Product Cost Management Job Description Position Summary The
Product Cost Leader is responsible for establishing, governing, and optimizing the end-to-end cost structure of new offers/products during the n ew offer lifecycle. The role ensures that new offers are launched within target cost, achieve required profitability and meet business case commitments through close collaboration with Engineering, Procurement, Manufacturing, Supply Chain and Product Management teams.
Key Responsibilities New Offer Cost Development - Develop detailed product cost models during concept, design, and industrialization phases- CSC derivation and evolution .
- Analyse product designs, manufacturing processes, and cost drivers to achieve product cost targets .
- Support pricing and business case development.
- DCMP utility and analysis
Value Engineering & Cost Optimization - Lead cost optimization initiatives before product launch.
- Evaluate supplier quotations and negotiate cost improvement opportunities.
Manufacturing Cost Assessment - Evaluate manufacturing processes and conversion costs (MBC, DVC)
- Support industrialization teams in identifying productivity improvements.
- Analyse labour content, machine utilization, tooling, and capex requirements
Key Deliverables - Cost Review Presentations
- AOC during Cost Evolution
Technical Competencies Cost Management - BOM Cost Analysis, Manufacturing Process Costing .
- Strong analytical and problem-solving skills.
- Ability to collaborate and influence cross-functional teams
- Curiosity to understand both the technical and financial aspects of a product
Digital Tools - Advanced Excel, DCMP, AI tools for costing
Experience - Product Costing, Cost Engineering, Industrialization, Manufacturing Finance, NEW Product or Offer Development
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€40 billion global revenue
+9% organic growth
150 000+ employees in 100+ countries
You must submit an online application to be considered for any position with us. This position will be posted until filled.
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Responsibilities
Product Cost Management Job Description Position Summary The
Product Cost Leader is responsible for establishing, governing, and optimizing the end-to-end cost structure of new offers/products during the n ew offer lifecycle. The role ensures that new offers are launched within target cost, achieve required profitability and meet business case commitments through close collaboration with Engineering, Procurement, Manufacturing, Supply Chain and Product Management teams.
Key Responsibilities New Offer Cost Development - Develop detailed product cost models during concept, design, and industrialization phases- CSC derivation and evolution .
- Analyse product designs, manufacturing processes, and cost drivers to achieve product cost targets .
- Support pricing and business case development.
- DCMP utility and analysis
Value Engineering & Cost Optimization - Lead cost optimization initiatives before product launch.
- Evaluate supplier quotations and negotiate cost improvement opportunities.
Manufacturing Cost Assessment - Evaluate manufacturing processes and conversion costs (MBC, DVC)
- Support industrialization teams in identifying productivity improvements.
- Analyse labour content, machine utilization, tooling, and capex requirements
Key Deliverables - Cost Review Presentations
- AOC during Cost Evolution
Technical Competencies Cost Management - BOM Cost Analysis, Manufacturing Process Costing .
- Strong analytical and problem-solving skills.
- Ability to collaborate and influence cross-functional teams
- Curiosity to understand both the technical and financial aspects of a product
Digital Tools - Advanced Excel, DCMP, AI tools for costing
Experience - Product Costing, Cost Engineering, Industrialization, Manufacturing Finance, NEW Product or Offer Development
