Job Information
Whirlpool Corporation Manager Target Costing in Gurugram, India
Requisition ID: 63213
ABOUT WHIRLPOOL CORPORATION
Whirlpool Corporation (NYSE: WHR) is a leading kitchen and laundry appliance company, in constant pursuit of improving life at home and inspiring generations with our brands. The company is driving meaningful innovation to meet the evolving needs of consumers through its iconic brand portfolio, including Whirlpool, KitchenAid, JennAir, Maytag, Amana, Brastemp, Consul, and InSinkErator. In 2023, the company reported approximately $19 billion in annual sales, 59,000 employees, and 55 manufacturing and technology research centers. Additional information about the company can be found at WhirlpoolCorp.com.
The team you will be a part of
The Procurement team identifies researches and evaluates suppliers that meet the organization's standards of price, quality, timing, and reliability of supply. Recognizes and evaluate sales, promotional campaigns, and other opportunities to secure reduced prices. Assesses supplier's products to ensure that they comply with specifications and meet the organization's quality standards.
This role in summary
Lead the Target costing process for New Project Launches of India through WPD process to ensure product is getting launched at the right Cost. This role partners with Cost modeling ,Engineering ,Commodity ,Product management and Suppliers to ensure optimized BOM cost going from the initial Scoping of the project to each Tool gates of New projects
Your responsibilities will include
KEY ACTIVITIES AND RESPONSIBILITIES :
To work with the global launch teams to understand and achieve product Target costing through Integration events
To prepare and present BOM cost, Cost walk, Cost maturity updates in all project tollgates to make right business decisions
Close interaction with Project Management , Engineering, Cost Modelling , Design, Product Management (Plant Procurement), Commodity and Marketing to get & provide right input at right time in development cycle.
Complete accountability of “Launch on target cost” from Project planning stage to start of Production.
Experience in Cost structure and exposure of components costing, process understanding etc
Basic knowledge of Manufacturing/engineering processes, materials & systems.
Lead workshops on Competition benchmarking and drive results to create VA/VE opportunities for productivity improvements
Identifying and driving cost opportunities within Global Strategic Sourcing, Engineering and Marketing space
Key Deliverables
Cost management
Complete Project BOM cost management
Coordination with Global and India project teams to drive results
Productivity support
Competition Benchmarking
Driving Cost opportunity in NPI to meet the Target cost
Minimum requirements
EDUCATIONAL QUALIFICATIONS & CERTIFICATIONS
BE / BTech from Reputed Institute
EXPERIENCE/ PREFERRED INDUSTRY
8-12 Yrs
Automobile / White goods / Consumer Durable Industry
With Costing experience & Part development knowledge.
Preferred skills and experiences
FUNCTIONAL COMPETENCIES:
Experience in project management and BOM control
Have good analytical knowledge on Cost structures and gap mitigation
Drive VA/VE /Cost workshops for creating value opportunities and competition benchmarking
Close coordination with Engineering on Concept costing
Basic knowledge on complete procurement process
Lead Correlation process with process partners and suppliers
Knowledge on manufacturing process and costing methodology
BEHAVIORAL COMPETENCIES :
Require high caliber presentation skills
Communication skills are a must to deal with global partners.
Project management and organizational skills.
Strong data analytical and critical thinking skills.
Connect with us and learn more about Whirlpool Corporation
See what it's like to work at Whirlpool by visiting Whirlpool Careers (http://www.whirlpoolcareers.com/) . Additional information about the company can be found on Facebook (http://www.facebook.com/WhirlpoolCorp/) , Twitter (http://twitter.com/whirlpoolcorp) , LinkedIn (http://www.linkedin.com/company/whirlpool-corporation/life/) , Instagram (http://www.instagram.com/whirlpoolcorp/) and YouTube (http://www.youtube.com/user/WhirlpoolCorporation) .
At Whirlpool Corporation, we value and celebrate diversity. Whirlpool Corporation is committed to equal employment opportunity and prohibits any discrimination on the basis of race or ethnicity, religion, sex, pregnancy, gender expression or identity, sexual orientation, age, physical or mental disability, veteran status, or any other category protected by applicable law.
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