Partner Cost Manager

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  • Location:
    Taipei, Taiwan
  • Alternate Location
    Shenzhen, China & Penang, Malaysia
  • Area of Interest
    Supply Chain
  • Job Type
    Professional
  • Technology Interest
    *None
  • Job Id
    1436087

As a Partner Cost Management Specialist, you will be integral to optimizing Cisco's manufacturing cost strategies. You will drive or play a significant role in the following activities:

Develop and Execute Cost Strategies:

  • Formulate and implement comprehensive cost strategies for outsourced manufacturing services, focusing on both Electronic Manufacturing Services (EMS) and Original Design Manufacturer (ODM) models.
  • Work closely with internal teams to align cost strategies with overall business objectives, ensuring they contribute positively to Cisco's competitiveness in the market.

Cost Negotiation Strategy and Execution:

  • Develop negotiation strategies that achieve or exceed fiscal targets, ensuring cost efficiencies without compromising quality.
  • Lead negotiations with manufacturing partners to secure favorable terms and conditions that support Cisco's financial goals.

Fiscal Planning and Goal Setting:

  • Participate in fiscal planning on a quarterly and annual basis, setting realistic and achievable goals.
  • Analyze financial data to forecast spending and identify opportunities for cost savings.

Monitor and Manage Spend:

  • Oversee spending with manufacturing partners across various categories, including standard costs, New Manufacturing Systems (NMS), New Manufacturing Activities (NMA), and New Product Introduction (NPI).
  • Ensure that all expenditures are within budget and aligned with Cisco's financial policies.

Assess Manufacturing Partner Financial Health:

  • Conduct regular assessments of manufacturing partners' financial stability to mitigate risks and ensure continuity of supply.
  • Provide insights and recommendations based on financial assessments to senior management.

Champion Cost-Reduction Initiatives:

  • Lead Value Engineering (VE) initiatives aimed at reducing transformation costs and improving product margins.
  • Collaborate with cross-functional teams to identify and implement cost-saving opportunities.

Collaboration and Communication:

  • Work in a fast-paced environment with high visibility across Cisco's supply chain and other functions.
  • Collaborate effectively with stakeholders, balancing Cisco's optimization goals with the needs of manufacturing partners to achieve mutual success.

Qualifications:

  • Proven experience in supply chain management, cost strategy development, and financial planning.
  • Strong negotiation skills with a track record of achieving cost efficiencies.
  • Ability to analyze financial data and make data-driven decisions.
  • Excellent communication and collaboration skills to work effectively with internal and external stakeholders.
  • Experience in a fast-paced, high-visibility role is preferred.

Why Cisco?

#WeAreCisco. We are all unique, but collectively we bring our talents to work as a team, to develop innovative technology and power a more inclusive, digital future for everyone. How do we do it? Well, for starters – with people like you!

Nearly every internet connection around the world touches Cisco. We’re the Internet’s optimists. Our technology makes sure the data traveling at light speed across connections does so securely, yet it’s not what we make but what we make happen which marks us out. We’re helping those who work in the health service to connect with patients and each other; schools, colleges, and universities to teach in even the most challenging of times. We’re helping businesses of all shapes and sizes to connect with their employees and customers in new ways, providing people with access to the digital skills they need and connecting the most remote parts of the world – whether through 5G, or otherwise.

We tackle whatever challenges come our way. We have each other’s backs, we recognize our accomplishments, and we grow together. We celebrate and support one another – from big and small things in life to big career moments. And giving back is in our DNA (we get 10 days off each year to do just that).

We know that powering an inclusive future starts with us. Because without diversity and a dedication to equality, there is no moving forward. Our 30 Inclusive Communities, that bring people together around commonalities or passions, are leading the way. Together we’re committed to learning, listening, caring for our communities, whilst supporting the most vulnerable with a collective effort to make this world a better place either with technology, or through our actions.

So, you have colorful hair? Don’t care. Tattoos? Show off your ink. Like polka dots? That’s cool. Pop culture geek? Many of us are. Passion for technology and world changing? Be you, with us! #WeAreCisco 

Message to applicants applying to work in the U.S. and/or Canada:

When available, the salary range posted for this position reflects the projected hiring range for new hire, full-time salaries in U.S. and/or Canada locations, not including equity or benefits. For non-sales roles the hiring ranges reflect base salary only; employees are also eligible to receive annual bonuses. Hiring ranges for sales positions include base and incentive compensation target. Individual pay is determined by the candidate's hiring location and additional factors, including but not limited to skillset, experience, and relevant education, certifications, or training. Applicants may not be eligible for the full salary range based on their U.S. or Canada hiring location. The recruiter can share more details about compensation for the role in your location during the hiring process.

U.S. employees have access to quality medical, dental and vision insurance, a 401(k) plan with a Cisco matching contribution, short and long-term disability coverage, basic life insurance and numerous wellbeing offerings.

Employees receive up to twelve paid holidays per calendar year, which includes one floating holiday (for non-exempt employees), plus a day off for their birthday. Non-Exempt new hires accrue up to 16 days of vacation time off each year, at a rate of 4.92 hours per pay period. Exempt new hires participate in Cisco’s flexible Vacation Time Off policy, which does not place a defined limit on how much vacation time eligible employees may use, but is subject to availability and some business limitations. All new hires are eligible for Sick Time Off subject to Cisco’s Sick Time Off Policy and will have eighty (80) hours of sick time off provided on their hire date and on January 1st of each year thereafter.  Up to 80 hours of unused sick time will be carried forward from one calendar year to the next such that the maximum number of sick time hours an employee may have available is 160 hours. Employees in Illinois have a unique time off program designed specifically with local requirements in mind. All employees also have access to paid time away to deal with critical or emergency issues. We offer additional paid time to volunteer and give back to the community.

Employees on sales plans earn performance-based incentive pay on top of their base salary, which is split between quota and non-quota components. For quota-based incentive pay, Cisco typically pays as follows:

.75% of incentive target for each 1% of revenue attainment up to 50% of quota;

1.5% of incentive target for each 1% of attainment between 50% and 75%;

1% of incentive target for each 1% of attainment between 75% and 100%; and once performance exceeds 100% attainment, incentive rates are at or above 1% for each 1% of attainment with no cap on incentive compensation.

For non-quota-based sales performance elements such as strategic sales objectives, Cisco may pay up to 125% of target. Cisco sales plans do not have a minimum threshold of performance for sales incentive compensation to be paid.

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