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Manager, Cost Optimization Strategy

Company: Impossible Foods
Location: Redwood City
Posted on: February 17, 2021

Job Description:

Impossible Foods is addressing the most catastrophic threats facing humanity: climate change and biodiversity collapse. A global transition to a plant-based food system will turn back the clock on atmospheric CO2 levels, restore natural ecosystems and reverse meltdown in wildlife biomass. The easiest -- if not only -- way to make our civilization sustainable is to eliminate livestock, the most dangerous technology on Earth. But humans won't give up meat. So we need to make meat better -- more delicious and more nutritious, without animals as the underlying production technology. That means that making meat sustainably is the most important and urgent problem for the global scientific community. Impossible Foods' mission is to completely replace the use of animals as a food-production technology by offering consumers everything they currently value about animal products -- and making products that are vastly superior to their animal analogues. To do this, we are taking a revolutionary scientific and market-based approach. We are inventing efficient, sustainable ways to transform ingredients from plants into meat, fish and dairy foods that deliver all the pleasures and nutritional benefits consumers demand, without the destructive environmental or public health impact. Our world-class R&D team has been building the know-how and technology platform to produce meat, fish and dairy foods from plants. Impossible Foods is experiencing rapid growth and is resolutely committed to leading all aspects of the plant-based food revolution-from discovery to commercial production. The only thing that will separate Impossible Foods from success and failure is our ability to recruit more world-class experts. Want to join? Check out the job opening and requirements below: In order to lead the global transition to a plant-based food system, Impossible must make its products less expensive than their animal-based analogs. The Manager for Cost Optimization Strategy will be responsible for driving Impossible's efforts to reach price parity with animal-based meat by working cross-functionally to optimize our cost structure. You will coordinate resources across finance, product management, strategic partnerships, manufacturing and engineering, and negotiate with external stakeholders in order to lead and achieve Impossible's strategic COGS reduction roadmap. You will report directly to the Head of Sourcing. You Will

  • Development and execution of a global product cost reduction strategy aligned with broader company objectives -'
  • Identify process improvement programs for increased efficiency and effectiveness
  • Cross-functional collaboration with product teams, finance, engineering, manufacturing, quality on DFX and LEAN -'
  • Collaboration with Demand-Supply, manufacturing and logistics professionals on total supply chain cost -'
  • Establish initiatives and KPIs for cost reduction; help establish monthly cadence and tools to track and measure performance around those KPIs/ initiatives
  • Utilize cost modeling tools along with known market conditions to estimate should be cost when assessing trade-offs
  • Drive cost optimization opportunities in effort to drive down total cost while delivering the product goals desired
  • Pull together product level cost view at concept phase and throughout the product life cycle You Have
    • Ideal candidates will have 7-10 years of demonstrated ability leading the end-to-end cost reduction process-'
    • Capable to analyze the market, track supplier and competitive trends -'
    • Technical depth and; credibility to interact effectively with R&D leaders;
    • Deep understanding of cost drivers and cost models; analytical ability to connect this to favorable financial terms -'
    • Comfortable in rolling up one's sleeves and leading by example whether digging into the data or participating in a supplier engagement-'
    • Comfortable operating in a growth oriented environment maintaining a high sense of urgency and performance management -'
    • Global experience and an understanding of the nuances and differences among business cultures Impossible Foods Inc. is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, religion, color, national origin, gender (including pregnancy, childbirth, or related medical conditions), sexual orientation, gender identity, gender expression, age, status as a protected veteran, status as an individual with a disability, or other applicable legally protected characteristics.

Keywords: Impossible Foods, Redwood City , Manager, Cost Optimization Strategy, Executive , Redwood City, California

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