Costing Manager
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Before you apply
LocationKwun Tong, Kowloon, Hong Kong, UNAVAILABLE, HK; Ho Chi Minh City, UNAVAILABLE, VN
Typefull-time
SenioritySenior
Experience8–10 yrs
DepartmentProduct Development
Company size1,001–5,000 people
PostedOct 18, 2024 · 2y ago
Verified live6h ago
May no longer be actively hiring
Posted by the company on Oct 18, 2024
At a glanceSummarised by Seekless from the posting.
Bachelor's Degree in Textile, Apparel, Merchandising, Industrial Engineering, Supply Chain Management, or related discipline
8 -10 years' experience in apparel product costing
5 years of experience with Intimates product
Deep understanding of underwear garment construction, fabric technologies, trims, packaging, and manufacturing processes
Demonstrated expertise in costing, margin management, value engineering, and supplier negotiations
Experience working with global brands and international sourcing organizations
Demonstrated leadership skills to inspire, motivate, and develop a high-performing team
Proven track record of driving team results and achieving goals
Advanced Excel and costing analysis skills
Experience with PLM systems, Infor Nexus, Inspectorio, or similar sourcing platforms
Strong analytical and presentation skills
Good commands of both Spoken and written English and Chinese
Fluent in English
Strong experience in the Underwear / Intimates category is preferred
Skills
Excel
PLM
Infor Nexus
Inspectorio
About Us
Centric Brands is a leading lifestyle brand collective that designs, sources, markets and sells high quality products in multiple segments, including women’s, men’s and kid’s apparel, accessories, entertainment and beauty. Centric Brands is focused on our customers and our brands that will drive the company’s future growth. We are defined by innovation as we seize new opportunities and thrive in an environment informed by creativity and thinking that is both analytical and outside the box. Centric Brands reflects a team built on respect, for others and for the hard work it takes to achieve our goals and build our bright future together.
Specific Responsibilities Would Include:
The Costing Manager is responsible for leading product development, costing, and supplier engagement for the Underwear category. This role partners closely with Design, Technical Design, and Production teams to develop commercially viable products that meet quality, margin, and speed-to-market objectives.
Product Development Leadership
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Lead the end-to-end product development process from concept through production handoff.
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Collaborate with Design and Technical teams to translate design intent into manufacturable, cost-effective products.
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Evaluate garment construction, materials, trims, packaging, and production methods to identify opportunities for cost optimization and product enhancement.
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Drive innovation in fabrics, technologies, and manufacturing techniques to improve product performance and value.
Costing & Margin Management
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Own category costing strategy and ensure products are developed within target cost parameters.
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Create detailed cost analyses and identify opportunities for margin improvement through value engineering.
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Challenge supplier quotations and negotiate competitive pricing while maintaining quality and compliance standards.
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Develop alternative sourcing, material, and construction options to achieve financial targets.
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Monitor raw material cost trends and assess impact on business profitability.
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Provide costing recommendations and risk assessments to support business decisions.
Supplier & Sourcing Management
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Build strong partnerships with strategic underwear suppliers across China and Asia.
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Evaluate supplier capabilities, capacity, and cost competitiveness.
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Lead supplier negotiations related to product costs, development fees, and production efficiencies.
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Drive supplier performance improvements through continuous evaluation and collaboration.
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Identify and onboard new suppliers that bring innovation, competitiveness, or technical expertise.
Our Best Fit Candidate Would Have:
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Bachelor’s Degree in Textile, Apparel, Merchandising, Industrial Engineering, Supply Chain Management, or related discipline
•
8 -10 years’ experience in apparel product costing; 5 years of experience with Intimates product
•
Strong experience in the Underwear / Intimates category is preferred.
•
Deep understanding of underwear garment construction, fabric technologies, trims, packaging, and manufacturing processes.
•
Demonstrated expertise in costing, margin management, value engineering, and supplier negotiations.
•
Experience working with global brands and international sourcing organizations.
•
Demonstrated leadership skills to inspire, motivate, and develop a high-performing team
•
Proven track record of driving team results and achieving goals
•
Advanced Excel and costing analysis skills
•
Experience with PLM systems, Infor Nexus, Inspectorio, or similar sourcing platforms.
•
Strong analytical and presentation skills
•
Good commands of both Spoken and written English and Chinese
Competency Requirements ((if applicable))
Leadership Commitments:
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Inspire Others
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Grow Talent
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Promote Belonging
•
Spark Ownership
Behavioral Competencies:
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Decision Making.
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Communication.
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Collaboration.
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Conflict Management and Problem Solving.
•
Driving Execution.
Language Proficiency:
Fluent in: English
Specific Working Conditions
Frequency of Travel: As required.
Be part of our growing community by getting involved with groups, teams and initiatives like Be Green, Be Giving, and Be Celebrated.
Centric Brands is an Equal Opportunity Employer.