• Managing material cost data and analytics for bi-annual material reviews and negotiations, adhering to key timelines and milestones • Driving and participating in round-by-round negotiations with material suppliers from development through finalization to support product costing and margin improvement • Working with suppliers to establish and maintain material cost structures • Collecting material cost breakdowns from material suppliers and analyzing, interpreting, and challenging the data to identify cost improvement opportunities • Supporting material market intelligence forecasting through data research and analysis • Engaging in and supporting cost-saving initiatives to mitigate cost pressures and reduce potential cost risks • Collaborating with stakeholders to understand business needs and requirements, and to gather input on costing process improvements • Developing and maintaining dashboards and reports to track key performance indicators (KPIs) • Identifying trends, patterns, and areas for improvement based on data analysis • Developing and maintaining process documentation, including process maps, procedures, and training materials • Facilitating workshops and training sessions to educate stakeholders on new processes and procedures • Communicating effectively with internal and external stakeholders to ensure smooth operations • Providing training and support to team members on materials management processes and tools