Cost Analyst - Mechanical

• Conduct comprehensive spend analysis with suppliers to identify gaps between supplier pricing and should-cost models.
• Collaborate with Commodity Managers to ensure cost optimization initiatives align with broader commodity strategies.
• Partner with Engineering teams to identify opportunities for specification improvements that drive cost efficiency while maintaining product functionality and quality.
• Evaluate supplier pricing structures and provide actionable insights for cost reduction.
• Analyze product portfolios to eliminate unnecessary SKUs and identify opportunities for consolidation.
• Leverage annual volume forecasts to negotiate improved pricing and capitalize on economies of scale.
• Develop and maintain cost models and dashboards to monitor and report progress on cost reduction initiatives.
• Build and nurture strong relationships with suppliers and internal stakeholders to facilitate collaboration and alignment on cost optimization efforts.
• Costing of sheetmetal, plastic, casting, machined commodities
• Identifying the gaps in the costing from supplier, evaluate the costing, negotiate and align with supplier

What we look for

• Bachelors degree in mechanical engineering (B.E./B. Tech).
• 810 years of proven experience in cost analysis, procurement, or engineering within a manufacturing or industrial environment.
• In-depth knowledge of manufacturing processes for sheet metal, plastic components, casting and machined parts
• Experience in Value Analysis/Value Engineering (VAVE) processes.
• Broad technical expertise in product development, manufacturing, cost analysis, and related areas.
• Proficiency in Microsoft Excel and data analysis software; experience with ERP systems is a plus.
• Strong analytical skills with the ability to interpret complex data and develop actionable insights.
• Knowledge of should-cost analysis methodologies and tools.
• Familiarity with commodity management strategies and supplier negotiations.
• Excellent communication and collaboration skills to effectively engage with cross-functional teams.
• Detail-oriented with a strong focus on delivering results and achieving cost optimization objectives.

Preferred

• Experience in HVAC, building technologies, or related industries.
• Knowledge of lean manufacturing principles and continuous improvement methodologies.
• Understanding of product design and engineering processes.

Johnson Controls is an equal employment opportunity and affirmative action employer and all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, age, protected veteran status, status as a qualified individual with a disability, or any other characteristic protected by law. For more information, please view EEO is the Law. If you are an individual with a disability and you require an accommodation during the application process, please visit www.johnsoncontrols.com/tomorrowneedsyou.