Manager Cost Engineering at DePuy Synthes focused on embedding cost engineering in procurement processes. Driving value creation and supplier engagement through cost management principles within the organization.
Responsibilities
Act as cost engineering partner to Supply Chain Procurement, providing subject matter expertise across manufacturing technologies and supplier engagements.
Drive alignment with Procurement leadership on Cost Engineering engagement guidelines, prioritisation, and should cost model coverage targets aligned to business needs.
Integrate strategic cost management principles into procurement processes to improve visibility, consistency, and decision making.
Support delivery of Procurement Gross Savings, MMF performance, and development of multiyear value creation pipelines.
Partner with Procurement teams to identify, and structure supplier specific value delivery strategies.
Engage upstream with R&D and Procurement NPD teams to influence cost earlier in the product lifecycle.
Harness the power of Digital and AI to develop world class data driven cost engineering capabilities.
Establish and maintain industry-based cost benchmarks and analytics to support strategic decisions.
Lead should cost modelling and cost analytics to support strategic sourcing, MEP execution, contract renewals, and complex supplier negotiations.
Lead and deliver training to Procurement, SRM, and cross functional teams on cost engineering and use during negotiations to optimise business results.
Requirements
10+ years of experience in manufacturing, cost engineering, sourcing, quoting, or sales engineering environments in a highly regulated industry
Experience of working directly with suppliers is crucial
Deep understanding of Orthopaedics manufacturing processes, including precision machining, fabrication, forgings, and castings.
Strong financial skill with knowledge of product costing, activity‑based costing and strategic cost management principles.
Proven track record to apply advanced cost modelling to supplier negotiations and value creation initiatives.
Experience influencing senior cross‑functional collaborators in a global, matrixed organisation.
Ability to operate independently with accountability for complex deliverables and outcomes.
Full professional proficiency in English.
Benefits
Up to 15% of domestic / international travel may be required
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