107 applicants

Company

Original Job Post

Meta · 3 days ago

Product Cost Engineer

Sunnyvale, CA

Full-time

Onsite

Mid Level

$167K/yr - $230K/yr

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Comp. & Benefits

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Responsibilities

Responsible for setting and driving cross-functional teams to meet BOM+MVA, CapEx, and OCOGS cost targets at the product and commodity level

Track actual costs versus targets and coordinate with cross-functional stakeholders to develop cost optimization plans to close these gaps and achieve targets

Outline, report and track all program risks & opportunities related to product cost and execute to program completion

Lead cross-functional cost reviews to report out actual versus target cost, risks and opportunities, and cost optimization plan updates for each product

Work with both GSM and Engineering to drive updates to a product’s SPOR as needed and identify postmortem feedback for the next related product’s SPOR

Drive the supply chain and operations teams to provide detailed cost reduction forecasts that enable you to meet and exceed your product goals

Track CapEx actuals to budget and identify opportunities for CapEx reduction and reuse on future products

Qualification

Find out how your skills align with this job's requirements. If anything seems off, you can easily click on the tags to select or unselect skills to reflect your actual expertise.

Product Cost ManagementProduct KnowledgeSupply Chain OperationsProgram ManagementMicrosoft OfficeSQLProblem SolvingAnalyticalCommunicationCross-functional CollaborationAdaptabilityPrioritizationCommodity ManagementODM ManagementERPPLMCompetitive AnalysisShould CostDesign to Cost

Required

BS or higher in Electrical Engineering, Mechanical Engineering, Manufacturing & Operations Engineering or equivalent experience

Experience in a product cost management role

Knowledge of product features/specifications, BOM cost categories, operations and supply chain

Cross-functional working experience to drive a program

Problem solving, analytical and communication experience

Proficiency in Microsoft Office suite: Word, PowerPoint, Excel and SQL

Experience navigating ambiguity in a fast-paced environment and prioritize multiple work threads to maximize impact

Preferred

Master’s degree, MBA

Experience working with key commodity management or CM/ODM management

Knowledge in ERP and PLM tools

Experience in competitive analysis, should cost, and design to cost methodologies

Company

H1B Sponsorship

Meta has a track record of offering H1B sponsorships. Please note that this does not guarantee sponsorship for this specific role. Below presents additional info for your reference. (Data Powered by US Department of Labor)

Distribution of Different Job Fields Receiving Sponsorship

Trends of Total Sponsorships

2023 (2750)

2022 (5507)

2021 (798)