process and throughout the product lifecycle to identify and act on variances
• Identify and pursue continuous improvement projects that deliver improved efficiency and/or quality
• Other duties and responsibilities as assigned.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Number of Employees: 5,001-10,000 employees