Staff Product Cost Innovation Manager

The posting, as Oura wrote it

Our mission at ŌURA is to empower every person to own their inner potential. Our award-winning products help our global community gain a deeper knowledge of their readiness, activity, and sleep quality by using their Oura Ring and its connected app. We've helped millions of people understand and improve their health by providing daily insights and practical steps to inspire healthy lifestyles.

Empowering the world starts with living our values and empowering our team. As a quickly growing company focused on helping people live healthier and happier lives, we ensure that our team members have what they need to do their best work — both in and out of the office.

We are looking for a Staff Product Cost Engineer to establish and lead product cost engineering as a strategic capability within Product Sourcing. This role will own the cost and value perspective across the full product lifecycle, from early architecture and concept development through NPI, DVT/PVT, ramp, mass production, and sustaining.

You will build the fact base behind product cost decisions, translate product and manufacturing choices into transparent cost models, and partner with Engineering, Product, Finance, Quality, Supply Chain, and EMS partners to deliver products that meet Oura’s performance, quality, schedule, and cost objectives.

This is a hands-on, highly influential individual-contributor role. You will be expected to operate at the level of a technical and commercial authority: challenging assumptions with data, shaping design choices early, creating negotiation leverage, and turning cost opportunities into measurable results.

This role is hybrid to our SF office onsite 3 days a week

What You Will Do

• Own product cost targets and cost visibility:
• Define target costs and cost architectures for new products, major subsystems, and key components in conjunction with Finance and Product teams
• Reinforce and maintain cost models for complete products and assemblies, including electronic components, PCBA, mechanical parts, batteries, sensors, tooling, test, labor, yield, overhead, EMS value-add, logistics, tariffs, and other landed-cost elements.
• Create a consistent cost taxonomy, modeling methodology, and set of assumptions that Engineering, Sourcing, Finance, and suppliers can use as a common fact base.
• Track target, quoted, negotiated, and actual costs across the product lifecycle; identify variances, cost risks, and optimization opportunities.
• Develop scenario models for volume, geography, sourcing strategy, supplier footprint, capacity, make-versus-buy, and design alternatives.
• Drive design-to-cost and value engineering
• Engage early in product architecture, concept, and design reviews to influence cost before designs are frozen.
• Translate product requirements, BOMs, CAD, drawings, stack-ups, specifications, and manufacturing flows into cost and value implications.
• Lead value-engineering workshops with mechanical, electrical, industrial

[…]
the future.

Region 1 $198,500- $233,000

A recruiter can determine your Region based on your US location.

We are not considering candidates residing in the following states: Alaska (AK), Delaware (DE), Iowa (IA), Mississippi (MS), Nebraska (NE), South Dakota (SD), West Virginia (WV), and Wisconsin (WI).

ŌURA is proud to be an equal opportunity workplace. We celebrate diversity and are committed to creating an inclusive environment for all employees. Individuals seeking employment at ŌURA are considered without regard to age, ancestry, color, gender (including pregnancy, childbirth, or related medical conditions), gender identity or expression, genetic information, marital status, medical condition, mental or physical disability, national origin, protected family care or medical leave status, race, religion (including beliefs and practices or the absence thereof), sexual orientation, military or veteran status, or any other characteristic protected by federal, state, or local laws. We will not tolerate discrimination or harassment based on any of these characteristics.

We will work to ensure individuals with disabilities are provided reasonable accommodation to participate in the interview process, to perform essential job functions, and to receive other benefits and privileges of employment.

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