Co-op - Cost Model & Data Consolidation

Tekni Plex is a globally integrated company that provides innovative solutions through materials science and manufacturing technologies.

A global leader in the Healthcare and Consumer Product markets, Tekni Plex provides medical device components and a multitude of material science solutions that lead to a healthier and more sustainable world. Its solutions are found in some of the most well‑known names in the Healthcare, Personal Care, Household, and Food and Beverage markets.

Headquartered in Wayne, Pennsylvania, Tekni Plex employs 7,000 people throughout its operations in Belgium, Brazil, Canada, China, Colombia, Costa Rica, Germany, India, Italy, Mexico, Northern Ireland and the United States.

The Cost Modeling & Data Consolidation Co‑op will lead a strategic project to organize, consolidate, and harmonize cost models from approximately ten manufacturing sites within the company’s global packaging network. This role provides hands‑on exposure to operations, finance, and data analytics — helping the organization better understand and compare how each site builds and manages its cost models, and where opportunities exist for simplification and standardization.

The successful candidate will help identify key cost drivers, document decision assumptions, and develop a framework that enables clear visibility into site‑level performance and cost transparency.

• Partner with Finance and Operations leaders at each site to collect current cost model files, structures, and calculation logic.
• Document the format, frequency, and purpose of each model (e.g., quoting, forecasting, product costing).
• Identify commonalities, gaps, and data dependencies among sites.

Key Outcome:
Deliver a comprehensive inventory of all cost models across sites with notes on scope, owner, data sources, and usability.

• Review cost model inputs such as labor, overhead allocation, material usage, and machine rates.
• Compare approaches to identifying cost drivers and evaluate alignment finance, technical and operations teams.
• Visualize differences and highlight potential best practice for analysis and management.
• Recommend a logical structure for consolidating site models into a unified template or tool.
• Map data sources (production data, labor rates, material costs) for integration consistency and controls to ensure ownership of what components of the model.
• Propose standard definitions and guidelines for model updates and version control.

Key Outcome:
Develop a Cost Driver Benchmark Report summarizing the major drivers and assumptions that most influence cost accuracy and decision quality.

Key Outcome:
Produce a draft consolidated cost model framework that demonstrates how key drivers can be compared and rolled up across multiple sites and propose owners for which components and assumptions in the model.

Key Outcome:
Deliver a Cost Model Insights Presentation for leadership summarizing opportunities for standardization and decision transparency.

• Currently pursuing a Bachelor’s degree in Industrial Engineering, Finance, Accounting, Supply Chain, Data Analytics, or Business Administration.
• Strong analytical and quantitative skills; proficiency in Excel, and exposure to Power BI, Tableau, or SQL preferred.
• Detail‑oriented with the ability to interpret and structure financial or operational data.
• Excellent communication and documentation skills.
• Interest in cost modeling, process improvement, and data visualization.
• Comfortable working with cross‑functional stakeholders across multiple sites or time zones.
• Gain hands‑on experience at the intersection of marketing, R&D, finance, operations, and data analytics.
• Learn how manufacturing cost structures are built and used to support pricing, profit analysis, and investment decisions.
• Develop skills in process documentation, data harmonization, and dashboard creation.
• Present analytical insights to senior operations and finance leaders.
• Build a tangible project portfolio document demonstrating impact on operational decision‑making.

PHYSICAL DEMANDS: While performing the duties of this job, the employee is…