Senior Analyst, Materials Costing

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** **:**

+ _B_ _eing_ _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._

Statement on Diversity & Inclusion

At VF, we foster an inclusive environment that welcomes and values the differences of our associates, customers, suppliers, and communities.

VF is an equal opportunity employer.

We’re committed to providing equal opportunities in employment and treating our associates and applicants without discrimination on the basis of their race, color, gender (including pregnancy, childbirth, breastfeeding or related medical conditions), age, national origin, religion, sexual orientation, gender identity or expression, marital status, citizenship, disability, protected veteran status, HIV/AIDS status or any other legally protected factor.

R-20250717-0109

VF Diversity Vision Statement
VF is committed to creating an inclusive environment that welcomes and values the differences among all of our associates, customers, suppliers and the communities in which we live and conduct business.

The continued success and growth of VF is enhanced through initiatives that promote diversity throughout VF around the world.VF is an equal employment opportunity/ affirmative action employer of minorities, females, protected veterans and the disabled.

VF is committed to providing equal opportunities in employment, and treating our VF associates and VF applicants without discrimination on the basis of their race, color, gender, age, national origin, religion, sexual orientation, gender identity or expression, marital status, citizenship, disability, protected veteran status, HIV/AIDS status, or any other legally protected factor.

Required Skill Profession

Other General