Vice President Costing FW
Hong Kong, HK, CN

Purpose & Overall Relevance for the Organisation :

  • Set strategic direction for costing to ensure the optimization of supply base allocation to maintain cost competitiveness and guide project creation to offer best possible value to the consumer.
  • Lead the divisional global costing team and ensure overall governance of costing
  • Key Responsibilities :

  • Profitability : Maximize business unit margin expectations through key levers such as product & production engineering;
  • labor cost and material optimization with the aim to deliver product value to the consumer.

  • Sourcing Strategy : Influence sourcing strategy through modelling future costs whilst taking macro-economic trends and end-2-end profitability into consideration to guide decisions on future location and structure of supply base.
  • Cost mitigation : Establish and continuously update industry leading costing frameworks, standards and tools that enable transparent, fact-based costing to ensure that cost mitigation is captured through optimized frameworks.
  • Negotiation : Lead the negotiation meetings with all strategic suppliers to ensure cost optimization through a fair and transparent approach.
  • Process & Systems : Continually evaluating and implementing relevant systems, processes and procedures to enhance performance and realize time-to-market advantages, product quality and cost efficiency.
  • Governance : Ensure that all costing frameworks, standards and processes are aligned and consistently applied throughout the global costing organization and supply base.
  • Trends : Monitor macro-economic trends and drivers in existing and possible new sourcing countries whilst also understanding market dynamics to proactively react to the dynamic cost environment.
  • Analytics : Provide costing leadership with insights on cost driver developments and supplier competitiveness using systematic costing and benchmarking methods .
  • Knowledge : Share costing objectives and provide functional costing direction to increase costing knowledge throughout the organization.
  • Team : Build, develop and motivate through strong leadership the global costing team and ensure the best standards of performance.
  • Identify and develop talent to ensure appropriate skill sets and strong succession plans are in place.

    Key Relationships :

  • Marketing & Design
  • BU Development
  • Sourcing Operations
  • Creation Functions
  • Advanced Operations
  • Finance
  • Brand Finance
  • Senior Management Business Supplier Groups
  • Strategy & Projects
  • Business Solutions
  • Knowledge, Skills and Abilities :

  • Good understanding of sporting goods and related industries
  • Basic knowledge across multiple area of sourcing (i.e. LEAN, 6 Sigma principles, Quality, Sustainability, Product Creation, Manufacturing processes, Mfg. technologies)
  • Strong knowledge of product cost drivers
  • Strong leadership skills in multi-national environment : strategic and visionary thinking, result-oriented, coaching mindset, effective stakeholder management
  • Strong ability to manage large scale and complex projects
  • Strong business send and highly analytical
  • Strong negotiation skills / background
  • Strong communication skills
  • International, cross-functional and intercultural experience
  • Good knowledge of standard Software applications (Excel, Access, PowerPoint).
  • Fluent English
  • Requisite Education and Experience / Minimum Qualifications :

  • University degree and / or 10 years of relevant business experience
  • Min 10 years of relevant business experience with min of 5 years at managerial level
  • Must have min 3 years of relevant experience (i.e. exposure to Supply Chain environment)
  • Ideally 2-3 year International or Headquarter work experience
  • Must have 2-3-year cross-functional experience
  • Willing to travel frequent abroad
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