• Work cross functionally to understand the current state of of costing and our supplier contracts
• Benchmark and develop an understanding of engineered part cost including “should” cost for new product introductions
• Develop end-to-end cost modeling and “should” cost driven by engineered standard and actual input/part costs
• Collaborate with cross functional partners to develop and drive the strategic roadmap for implementation including processes, negotiation strategies, and organizational capabilities
• Project manage the implementation of the costing model
• Provide regular analysis, insights, and recommendations at key stages throughout the product life cycle.
• Collaborate with cross functional teams to identify cost saving opportunities, set target, track progress and implement necessary actions.
• Act as a strategic partner with the Sourcing team to optimize supplier relationships, assist in negotiating favorable terms, and drive cost efficiencies.
• Engage with the Product Management team to understand design implications on costs and provide informed recommendations for optimizing cost.
• Engage with the Finance team to ensure alignment between cost analysis and financial planning, providing accurate and timely cost-related information.
• Drive continuous cost improvement projects to enhance overall operational efficiency.
• Any other ad-hoc projects as assigned.