Job Summary: As a Costing & Sourcing Specialist, you will play a critical role in optimizing product costs and sourcing strategies for our hardgoods category. You will collaborate closely with cross-functional teams to deliver high-margin products from qualified suppliers. Key responsibilities include building standardized costing templates, managing RFQ processes, negotiating competitive pricing, and exploring new sourcing opportunities.
Key Responsibilities: 61 Cost Optimization: o Develop and maintain standardized Cost Breakdown (CBD) templates. o Conduct thorough Request for Quote (RFQ) processes to identify competitive pricing and comparable costs across vendors. o Negotiate with suppliers to achieve or exceed margin targets. o Continuously seek opportunities for cost reduction through vendor negotiations, leveraging cost breakdown data, and implementing strategic sourcing initiatives. 61 Supplier Management: o Identify and qualify new suppliers to mitigate supply chain risks and ensure business continuity. o Conduct independent factory audits to assess supplier capabilities and compliance. 61 Data Management: o Maintain accurate and up-to-date records in the PLM database and other relevant systems, including CBDs, graphic cost tracking files, and factory audit reports. 61 Cross-Functional Collaboration: o Regularly communicate cost status updates to development, graphic design, and merchandising teams. o Collaborate with the quality assurance team to ensure product quality and compliance.
Qualifications: 61 Bachelor's degree required. 61 Minimum 3 years of experience in commercialization processes and best practices within a consumer product company, preferably in the outdoor products industry. 61 Strong communication, negotiation, and analytical skills. 61 Proficiency in Microsoft Excel, PowerPoint (VBA skills preferred). 61 Fluency in English and Mandarin (both written and spoken). 61 Willingness to travel within China and other countries as needed. 61 Ability to work independently and as part of a team.
By joining our team, you will have the opportunity to make a significant impact on our product profitability and supply chain efficiency.
