Analyst, Costing Strategy
1 week ago
The Costing Strategy analyst of the Material Costing Intelligence (MCI) in VF Corporation will be a part of the Product Supply Enablement Function (PSE) at VF Corporation. Located in Singapore, responsibilities include strategic costing and data governance, working actively to execute costing frameworks and models with the aim of supporting seasonal negotiation fact packs and delivering cost saving initiatives. The individual will bring a strong analytical mindset to the organization and fully leverage "One VF way". The individual will partner closely with sourcing teams and suppliers to govern costing frameworks. Frequent influential communication to Management level is required.
Key Result Areas:
Negotiation Preparation Support
- Develop and consolidate relevant "should cost", guidance and supplier performance data to build fact packs for negotiations
- Execute negotiation tools (e.g. material clean sheets, cost breakdown templates), analyzing results and providing insights and talking points to the negotiation team.
Costing Intelligence
- Working closely with suppliers, external data service providers and other data streams, extract, clean and analyze material cost data to support a monthly commodity cost report
- Provide analytics and modelling support on cost saving initiatives, actively collaborating with cross functional teams as a subject matter expert on costing data.
Project Management
- Assist in preparing communication materials to internal and external stakeholders to influence behavior change and achieve business objectives
- Co-ordinate and support ad-hoc costing related requests (e.g. sustainable alternatives price analysis, specific commodity deep dive fact packs etc.)
Competency Requirements:
- Behavioral Competencies -
- High EQ in working with cross function/cultural partners
- Excellent interpersonal and communication skills (oral and written)
- Optimistic and dare to take calculated risks
- Team player and the ability to work independently
- Bold and creative thinking
- Able to work under pressure with multiple tasks simultaneously while meeting tight deadlines
WHAT WE WILL BE LOOKING FOR IN YOU:
- 1-2 years of experience in operations, procurement or costing (Fresh graduates welcome)
- Undergraduate degree in Quantitative/STEM field
- Intermediate user of Microsoft Office tools, especially excel
- Basic proficiency in data processing and visualization tools (e.g. Knime, Alteryx, Excel VBA, Tableau, PowerBI etc.)
- Clear communication skills, both verbally and written, in English
- Strong analytical and problem-solving skills
- Good stakeholder management
VF Diversity Vision Statement VF is committed to creating an inclusive environment that welcomes and values the differences among all of our associates, customers, suppliers and the communities in which we live and conduct business. The continued success and growth of VF is enhanced through initiatives that promote diversity throughout VF around the world.VF is an equal employment opportunity/ affirmative action employer of minorities, females, protected veterans and the disabled. VF is committed to providing equal opportunities in employment, and treating our VF associates and VF applicants without discrimination on the basis of their race, color, gender, age, national origin, religion, sexual orientation, gender identity or expression, marital status, citizenship, disability, protected veteran status, HIV/AIDS status, or any other legally protected factor.
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