Sr. Lead/Lead Cost Engineer

You will be responsible for the following in your role: - Possessing technical knowledge of Electrical Motors & their associated manufacturing processes. - Analyzing elements of Product Cost Structure including Material cost, process costs, direct labor, bill of materials, overhead, SG&A, Profit. - Understanding commodity global Market trends & historical datasets for Motors categories. - Maintaining Costing Systems & global database by updating process parameters such as Raw material prices, Machine hour rates, Labor rates, Cost Trends, Freight & Taxes. - Using best industry techniques to establish fact-based pricing positions, best value determinations, and economic sourcing strategies. - Supporting global category and commodity managers in deriving negotiation strategies & actual price negotiations. - Providing should cost information for new product programs to meet target cost & monitoring the commercial gap closure with buyers. - Leading VAVE, teardown, and benchmarking projects using directional costing methodologies. - Analyzing design features & suggesting design changes or ideas for cost reduction. - Developing high-level estimates for tooling and negotiating with tooling vendors. - Facilitating design reviews and workshops within cross-functional teams to drive project execution. - Completing project assignments per established schedules. - Having Pro-E/Creo knowledge is a plus. You will be interacting with the following important stakeholders/key interactions: - Global Commodity Managers - New Product development/R&D Leaders - Global Suppliers The ideal candidate for this position should have: - A 4-Year bachelor's degree preferably in Mechanical Engineering/Production Engineering. - 8 to 13 years of experience in supply chain, Manufacturing Process Plan, and Execution methodologies in the motors commodity. OR - A 4-Year bachelor's degree in Mechanical Engineering/Production Engineering. - A 2-Year Master's Degree in Mechanical Engineering/Production Engineering. - 6 to 11 years of experience in supply chain, Manufacturing Process Plan, and Execution methodologies in the motors commodity. Key technical skills and knowledge required include: - Expertise in should costing methodology and systems (aPriori or equivalent). - Knowledge of various processes & technologies for motors manufacturing. - Ability to identify material used, manufacturing process, etc. - Costing analysis or design-to-cost experience is a plus. - Global insights of the commercial database for major manufacturing processes. - Problem-solving and data analytical skills. - Cost Gap Analysis (Supplier quote vs should cost) and capable of handling supplier negotiations. - Knowledge of international & industry standards. - Component development as per PPAP/APQP. - Proficiency in Creo is a plus. - Project / Program Management skills. - Value Engineering Certification (SAVE) is a plus. - Interpersonal and communication skills with the ability to effectively manage tasks/priorities. - Effective communication in English is a must. - Proficiency in Microsoft Office package - Excel and PowerPoint. Xylem is a Fortune 500 global water solutions company dedicated to advancing sustainable impact and empowering the people who make water work every day. With a commitment to providing smart metering, network technologies, and advanced analytics for water, electric, and gas utilities, Xylem's innovative technology solutions are transforming water usage, conservation, and re-use. Join the global Xylem team to be a part of this transformation and contribute to creating a world where water challenges are met with ingenuity and dedication, driven by the power of inclusion and belonging to compete more effectively around the world.,