Sr Mgr, Cost Engineering/DtV

Posted 4 Days Ago
Be an Early Applicant
Titusville, NJ, USA
In-Office
122K-213K Annually
Senior level
Healthtech • Biotech • Pharmaceutical • Manufacturing
The Role
Leads the Innovative Medicine Cost Engineering and Design-to-Value center of excellence. Oversees cost structures, should-cost modeling, cost transparency, strategic sourcing initiatives, supplier and market engagement, digital cost engineering tools, training, and team development. Partners with supply chain, procurement, R&D, category teams, and cross-functional stakeholders to identify cost opportunities and support business transformation across pharmaceutical, biotechnology, chemical, and packaging manufacturing portfolios.
Summary Generated by Built In

At Johnson & Johnson, we believe health is everything. Our strength in healthcare innovation empowers us to build a world where complex diseases are prevented, treated, and cured, where treatments are smarter and less invasive, and solutions are personal. Through our expertise in Innovative Medicine and MedTech, we are uniquely positioned to innovate across the full spectrum of healthcare solutions today to deliver the breakthroughs of tomorrow, and profoundly impact health for humanity. Learn more at jnj.com

As guided by Our Credo, Johnson & Johnson is responsible to our employees who work with us throughout the world.  We provide an inclusive work environment where each person is considered as an individual.  At Johnson & Johnson, we respect the diversity and dignity of our employees and recognize their merit.

Job Function:

Procurement

Job Sub Function:

Strategic Sourcing

Job Category:

Professional

All Job Posting Locations:

Titusville, New Jersey, United States of America

Job Description:

We are searching for the best talent for Senior Manager, Cost Engineering/DTV to be in Zug, Switzerland; Titusville, US NJ; Cork, Ireland; Leiden, Netherland; Beerse, Belgium; Latina, Italy  

Job Overview: 

The Senior Manager Cost Engineering is responsible for leading the IM Cost Engineering/DTV centre of excellence setting and driving aligned business priorities and strategic initiatives in support of our IM Supply Chain, IM SC Procurement and R&D partners 


Key Responsibilities: 

  • Collaborate closely with Innovative Medicine Supply Chain Category Leads to enhance application of Cost Engineering, design to value and strategic cost management principles in the base business and in the NPDs. 
  • Operational lead, setting and driving aligned business priorities for function in support of Innovative Medicine Supply Chain and R&D in support of value delivery objectives 
  • Lead in the development and governance of Innovative Medicine Cost Engineering cost structures across all IM SC categories. 
  • Project lead for critical cost engineering initiatives and support deliverables for IM business transformation strategies. 
  • Collaborate with cross-functional teams in the development of strategic plans to address cost opportunities identified through the cost modeling and supplier cost transparency analytical process, leveraging strategic cost management principles. 
  • Work with Category teams to plan and develop strategic competitive market engagement strategies.  
  • Construct should cost modelling benchmarks / design for value for commodities and products across Innovative Medicine business portfolios. 
  • Analyze product specifications to prepare accurate global cost benchmarks utilizing available cost data and technical resources.   
  • Lead responsibility / oversight for Cost Engineering digital technologies (Siemens PCM, Central supplier cost transparency database, future integration opportunities with IM PRISMA 360 / data asset) 
  • Cost Engineering training lead / setting training priorities with Global category leads 
  • Responsible for onboarding, mentoring and leading the CE resources 

Qualifications / Requirements: 


Education / Certification: 

  • Master of Engineering  / Bachelor’s in Engineering or Biological Sciences degree is required 
  • Lean Six Sigma Green Belt or Black Belt preferred 
  • CPSM certification preferred 

  

Experience / Qualifications: 

  • Minimum 15 years work experience in a manufacturing environment with detailed process knowledge across multiple manufacturing technologies. 
  • Minimum 5 years of practical should cost modeling experience in a manufacturing company. 
  • An understanding of activity-based cost accounting principles to provide product cost modeling & analytics for procured materials and products, is preferred.  
  • Requires a broad knowledge of biotechnology, pharma, chemical and / or packaging manufacturing processes. 
  • Negotiation skills, with the ability to create fact-based rationales.  

Leadership Capability:  

  • Proven interpersonal, relational, and communication skills to influence and align with key value chain stakeholders & partners 
  • Ability to work independently and manage multiple projects in a complex, highly matrix, virtual, organization where priorities change rapidly, and tight deadlines exist is required 

What We Offer: 

  • Competitive salary and benefits inclusive of performance-based incentives. 
  • Opportunities for professional growth within a collaborative work environment. 
  • A commitment to diversity and inclusion in our hiring and workplace practices. 

Join us as we continue to innovate and improve the lives of patients worldwide! 

Required Skills:



Preferred Skills:

Business Data Analysis, Business Savvy, Category Management Strategy, Consulting, Cost Management, Cross-Functional Collaboration, Facilitation, Market Savvy, Negotiation, Organizing, RFx Management, Risk Management, Spend Analysis, Strategic Sourcing, Supplier Collaboration, Team Management, Technical Credibility, Vendor Management, Vendor Selection

The anticipated base pay range for this position is :

$122,000.00 - $212,750.00

Additional Description for Pay Transparency:

For additional general information on Company benefits, please go to: - https://www.careers.jnj.com/employee-benefits

Skills Required

  • Master of Engineering or bachelor's degree in Engineering or Biological Sciences
  • Minimum 15 years of work experience in a manufacturing environment
  • Minimum 5 years of practical should-cost modeling experience in a manufacturing company
  • Detailed process knowledge across multiple manufacturing technologies
  • Broad knowledge of biotechnology, pharmaceutical, chemical, and/or packaging manufacturing processes
  • Negotiation skills and ability to create fact-based rationales
  • Strong interpersonal, relational, and communication skills to influence stakeholders
  • Ability to work independently and manage multiple projects in a complex, matrixed, virtual organization
  • Lean Six Sigma Green Belt or Black Belt
  • CPSM certification
  • Understanding of activity-based cost accounting principles

Johnson & Johnson Compensation & Benefits Highlights

The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Johnson & Johnson and has not been reviewed or approved by Johnson & Johnson.

  • Healthcare Strength — Healthcare coverage is characterized as comprehensive across medical, dental, and vision, with added supports like onsite clinics, fitness centers, and Employee Assistance resources. Mental-health services and wellbeing reimbursements are also described as meaningful components of the overall package.
  • Retirement Support — Retirement offerings are portrayed as a major differentiator, combining a 401(k) with employer matching and an employer-funded pension plan. Stock options and other long-term financial supports are also positioned as part of the broader rewards mix.
  • Parental & Family Support — Family-related benefits are presented as notably strong, including paid parental leave for all new parents and additional leave types for caregiving and bereavement. Financial assistance for adoption, fertility treatment, and surrogacy is highlighted as a significant support.

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The Company
HQ: New Brunswick, NJ
143,612 Employees
Year Founded: 1886

What We Do

Profound Change Requires Boldness. Johnson & Johnson is the largest and most broadly based healthcare company in the world. We’re producing life-changing breakthroughs every day, and have been for the last 130 years. The combination of new technologies and your expertise enables amazing things to happen. Teams from J&J’s consumer business are creating digital tools to help people track the health of their skin. Those working in medical devices are 3-D printing artificial joints personalized for each patient, while researchers in pharmaceuticals use AI to discover lifesaving drugs. Imagine what the rest of our team of 134,000 people at 260 companies in more than 60 countries across the world is accomplishing. We redefine what it means to be a big company in today’s world. Social Media Community Guidelines: http://www.jnj.com/social-media-community-guidelines

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