Job Overview
The Should Cost Manager develops a robust costing methodology based on should-costing principles tailored to ICT business requirements. The role enables realistic and achievable cost estimations, highlights areas for improvement through cross-functional teamwork, and provides insights to increase profitability.
Your Main Tasks
Should Cost Model Development and Implementation
- Implement and organize should-cost model and target cost activities with external partners to continuously improve price levels and standards.
- Estimate costs based on defined product bills of materials (BOM), using the should-cost calculation system and database.
- Maintain consistency between costing, product process definition, and support functions' inputs.
- Provide real-time updates, gap analysis, and directional cost assessments to internal customers.
Cost Information Analysis
- Analyse and challenge provided cost information.
- Gather and consolidate part prices, investments, and costing data for defined products and potential industrial paths.
- Monitor cost information status with detailed follow-up and traceability.
Key Function for Engineering, PM, PjM, Procurement and Plant Finance
- Work closely with product engineering during product development to analyse component costs and help drive margin improvement.
- Take part in technical choices and hypotheses during the sourcing phase together with the acquisition team.
- Support sales and purchasing in customer and external supplier negotiations (CBDs).
- Support PjM/PM in preparing CER financials, including risk and opportunity TPA estimates.
- Work with Plant Finance on forward costing opportunities and make-vs-buy decisions.
Team Management and Continuous Improvement
- Enhance and use existing software to support these processes (tSet).
- Keep templates up to date and extend them for project finance activities.
- Manage and coach should-cost engineers.
- Support continuous improvement processes related to tools and methodologies.
Your Ideal Background
- Master's degree in engineering with a specialization in Production and Finance.
- Minimum 5 to 8 years of experience in an industrial environment, including technical experience in production or manufacturing engineering. Automotive industry experience is preferred.
- Technical knowledge of products and manufacturing processes.
- Ability to provide qualitative and reliable information.
- Strong communication skills and autonomy.
- Fluent communication in English.
About TE Connectivity
TE Connectivity is a global industrial technology leader creating a safer, sustainable, productive, and connected future. Its connectivity and sensor solutions enable the distribution of power, signal and data across transportation, energy networks, automated factories, and data centers.
What TE Connectivity Offers
- Competitive Salary Package
- Performance-Based Bonus Plans
- Health and Wellness Incentives
- Community Outreach Programs / Charity Events
- Employee Resource Group
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