Sr. Director, Product Cost Innovation

Work Schedule

Environmental Conditions

Job Description

Thermo Fisher Scientific Inc. leads in serving science with over $40 billion in annual revenue. Our goal is to help customers create a healthier cleaner and safer world. Whether customers are advancing life sciences research tackling complex analytical challenges enhancing patient diagnostics and therapies or improving efficiency in their labs were here to assist. Our distributed team of 125000 colleagues offers a unique blend of cutting-edge technologies convenient purchasing options and pharmaceutical services across our renowned brands like Thermo Scientific Applied Biosystems Invitrogen Fisher Scientific Unity Lab Services and Patheon. Visit for more details.

How will you make an impact

We are seeking a Sr. Director Product Cost Innovation to drive enterprise-wide portfolio of product cost-out initiatives; chair steering committee set priorities and align executive stakeholders to deliver sustained results.

What will you do

• Invent and implement cost engineering frameworks playbooks and training programs in Value Analysis / Value Engineering (VAVE) Build-to-Value (BTV) and Build for Manufacturability (BFM).

• Establish and manage important metric dashboards and analytics platforms that offer real-time awareness of cost performance risks and opportunities. Maintain transparency into key outcomes for executive partners.

• Champion the adoption of standardization across the team to drive efficiency and effectiveness.

• Spearhead the discovery ranking and implementation of broad cost-saving and value optimization projects.

• Coordinate steering committee meetings to review project progress address challenges and ensure strategic alignment.

• Inspire change initiatives embedding continuous improvement and cost rigor across Engineering Supply Chain and Operations.

How will you get here

Education

Bachelors degree in Engineering or a related field preferred; MBA a plus.

Experience

• 15 years of experience in cost engineering and/or transformation roles with at least 8 years in leadership of global teams.

• Established track record of spearheading extensive cost-cutting initiatives and value optimization projects within intricate multinational companies.

• Shown capability to align executive collaborators and achieve measurable business results.

• Skilled in developing and scaling high-performing teams and establishing centers of excellence.

• Outstanding analytical communication and influencing skills; adept at engaging C-suite executives.

• Cost Engineering & Value Management

• Change Leadership & Continuous Improvement

• Planning and Implementing Strategies

• Development of benchmarks and reporting to executives

• Operational Excellence & Supply Chain Optimization

• Business Transformation & Financial Competence

At Thermo Fisher Scientific every single one of our 125000 exceptional minds has a distinct tale to share. Join us and help advance our remarkable missionsupporting our clients in improving the health cleanliness and safety of the world. We offer competitive pay an annual incentive program healthcare benefits and a selection of employee advantages! Thermo Fisher Scientific offers employment opportunities with an inventive forward-thinking organization and exceptional career advancement prospects. We present an engaging company culture that embodies integrity passion engagement and innovation!