HDNU Project Cost Out and Hoshin Leader

Job Description Summary
The Product Cost Out Manager serves as the critical bridge between the Sourcing organization and the Engineering/Product Design teams. You will be responsible for driving structural cost reduction across the product lifecycle. This role requires a blend of technical product knowledge, supply chain expertise, and cross-functional leadership to identify, validate, and execute cost-out opportunities that improve product margins without compromising quality or performance.

Job Description

Key Responsibilities
• Cross-Functional Strategy: Partner with Engineering, and Commodity teams to integrate cost control principles into product/project development.
• Ideation & Pipeline Management: Lead cross-functional workshops to generate cost-reduction ideas, including material substitution, design simplification, and manufacturing process improvements.
• Execution Leadership: Manage the end-to-end execution of cost-out projects. Track progress, mitigate risks, and ensure that savings are realized and validated through the P&L.
• Should-Cost Modeling: Utilize "Should-Cost" modeling team to establish target costs for components and assemblies, providing data-backed insights during negotiations and design reviews.
• Data Analysis & Reporting: Monitor and report on cost-out performance metrics (e.g., project pipeline value, realized savings, and margin improvement). Maintain a robust dashboard to track project status and savings realization.
• Supplier Collaboration: Work with the Sourcing team to engage key suppliers in value engineering (VE) initiatives, leveraging their technical expertise to reduce manufacturing costs.
• Continuous Improvement: Develop and standardize the cost-out process, ensuring consistent methodologies for opportunity identification and financial validation.

Qualifications
• Bachelor's degree from an accredited university or college in Engineering, Supply Chain, Finance, Business, or a related discipline; or significant equivalent experience in sourcing, manufacturing engineering, value engineering, product costing or procurement.
• Experience: 5-8+ years of experience in product costing, value engineering, procurement, or product design.
• Technical Proficiency: Strong understanding of manufacturing processes (e.g., Forgings, machining, investment casting, fabrication and integrations).
• Communication Skills: Proven ability to influence stakeholders at all levels, particularly in resolving technical disagreements between design requirements and cost constraints.
• Analytical Skills: Strong financial acumen; ability to translate technical design changes into tangible P&L impacts.
• Project Management: Demonstrated success managing complex, multi-stakeholder projects with strict timelines and financial targets.
Success Metrics
• Total annualized savings realized through cost-out projects.
• Project pipeline health (number of ideas in ideation vs. validation vs. execution).
• Accuracy of cost-reduction forecasting.

Desired Characteristics
• Master's Degree in a Technical or Business discipline
• 8+ years of Sourcing Experience for Power Generation products; preferably with a focus on plant equipment accessories (MSD, BOP, HRSG)
• Lean tool set (A3, VSM, Problem Solving)
• High motivation and influencing skills
• Strong quantitative and analytical skills
• Excellent written and verbal communication skills
• Strong interpersonal / facilitation skills
• Proactive self-starter and change agent
• Strong analytical and process mindset
• Experience with SAP, Smartsheet and Tableau

Additional Information

GE Vernova offers a great work environment, professional development, challenging careers, and competitive compensation. GE Vernova is an Equal Opportunity Employer . Employment decisions are made without regard to race, color, religion, national or ethnic origin, sex, sexual orientation, gender identity or expression, age, disability, protected veteran status or other characteristics protected by law.