About this role
The Materials Program Manager (MPM) is responsible for the management and delivery of the product financial health for ground breaking, highly integrated consumer products. This person has a business orientation and is responsible for working within the local and remote operations, engineering and software teams driving development, implementation and management of the product budget. This person is the business voice responsible for capturing, documenting and communicating financial exposures and outlay as it relates to their product. They are involved throughout all stages of the product family's lifecycle to ensure Lab126 achieve all financial targets through end-of-life. They will support weekly executive product line reviews outlining performance against budget, target and actual cost. Key job responsibilities - Drive the engineering and supply chain teams to optimize BOM+MVA cost below target. - Negotiate component costs managed by the contract manufacturer. - Track the program actual costs versus target to identify program deltas and corrective actions to bring back on track. - Host executive management project BOM+MVA cost reviews that deep dive through every aspect of your product cost. - Determine the Supplier Plan of Record to ensure the optimal mix of suppliers, balancing cost, quality, and supply continuity. - Manage device-level component qualification, working with engineering, product integrity, quality, and regulatory teams to ensure components are fully qualified before mass production and approve purchases. - Perform competitive cost analysis. - Attend program new product introduction meetings to understand the cost implication of engineering and/or process changes as related to your product fully loaded cost targets. - Work with the OEM/ODM to set your product purchase order cost for the upcoming period, and manage purchase price variance claims resulting from engineering changes, component obsolescence or forecast variance. A day in the life The Materials Program Manager has a business orientation and is responsible for working within the local and remote operations and engineering teams driving development, implementation and management of the product budget. This person is the business voice responsible for capturing, documenting and communicating financial exposures and outlay as it relates to their product. They are involved throughout all stages of the product family's life-cycle to ensure Lab126 achieve all financial targets through end-of-life. They will support weekly executive product line reviews outlining performance against budget, target and actual cost. About the team We are a NPI Product Operation team dedicated to building exceptional products that customers love, delivering seamless connected experiences, and driving profitable growth. From early pre-concept exploration through final product launch, we guide every stage of the innovation journey—identifying bold ideas, transforming them into pioneering products, and managing end-to-end delivery with precision and agility.