Product Cost Manager

Vertiv; Westerville (OH); On-site; USD 80,000 - 110,000; Full time

Job summary

Vertiv is seeking a Product Cost Manager to oversee product cost reductions for its product line based in Delaware, OH. This role involves analyzing product costs, collaborating with various departments, and presenting findings to executives.

Ideal candidates will have at least 7 years of experience in relevant fields and proficiency in data analysis and project management. The position emphasizes continuous improvement and effective communication skills.

Qualifications

• Bachelor’s degree in engineering or related technical degree; Electrical or Mechanical Engineering preferred.
• 7 plus years’ experience in Product Cost, Product Management, Engineering, Supply Chain, or Manufacturing.
• Competence in developing cross-functional relationships.

Responsibilities

• Identify and drive product cost improvement actions.
• Develop product cost comparisons to evaluate manufacturing locations and suppliers.
• Prepare presentations on product cost targets and reduction activities.

Skills

Problem solving

Data analysis

Project management

Microsoft Excel

Microsoft PowerPoint

Microsoft PowerBI

Communication skills

Education

Bachelor's degree in engineering or related technical degree

Tools

Microsoft Office Suite

Smartsheet

Job description

Job Title: Product Cost Manager

Function: Racks Product Line / IT Systems

Location: Delaware, OH

The Product Cost Manager is responsible for delivering product cost reductions that meet or exceed targets for the product line. Key activities include analyzing product costs, evaluating the impact of alternative sourcing and/or manufacturing strategies, monitoring actual costs vs. target, and developing and presenting executive level presentations. The role operates in a global and cross-functional environment and requires frequent collaboration with product management, engineering, quality, procurement, and operations.

This position will be based onsite at Vertiv's Delaware, OH office location.

Responsibilities

• Identify and drive product cost improvement actions by working with a cross-functional team (notably Product Management, Engineering, Procurement, Operations and Finance)
• 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 efficiency and/or quality
• Other duties and responsibilities as assigned

Requirements

• Bachelor’s degree in engineering or related technical degree; Electrical or Mechanical Engineering is preferred
• 7 plus years’ experience in Product Cost, Product Management, Engineering, 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
• Excellent communications skills – written & verbal

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].