Product Cost Manager

Vertiv; Maharashtra; On-site; INR 1,500,000 - 2,100,000; Full time

Job summary

Vertiv in India (Maharashtra) is seeking a seasoned Cost Reduction Engineer to lead VAVE initiatives across product lines. You will collaborate with Product Management, Engineering, Procurement, Operations and Finance to drive cost improvements and optimize the cost structure of UPS and related components.

You will conduct teardown analyses, benchmark suppliers and locations, and prepare data-driven presentations for leadership.

Qualifications

• Bachelor's degree in engineering or related technical degree; Electrical Engineering is preferred.
• 7+ years' experience in VAVE, Supply Chain, or Manufacturing.
• Experience with new product development processes and activities is preferred.
• Demonstrated competence in problem solving, data analysis, & project management.
• Ability to develop and deliver effective presentations of insights and recommendations, supported by data analysis.

Responsibilities

• Identify and drive product cost improvement actions by working with cross-functional teams.
• Conduct teardown analysis of UPS units and analyze should costing to understand cost structure.
• Develop cost comparisons to benchmark manufacturing locations and suppliers.
• Prepare and deliver presentations on cost targets and cost drivers.
• Monitor product costs during NPDI and lifecycle to identify variances.
• Pursue continuous improvement projects to improve variable cost margins and reduce non-product costs.

Skills

VAVE

Supply chain

Manufacturing

Data analysis

Problem solving

Presentation skills

Cross-functional teamwork

Excel

Power BI

Creo/AutoCAD

Education

Bachelor's degree in engineering

Tools

Excel

Power BI

Smartsheet

Creo

AutoCAD

PowerPoint

Job description

Responsibilities

• Identify and drive product cost improvement actions by working with a cross-functional team (notably Product Management, Engineering, Procurement, Operations and Finance)
• Conduct Teardown analysis of UPS's and analyze Should costing to understand product cost structure (Sheetmetal, Plastic enclosures, cables, PCBs, etc)
• 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 VCM (Variable Cost Margins) for non-product related cost reductions. E.g., Warehouse overhead reduction, Scrap and Warranty returns reduction, Supply chain improvements, etc

Requirements

• Bachelor's degree in engineering or related technical degree; Electrical Engineering is preferred
• 7 plus years' experience in VAVE, Supply Chain, or Manufacturing
• Experience with new product development processes and activities is preferred
• 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, Creo, AutoCAD expertise preferred.
• Excellent communications skills – written & verbal

The successful candidate will embrace Vertiv's Core Principles & Behaviors to help execute our Strategic Priorities.

OUR CORE PRINCIPALS

Safety. Integrity. Respect. Teamwork. Inclusion.

OUR STRATEGIC PRIORITIES

• High-Performance Culture
• Customer Focus
• Operational Excellence
• Innovation
• Financial Strength

VERTIV 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
• Promote transparent & open communication

About Vertiv

Vertiv (NYSE: VRT) brings together hardware, software, analytics and ongoing services to enable its customers’ vital applications to run continuously, perform optimally and grow with their business needs. Vertiv solves the most important challenges facing today’s data centers, communication networks and commercial and industrial facilities with a portfolio of power, cooling and IT infrastructure solutions and services that extend from the cloud to the edge of the network. Headquartered in Westerville, Ohio, USA, Vertiv employs around 34,000 people and does business in more than 130 countries. Visit Vertiv.com to learn more.

Work Authorization

No calls or agencies please. Vertiv will only employ those who are legally authorized to work in the United States. This is not a position for which sponsorship will be provided. Individuals with temporary visas such as E, F-1, H-1, H-2, L, B, J, or TN or who need sponsorship for work authorization now or in the future, are not eligible for hire.

Equal Opportunity Employer

Vertiv is an Equal Opportunity/Affirmative Action employer. We promote equal opportunities for all with respect to hiring, terms of employment, mobility, training, compensation, and occupational health, without discrimination as to age, race, color, religion, creed, sex, pregnancy status (including childbirth, breastfeeding, or related medical conditions), marital status, sexual orientation, gender identity / expression (including transgender status or sexual stereotypes), genetic information, citizenship status, national origin, protected veteran status, political affiliation, or disability. If you have a disability and are having difficulty accessing or using this website to apply for a position, you can request help by sending an email to [e-mail].