Costing Analyst (Special Order Progam)

KEY ROLES & RESPONSIBILITIES
Data & Systems
• Review and confirm purchase prices on stock order Proforma Invoices provided by the Vendor
• Ensure open shipping orders in the system always reflect the approved purchase prices
• Validate escalated vendor invoices vs approved purchase prices and ensure any discrepancies are resolved.
Request For Quote (RFQ) management
• Ensure all phases of purchase prices are requested, received, and approved as per the development timeline for each product from CAD drawing up until final sample.
• Track and maintain RFQ status in the Costing System
• Create and maintain Purchase Price cost books across all fabrics / leathers and ensure prices are aligned with Vendors.
• Manage purchase price updates across the full product assortment (running construction changes, fabric price changes, other material price changes)
Costing Analytics
• Develop costing models to calculate directional purchase costs based on product BOMs, material cost drivers, historical cost data and benchmarking against comparable styles.
• Partner with Vendors, PD and Engineering on price optimization where required to meet target margin.
• Analyze purchase prices vs estimated Customer Retail prices and use this to recommend appropriate sale prices based on target margins.