Sourcing Analyst - Proteam Solutions
manhattan, NY 10033
About the Job
Position Title: Cost Reduction/Sourcing Analyst
Industry: Women's Fashion
Department: Beauty Sourcing Team
Location: Hybrid (In-office 40% of the time)
Role Summary:
The Cost Reduction/Sourcing Analyst will play a critical role in driving cost reduction initiatives within our Beauty Sourcing team, focusing on Cost of Goods (COGS) reduction. This position will require a strong background in project management and experience with sourcing and procurement within the fashion or beauty industry and will focus on Cost of Goods (COGS) reduction initiatives.
Responsible for cross functional support of all cost of goods reduction (COGS) Initiatives: Explore & capitalize on full capabilities & cost competitiveness (both existing and new vendors)
- Scope initiatives w/ competitive quoting, costing and validating opportunities Project management of COGS initiatives to drive effective progress Facilitate brainstorm & ideation (both internal & external) Analyze & mitigate cost increase requests; support cost negotiations Partner with Initiative owners to reconcile unit volume, rates, timing, and track overall progress
- Track actualization & reconcile Initiatives into Price Point Variance and / or Average Unit Cost Supported publication of results to coincide with Steering Co, PPV Monthly Finance meetings
- Top Skills: Managing multiple simultaneous projects, sourcing, costing, and/or purchasing experience.
Hybrid - In-office Manhattan NY 2-3 days/week