The Sr. Material Program Manager (MPM) is responsible for the management and delivery of the product financial health for innovated, highly integrated consumer products.
You have a business orientation and is responsible for working within the local and remote operations, engineering and software teams driving development, implementation and management of the product budget
You are the business voice responsible for capturing, documenting and communicating financial exposures and outlay as it relates to their product
You are involved throughout all stages of the product family's lifecycle to ensure Lab126 achieve all financial targets through end-of-life.
You will support weekly executive product line reviews outlining performance against budget, target and actual cost
Key job responsibilities
Work with engineering and the supply chain team to set program cost targets at a commodity level for your project
Track the program actual costs versus target to identify program deltas and corrective actions to bring back on track
Attend program new product introduction meetings to understand the cost implication of engineering and/or process changes as related to you product fully loaded cost targets
Work with the OEM to set your product purchase order cost for the upcoming period
Manage purchase price variance claims resulting from engineering changes, component obsolescence or forecast variance
Drive the supply chain and operations team to provide detailed cost reduction forecast that enable you to meet and exceed your product goals
Work with the Lab126 Management team to ensure predictable, accurate forecasts for your products
Host weekly executive management cost reviews that deep dive through every aspect of your product BOM cost.
