The Economics Manager is responsible for managing cost development (cost loops and
assessments) for programs up to and including the contract commitment milestone. Activity
begins with Intention Milestone and continues through Contract Commitment Milestone and
potentially to the end of life for a vehicle program. The Manager will own the target
development process to ensure total production cost and supplier tooling costs are
complete and rational to support the business case. The Manager will work with multiple
cross functional organizations and all levels of management from senior executives to
product Design and Release Engineers.
Critical skills:
Develop component level cost targets, applying vehicle top-down budget allocation.
Understand and apply reference vehicle data and Low Cost Country savings to EBOM
component level data. Understanding of vehicle construction by systems (Body, Chassis,
Powertrain, Interior, etc) and subsystems (Underbody, suspension, trim, cooling, HVAC,
etc). Understand part break up of vehicles and how they are assembled. Ability to identify
and organize technical commodities into their functional purpose. Identify and propose
design alternatives to meet and exceed aggressive cost targets Lead cross functional team
reviews of cost status to target, component sourcing, governance cost report outs.
Methodology/Tools Expertise:
Familiarity with finance terminology
Experience using financial management systems (Fastcar2 is preferred)
Tooling and variable cost estimating