Key area responsibility
- Develop, own, standardize and improve challenging Product Should
Cost Models in preparation and during DfX conventions that go clearly beyond
modeling todays As-Is cost but show lowest possible product cost. The result
needs to be accurate, comprehensible, fact-based, and in-time to the DfX
convention schedule.
- Develop and leverage own manufacturing and commodity knowledge
and ensure that the capability and knowledge of internal and external
contributors is optimally used in the product cost modeling process
- Document improvement levers to achieve product should cost by
showing differences to today’s situation
- Support the DfX convention team to achieve the identified cost
reduction opportunities by facilitating a proper hand-over of the product cost
model and the improvement levers and through capability building around cost
modeling
- Support capability building of Philips internal cost modeling
stakeholders beyond DfX conventions by provided trainings
- Support the development and maintenance of a Cost Engineering
community in Philips and adhere and drive standards and road maps e.g. for
tools, customized cost models, and a common Way of Working.
- Create awareness and change attitudes among internal
organization and suppliers as for the necessity and possibilities to improve
cost models and existing cost transparency.
- Develop, maintain and improve knowledge, tools, and methods with
regard to Cost engineering and take ownership of individual knowledge
development efforts.
- Adhere to the GBP and the Procurement Code
Personal Objectives:
1. Contribute to the annual 7.5% cost down target of the total purchasing spend by supporting the DFX teams with “challenging should cost calculations” and show (underpin) improvement levers to achieve the cost down targets.
Measurement: Individual convention results, consolidated DfX results, individual feedback
2. Support the DfX convention team for successful implementation of the product should cost targets e.g. by providing detailed improvement levers , joining supplier visits and negotiations, and developing meaningful calculation scenarios.
Measurement: Implementation success rate, individual feedback
3. Support the DfX Cost Master colleagues, the cost engineering community and additional stakeholders with sharing your knowledge on certain commodities and manufacturing technologies
Measurement: Trainings and coaching provided, lighthouse cases developed, individual requests for support
4. Further develop your personal knowledge spike in <ADD MANUFACTURING TECHNOLOGIES AND/OR COMMODITIES>
Measurement: Individual activities undertaken for knowledge building, trainings participated, knowledge documents published
5. Lead and successfully implement assigned personal knowledge efforts
Measurement: Status of knowledge efforts assigned