I. Primary Purpose
Costing Analyst, collects and analyzes global costing data in support of cost standardization, Cost validation, total cost optimization, vendor negotiation and supply policy improvement. They are the champion for all costing related systems and drive process and systems improvement to achieve increased organizational efficiency.
II. Key Responsibilities
• Drive the product costing process with factories and presenting the product costs to cross-functional partners. Own responsibility for reviewing and confirming the product costing, furnishing costing analysis as required throughout the various stages of the development process, communicate and resolve costing issues.
• Work closely with Product Development /Service Providers to get updated information about the new designs/ new techniques /new materials each season.
• Create Cost sheets and manage cost sheets on time submission. Update ec-Vision, cost tracking list/MSO file and communicate with NY partners for the cost sheet submission status.
• Calculate/validate initial raw material yields and Markers throughout the process.
• Verify SP minutes, influence SP to follow Tapestry SPI/ cost guideline. Validate the cost from Market cost until PO approval. Compared price difference for Carryover styles and ensure SP followed transfer policy. Deep dive of cost breakdown, call out issues / low margin/price significantly increased if any. Pull IMU report /Bom /CCT /Cost tracking from ec-Vision at every costing milestone.
• Communicate /provide cost options to cross functional teams in resolving costing challenges.
• Support special projects as directed.
• Travel to manufacturing locations as needed.
|||. Dimensions
Reports to Senior Manager, Strategy Costing. Interacts with:
• Product Development
• Service Providers
• Materials Management
• Information Services
IV. Education & Experience Requirements
• Bachelor's Degree in Business or related field with 3 to 4 years’ experience in a product costing role with solid knowledge of manufacturing processes.
• Solid computer aptitude: advanced Excel and database manage. (Proficient in VBA, MS access is preferable).
• Effective communicator who can present complex problems in simple terms and enable resolution of conflict across various levels of the organization.
• Influence of spoken & written, in English.