Vertiv Holdings Co.

Product Cost Manager

Vertiv Holdings Co.$90K — $120K *
Manufacturing & Automotive
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in engineering or related technical field; Electrical or Mechanical Engineering preferred.
  • 7+ years in Product Cost, Product Management, Engineering, Supply Chain, or Manufacturing.
  • Experience in new product development processes is preferred.
  • Strong problem solving, data analysis, and project management skills.
  • Ability to communicate insights and recommendations effectively through presentations.
  • Experience building cross-functional and cross-regional relationships.
  • Proficient with Microsoft Office (Excel, PowerPoint, PowerBI), Smartsheet, and other applications.

Responsibilities

  • Identify and implement product cost improvement initiatives with cross-functional teams.
  • Develop and analyze product cost comparisons for manufacturing locations and suppliers.
  • Prepare and present on product cost targets and key cost drivers.
  • Monitor product costs during the NPDI process and through the product lifecycle.
  • Explore and execute continuous improvement projects for efficiency and quality.
  • Other assigned duties as needed.

Benefits

  • Collaborative, cross-functional work environment.
  • Opportunities for continuous improvement and professional development.
  • Engagement in strategic priorities focused on customer and operational excellence.
  • Commitment to core principles of safety, integrity, respect, and teamwork.
  • Support for diversity and inclusion initiatives.
Full Job Description
Job Description

Job Title: Product Cost Manager

Function: Racks Product Line / IT Systems

Location: Delaware, OH

Job Summary

The Product Cost Manager is responsible for delivering product cost reductions that meet or exceed targets for the product line. Key activities include analyzing product costs, evaluating the impact of alternative sourcing and/or manufacturing strategies, monitoring actual costs vs. target, and developing and presenting executive level presentations. The role operates in a global and cross-functional environment and requires frequent collaboration with product management, engineering, quality, procurement, and operations.

This position will be based onsite at Vertiv's Delaware, OH office location.

Responsibilities:
  • Identify and drive product cost improvement actions by working with a cross-functional team (notably Product Management, Engineering, Procurement, Operations and Finance)
  • Develop product cost comparisons to evaluate and benchmark manufacturing locations and suppliers
  • Prepare and deliver presentations on product cost targets, key cost drivers, and supporting cost reduction activities
  • Monitor product costs during the NPDI process and throughout the product lifecycle to identify and act on variances
  • Identify and pursue continuous improvement projects that deliver improved efficiency and/or quality
  • Other duties and responsibilities as assigned.

Requirements:
  • Bachelor's degree in engineering or related technical degree; Electrical or Mechanical Engineering is preferred
  • 7 plus years' experience in Product Cost, Product Management, Engineering, Supply Chain, or Manufacturing
  • Experience with new product development processes and activities is preferred
  • Demonstrated competence in problem solving, data analysis, & project management
  • Ability to develop and deliver effective presentations of insights and recommendations, supported by data analysis
  • Experience developing cross-functional and cross-regional relationships to achieve business objectives
  • Proficiency with Microsoft Office suite (Excel, PowerPoint, PowerBI), Smartsheet, and other business applications
  • Excellent communications skills - written & verbal


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

#LI-RB1

About the Team

About Vertiv Holdings Co.

Vertiv Holdings Co. is a global provider of critical digital infrastructure and continuity solutions. The company offers a broad range of products and services, including power management, thermal management, and IT infrastructure management. Vertiv serves customers in a variety of industries, including telecommunications, healthcare, and financial services. The company was founded in 2016 and is headquartered in Columbus, Ohio.
Learn more about Vertiv Holdings Co.
Size
20,000 employees
Market Cap
$7.4 billion
Industry
Net Income
-$183.6 million
Revenue
$4.3 billion

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