About The Role
Linking with development, marketing and finance to translate and consolidate data in financial project and product information to provide transparency about cost, efficiency and profitability.
Activities
The impact you’ll make:
Estimates the cost of new propositions, new technologies and new products.
Consolidates the Total Cost of Ownership for projects prior to launch in due time according to the
development phase and project planning.
Delivering cost efficient alternatives, ensuring fit to purpose.
Report and alert cost evolution, gap to target, risks and opportunities during product development.
Create financial simulations to enable make or buy decisions in due time along the development process.
Support the animation and renovation projects led by the LCM team.
Benchmarking Activities
Provides should cost (benchmark) calculations and brown field estimations of parts, products or changes
to support negotiation with (potential) suppliers.
Participate in cost gap analysis between Philips branded products and competitors’ products
Interactions
Collaborate with the project leader, the operations team (industrialisation, procurement, supply chain) to
calculate the cost of the product ‘s Bill of Materials
The Skills And Knowledge You’ll Bring