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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