Your future area of responsibility includes:

• Conduct in-depth analysis of spend and cost structures for a diverse portfolio of legacy electrical and electronic products and components.

• Identify, evaluate, and implement robust cost-saving initiatives, such as supplier negotiations, alternative sourcing, value engineering, and process or design optimization—drawing on deep sector knowledge.
• Strategically partner with the Purchasing Manager to set priorities and build actionable, high-impact cost-down plans.
• Engage closely with product engineering and production teams, applying advanced design for assembly and electrical/electronic manufacturing principles to maximize cost reductions and enhance product quality.
• Facilitate integrated efforts with engineering, quality, and manufacturing teams to develop sustainable and scalable solutions.
• Lead supplier negotiations based on prior extensive experience in the electrical and electronic industries, achieving optimal value while maintaining standards for reliability and compliance.
• Systematically document and report progress on all cost reduction initiatives, presenting clear, quantitative updates to leadership throughout the project duration.
• Ensure strict compliance with company policies, safety protocols, and relevant industry regulations for all implemented changes.
• Deliver a comprehensive final report summarizing strategies, outcomes, and practical recommendations for maintaining cost savings post-project.
• If time permits, assist with sourcing of additional components beyond the scope of legacy products, collaborating with the Purchasing Manager and relevant teams to identify opportunities for improved value and supply chain efficiency.