Director of Cost Engineering

JMJ Phillip Group; California; On-site; USD 180,000 - 280,000; Full time

Job summary

JMJ Phillip Group is seeking a Director of Cost Engineering to lead global product costing strategies, achieve cost savings, and improve supplier performance. The role oversees international supplier negotiations, cost modeling, and strategic procurement while mentoring a sourcing team.

The position requires extensive cost engineering and procurement experience in the CPG sector, with leadership responsibilities and international travel.

Qualifications

• 15+ years of cost engineering and procurement experience in the CPG industry.
• 10+ years of supervisory or leadership experience in strategic sourcing and cost optimization.
• Strong strategic thinking, negotiation, analytical, and problem-solving skills with executive influence.
• Proven project management experience including cross-functional collaboration, budgeting, scheduling, and risk management.
• Experience negotiating with international suppliers and willing to travel internationally 20%+.

Responsibilities

• Develop and execute global sourcing and product costing strategies to achieve cost-reduction targets and financial goals.
• Lead supplier selection, contract negotiations, and vendor relationship management, ensuring competitive pricing, quality, capacity, and delivery.
• Oversee cost modeling, should-cost analysis, commodity cost tracking, and material cost databases to identify savings opportunities.
• Drive continuous improvement and cost-control initiatives in partnership with manufacturing facilities and cross-functional teams.
• Manage sourcing and costing budgets while mentoring, developing, and leading the sourcing team.

Skills

Strategic thinking

Negotiation

Analytical

Problem-solving

Cross-functional collaboration

Leadership

Tools

Cost modeling

Should-cost analysis

Vendor management

Job description

A leader in the Fast-Moving Consumer Goods Industry is seeking a Director of Cost Engineering to lead product costing strategies to drive cost savings, improve supplier performance, and achieve financial objectives. Oversee international supplier negotiations, cost modeling, vendor partnerships, and strategic procurement initiatives while leading a team and collaborating cross-functionally to improve cost, quality, and delivery.

Key Responsibilities

• Develop and execute global sourcing and product costing strategies to achieve cost-reduction targets and financial goals.
• Lead supplier selection, contract negotiations, and vendor relationship management, ensuring competitive pricing, quality, capacity, and delivery.
• Oversee cost modeling, should-cost analysis, commodity cost tracking, and material cost databases to identify savings opportunities.
• Drive continuous improvement and cost-control initiatives in partnership with manufacturing facilities and cross-functional teams.
• Manage sourcing and costing budgets while mentoring, developing, and leading the sourcing team.

Qualifications

• 15+ years of cost engineering and procurement experience within the CPG industry.
• 10+ years of supervisory or leadership experience, with demonstrated success in strategic sourcing and cost optimization.
• Strong strategic thinking, negotiation, analytical, and problem-solving skills, with the ability to influence executive leadership.
• Proven project management experience, including cross-functional collaboration, budgeting, scheduling, and risk management.
• Proven experience engaging in negotiations with international suppliers.
• Willingness to travel internationally 20% or more.