Philips
Cost master - India
Job Description
**#EOS**
**#PHILIN**
**Job title:**
Cost master
**Your role:**
**Job Responsibilities:**
* Develops detailed product cost models, tracing costs across the product hierarchy and throughout the supply chain to offer a comprehensive understanding of the landed product cost.
* Conducts thorough visits to supplier sites, employing hands-on verification of assumptions, meticulous assessment of actual process costs, and the necessary adjustments to refine and enhance the accuracy of the product cost models.
* Prepares the commodity team for effective price negotiations with suppliers, supporting the creation of fact pack documents that serve as invaluable negotiation aids, while standing ready to provide on-the-spot assistance during negotiations.
* Engages in comprehensive outside-in analyses of product costs, leveraging insights to inform negotiation strategies and unearth potential avenues for cost reduction, thereby contributing to enhanced procurement outcomes....
**#PHILIN**
**Job title:**
Cost master
**Your role:**
**Job Responsibilities:**
* Develops detailed product cost models, tracing costs across the product hierarchy and throughout the supply chain to offer a comprehensive understanding of the landed product cost.
* Conducts thorough visits to supplier sites, employing hands-on verification of assumptions, meticulous assessment of actual process costs, and the necessary adjustments to refine and enhance the accuracy of the product cost models.
* Prepares the commodity team for effective price negotiations with suppliers, supporting the creation of fact pack documents that serve as invaluable negotiation aids, while standing ready to provide on-the-spot assistance during negotiations.
* Engages in comprehensive outside-in analyses of product costs, leveraging insights to inform negotiation strategies and unearth potential avenues for cost reduction, thereby contributing to enhanced procurement outcomes....