Cost Model Specialist

Looking for a business minded individual with experience in Engineering, Cost Modeling, and Program Management to join the team as a Cost Model Specialist. This is a newly created position at our client and offers the right candidate the ability to interface with various functions within client as well as with suppliers. The ideal candidate will have experience in Cost Modeling and Program Management and has the ability to map the cost associated with processes involved in engineering and manufacturing of purchased parts. As we have suppliers located throughout the world, there is opportunity for international and domestic travel.

Responsibilities 

Develop cost models globally for client’s supplier base

Coordinate with Enterprise Commodity Manager (ECM) and regional commercial teams on the development of the supplier priority list to build cost models and provide a monthly update on the status of the development projects

Lead/support Global Supply Management (GSM) in the negotiations with suppliers to get them to an “open book” relationship

Obtain a final agreement from a supplier once a model is developed for a supplier’s site

Coordinate with the pursuit team the use of the developed cost models in new programs quoting

Maintenance of the models as frequent as required, always obtaining the supplier agreement on the updated model

Through the development of the cost models, support the CIP regional leads in the discussions with the suppliers and our company to improve efficiencies and eliminate waste to become more competitive

Support as needed the evaluation of the validity of commercial quotes for engineering changes through the use of cost models

Support the Cost Improvement Process (CIP) regional leads in lean and VA/VE events

Support as needed and required the GSM Program Manager in program initiation Cost Book definition and understanding of any currency and material economic assumptions for suppliers that the cost models have already been developed

Ability to travel 50% or more of the time (local and international)

Collaborate with ECMs and engineering for cost competitive and efficient designs/processes as part of the cost model development

Participate in core and non-core training to increase personal and professional development

Qualifications 

MBA Degree or similar in operations or finance

Major in manufacturing, engineering, operations, accounting, or finance          

3-5 year minimum experience costing and 2-5 years of experience in program management, engineering, and operations

Excellent at Microsoft Excel and PowerPoint

Excellent interpersonal skills with oral and written communication skills

Excellent to work effectively with others in a multicultural environment

Self-driven and motivated leadership and organization skills

Exhibit the willingness to take measured risks with limited information and limited time

Ability to read blueprints and assess manufacturing feasibility

High analytical ability in complex situations

Ability to successfully lead a team of people

Excellent ability to deal with conflict management

MBA Degree or similar in operations or finance

Major in manufacturing, engineering, operations, accounting, or finance          

3-5 year minimum experience costing and 2-5 years of experience in program management, engineering, and operations

Excellent at Microsoft Excel and PowerPoint

Excellent interpersonal skills with oral and written communication skills

Excellent to work effectively with others in a multicultural environment

Self-driven and motivated leadership and organization skills

Exhibit the willingness to take measured risks with limited information and limited time

Ability to read blueprints and assess manufacturing feasibility

High analytical ability in complex situations

Ability to successfully lead a team of people

Excellent ability to deal with conflict management

All your information will be kept confidential according to EEO guidelines. 

Local candidates only, relocation is not available for this opportunity.