We are looking for a Director, Global Variable Cost Productivity (VCP).
As the Director of Global VCP, you will utilize your expertise in business
strategy, COGS management, Operations management, negotiation and contractual process, and market analysis, to enhance organizational profitability on a global scale, In order to provide E2E cost optimization for iTero products and services and improve gross margins of the business.
Your role will involve collaborating with senior management and cross-functional teams to identify opportunities for improving variable costs short and long term, and enhancing efficiency across the organization's value chain.
In this role, you will:
Lead profit expansion across the organization
Lead the development and implementation of strategies to optimize variable costs across all aspects of the business.
Strategic Planning: Work with the relevant stakeholders to develop and implement strategic plans to optimize costs while maintaining product quality, customer satisfaction, and regulatory compliance
Inspect E2E COGS for all iTero products future product COGS reduction, Should Cost modeling and analysis from design drawings/specs, BOM and material spend, and manufacturing process to competitive cost tear down
Establish and lead rigors with iTero leadership staff propose strategic guidance to leadership regarding business decisions
Develop key cost performance indicators (KPIs) for all departments to track progress and performance against targets
Process Improvement: Lead cross-functional teams to streamline processes, eliminate waste, and improve productivity, reducing variable costs and enhancing organizational efficiency
Collaborate with Procurement function to set the roadmap for negotiation, bring business insights, and actively participate with the suppliers negotiations meetings if needed
Cost Reduction Projects: Bring insights to cost reduction projects, including standardization, value engineering, and cost-out initiatives, to achieve targeted savings goals and improve profitability
Risk Management: Identify and mitigate risks associated with variable cost fluctuations
Cross-functional Collaboration: Collaborate with internal stakeholders, including finance, R&D, quality, procurement, product marketing and services, engineering, and production teams, to align variable cost strategies with overall business objectives and priorities
Lead VCP workouts with internal and external functions to create a funnel of initiative to take cost down. Monitor the execution phase of those initiatives to maximize value to the company
Provide leadership and guidance to the team to ensure alignment with company goals and objectives, including global manufacturing sites, locations strategy, ETC
Participate in design reviews and significant design change events, competitors reviews and tradeshows.
As the Director of Global VCP, you will utilize your expertise in business
strategy, COGS management, Operations management, negotiation and contractual process, and market analysis, to enhance organizational profitability on a global scale, In order to provide E2E cost optimization for iTero products and services and improve gross margins of the business.
Your role will involve collaborating with senior management and cross-functional teams to identify opportunities for improving variable costs short and long term, and enhancing efficiency across the organization's value chain.
In this role, you will:
Lead profit expansion across the organization
Lead the development and implementation of strategies to optimize variable costs across all aspects of the business.
Strategic Planning: Work with the relevant stakeholders to develop and implement strategic plans to optimize costs while maintaining product quality, customer satisfaction, and regulatory compliance
Inspect E2E COGS for all iTero products future product COGS reduction, Should Cost modeling and analysis from design drawings/specs, BOM and material spend, and manufacturing process to competitive cost tear down
Establish and lead rigors with iTero leadership staff propose strategic guidance to leadership regarding business decisions
Develop key cost performance indicators (KPIs) for all departments to track progress and performance against targets
Process Improvement: Lead cross-functional teams to streamline processes, eliminate waste, and improve productivity, reducing variable costs and enhancing organizational efficiency
Collaborate with Procurement function to set the roadmap for negotiation, bring business insights, and actively participate with the suppliers negotiations meetings if needed
Cost Reduction Projects: Bring insights to cost reduction projects, including standardization, value engineering, and cost-out initiatives, to achieve targeted savings goals and improve profitability
Risk Management: Identify and mitigate risks associated with variable cost fluctuations
Cross-functional Collaboration: Collaborate with internal stakeholders, including finance, R&D, quality, procurement, product marketing and services, engineering, and production teams, to align variable cost strategies with overall business objectives and priorities
Lead VCP workouts with internal and external functions to create a funnel of initiative to take cost down. Monitor the execution phase of those initiatives to maximize value to the company
Provide leadership and guidance to the team to ensure alignment with company goals and objectives, including global manufacturing sites, locations strategy, ETC
Participate in design reviews and significant design change events, competitors reviews and tradeshows.
Requirements:
Experience in leading cross-functional teams and driving business strategy to optimize organizational performance
Experience in liaising with senior management and setting executive level targets
A bachelor's degree in a relevant field: business administration, finance, economics, accounting, or supply chain management, MBA or relevant advanced degree preferred.
Minimum of 10 years of experience in leading operations, finance, or related field, with a focus on cost management and productivity improvement, preferably in the manufacturing or healthcare industry
Proven track record of developing and implementing successful cost-saving strategies
Strong leadership abilities, Excellent communication, presentation, negotiation, and stakeholder management skills
Strong analytical and problem-solving skills, with the ability to think strategically and drive results in a fast pace environment
Strong understanding of financial analysis, budgeting, and variance analysis. Strong financial and business acumen
Experience in leading cross-functional teams and driving business strategy to optimize organizational performance
Experience in liaising with senior management and setting executive level targets
A bachelor's degree in a relevant field: business administration, finance, economics, accounting, or supply chain management, MBA or relevant advanced degree preferred.
Minimum of 10 years of experience in leading operations, finance, or related field, with a focus on cost management and productivity improvement, preferably in the manufacturing or healthcare industry
Proven track record of developing and implementing successful cost-saving strategies
Strong leadership abilities, Excellent communication, presentation, negotiation, and stakeholder management skills
Strong analytical and problem-solving skills, with the ability to think strategically and drive results in a fast pace environment
Strong understanding of financial analysis, budgeting, and variance analysis. Strong financial and business acumen
This position is open to all candidates.
