Schneider Electric

Product Cost Leader

Schneider Electric$105K — $145K *
Manufacturing & Automotive
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in Engineering
  • Fluency in English
  • Minimum of 2 years of relevant experience
  • Background in Engineering/Industrial fields
  • Familiarity with Purchasing and Finance
  • Project management experience

Responsibilities

  • Oversee product cost calculation from launch to mature production
  • Ensure accurate compilation and challenge of product cost forecast assumptions
  • Serve as an expert and leader within project teams
  • Calculate detailed costs according to Schneider Electric's methodology
  • Share and validate cost evaluations with manufacturing and stakeholders
  • Regularly update cost evaluations throughout project lifecycle
  • Conduct ROI calculations to compare techno-industrial solutions

Benefits

  • Recognition as a Great Place to Work by Fortune
  • Ranked 11th on Glassdoor's Best Places to Work
  • Acknowledged as the Most Sustainable Company in the World by TIME
Full Job Description
For this U.S. based position, the total expected compensation range is $105,000 - $145,000 per year, which includes base salary pay and yearly short-term compensation incentive.

Schneider Electric has a meaningful opportunity available for a Product Cost Leader. You will work for a company consistently rated by Fortune as one of the "Great Places to Work", by Glassdoor as the 11th spot on the "Best Place To Work" and by TIME as the "Most Sustainable Company in the World."

Mission of the Job:
  • The Product Cost Leader oversees Product Cost Calculation for new offers, From Launching to Mature year of production.
  • During new offer development project, ensures that the product cost forecast assumptions and input from architect, design, industrial team, purchasing, plants, hourly rates, supply chain, are properly compiled, accurately consolidated, and strongly challenged during all phases of the OCP process to reach Product Cost Target from marketing.
  • Position in the project as an Expert and as Leader function

Key Objectives
  • Calculate the detailed cost of a new product as per Schneider Electric Methodology
  • Make sure that cost evaluation of a new product with all its assumptions is shared and accepted by the manufacturing plant and the different stakeholders
  • Follow up and update costs during project life, on a regular basis
  • Compares different techno-industrial solutions and find out the best through ROI calculation
  • Collect data from all Schneider sources (Purchase, Finances, Mfg. Plants, Logistics, etc.) including France and other countries and consolidate them.
  • Brings challenges for cost reduction by fixing aggressive but achievable targets
  • Perform value analysis on existing products and set targets to achieve productivity
  • Estimates cost for parts of products localization of rebalancing

PC software literacy
  • MS EXCEL and PPT (Mandatory)
  • Power Query and VBA basic (Nice to have)
  • SAP Basic (Nice to have).

Education:
  • Bachelor's of Engineering

Language:
  • Fluent in English

Background:
  • Knowledge on Engineering / Industrial
  • Knowledge on Purchasing & Finance
  • Project management oriented
  • Minimum 2 years working experience


About Schneider Electric

Schneider Electric is a multinational corporation that specializes in energy management and automation solutions. The company was founded in 1836 and is headquartered in Rueil-Malmaison, France. Schneider Electric offers a wide range of products and services including electrical distribution, automation and control, and energy management. The company operates in over 100 countries and has a strong presence in the industrial and commercial sectors. Schneider Electric is committed to sustainability and has set ambitious targets to reduce its environmental impact. The company has received numerous awards for its sustainability efforts and is recognized as a leader in the industry.
Learn more about Schneider Electric
Size
166,025 employees
Industry
Founded
1836
NASDAQ

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