Product Cost Specialist - Switchgear

Product Cost Specialist

• Switchgear at Vertiv Corporation Product Cost Specialist
• Switchgear at Vertiv Corporation in Anderson, South Carolina Posted in 1 day ago.

Job Description:

Job Description

POSITION SUMMARY

The Product Cost Specialist

• Switchgear primary focus is to support the SWGR Cost Manager
• UL to hit product cost targets through collaboration with Engineering, Procurement, and Operations to position our product costs below that of competition.

Reporting to the Global Product Management Director, and following day to day guidance of the SWGR Cost Manager, this role supports the overall process of Product Cost reporting, review, and prioritized cost improvement action execution for the assigned group of products. Supporting a robust product costing program, this role will ensure that Vertiv is able to manufacture best cost-competitive products with a focus on: (1) Driving reduction in product cost, closely collaborating with Regional Strategy (quotations team), Order Engineering, R D, Procurement, Operations, and Finance to position our products below that of our competition, and (2) Ensuring offering managers and other business stakeholders have a clear understanding of product costs and the elements of those costs including material and manufacturing costs. (3) Support reporting on R D development projects as it pertains to cost estimates and project cost controlling. (4) Work closely with operations and procurement to ensure that the functional design building blocks are properly costed and represented in the CPQ Configuration tool. (5) Support the Cost Manager and report on list price activities and price realization associated with VCM (variable cost margin) calculations. (6) Support the Cost Manager's activities associated with VAVE (Value Add Value Engineer) activities across the business with key stakeholders and action owners.

Responsibilities:

Support product cost reporting capability and cadence of review. (Continual cost & margin monitoring). Link this back to monthly VCM measures. Perform cost variance reporting. Understand product cost structure, identify, and analyze quarterly variances. Establish product cost comparison among different manufacturing plants internally and externally, including outside purchase/manufacturing options. Work with product cross-functional team (notably Regional Strategy (pricing), Order Engineering, R D, Procurement, Operations and Finance) to identify and drive product cost improvement metrics and actions. Coordinating the identification, reporting, and execution of VAVE (Value Analysis/Value Engineering) cost reduction projects and their financial impact. Reviewing and advising on target product cost as part of NPDI and throughout the lifecycle of the product. Report on R D budgets including time, material and lab test time. Ensure financially that projects stay on track and under budget.

Requirements:

B.S. in Engineering or General Management preferred, equivalent experience in product engineering and manufacturing. Financial experience in the greater NEMA Electrical Manufacturing space. Demonstratable experience in Engineering / Supply Chain or Manufacturing Operations and working with cross-functional teams to identify and execute priority actions. Experience in analyzing and driving improvement in data reporting with Finance and IT systems. Ability to deliver effective presentations of findings and recommendations by creating visual summaries of quantitative cost information. Build and continually improve dashboards to provide insight. Ability to drive and accept change, continuous improvement processes. Must have demonstratable skills with Microsoft office applications, particularly Excel. Smartsheet and Power BI experience beneficial. Oracle knowledge is a plus. Be curious and self-motivated for training opportunities based on job requirements and ancillary topics. Lifelong learner.

Preferred Qualifications:

Comfortable working autonomously. Excellent interpersonal skills and the ability to influence work colleagues at all levels. Experience in introducing new processes to an existing organization. Proven problem-solving abilities. PLM Process (product lifecycle management) and launch as well as phase out products. Power distribution industry experience (electrical apparatus equipment 600V and below) or similar experience. Electrical components knowledge in the power distribution space (breakers, meters, transformers, etc.) is another nice to have but now a must.

PHYSICAL & ENVIRONMENTAL DEMANDS

No special physical requirements

TIME TRAVEL REQUIRED

< 5% The successful candidate will embrace Vertiv's Core Principals & Behaviors to help execute our Strategic Priorities.

OUR CORE PRINCIPALS

: Safety. Integrity. Respect. Teamwork. Diversity & Inclusion.

OUR STRATEGIC PRIORITIES

• Customer Focus
• Operational Excellence
• High-Performance Culture
• Innovation
• Financial Strength

OUR BEHAVIORS

• Own It
• Act With Urgency
• Foster a Customer-First Mindset
• Think Big and Execute
• Lead by Example
• Drive Continuous Improvement
• Learn and Seek Out Development About Vertiv Vertiv is a $10.

2 billion global critical infrastructure and data center technology company. We ensure customers' vital applications run continuously by bringing together hardware, software, analytics, and ongoing services. Our portfolio includes power, cooling and IT infrastructure solutions and services that extends from the cloud to the edge of the network. Headquartered in Columbus, Ohio, USA, Vertiv employs around 20,000 people and does business in more than 130 countries. Visit Vertiv.com to learn more. Work Authorization No calls or agencies please. Vertiv will only employ those who are legally authorized to work in the United States. This is not a position for which sponsorship will be provided. Individuals with temporary visas such as E, F-1, H-1, H-2, L, B, J, or TN or who need sponsorship for work authorization now or in the future, are not eligible for hire. Equal Opportunity Employer 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 help.join@vertiv.com. #LI-RB1 About the Team Work Authorization No calls or agencies please. Vertiv will only employ those who are legally authorized to work in the United States. This is not a position for which sponsorship will be provided. Individuals with temporary visas such as E, F-1, H-1, H-2, L, B, J, or TN or who need sponsorship for work authorization now or in the future, are not eligible for hire. Equal Opportunity 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.