Product Cost Manager

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View more categories | View less categories | Sector: Supply Chain and Procurement | Role: Manager | Contract Type: Permanent | Hours: Full Time

Job Description

What you will be doing:

With over 600 aircraft in service and a growing orderbook of aircraft, the Trent 1000/7000 Value Stream covers the full breadth of activity of those engines in service and provides a unique opportunity to develop business breadth across the lifecycle of an engine.

Reporting to the Senior Vice President - Contract Management, you will be the Trent 1000/7000 Value Stream lead for all activity related to the delivery of product cost commitments. Successful management of Product Cost is critical to ensure strategic initiatives and committed business returns are delivered. This is an exciting opportunity to help shape our business and grow profit for one of our critical portfolios.

You will interface with the Civil Manufacturing Operations and Procurement teams, establishing relationships and growing your network across the enterprise. Ensuring Product Cost for both Trent 1000 & Trent 7000 engines are optimized to deliver margin growth on new engine deliveries and aftermarket part sales. If collaboration and problem solving are something you enjoy, this environment of coming together to tackle challenges, refining ideas, and driving change will be highly rewarding.

Responsibilities:

• Define the Product Cost strategy for the Trent 1000/7000 engines, including benchmarking to ensure best in class.
• Deliver value stream engine margin improvement for the strategic workstream covering both revenue and cost levers.
• Own product cost inputs to all major business processes and reviews including Business Plan, Contract Review Packs, and Product Introduction and Lifecycle Management (PILM).
• Partner with Manufacturing Operations and Procurement teams to identify, influence, and drive major cost strategies and initiatives to deliver committed targets.
• Ensure robust and integrated governance and reporting frameworks exist to drive engagement and execution of commitments.
• Drive a cost-focused culture in product management processes to ensure cost-informed decision-making and understanding of financial implications of business activities.

Why Rolls-Royce?

Work with us and you'll be welcomed into a culture of caring and belonging where you can be yourself. We listen first, embrace feedback, and act with integrity. We invest in your continuous learning and development, providing a wide range of opportunities to grow your career and make a difference.

We offer excellent development, a competitive salary, and exceptional benefits including bonuses, employee support assistance, and discounts.

Hybrid working allows our employees to balance their time between the office, home, or another remote location. Attendance at the workplace for collaboration and specific purposes is expected, with frequency depending on business needs. Discover more on our GBS Service Portal about hybrid working.

Who we're looking for:

We prioritize safety, integrity, simplicity, and making a difference—principles fundamental to our behaviors. These qualities are essential in all roles.

• Business strategy, finance, or cost/commercial experience from various industries. Some product knowledge is beneficial but not essential.
• Strategic business sense, creativity, and willingness to challenge the status quo. Enjoy problem-solving, innovation, and growth opportunities.
• Motivated to drive change through collaboration and teamwork, with a focus on group problem solving.
• Strong communication skills and the ability to influence cross-functional teams and senior stakeholders.
• Degree qualification or relevant experience is desirable.

Join us and help Rolls-Royce become a high-performing, competitive, and resilient business.

Please note, priority will be given to employees identified as high risk. It is advisable to inform your current manager of your application. We are an equal opportunities employer committed to diversity and inclusion, believing that varied perspectives lead to greater success. We foster a culture of respect and opportunity for all.

Learn more about our global Inclusion Strategy.

Job Category

Service Management

Posting Date

25 Apr 2025; 00:04

Posting End Date

24 Apr 2025

Company

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