Senior Analyst, Materials Costing

VF Corporation
Singapore, Singapore
Salary not specified
Posted
Full-time
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Job Description

ABOUT YOUR ROLE: As part of the VF Material team in Apparel Sourcing organization, the Senior Costing Analyst plays a critical role in driving cost transparency, efficiency, and strategic decision-making across the Material sourcing function. Reporting directly to the Director of Material Sourcing, this role is responsible for analyzing fabric cost structures, identifying cost-saving opportunities, and supporting supplier negotiations through data-driven insights. Bring strong analytical skills, deep understanding of textile cost components, and a collaborative mindset to support cross-functional teams and global sourcing strategies. YOUR RESPONSIBILITIES WILL INCLUDE: Cost Analysis & Reporting - Analyze and validate fabric cost breakdowns from suppliers, ensuring accuracy and alignment with internal benchmarks. - Develop and maintain cost models for various fabric types, incorporating raw material, processing, finishing, and logistics components. - Track and report cost trends, market fluctuations, and currency impacts affecting fabric pricing. - Prepare detailed cost comparison reports to support sourcing decisions and seasonal planning. Strategic Support & Negotiation - Partner with the Director of Material Sourcing to support seasonal cost negotiations with Tier 2 suppliers. - Identify cost-saving opportunities through material consolidation, supplier leverage, and process optimization. - Provide cost insights to design, development, and sourcing teams to guide material selection and development. Data Management & Process Optimization - Maintain a centralized database of fabric cost data, supplier quotes, and historical pricing - Support the digitization of costing workflows and integration with PLM systems. Cross-Functional Collaboration - Work closely with materials development, product costing, and sourcing teams to ensure alignment on cost targets and strategies. - Support on driving alignment with brand and cross function teams on GTM process to ensure the operational efficiency. WHAT WE WILL BE LOOKING FOR IN YOU: Technical Skills - Cost Modelling & Analysis: Strong ability to build and interpret detailed cost breakdowns for fabrics and materials. - Textile Knowledge: Understanding of fabric construction, finishing processes, and cost drivers in textile manufacturing. - Data Management: Proficiency in Excel (pivot tables, VLOOKUP, macros), and experience with PLM - Market Awareness: Familiarity with global textile markets, commodity pricing, and supplier cost structures. Analytical & Strategic Thinking - Financial Acumen: Ability to interpret cost data and translate it into actionable insights for sourcing and development teams. - Problem Solving: Proactive in identifying cost inefficiencies and proposing strategic solutions. - Attention to Detail: High level of accuracy in data analysis and reporting. Collaboration & Communication - Cross-Functional Partnership: Experience working with sourcing, development, finance, and supplier teams. - Negotiation Support: Ability to support cost negotiations with data and insights. - Clear Communication: Strong written and verbal communication skills to present complex data in a clear, concise manner. Project & Time Management - Prioritization: Ability to manage multiple projects and deadlines in a fast-paced environment. - Independence: Self-starter who can work with minimal supervision while collaborating effectively WHAT YOU CAN EXPECT FROM US: - Being a part of a movement that is Purpose led which enables us to have a positive impact on communities around the world, it gives greater meaning to the work we do. - Working with a team of diverse and sharp minds that work with an inclusive and global mindset because our differences are what make us stronger together. - Providing you with the best in class, work environment, well-being policies and work place flexibility that is about helping you show up and lean into life with your whole self – emotionally, physically and socially. R-20260907-0003

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About VF Corporation

Retail / Wholesale / Distribution
Singapore
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