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Product Cost Leader

Job in Franklin, Williamson County, Tennessee, 37068, USA
Listing for: Schneider Electric
Full Time position
Listed on 2026-06-24
Job specializations:
  • Engineering
    Electrical Engineering
Salary/Wage Range or Industry Benchmark: 105000 - 145000 USD Yearly USD 105000.00 145000.00 YEAR
Job Description & How to Apply Below

For this U.S. based position, the total expected compensation range is $105,000 - $145,000 per year, which includes base salary pay and yearly short-term compensation incentive.

Schneider Electric has a meaningful opportunity available for a Product Cost Leader. You will work for a company consistently rated by Fortune as one of the "Great Places to Work", by Glassdoor as the 11th spot on the "Best Place To Work", and by TIME as the "Most Sustainable Company in the World."

Mission of the Job
  • The Product Cost Leader oversees Product Cost Calculation for new offers, from launching to mature year of production.
  • During new offer development projects, ensures that the product cost forecast assumptions and input from architect, design, industrial team, purchasing, plants, hourly rates, supply chain are properly compiled, accurately consolidated, and strongly challenged during all phases of the OCP process to reach Product Cost Target from marketing.
  • Position in the project as an Expert and as Leader function.
Key Objectives
  • Calculate the detailed cost of a new product as per Schneider Electric Methodology.
  • Make sure that cost evaluation of a new product with all its assumptions is shared and accepted by the manufacturing plant and the different stakeholders.
  • Follow up and update costs during project life, on a regular basis.
  • Compare different techno-industrial solutions and find out the best through ROI calculation.
  • Collect data from all Schneider sources (Purchase, Finances, Mfg. Plants, Logistics, etc.) including France and other countries and consolidate them.
  • Bring challenges for cost reduction by fixing aggressive but achievable targets.
  • Perform value analysis on existing products and set targets to achieve productivity.
  • Estimate cost for parts of products localization of rebalancing.
PC software literacy
  • MS Excel and PPT (Mandatory).
  • Power Query and VBA basic (Nice to have).
  • SAP Basic (Nice to have).
Education
  • Bachelor's of Engineering.
Language
  • Fluent in English.
Background
  • Knowledge on Engineering / Industrial.
  • Knowledge on Purchasing & Finance.
  • Project management oriented.
  • Minimum 2 years working experience.

Schneider Electric aspires to be the most inclusive and caring company in the world, by providing equitable opportunities to everyone, everywhere, and ensuring all employees feel uniquely valued and safe to contribute their best.

At Schneider Electric, we uphold the highest standards of ethics and compliance, and we believe that trust is a foundational value. Our Trust Charter is our Code of Conduct and demonstrates our commitment to ethics, safety, sustainability, quality and cybersecurity, underpinning every aspect of our business and our willingness to behave and respond respectfully and in good faith to all our stakeholders.

Schneider Electric is an Equal Opportunity Employer. It is our policy to provide equal employment and advancement opportunities in the areas of recruiting, hiring, training, transferring, and promoting all qualified individuals regardless of race, religion, color, gender, disability, national origin, ancestry, age, military status, sexual orientation, marital status or any other legally protected characteristic or conduct.

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