WHAT YOU'LL DO HERE (ESSENTIAL DUTIES AND RESPONSIBILITIES):
Costing Analysis & Validation
:
• Evaluate and validate cost breakdowns of accessories (e.g., trims, hardware, packaging, etc.) from suppliers.
• Ensure all cost elements (materials, labor, overhead, logistics) are accurate and reasonable.
• Perform should-cost analysis to benchmark and assess supplier quotes.
Cost Negotiation:
• Lead and support cost negotiations with suppliers and vendors to achieve optimal cost targets.
• Collaborate with sourcing, design, and production teams to define acceptable cost ranges and alternatives.
• Identify cost-saving opportunities through material substitution, process improvement, or sourcing strategies.
• Margin Analysis & Reporting:
• Analyze cost impact on overall product margin and work cross-functionally to maintain or improve profitability.
• Generate cost reports, presentations, and data visualizations for internal stakeholders.
Cross-functional Collaboration:
• Work closely with product development, design, sourcing, and production teams to align cost expectations and technical feasibility.
• Provide technical feedback on design proposals from a cost perspective.
• Assist in early development costing to support go-to-market strategies.
Software & Systems:
• Utilize costing software, data entry in Centric and Excel to manage and track costing data.
• Develop cost models and templates to streamline costing processes.
• Maintain and update costing databases with current supplier quotes, materials, and conversion rates.
WHAT YOU BRING TO THE TABLE (JOB REQUIREMENTS AND SKILLS):
• Bachelor's degree, fluent in English both in written and verbal
• 3–5 years of relevant experience in costing, preferably in accessories, trims, apparel, footwear or consumer goods .
• Foundational understanding of manufacturing process and cost structures of costing methods, cost drivers, and margin calculations.
• Proven negotiation skills with vendors and manufacturers.
• Proficiency in Excel (pivot tables, VLOOKUP, charts), costing software
• Strong analytical thinking, attention to detail, and problem-solving ability.
• Good communication skills and ability to work cross-functionally in a fast-paced environment.