Sr Analyst, Product Costing

Managing costing while working closely with GIS PD/ PC , Raw Material, Wash Tech, Brand, counterparts and with vendor merchandising teams- As part of costing Excellence team s/he will also be providing support in identifying opportunities of cost saving through product reengineering, cost standardization, helping build up costing library & support any cost related initiatives for the company

What Youll Do

• Simplifying the whole costing process & establishing transparent costing with suppliers
• Support in setting up business allocation decision based on product-based supply chain-
• Improve the AUC margin expectations through key levers product strategy, man machine ratio, factory efficiency, labor cost and material optimization with the aim to deliver product value to the consumer-
• Establish and continuously update costing frameworks, standards and tools that enable transparent, fact-based costing with suppliers-
• Explore & develop training materials for both Gap internal staffs & external vendors/factories-
• Establish an appropriate governance for cost validation through standardization, benchmarking-
• Supporting in creating factory level/country level cost competitive matrix- Explore & develop new training tools and training materials for both Gap internal staffs & external vendors/factories-
• Resolves issues within a timely manner while working to continuously improve and create internal and external processes and procedures-
• Review Targets and create a path to meeting the target using product re-engineering while maintaining aesthetics-
• Review vendor costings and validate components using standard benchmarks or reference programs-
• Ability to create Markers independently to validate garment consumptions-
• Conceptual understanding of working based off SMV Data to finalize garment costing-
• Maintains relationships and drive towards fact-based negotiation with new and current vendors-
• Works with costing capability development team, GIS PD/PC, Brand Teams, Mill management team, Trims & Packaging team, Wash Tech to leverage their expertise to optimize the product cost
• Supports cross functional teams in problem solving, information sharing and counter sourcing to support best placement plan-

• 4-6 years business and Production experience in managing end to end costing or sampling , Ex- Production Merchandiser
• Strong knowledge of manufacturing and sourcing within apparel/non-apparel industry , market trends for new vendor sourcing and development
• T horough understanding of Gap Inc- CoBC protocols-
• Knowledge of PMTS based tools and Marker making tools to material Yield have an added advantage-
• Strong knowledge of product cost drivers (i-e- Macro factors which drives the cost)
• Communication skills both written and verbal English; local language is an added advantage-
• Strong negotiations skill, risk management and trouble shooting skills; works proactively-
• Ability to influence all levels internal & external supplier management-
• Supervision, training, and staff learning development skills-
• Planning, scheduling, and reporting strengths-
• University graduate or degree in fashion Technology or Textile (Industry related) or equivalent work experience Ex- B-F-Tech from NIFT