Cost Optimization Analyst

Advanced Energy; Philippines; On-site; PHP 700,000 - 900,000; Full time

Job summary

Advanced Energy Industries, Inc. seeks a Cost Analyst to partner with Product Managers and cross-functional teams to improve profitability and drive cost optimization across product lines. This role analyzes product and supply chain data to identify opportunities for cost savings and margin improvement.

You will work with Engineering, Supply Chain, Marketing, and Manufacturing to support data-driven decisions that enhance product competitiveness and operational performance.

Qualifications

• B.S. in business, engineering, or related field required.
• MS or MBA desirable.
• Minimum 2 years’ experience in cost analysis, marketing or a product management role.

Responsibilities

• Analyze and review product cost data and identify cost improvement opportunities, incl. identification and quantification of the highest cost drivers
• Work with Commodity Management, Supply Chain, and Engineering to develop and implement cost control measures
• Audit how prices are applied in BOMs and drive corrections
• Audit reorder quantities and drive corrections and optimizations
• Review COGS increases by Operations and their justifications, including for Direct Labor Overhead, and implement corrections where applicable
• Track COGS development by product groups and drive cost reduction targets
• Support Supply Chain in finding market buys for obsolete components
• Analyze cost impacts of obsolescence issues and assist with planning of product updates or End-of-life (EOL) implementation
• Assist product managers with data analysis of revenue, market trends, costs, competitors, etc.
• Collect data sets or retrieve internal data, for use in analysis and optimization.

Skills

Data analysis

Creative problem-solving

Teamwork

Multitasking

Education

B.S. in business, engineering, or related fields

MS or MBA desirable

Tools

Excel

PowerPoint

Word

Windows

Job description

Advanced Energy Industries, Inc. seeks a Cost Analyst to partner with Product Managers and cross-functional teams to improve profitability and drive cost optimization across product lines. This role analyzes product and supply chain data to identify opportunities for cost savings and margin improvement.

You will work with Engineering, Supply Chain, Marketing, and Manufacturing to support data-driven decisions that enhance product competitiveness and operational performance.