Partner Cost Manager

Cisco
George Town
MYR 100,000 - 150,000
Job description

As a Partner Cost Management Specialist, you will be integral to optimizing Cisco's manufacturing cost strategies. You will drive or play a significant role in the following activities:

Develop and Execute Cost Strategies:

  • Formulate and implement comprehensive cost strategies for outsourced manufacturing services, focusing on both Electronic Manufacturing Services (EMS) and Original Design Manufacturer (ODM) models.
  • Work closely with internal teams to align cost strategies with overall business objectives, ensuring they contribute positively to Cisco's competitiveness in the market.

Cost Negotiation Strategy and Execution:

  • Develop negotiation strategies that achieve or exceed fiscal targets, ensuring cost efficiencies without compromising quality.
  • Lead negotiations with manufacturing partners to secure favorable terms and conditions that support Cisco's financial goals.

Fiscal Planning and Goal Setting:

  • Participate in fiscal planning on a quarterly and annual basis, setting realistic and achievable goals.
  • Analyze financial data to forecast spending and identify opportunities for cost savings.

Monitor and Manage Spend:

  • Oversee spending with manufacturing partners across various categories, including standard costs, New Manufacturing Systems (NMS), New Manufacturing Activities (NMA), and New Product Introduction (NPI).
  • Ensure that all expenditures are within budget and aligned with Cisco's financial policies.

Assess Manufacturing Partner Financial Health:

  • Conduct regular assessments of manufacturing partners' financial stability to mitigate risks and ensure continuity of supply.
  • Provide insights and recommendations based on financial assessments to senior management.

Champion Cost-Reduction Initiatives:

  • Lead Value Engineering (VE) initiatives aimed at reducing transformation costs and improving product margins.
  • Collaborate with cross-functional teams to identify and implement cost-saving opportunities.

Collaboration and Communication:

  • Work in a fast-paced environment with high visibility across Cisco's supply chain and other functions.
  • Collaborate effectively with stakeholders, balancing Cisco's optimization goals with the needs of manufacturing partners to achieve mutual success.
Qualifications:
  • Proven experience in supply chain management, cost strategy development, and financial planning.
  • Strong negotiation skills with a track record of achieving cost efficiencies.
  • Ability to analyze financial data and make data-driven decisions.
  • Excellent communication and collaboration skills to work effectively with internal and external stakeholders.
  • Experience in a fast-paced, high-visibility role is preferred.
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