VF Corporation outfits consumers around the world with its diverse portfolio of iconic lifestyle brands, including Vans®, The North Face®, Timberland®, and Dickies®. Founded in 1899, VF is one of the world's largest apparel, footwear and accessories companies with socially and environmentally...

VF Corporation outfits consumers around the world with its diverse portfolio of iconic lifestyle brands, including Vans®, The North Face®, Timberland®, and Dickies®. Founded in 1899, VF is one of the world's largest apparel, footwear and accessories companies with socially and environmentally responsible operations spanning numerous geographies, product categories and distribution channels. VF is committed to delivering innovative products to consumers and creating long-term value for its customers and shareholders.

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.

Senior Costing Manager, The North Face

Job level Senior
Work exp Minimum 8 Years
Education Bachelor Degree
Location
Kwun Tong
Employment type Full Time
Benefits 13-month pay, 5-day week, Dental plan, Flexible working hours, Home office, Insurance plan, Medical plan, Performance bonus
Industry Retail - Fashion / Accessories
Job function Logistics / Transportation > Planning & Analysis
Manufacturing > Production Planning / Control
Merchandising / Purchasing > Purchasing / Procurement / Sourcing
Published On 19/11/2019

Responsibility:

Support Management vision and Margin Control

  • Support economic and costing trend analysis.
  • Key style cost benchmarking against other brands to keep TNF pricing competitive
  • Actively drive costing strategy – Costing process, duty saving, reduce sample SKU/ development cost, work with sourcing to shift country sourcing % to get cheaper labor overhead
  • Implementing new costing models such as GSD/SMV and enhancing existing costing models.
  • Monitor margin status and develop margin improvement strategy
  • Review margin report and give recommendations to the management
  • Provide seasonal C/O FOB price comparison, FOB forecast and quarterly mold amortized report
  • Provide all related costing information to support functional team’s job (GMS team / Innovation / Engineering, finance and Internal Audit team)
  • Support with Seasonal update pre-costing and FOB price into Enovia system

Manufacturing Cost - Labor overhead

  • Monitor inflation, currency rate, minimum wage, social insurance for all sourcing countries to predict cost trend, sourcing plan reference and control stable product price.
  • Define apparel complexity with Sourcing team and set up seasonal labor / overhead level to eliminate unreasonable labor overhead cost.

Team building and others

  • Training TNF Sourcing Merchandising teams
  • Support Sourcing and work with US development team from initial costing to final price.
  • Setting cost standards /tools / system --- consumption, process cost
  • Create and maintain cost reference data to achieve better prices.
  • Build BOM calculators and train Sourcing and US Development teams to “design into cost”
  • Bench marking of core products to remain competitive

Requirements:

  • 8 years of experience in apparel costing
  • 3-5 years of Supervisory Experience
  • University graduate or above in apparel/manufacturing/engineering preferable
  • Strong technical skills to be able to cost a garment accurately.
  • Capability to communicate effectively to key stakeholders eg Sourcing, vendors and US office
  • To identify cost reduction areas and devise proposals for margin achievement
  • Familiar with apparel materials, technical construction capability, patterns and yield as well as costing processes.

We offer 5–day work week, competitive salary and fringe benefits to the right candidate. Interested parties are invited to send your full resume with current and expected salary by clicking "Apply Now".

Candidates who are not contacted within 1 month from sending the resume should consider your applications filed for future opportunities. All applications will be treated in strict confidential and used for recruitment purpose only.