Requisition ID: 62776

ABOUT WHIRLPOOL CORPORATION

Whirlpool Corporation (NYSE: WHR) is committed to being the best global kitchen and laundry company, in constant pursuit of improving life at home. In an increasingly digital world, the company is driving purposeful innovation to meet the evolving needs of consumers through its iconic brand portfolio, including Whirlpool, KitchenAid, Maytag, Consul, Brastemp, Amana, Bauknecht, JennAir, Indesit 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

The Senior Cost Analyst is a highly visible position, reporting to the Target Cost Manager in Global Strategic Sourcing (GSS). The primary function of the role focuses on leading the material cost for projects, assisting project teams in the logical and systematic conversion of customer and product requirements into total affordable system solutions through the application of the Target Costing process and necessary analytical support. The Senior Cost Analyst will have a working knowledge of applying the Target Costing process for both new launch and existing products, and will lead cost analysis to enable the project team to reach performance and cost objectives. You will gain broad knowledge, experience, and understanding of Engineering and Manufacturing from a product development standpoint, as well as strong program/project management skills and excellent quantitative analysis/critical thinking capabilities. Highly effective project management, communication and teaming skills are required when interfacing with Product Management as well as process partners in Global Strategic Sourcing (GSS), Marketing, Global Consumer Design, Finance, Engineering, and Manufacturing. The objective of this position is to lead material cost for projects, applying world-class Target Costing processes that enable attainment of sustainable competitive advantage with respect to product cost.

Your responsibilities will include

The objective of this position is to provide leadership over product cost management by:

• Leading the global launch teams to understand and achieve product cost targets, one of the key metrics of every project

• Providing product cost visibility to business leaders across all functions, including, but not limited to: Product Marketing, Platform Engineering, Project Leadership Office, and Global Strategic Sourcing in regular leadership reviews

• Identifying and driving closure to cost opportunities within Global Strategic Sourcing, Engineering, and Marketing spaces

• Leading cost-trade off discussions with leaders in Global Strategic Sourcing, Marketing, Global Consumer Design, Finance, Engineering, and Manufacturing

• Leveraging cost models and other tools to drive Commodity Management personnel to achieve the component target cost

Minimum requirements

• Bachelor’s Degree in Engineering, Supply Chain Management, Finance or Business is required.

• Solid experience in a procurement, operations, manufacturing, and/or supply chain environment.

• Familiarity and/or an understanding with the manufacturing and assembly procedures used to produce components and assemblies.

• Some level of experience in a product development environment is preferred.

Preferred skills and experiences

• Financial analysis skills that center on understanding the financial impact of changes to design specification, manufacturing process, and supply chain costs are also required. Exposure to Activity Based Costing methodologies is a plus.

• Strong computer skills (MS Excel) as well as Google Sheets are required and modeling experience (CAD programs, product evaluation software, etc.) is desirable. Experience with aPriori and related software products is a plus.

• Solid analytical skills and a strong business acumen including experience with lean manufacturing process tools (Toyota approach), design for assembly, design for manufacturing, and manufacturing cost structure analysis are key. Higher grade levels require experience in project management, personnel leadership, and target costing processes.

• Ability to use and demonstrate statistical and problem solving tools is preferred. Ability to lead and train others in the target costing process is necessary.

• Tools and techniques of ccOpex, SAP, and aPriori, Cost modeling methodology are requirements and will be attained through completion of training following entry into this position.

What we offer

Whirlpool is the industry leader in the manufacturing and marketing of home appliances. Whirlpool is a global company and markets Whirlpool, Maytag, KitchenAid, Jenn-Air, Amana, Brastemp, Bauknecht, Consul and other major brand names in more than 170 countries around the world.

Whirlpool is a company that creates innovative solutions and products to meet consumer needs. As a result, we have been recognized as one of the world's 100 most innovative companies by Business Week magazine and the Boston Consulting Group. Additionally, Whirlpool Corporation was ranked among the Top 20 Innovators in Consumer Products by The Patent Board and has been consistently ranked as one of the Top 20 Companies for Leaders by Hewitt Associates and Fortune magazine.

Our unique business strategy provides us with an unmatched leadership position and ability to build and sustain loyalty to our brands. Our strategy allows us to move with greater speed to better serve our trade customers and end consumers around the globe.

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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