David Jones Facoste Ieng
Global Head of Cost @Sodexo
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WORK HISTORY
Global Head of Cost @Sodexo
Providing centralised global subject matter leadership by creating, deploying and embedding the Global Costing framework, strategy and standards throughout all regions and segments globally to achieve standardised costing by: • Creating a simple and effective Costing Framework that provides the strategic direction to improve revenue, margin and opportunity win ratio. • Creating a new benchmark methodology and global toolset to support all costing functions to challenge and optimise costed and priced solutions• Developing a costing academy which provides a costing and commercial training pathway with appropriate level training courses to ensure Suitable Qualified, and Experienced Personnel develop robust estimates.• Building and chairing the Global Costing Expert Network and Community of Practice to govern and embed the costing and commercial collateral.• Ensuring compliance with the Global Costing Framework and application of appropriate assurance levels to reduce risk exposure within generated costings.• Act as the recognised Costing Subject Matter Lead internally and externally to influence and shape standards and policy to achieve the strategic costing framework and business policy.
EDUCATION
HMS Collingwood
HND Electrical/Electronic Engineering, Electrical/Electronic Engineering
ABOUT DAVID JONES FACOSTE IENG
With over 18 years of experience in costing and estimating, I am a certified and qualified professional who leads the global costing function at Sodexo, a leading provider of quality of life services. I create, deploy, and embed the global costing framework, strategy, and standards throughout all regions and segments, aiming to achieve standardized and optimized costing and pricing solutions that improve revenue, margin, and opportunity win ratio.My core competencies include leadership, assurance, forensic estimating, cost and financial modelling, risk analysis, data capturing development, cost reduction and improvement activities, benchmarking, strategy, standards and process development, statistical analysis, stakeholder analysis and engagement, and coaching/mentoring/teaching. I have delivered significant value to my clients and stakeholders across various sectors, such as high-speed rail, defence, and energy, by applying best practices, innovative tools, and robust estimates. I am also passionate about raising the profile and quality of the costing profession, and I have chaired an industry cross-sector group that published a cost estimating training framework.
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