Thermo Fisher Scientific · 1 day ago
Sr. Director, Product Cost Innovation
Morrisville, NC
Full-time
Onsite
Director/Executive
15+ years expThermo Fisher Scientific Inc. leads in serving science, with over $40 billion in annual revenue. The Sr. Director, Product Cost Innovation will drive an enterprise-wide portfolio of product cost-out initiatives, implement cost engineering frameworks, and manage key metric dashboards to enhance efficiency and effectiveness across the organization.
Research
Responsibilities
Invent and implement cost engineering frameworks, playbooks, and training programs in Value Analysis / Value Engineering (VAVE), Build-to-Value (BTV), and Build for Manufacturability (BFM)
Establish and manage important metric dashboards and analytics platforms that offer real-time awareness of cost performance, risks, and opportunities. Maintain transparency into key outcomes for executive partners
Champion the adoption of standardization across the team to drive efficiency and effectiveness
Spearhead the discovery, ranking, and implementation of broad cost-saving and value optimization projects
Coordinate steering committee meetings to review project progress, address challenges, and ensure strategic alignment
Inspire change initiatives, embedding continuous improvement and cost rigor across Engineering, Supply Chain, and Operations
Qualification
Required
Bachelor's degree in Engineering or a related field preferred; MBA a plus
15+ years of experience in cost engineering and/or transformation roles, with at least 8 years in leadership of global teams
Established track record of spearheading extensive cost-cutting initiatives and value optimization projects within intricate, multinational companies
Shown capability to align executive collaborators and achieve measurable business results
Skilled in developing and scaling high-performing teams and establishing centers of excellence
Outstanding analytical, communication, and influencing skills; adept at engaging C-suite executives
Cost Engineering & Value Management
Change Leadership & Continuous Improvement
Planning and Implementing Strategies
Development of benchmarks and reporting to executives
Operational Excellence & Supply Chain Optimization
Business Transformation & Financial Competence
Benefits
Competitive pay
Annual incentive program
Healthcare benefits
A selection of employee advantages
Company
Thermo Fisher Scientific
The world leader in serving science To serve science, Thermo Fisher Scientific needs to stay ahead of it, we need to anticipate customer needs.
10001+ employees
H1B Sponsorship
Thermo Fisher Scientific 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
Represents job field similar to this job
Trends of Total Sponsorships
2025 (272)
2024 (224)
2023 (233)
2022 (342)
2021 (315)
2020 (227)
Funding
Current Stage
Late StageLeadership Team
Heather Stewart
HR Business Partner - Global Enterprise Services
Laura Green
Associate Human Resources Business Partner
Company data provided by crunchbase