Product Cost Manager EPWT at Garrett Advancing Motion

Pudong, Shanghai, China -

Full Time

Start Date

Immediate

Expiry Date

15 Jun, 26

Salary

0.0

Posted On

17 Mar, 26

Experience

2 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Product Cost Analysis, Cost Optimization, Project Management, Cross-functional Team Leadership, Delegation, Conflict Resolution, Stakeholder Management, Communication, Analytical Thinking, Problem Solving, Conceptual Thinking, Technical Savviness, Mechatronics Understanding, Risk Assessment, Change Management, Microsoft Project

Industry

Motor Vehicle Manufacturing

Description

Position description * Responsible to own overall product cost and drive product cost optimization activities. * Analize current product cost situation, identify gaps in design or sourcing, coordinate activities between engineering, procurement, and vendors to achieve optimized product cost. Responsibilities 1. Product cost analysis * Breakdown current product cost into individual subsystems and components. * Analize individual cost components and compare them to benchmark (internal and external). * Identify cost gaps. * Communicate effectively the cost situation within the project team and to GBE leadership team. 1. Cost Optimization * Actively drive the cross functional team of engineers and buyers to identify opportunities for cost optimization. * Organize workshops with internal and external teams to identify opportunities for cost improvements. * Project manage cost reduction assignments to assure their timely implementation. * Drive overall product cost level to the limits established by the program business case. * Support Program Managers with Risk assessment and Change Management processes impacted by cost reduction subprojects. * Support Program Managers with impact to project cost planning resulting from any cost reduction subprojects. Candidate Skills Leadership & People Management * Delegate efficiently to the team members and stakeholders and hold them accountable to the agreed targets * Resolve conflict between project stakeholders, using cross-functional reviews * Motivate the team to adhere to the agreed plan and deliver per target * Influence decisions to a positive outcome for the project completion * Coaching and leading by example the project team across cultures and geographical regions Communication * Report accurate status of product cost, monitor implementation and escalate to the Leadership team when appropriate. * Lead regular product cost status reviews with the stakeholders. * Prepare and present a formal status report to relevant committees. * Listening to stakeholders’ needs and address concerns * Tailor communication to audience Professionalism & Personal Effectiveness * Work independently with limited to no supervision * Take ownership and be accountable of your commitment and actions * Multitask on multi-projects, multi-customer, multi-region and multi-technologies Cognitive * Analytical thinking and problem solving * Conceptual thinking Candidate Knowledge, Experience & Education Product * University degree or Post graduation with Management or Engineering Degree. Processes & Systems * Project Management experience (min 2yrs) or relevant experience in a similar function (coordination of cross functional team). * Technical savviness, engineering degree is a plus. Need to be able to understand mechatronic product including mechanical, electrical, and software design concepts. * Experience in global company work environment, ability to drive others to execution. * Foreign language fluency – relative to the allocated customer portfolio (English is a must) * IT (Microsoft Project, Excel, PowerPoint, SAP etc.).. * Optional: Six Sigma Certified Garrett is a cutting-edge technology leader delivering differentiated solutions for emission reduction and energy efficiency. We are passionate about innovating for mobility and beyond. With a nearly 70-year legacy, we serve customer worldwide with passenger vehicle, commercial vehicle, aftermarket replacement, and performance enhancement solutions.

Responsibilities

The manager is responsible for owning the overall product cost and driving optimization activities by analyzing current costs, identifying design or sourcing gaps, and coordinating efforts between engineering, procurement, and vendors. Key duties include detailed cost breakdown analysis, benchmarking, identifying cost gaps, and actively driving cross-functional teams to implement cost reduction assignments.