What a Product Cost Analyst does at HP:
- Provides overall cost intelligence including projections, trends, and drivers at the product and portfolio level to help drive business decisions. Ensures projections and costs are high confidence.
- Drives cost reduction initiatives.
- Performs and drives analysis of part, product and supply chain costs to provide visibility to cost drivers and opportunities for cost reduction.
- Manages business models and analyses to support proactive supply chain operation activities & projects.
- Clearly explains what changes have occurred between revisions of product costs and proactively identifies cost reduction opportunities.
- Presents information clearly and effectively to management.
- Creates, documents and improves cost tools and processes.
- Builds strong working relationships with R&D, Finance, and Operations partners and management.
Individual who do well in this role in HP, usually possess:
- Bachelor's or Master's degree in Business Management, Engineering, Computer Sciences, Finance or equivalent.
- Typically 3-6 years experience.
- Strong analytical and problem solving skills.
- Business analytics and/or programming skills or advanced Microsoft Office skills, or experience with analytical tools, models and methods for making key business decisions.
- Experience with mapping and optimization of work process a plus.
- Demonstrated experience coordinating and directing matrixed teams and resources.
- Excellent written and verbal communication skills; mastery in English and local language.
- Ability to effectively communicate program plans, proposals, and results, and negotiate options at management levels.
- Ability to get things done in a complex environment.
- Self managed takes initiative.
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