Should Cost Manager - Europe

What are we looking for?

We are looking for a highly motivated and engaged Should Cost leader to contribute to Schneider Electric cost competitiveness and productivity through the use of analytics tools used in procurement strategies and negotiations. These analytics tools are called Should Cost because they help the buyers to evaluate what the price of a part/component/service should be.

Your focus area will be on conducting Should Cost analysis for various Fabricated Components & Raw Material categories (such as stampings, plastics, assemblies, copper) for the creation and execution of a cost saving roadmap for the Europe region. You will be based in Budapest (Hungary) as part of the Should Cost team, reporting operationally to Global the Global Should Cost & Analytics Director based in Grenoble (France).

The role is part of a matrix, with contacts and stakeholders across regions and different functions. As Should Cost Manager, you will work closely with category management as well as regional procurement management in order to secure a positive impact and alignment on cost savings roadmap, provide technical / should cost trainings, support on negotiation campaigns and leverage digital analytics tools.

Responsibilities:

• Leadership competencies to manage relationship in a matrix organization and support the internal customers cost analysis in Europe and globally.
• Create, lead, and execute should cost strategy and execute coverage plan for production Procurement commodities.
• Utilize analytic tools and methods to identify productivity opportunities through benchmarking costs. The candidate will leverage internal and external technical experts, buyers experience as well as your own skill set to develop these tools.
• Support supplier negotiations utilizing Should Cost & Clean Sheet analysis to drive fact based sustainable productivity as a strategic business partner.
• Increase Should Cost and Clean Sheet coverage by category
• Identify and lead gap analysis and partner with Category Management to identify actions and timeline to "close the gap".
• Increase the use of Should Cost tools by the Procurement team and lead training and collaborative workshops with Category leaders, Buyers and Suppliers.
• Category scope: Primary focus area will be Fabricated Components (FC), Raw Materials (RM)
• Specific expertise in Should Cost and Cost Model Breakdown / Clean Sheet for Stampings, Sheet Metal, Injection Molding, Steel and Non-Ferrous Raw Material

Qualifications:

• Self-driven / motivated individual with strong communication, collaboration and influence skill set.
• 5-10 Years of Strong Should Cost & Methodology analysis.
• Strong Purchasing / Procurement and strategic sourcing background with proven track record of success. Negotiating skills and experience working in a strategic environment.
• Cost Structure Expert (Value Add, Raw Material, Labor Rates, Machine Rates, Overhead)
• Demonstrated Should Cost calculation experience on Fabricated Components and Raw Material categories and certification on Engineering Software such as Creo, Lantek, Techniquote, aPriori and others.
• Strong Analytical Skills and Excel proficiency for large datasets, curiosity to innovate new formulas for better calculation. Excel - High proficiency to manage big database comparison, VLOOKUP, INDEX MATCH, etc.
• Bachelor's degree in Supply Chain, Engineering, Finance or other related function from a top University with 10+ years progressive experience in Category Management
• Familiar with #Regression Analysis (#Minitab, R Studio). Desired experience in Machine Learning basic foundation for Regression.

Schneider Electric offers a competitive total compensation and benefits package

Let us learn about you! Apply today.

You must submit an online application to be considered for any position with us. This position will be posted until filled.

Why us?

At Schneider Electric we're committed to creating a workplace that gives you not just a job but a meaningful purpose in joining our mission to bring energy and efficiency to enable life, progress and sustainability for all.

We believe in e mpowering our team members to reach their full potential, fostering a sense of ownership in their work.

We embrace inclusion as a fundamental value, ensuring that every voice is heard and valued. We value differences, and welcome people from all walks of life. We believe in equal opportunities for everyone, everywhere.

If you want to be part of a company where your contributions truly matter, where you are empowered to make a difference and where inclusivity is valued, we would love to hear from you.

Discover your M eaningful, Inclusive and Empowered career at Schneider Electric.

34.2bn global revenue
+12% organic growth
135 000+ employees in 100+ countries
#1 on the Global 100 World's most sustainable corporations

You must submit an online application to be considered for any position with us. This position will be posted until filled

Schneider Electric aspires to be the most inclusive and caring company in the world, by providing equitable opportunities to everyone, everywhere, and ensuring all employees feel uniquely valued and safe to contribute their best.

We mirror the diversity of the communities in which we operate and we 'embrace different' as one of our core values. We believe our differences make us stronger as a company and as individuals and we are committed to championing inclusivity in everything we do. This extends to our Candidates and is embedded in our Hiring Practices.

You can find out more about our commitment to Diversity, Equity and Inclusion here and our DEI Policy here

Schneider Electric is an Equal Opportunity Employer. It is our policy to provide equal employment and advancement opportunities in the areas of recruiting, hiring, training, transferring, and promoting all qualified individuals regardless of race, religion, color , gender, disability, national origin, ancestry, age, military status, sexual orientation, marital status, or any other legally protected characteristic or conduct.