Company Description

Fortune Brands Innovations, Inc. is an industry-leading innovation company focused on creating smarter, safer and more beautiful homes and improving lives. Our driving purpose is that we elevate every life by transforming spaces into havens. We believe our work and our brands can have incredibly positive impacts for not just our business and shareholders, but for people and the planet, too.

When you join Fortune Brands, you become part of a high-performing team who are empowered to think big, learn fast and make bold decisions. We support an inclusive and diverse culture where everyone is encouraged and empowered to be their authentic selves, and where our differences and unique perspectives are a key strength.

Explore life at Fortune Brands here.

Job Description

Position location: This position is eligible for a hybrid schedule based out of Deerfield, IL. Effective mid-2025, Fortune Brands will transition to a new world-class campus in Deerfield, bringing together associates from across our U.S. offices, brands, and functions. The campus will offer vibrant workspaces for collaboration, along with amenities for dining, onsite daycare, fitness and recreation.

RESPONSIBLIITIES:

Analyze new and existing supply market data sources in conjunction with best practices to improve current and analyze new and existing supply market data sources in conjunction with best practices to improve current and long-term analytical processes for operational performance.Support and lead development of the analytic network's capability to provide insights that influence actionable outcomes to the supply chain for global sourcing and development strategies.Build cost models using cost modeling software. Lead collaboration with internal customers with insights and opportunities for cost improvements based on the cost analysis build from the cost model.Lead in the development and execution of processes for reporting results of new analytics including supply chain cost modeling, linear price progression (LPP) modeling, supplier workshops and Design to Value (DTV) collaboration.Ensure data is accurate and fact based so that Moen and external vendors can view and leverage high value analytics to drive their decisions for performance enhancements.Develop and implement best practices in supply chain cost modeling and LPP modeling, participate in supplier workshops, Request for Quotes (RFQ’s), Design for Manufacturing/Assembly (DFM / DFA) and operational costs to meet our required specifications and attributes.Support problem solving efforts for both cost and value enhancement opportunities.Develop capabilities for insightful analytics including benchmarking of industry best practices.Support and develop a vision to enhance the product development process through the use of the cost modeling which results in upfront predictive costs for designs and efficiencies in the processParticipate in the definition of standards, procedures and accountability policies.Actively support the development of the Global Sourcing Strategic plan.Develop dashboard to translate business requirements into user-friendly yet information-dense dashboards that drive actionable insights to business users, by utilizing data analytics tools such as QlikSense and Tableau

QualificationsA Bachelor's degree is required (concentration in Business, Engineering or Analytics is preferred); an advanced degree is desirable.Key understanding of cost modeling techniques, processes & software.Minimum of 3 years of experience in a data analytics or production environment is required. An advanced degree can be considered in lieu of experience.Success in using analytics to drive results and increase value in the supply chain:Planning and problem-solving experienceSuperior communication skills, both in written and verbal presentationStrong analytical skills and ability to gather key insights from dataExperience utilizing visualization tools (Tableau, Qlik Sense, Domo)Experience working in a matrixed organization.Experience collaborating and executing ideas cross-functionally is critical.

Additional Information

Fortune Brands believes in fair and equitable pay. A reasonable estimate of the base salary range for this role is Hiring Pay Range: $56,000 - $84,700 USD. Please note that actual salaries may vary within the range, or be above or below the range, based on factors including, but not limited to, education, training, experience, professional achievement, business need, and location. In addition to base salary, employees will participate in either an annual bonus plan based on company and individual performance, or a role-based sales incentive plan.

At Fortune Brands, we support the overall health and wellness of our associates by offering comprehensive, competitive benefits that prioritize all aspects of wellbeing and provide flexibility for our teammates’ unique needs. This includes robust health plans, a market-leading 401(k) program with a company contribution, product discounts, flexible time off benefits (including half-day summer Fridays per policy), inclusive fertility / adoption benefits, and more. We offer numerous Employee Resource Groups to support inclusivity and our associates’ feeling of belonging at work.

Fortune Brands is a brand, innovation and channel leader focused on exciting, supercharged categories in the home products, security and commercial building markets. Our portfolio of brands includes Moen, House of Rohl, Aqualisa, SpringWell, Therma-Tru, Larson, Fiberon, Master Lock, SentrySafe and Yale residential.

Fortune Brands is headquartered in Deerfield, Illinois and trades on the NYSE as FBIN

Equal Employment Opportunity:

FBIN is an equal employment opportunity employer and does not discriminate against any applicant based on race, color, religion, sex, gender identity or expression, national origin, ancestry, age, disability, marital status, protected veteran status, sexual orientation, genetic history or information, or any other legally protected characteristic.

Reasonable Accommodations:

FBIN is committed to working with and providing reasonable accommodation to applicants with disabilities. If you need a reasonable accommodation for any part of the application or interview process, please contact us at [email protected] and let us know the nature of your request along with your contact information. Resumes submitted to this email address will not be responded to.