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Harman International
Novi, MI | Full Time
$133k-162k (estimate)
7 Days Ago
Harman
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Senior Principal Engineer, Product Cost & Value
$133k-162k (estimate)
Full Time | Business Services 7 Days Ago
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Harman International is Hiring a Senior Principal Engineer, Product Cost & Value Near Novi, MI

About The RoleThe Senior Principal Engineer, Product Cost & Value is responsible to define and execute the product value analytics strategy across HARMAN Automotive division considering all regions, business units, and customers.
This role will create “competitive advantages “ by elevating Harman’s current direct material-focused initiatives to:
  • Total value analytics approach with coverage on
    • Functionality
    • Material,
    • Licenses
    • Process
    • Cost of Poor Quality (COPQ)
    • Carbon footprint
  • Automotive product portfolio of high technology products which drives around $1B to $2B in annual material spend at Harman.
This role will be responsible for improving overall profitability, sustainability, and growth of the division by:
  • Developing and implementing advanced product analytics methodologies and frameworks
  • Challenging the status quo, pushing for data-driven decision-making and innovation
  • Conduct in-depth market research and competitive analysis to identify trends, customer preferences, and emerging technologies
  • Ensure operational excellence of HARMAN Automotive’s product analytics
The role is responsible for optimizing an annual spend of $1000M and expected to deliver $150M EBIT improvement over multiple years to enable divisional-level profitability, sustainability, and growth goals.
Your TeamThis position will report to the Product Value Analytics & Benchmarking lead and will be an individual contributor role with no direct or indirect reports.
What You Will Do
  • Define and lead the development of product value models supported by reliable and validated internal/external data
  • Define and drive the HARMAN “best practice” product value reference including BOM, BOL, BOP, COPQ, and Carbon for all the Harman Automotive products across all SBUs
  • Build the product value models for advanced technology products such as:
    • Digital Cockpit
    • Connectivity modules
    • Advanced driver assistance systems (ADAS)
  • Develop, align, and execute a divisional-wide strategy to assemble and enable highly effective cross-functional teams (including Procurement/Engineering/Manufacturing/Account Management) which creates overarching profitability, and sustainability strategies and deliver both commercial & technical measures.
  • Contribute and Co-Leadership with VM teams during the ideation phase to establish reference improvement targets supported by analytical product models
  • Develop close internal collaboration with advanced sourcing engineering and external technical relationships with suppliers to identify best value solutions, including emerging technologies that provide value, CO2e improvements
  • Analyze competitor product benchmark reports/results and analyze best cost engineering results to establish comprehensive product value assessment
  • Lead and drive the technical definition and implementation of product value modeling solutions, including the identification of analytics that enable trend and sensitivity data to be established.
  • Develop and enhance the internal Harman product analysis database
  • Creating professional reliable product value analytics modeling in-house tools and validating 3rd party tools, databases
What You Need
  • Bachelor's Degree in Engineering
  • Minimum 15 years of experience in Product Value Analysis/ Cost Engineering / Value Management / Procurement or Manufacturing / Engineering preferably in the Automotive industry
  • Minimum 10 years of engineering experience working with electrical systems or devices such as Digital Cockpit, Connectivity, or ADAS
  • Experience leading diverse global teams to improve profitability, CO2e initiatives, and innovation
  • Proven technical leadership with demonstrated ability to lead and review cost engineering analysis
  • Demonstrated experience in technology benchmarking of new and emerging technologies.
  • Strong leadership skills with strategic thinking and a track record of driving change orientations
  • Exceptional engaging cross-functional teams including Procurement & Engineering leadership to embrace continuous improvement in a highly competitive environment.
  • Strong negotiation and relationship-building skills.
What Is Nice To Have
  • Master’s degree in engineering or MBA
  • Commercial basics in Procurement, controlling, and accounting
What Makes You Eligible
  • Be willing to travel up to 10% international travel
  • Be willing to work in an office in Novi, MI (Hybrid)
  • Ability to successfully complete a background check and drug screen
What We Offer
  • Access to employee discounts on world-class Harman and Samsung products (JBL, HARMAN Kardon, AKG, etc.)
  • Extensive training opportunities through our own HARMAN University
  • Competitive wellness benefits
  • Tuition Reimbursement
  • Access to HARMAN Campus Fitness Center and Cafeteria
  • An inclusive and diverse work environment that fosters and encourages professional and personal development

Job Summary

JOB TYPE

Full Time

INDUSTRY

Business Services

SALARY

$133k-162k (estimate)

POST DATE

06/21/2024

EXPIRATION DATE

07/18/2024

WEBSITE

harman.com

HEADQUARTERS

PIKEVILLE, KY

SIZE

15,000 - 50,000

FOUNDED

1980

CEO

RAVINDER BHAGRATH

REVENUE

<$5M

INDUSTRY

Business Services

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About Harman International

Headquartered in Stamford, Connecticut, HARMAN (harman.com) designs and engineers connected products and solutions for automakers, consumers, and enterprises worldwide, including connected car systems, audio and visual products, enterprise automation solutions; and services supporting the Internet of Things. With leading brands including AKG, Harman Kardon, Infinity, JBL, Lexicon, Mark Levinson and Revel, HARMAN is admired by audiophiles, musicians and the entertainment venues where they perform around the world. More than 50 million automobiles on the road today are equipped with HARMAN audio... and connected car systems. Our software services power billions of mobile devices and systems that are connected, integrated and secure across all platforms, from work and home to car and mobile. HARMAN has a workforce of approximately 30,000 people across the Americas, Europe, and Asia. In March 2017, HARMAN became a wholly-owned subsidiary of Samsung Electronics Co., Ltd. HARMAN is an Equal Opportunity, Affirmative Action employer. Minorities, women, veterans and individuals with disabilities are encouraged to apply. HARMAN offers a great work environment, challenging career opportunities, professional training and competitive compensation. Looking for a challenge where your experience is valued? Come see what you can achieve as a leader with HARMAN! More
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