Company Description
At Fortune Brands Innovations, we believe that our innovation and success are fueled by the passion of our people and the strength of our teams. Together, we work to fulfill dreams of home by aligning around common goals, being agile in the face of change, holding ourselves accountable, and acting with integrity and transparency. We succeed when everyone belongs and strive to build a Home for All where all associates can be their true, authentic selves at work. Learn more about our culture here
Job Description
The Cost Engineering Manager will lead a team of internal and external Cost Analysts to build and execute cost models related to our external supplier purchased parts. The desired candidate will demonstrate extensive experience in strategic sourcing cost analytics, best practice methodologies, team leadership, and collaboration with internal Sourcing, Engineering, and Business stakeholders in addition to external suppliers.
This position is eligible for a hybrid schedule. You can expect to work Tuesday – Thursday onsite at one of our hub offices: or while Monday and Friday are remote.
- Analyze new and existing supply market data sources in conjunction with best practices to improve current and long-term analytical processes for operational performance.
- Utilize cost methodologies and software tools to provide reliable cost projections to support negotiations with suppliers and strategies in collaboration with Sourcing Category team members.
- Create and support analytical processes, templates, and best practices that encompass elements of RFx, cost modeling, ideation, innovation, process excellence and Design for Manufacturing/Assembly (DFM/DFA).
- Assist in developing and executing processes for reporting results of new analytics including supplier cost modeling, linear price progression (LPP) modeling, ideation, innovation and Design to Value (DTV) collaboration supplier workshops, Request for Quotes (RFQ’s), Design for Manufacturing/Assembly (DFM/DFA) and operations costs to meet our required specifications and attributes.
- Lead benchmarking events based on high value analytics with incumbent and prospective suppliers in an effort to provide feedback on market pricing; ensure information that helps facilitate timely decisions is seamlessly relayed to internal stakeholders.
- Assist in the creation of analytical tools, templates and capabilities for insightful analytics. Participate in the definition of standards, procedures and accountability frameworks.
Qualifications
- 5+ years of experience in global costing analytics/data, preferably with aPriori or similar tools.
- Demonstrated leadership of global teams.
- Bachelor's degree in Supply Chain Management, Business Administration, Engineering, Analytics, or a related field is required.
- Demonstrated success in using analytics to drive results and increase value in the supply chain.
- Experience in introducing new processes to a team or business.
- Experience working in a highly matrixed organization as well as the ability to collaborate and execute ideas cross-functionally is critical.
- Hands on experience with supply chain cost modeling analysis (including tools), LPP’s, RFx, and supplier collaboration.
- Broad understanding of manufacturing processes. Knowledge of Lean/Six Sigma is preferred.
- Strong written and verbal communication, planning and problem-solving skills.
Additional Information
Fortune Brands Innovation (FBIN) is built on industry-leading brands and innovation within our operating segments: water, outdoors and security. We have an impressive track record of strong financial results, market outperformance and growth, which translates into career and professional growth opportunities for associates. Please visit our website at fbin.com to learn more
FBIN is an equal opportunity employer. FBIN evaluates qualified applicants without regard to race, color, religion, sex, gender identity or expression, national origin, ancestry, age, disability/handicap status, marital status, protected veteran status, sexual orientation, genetic history or information, or any other legally protected characteristic.
FBIN is committed to working with and providing reasonable accommodations to individuals with disabilities. If, because of a medical condition or disability, you need a reasonable accommodation for any part of the application or interview process, please contact us at [email protected] and let us know the nature of your request along with your contact information.
What We Do
Fortune Brands Home & Security (NYSE: FBHS) is headquartered in Deerfield, Illinois with operations across the Midwest in the United States and globally. Since becoming a stand-alone company in 2011, we have established a strong track record of growth and success while consistently outperforming our competitors and the marketplace. Our strength comes from a consistent growth strategy focused on innovation, superior execution and high performing teams.
Our purpose is to FULFILL THE DREAMS OF HOME. Delivering on our purpose and strategy starts with our associates who see limitless opportunities to build a great company. Our teams are guided by our values called the 3As, which are fundamental beliefs and behaviors focused on how we conduct business and treat others: 1) ALIGNED - We are collaborative, inclusive, and work decisively. 2) AGILE - We move quickly in an ever-changing business landscape to capture the opportunities ahead. 3) ACCOUNTABLE - We operate with responsibility, transparency, and ownership to deliver results.
An important component of our culture is a strong focus on Diversity, Equity and Inclusion (DEI). At Fortune Brands, our associates are encouraged and empowered to be their authentic selves.
OUR BUSINESS INCLUDES 3 SEGMENTS:
Water Innovations (WINN): WINN designs for water, delivering beautiful products crafted with innovation and efficiency. Brands include Moen and a portfolio of luxury brands under the House of Rohl: Riobel, Rohl, Perrin & Rowe, Shaws and Victoria + Albert.
Outdoors & Security: This business focuses on the attractive outdoor living space with products engineered for a lifetime of outdoor performance, providing homeowners protection and security. Brands include Therma-Tru, LARSON, Fiberon, Fypon, Master Lock and SentrySafe.
Cabinets: MasterBrand Cabinets is the premier kitchen and bath cabinet producer in North America. Our portfolio includes more than 35+ brands.