Procurement Product Cost Manager at Rolls-Royce driving cost reduction projects and managing financial forecasting. Collaborating with internal teams to deliver strategic cost mitigation.
Responsibilities
Manage the cost forecast of an extensive portfolio of cost reduction and cost mitigation projects and ensure accuracy and credibility of the in-year and long-term product cost forecast.
Lead and support the regular product cost governance with internal stakeholders and provide a clear communication of status including arising opportunities and risks to allow their proactive management to deliver the best outcome for the business.
Work with the Category to generate, develop and execute cost reduction projects and cost mitigation projects.
You will be required to work creatively and proactively champion a wide range of cost opportunities using market intelligence, data analytics and digital tools.
You will also be expected to build an understanding of the Category critical cost drivers (including contractual escalation, contract renewal, directed buy, …) and the Category strategy.
Manage and task Procurement Cost leads reporting you and support their development.
Champion a Cost-conscious culture.
Requirements
A degree (BA level) and/or CIPS qualifications.
Experience of data analysis, willingness to provide hypothesis and identify and articulate financial opportunities.
Good business acumen and desire to develop deep understanding of commercial and financial principles.
Good interpersonal, and people management skills and ability and desire to engage with a wide range of stakeholders at various levels, functions, and areas of the business.
Ability to influence and challenge in a positive manner.
Can work at pace with a level of pragmatism and tenacity.
Transformational mindset, willing to look at alternative approaches and different ways of working, which may challenge the norms and context of today.
A passion for driving change and making a measurable difference.
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