Join the legal team at Fraunhofer, supporting various legal processes and contract management. Contribute to research and development projects in wind energy and hydrogen.
About the role
- Lifecycle Cost Manager leading lifecycle cost management for Ford Motor Company. Collaborating with various teams to achieve material cost targets across vehicle programs and product development.
Responsibilities
- Lead the lifecycle target setting process across multiple programs using the “Four Lenses” approach to target setting in collaboration with Program Teams, Product Finance, and Planning & Strategy.
- Serve as the process owner and execution leader for lifecycle cost management across multiple vehicle programs.
- Drive global cost process integration, aligning with Ford's broader product development and cycle planning strategies.
- Conduct financial analysis and lead critical trade-off decisions to ensure programs achieve their material cost targets.
- Support strategic supplier selection and sourcing, actively managing cost changes from initial commitment through launch to ensure material cost objectives are met at start of production.
- Lead supplier workshops and implement “Design for process” initiatives to proactively address potential cost gaps before final supplier pricing.
- Utilize advanced digital ecosystem tools (managed by Global Total Cost) to establish efficient cost baselines, track physical content and sourcing changes, conduct competitive benchmarking, and generate optimal cost estimates.
- Develop ad-hoc “what-if” cost studies to inform strategic and tactical decision-making.
- Champion and implement in-cycle cost reduction ideas (e.g., from Cost Reduction Idea Database) where the business case is strongest, and conversely, integrate promising ideas from program status reviews into earlier development phases.
- Continuously monitor global competitive benchmarking insights to challenge and optimize Ford's content and requirement specifications.
Requirements
- Bachelor’s degree in Engineering, Business Administration, Finance, Supply Chain Management, or a related field, or a combination of equivalent education and work experience.
- 10+ years of progressive experience in automotive or other product development.
- 5+ years of experience supervising and leading technical or analytical teams.
- Master’s Degree in Engineering, Business Administration, or a related quantitative field (even better).
- Proven experience leading large, complex teams or cross-functional initiatives (even better).
- Demonstrated experience in competitive automotive design analysis (even better).
- Direct experience in automotive cost engineering, material costing, or financial analysis within an OEM or Tier 1 supplier (even better).
- A strong blend of engineering principles, program management methodologies, and robust business acumen (even better).
Benefits
- Immediate medical, dental, and prescription drug coverage
- Flexible family care, parental leave, new parent ramp-up programs, subsidized back-up childcare and more
- Vehicle discount program for employees and family members, and management leases
- Tuition assistance
- Established and active employee resource groups
- Paid time off for individual and team community service
- A generous schedule of paid holidays, including the week between Christmas and New Year’s Day
- Paid time off and the option to purchase additional vacation time.
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