Business Enterprise Cost Leader

We are pioneers, inventors, and true innovators. The Garrett name has been synonymous with advancing motion by revolutionizing the engine through turbocharger development. Now, as an independent company, Garrett – Advancing Motion (GTX) continues that reputation of being ahead of the technological curve and will vigorously pursue opportunities to provide electric boosting and automotive software solutions. We are a cutting-edge technology provider that enables vehicles to become safer, more connected, efficient and environmentally friendly. We lead the development of innovative and differentiated solutions which empower the transportation industry to redefine and further advance motion.
Garrett enjoys longstanding collaborative relationships with leading global automakers and has a proven track record of operational excellence. It currently serves approximately 40 global automakers with 13 well-positioned manufacturing plants and five research and development centers to meet worldwide demand. In addition to its original equipment manufacturer (OEM) customers, Garrett also provides replacement parts to the global independent aftermarket meeting a range of end-customer needs. Garrett is a legendary turbo brand within the performance and enthusiast community. Its aftermarket performance portfolio serves OEM factory teams competing at the highest levels of international competition as well as private grassroots racers and tuners seeking improved engine performance.
Our technology portfolio has three main segments: Turbo Technology covering the broadest range of engine applications, Electric and Hybrid for the increasingly stringent emissions standards requiring auto manufacturers to develop more efficient solutions, and Connected Vehicles for Vehicle Health Management and Cyber-security solutions.
Garrett has more than 7,500 employees including some 1,200 engineers contributing to 1,400 issued or pending patents, and 100 new applications annually, including over 50,000 turbocharger units a day that amount to more than 100 million Garrett turbos in use globally. In 2017, Garrett revenues were approximately $3.1 billion.

What Is The Role We’re Hiring?
Reporting to the Vice President/General Manager for the Commercial Vehicle (CV) Global Business Enterprise (GBE), the Cost Leader will be responsible for maximizing the profitability within the vertical with optimized material costs and price.
Responsibilities:

1) Post SOP Material Margin Management
- Responsible for business Key Performance Indicators (KPIs) such as: Material Margin %, Cost Out Road-map dollars achieved, Value Engineering and Re-Sourcing dollars (pipeline and execution)
- Ensures, through Customer Program Managers (CPMs) and Technical Program Managers (TPMs), monthly project updates using Garrett tools: Material Margin Tracker, Product Quotation Form (PQF) Manager, transactional price tracking tool.
- Drive GBE Value Engineering Management Operating System (MOS): weekly team review, escalations, deep-dive
- Ensure key actions are tracked in the eLaunch tool, escalate in Tiered Accountability Meetings (TAM) level 3 > 5, as appropriate
- Drive reviews on Material Margin improvement on Top 20 GBE Applications, set proper MOS and ensure cross-functional attendance
- Monitor with Finance, Material Margin per Customer Account, and drive appropriate mitigation plan
- Track key Material Margin driver, for example, volumes, pricing, Fx, material cost.

2) Support Bids & New Product Introduction (NPI) Phases
- Manage, coach and develop the GBE Product Cost Leaders (PCLs) who are responsible for establishing the Bill of Material cost targets during bid phase.
- Work with Program Managers (PMs) to ensure cost targets are met, tracking material margin at Award through SOP, drive mitigation and escalate gaps as appropriate
- Implement audit plan for adherence to the Transactional Pricing process in SalesForce.com (SFDC), assess and drive progress for optimal transactional pricing, working with the Customer Management team.

3) Continuous improvement
- With her or his peers, enhance PCL tools and database for efficiency and accuracy improvements
- Drive Value Engineering and Re-Sourcing ideation process and new initiatives to increase pipeline

4) People Management
- Responsible for the functional management of the PCLs, actively involved in the recruitment, coaching, development, goal setting, and performance evaluation.
- Ensure process adherence throughout the GBE organization.

Who Are You?
• You are growth and business oriented: You set ambitious goals and then are persistent, persuasive, and creative in the pursuit of those stretch goals. You’re known for consistently delivering high quality results
• You are customer centric: You strive to see things through the customers eyes, and challenge internal processes, metrics and functional views to align to our customers’ needs
• You learn and innovate: You are curious and innovate by looking at things in different ways so that individually as an organisation you push to seek new information, learn, and adapt. You harness this curiosity to improve efficiency, enhance innovation, and expand opportunities for personal growth
• You are transparent and take ownership: You take responsibility and don’t blame others, accepting ownership and cutting across silos to achieve expected results. You communicate the facts courageously with clarity and transparency
• You demonstrate passion and engagement: You bring a noticeable high level of energy to your work and are able to inspire others about their role and the goals they are striving to achieve. You recognize the achievements of others and celebrate success. You are seen as someone people want to work with, or work for
• You act with speed and thoughtfulness: Speed matters! You move fast in everything you do; not waiting for tomorrow if you can make a difference today. You believe in thoughtful strategy; clearly prioritizing what you will and will not do
• You have courage and resilience: You are bold and challenge the status quo, bringing breakthrough ideas, projects and pushing boundaries. You find ways to achieve difficult things rather than give up and say it’s not possible. You pursues big goals in spite of risk of failure and then learn from setbacks and bounce back when you are not initially successful.

You have these Basic Qualifications:

- Bachelors Degree in Engineering (Preferred Mechanical), Economics, Finance, Sourcing or similar
- 5+ years experience in Sourcing, Program Management, Customer Management , Engineering, or Operations in the automotive industry
3+ years experience in managing teams in challenging technical and global environments

Additional Preferred Qualifications:

- Advanced level of verbal and written communication skills, conflict resolution abilities and group facilitation skills. Language - Fluent English.
- Comfortably interacts with cross functional teams at all levels of organizational structure.
- Team oriented and demonstrated ability to coordinate and motivate multiple functions.
- Strong analytical skills: in-depth understanding of key financial and technical cost drivers, and ability to link to GBE, customer teams, SBM and corporate financials.
- Demonstrates Leadership on successfully managing high level plan and execution management for multiple projects.
- In depth understanding of product total cost structure, value and price assessment, Product and Application Business cases.