Meta Platforms, Inc. (Meta), formerly known as Facebook Inc., builds technologies that help people connect, find communities, and grow businesses. When Facebook launched in 2004, it changed the way people connect. Apps and services like Messenger, Instagram, and WhatsApp further empowered billions around the world. Now, Meta is moving beyond 2D screens toward immersive experiences like augmented and virtual reality to help build the next evolution in social technology. To apply, click “Apply to Job” online on this web page.
Responsibilities
- Apply advanced cost management methodologies including target costing, equipment lifecycle TCO, benchmarking, should-cost, supplier cost breakdown, cost driver analysis, competitive bidding and NPV analysis – to support Sourcing Managers to help identify, achieve and validate cost savings.
- Build robust, bottoms-up, should cost models for various hardware and data center equipment including, but not limited to, hardware racks, power devices, Printed Circuit Board assemblies, memory, switches, and data center equipment.
- Partner with engineering to conduct manufacturing and test cycle time assessments/analysis and evaluate yield of manufacturing lines to improve efficiency, optimize costs and build Material Value Add cost models.
- Possess a deep understanding of the technical aspects of hardware products and conduct cost related design workshops with engineering to influence product cost in the early new product introduction phases and propose alternate sourcing strategies, vendors or components.
- Understand key cost and market drivers of various commodities and use that understanding to identify and influence sourcing managers on optimal times to pre-purchase commodities.
- Build comprehensive total cost of ownership models, conduct product lifecycle analysis and perform tradeoff analysis to help inform and influence key business decisions.
- Identify actionable insights and provide summary of trends & observations through cost data interpretation, analysis and research.
- Partner with Sourcing Managers and suppliers to pull together datasets to facilitate this cost analysis and identify opportunities.
- Build benchmarking data related to cost – historic, should-cost, competitive and market – and understand supplier costs, impact of design changes and cost/value drivers for the equipment and services involved.
- Proactively identify process improvements and drive implementation to help make us a more efficient organization.
- Deliver training and coaching sessions to cost analysts and SMs to enhance their cost modeling skills and methodologies.
- Collaborate closely with the Data Science team to develop and maintain a strategic roadmap for cost-related tools and dashboard solutions, ensuring alignment with business objectives.
- As required, through cross functional collaboration and partnership, effectively manage projects to deliver tangible and measurable results.
- 30% Domestic and International travel required.
Minimum Qualifications
- Bachelor’s degree (or foreign degree equivalent) in Industrial Engineering, Supply Chain, Sciences, or a related technical field and 5 years of work experience in the job offered, in a sourcing management or supply chain management related occupation, or a related occupation
- Requires 5 years of experience in the following skills:
- Experience in sourcing management or supply chain management, with a focus on cost management
- Experience in supply chain management and optimization
- Knowledge of cost accounting and economics
- Experience with simulation and competitive analysis, including aPriori, clean-sheet cost modeling, top-down cost modeling, target costing, design-to-cost methodologies, and cost benchmarking
- Proficiency in data analysis and visualization tools such as Excel, Google Sheets, and Tableau
- VAVE (Value Analysis and Value Engineering) experience
- Experience working with computer-aided design (CAD) software such as SolidWorks, CATIA, or Siemens Teamcenter
- Ability to read engineering drawings and CAD files
- Knowledge of manufacturing processes in hardware manufacturing, including mechanical components, PCB assembly, testing, and final assembly through ODMs and suppliers for New Product Introduction (NPI) and Mass Production (MP) products
- Expertise in project and program management principles, and
- Experience in global operations management with expertise in Lean Six Sigma, process improvement, systems/process engineering, and project management