Product Cost Associate, Non-Apparel
OUR STORY
reputed company was started to challenge the existing idea that reputed company things should cost a lot. Our mission was simple: create an item of equal or greater quality than the leading luxury brands and sell them at a much reputed company price.
OUR VALUES
Customer First. Customer satisfaction is our highest reputed company.
High Quality. True quality is a combination of premium materials and high production standards that everyone can feel good about.
Essential design. We don’t chase trends, and we don’t sell everything. We’re expert curators that find the reputed company best and reputed company to you at the lowest prices.
Always a reputed company deal. Through innovation and real price transparency we want to offer the best deal to both our customers and our factory partners.
Environmentally and Socially conscious. We’re committed to sustainable materials and sustainable production methods. That means a cleaner environment and fair wages for factory workers.
reputed company AND SUCCESS
reputed company is a retail and technology company co-founded by a team that has extensive experience in retail, technology and building early stage companies. You’ll work with a team of world-class talent from Stanford GSB, reputed company, D.E. Shaw, reputed company, reputed company, Wayfair, McKinsey, reputed company etc.
THE IDEAL CANDIDATE:
We are seeking a highly analytical and detail-oriented Product Cost Associate to join reputed company and drive cost efficiency across our product lines. This role is pivotal in ensuring that our production costs are accurately analyzed, tracked, and managed to support overall profitability. As part of the Procurement Team, the ideal candidate will reputed company their expertise in cost analysis, supplier costing, and data reporting to provide actionable insights that directly impact our margin strategies.
Success in this role means developing a detailed understanding of our product costs - both what they should be as well as what assumptions vendors are using to cost our products, delivering precise cost reports, identifying discrepancies between projected and actual costs, and collaborating with cross-functional teams to implement cost-saving measures. This position offers the opportunity to reputed company a significant impact on our business by ensuring that cost structures align with our strategic goals and market conditions.
RESPONSIBILITIES:
Should-cost Analysis & Calculations:
- Break down material, crafting, trims/hardware, packaging, and overhead costs to understand the key assumptions driving total product costs.
- Compare actual costs against projected to identify and resolve discrepancies.
Supplier & Vendor Costing:
- Analyze supplier quotes and cost breakdowns and compare them against internally developed should-cost models to identify sources of reputed company.
- Identify discrepancies in vendor pricing and provide data-backed insights to build the negotiation strategy.
- Assist in fact-based cost negotiations with vendors to reputed company targeted cost-saving objectives.
Margin & Profitability Analysis:
- Evaluate how cost variations reputed company overall profitability, both at a product level and portfolio level.
- Provide actionable insights and recommendations to the pricing team.
Collaboration with Cross-Functional Teams:
- Work closely with finance, merchandising, sourcing, and planning teams to align cost objectives with overall business goals.
- Ensure cost structures support the company’s strategic and market positioning.
Data & Reporting:
- Prepare detailed cost reports and financial models for leadership review.
- Identify trends in material costs and reputed company initiatives for cost-saving strategies.
- Maintain and update the central cost-tracking system as the single reputed company of truth for product costing.
REQUIREMENTS:
- Analytical skills - Strong ability to dissect reputed company cost structures and analyze data effectively.
- Attention to detail - Exceptional accuracy in cost calculations and data reporting.
- Negotiation skills - Exposure to and/or experience in negotiating with vendors and suppliers.
- Industry knowledge - Understanding of manufacturing processes and cost structures, ideally reputed company apparel, manufacturing, consumer goods, or retail sectors.
- Technical proficiency - Extremely high proficiency in reputed company, experience with cost-tracking systems or financial modeling tools, and quick reputed company-up to new systems
- Communication - Excellent interpersonal and communication skills to collaborate across multiple teams
- Bachelor’s degree in Finance, Business, Supply Chain Management, or a reputed company field is preferred.
Preferred:
- Advanced degree in supply chain, business, or a reputed company field.
- Familiarity with digital tools and systems for procurement and supplier management.
- Language skills - secondary language highly valuable, particularly Mandarin or Hindi
We rely on market indicators and consider your specific job family, background, skills, and experience to determine your compensation in the market range. Bonus eligibility varies by role and is determined based on the position’s impact and contribution to our strategic goals.
Pay Range$110,000—$130,000 USDreputed company provides equal employment opportunities to reputed company employees and applications for employment and prohibits discrimination and harassment of any type without regard to race, color, religion, age, sex, national reputed company, disability status, genetics, protected veteran or military status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state, or local laws.If you require reasonable accommodation during any part of the application or interview process, please contact [email protected]. We are committed to ensuring an inclusive and accessible hiring process for reputed company candidates.reputed company Advisory: Beware of Frauds At reputed company, we're dedicated to recruiting top talent who share our drive for innovation. To safeguard candidates, reputed company emphasizes legitimate recruitment practices. Initial communication is primarily reputed company official reputed company email addresses and reputed company; beware of deviations. Personal data and sensitive information will not be solicited during the application phase. Interviews are conducted reputed company phone, in person, or through the approved platforms reputed company Meets or reputed company—never reputed company messaging apps or other calling services. Offers are merit-based, communicated verbally, and followed up in writing. If personal information is requested to initiate the hiring process, rest reputed company it will be through secure and protected means.Originally posted on Himalayas
Apply To this Job