Should Cost Manager - Electricals & Electronics

What You'll Do

This position will be based in GSC COE Pune and will be responsible for Manger of Electrical & Electronics Should Cost at category level, supporting the activities related to Procurement and Global SCM Projects. This position will play a lead role in scoping, definition, coordination and execution of cost reduction efforts via should cost, standardization, influencing make vs buy decision and supporting second source and supplier consolidation initiatives across multiple categories and business units.

• Develop and execute GPO functional strategy, to support business growth targets
• Provide leadership and guidance for Cost Engineering Function resource planning and competency development.
• Subject matter expert in should costing of Electrical Parts like Motor, wring harness, fuses, transformer, switches, relay etc.
• Good knowledge of Manufacturing process of electrical components.
• Should have knowledge of costing of Plastic, Stamping, Machining & casting parts.
• Build part and product costing models using internal and external sources of information to support the $1.8Bn goal for 2025
• Be the single point of contact for Commodity leaders to drive Total Cost of Ownership of electrical products.
• Act as a Subject matter expert and validate cost estimates based on experience and ensure first time right.
• Have close coordination with technology, manufacturing, sourcing, product management and suppliers
• Build the category Strategy roadmap & plan of action to maximize cost outs
• Establish & maintain a strong knowledge management database which can be leveraged for Sourcing decisions.
• Supporting to bridge the gaps between the Commodity leads and the teams and drive as one team.
• Drive the Supplier Negotiations to support Category managers and successfully realize the savings.
• Shall be responsible for cost out conversion using the Should cost tool and also shall be responsible for ideating many VAVE ideas and getting cost out on the same too.
• Ensure regular governance with the stakeholders to identify the gap and provide support to ensure that the opportunities identified are realized into savings
• Should be strong in Data analytics skill to get meaningful decisions made out of numbers
• Manage at a project level, initiatives requiring multiple cost inputs
• Work collaboratly and be able to communicate effectively globally
• Ensure projects meet their financial & operational goals (KPIs) viz cost out, cost avoidance, productivity gain and on time & accurate deliveries.
• Establish robust capability monitoring mechanism for all the critical process and product parameters.
• Partner with Engineering for should cost analysis on NPI & VAVE Projects Also, lead various initiatives in initiating VAVE ideas by the team to be submitted till approval and implementation
• Drive digital tools & customize digital platforms to enhance productivity.
• Good exposure to data analytics, process automations, macros, etc.
• Should increase category coverage to manage Eaton's Top Spend

Qualifications

Bachelor's in Engineering OR Masters

BE with 13-15 years of experience OR Masters with 10-13 years of experience in manufacturing Industry

Should cost experience of minimum 5-6 years &

Team management 3-4 years of experience

Skills

Expert knowledge about Design for Manufacture & Assembly,Customer Relationship Management, Gap analysis, Spend Analysis, MS Office (Word, Excel,PPT)

Skills Required

cost engineering, Spend Analysis, Data Analytics, Gap Analysis, Customer Relationship Management