Senior Manager, Costing

Hong Kong
Permanent
Full-time

16 days ago

RequirementsDescription & RequirementsWho we arelululemon is an innovative performance apparel company for yoga, running, training, and other athletic pursuits. Setting the bar in technical fabrics and functional design, we create transformational products and experiences that support people in moving, growing, connecting, and being well. We owe our success to our innovative product, emphasis on stores, commitment to our people, and the incredible connections we make in every community we're in. As a company, we focus on creating positive change to build a healthier, thriving future. In particular, that includes creating an equitable, inclusive and growth-focused environment for our people.About This TeamOur Costing team plays an essential part in the lululemon liaison office (LLO). Together with global production and merchandising, quality, business solutions and product creation teams, it's to ensure our products are produced of the highest quality, delivered when we need them, and manufactured with partners who share our commitment to elevating the world.The team owns the analytics related to costing and comprehends the underlying issues that create complexity for the vendors and the production process. They also support productivity and efficiency by providing leadership and direction to their partners, minimising waste and enhancing operations, and using proven industrial engineering techniques to achieve competitive advantage and improve quality and productivity.A Day In The Life

Manage lululemon's Finished Goods standardization library (including yield, thread, smv) by creating guidelines for different product classes to achieve sustainable best cost to the business
Support the entire finished goods global vendor base (60+) with costing/construction standards creation and SOPs and ensure vendor consistency.
Create tools to assist Sourcing and LLO Merchandising to achieve in-season costing to our negotiated agreements and standards
On board new vendors with standardized costing methodology, confirming negotiated agreements (i.e. Profit percentage, CIF, Minute rate) to ensure seamless transition into the vendor matrix
Build a network of Costing and Industrial Engineers in-country to execute standards building and ensure vendor adherence
Manage costing framework end to end to product at class to achieve best cost to the apparel and accessories business while providing insights to LLO merch / FG Sourcing and external suppliers
Manage a team of Costing Engineers to regularly update our standards library with the SOPs and style level standard calculations.
Utilize in-region Costing Engineers to educate and align with vendors on costing standards to improve overall transparency
Provide potential savings direction to the Sourcing and LLO Merchandising leadership to set targets for upcoming seasons.
Drive vendor Costing strategy, as well as Costing team strategy

Qualifications

Bachelors Degree in Apparel Engineering, Industrial Engineering, Textiles or similar, with 12+ years of relevant industry experience. Masters Degree or Certification in advanced garment engineering is a plus
You have been an awesome People Leader for over 8 years, inspiring, developing and coaching others. Your leadership skills enable you to motivate cross-culture teams and build high-performing teams
Agile, responds positively to change, embraces and employs new practices to accomplish goals and solve problems
You have been in a matrix international work environment which requires you to utilize your influencing skills and collaborative efforts fully
You have a GSD certification and can challenge manufacturing suppliers in SMV and the best methods

Must Haves

Acknowledges the presence of choice in every moment and takes personal responsibility for their life.
Possesses an entrepreneurial spirit and continuously innovates to achieve great results.
Communicates with honesty and kindness, and creates the space for others to do the same.
Leads with courage, knowing the possibility of greatness is bigger than the fear of failure.
Fosters connection by putting people first and building trusting relationships.
Integrates fun and joy as a way of being and working, aka doesn’t take themselves too seriously.

Beyond The Paycheck (Benefits & Perks)At lululemon, we care for and invest in the whole person – body, mind, spirit. Our total rewards program is designed to support you in achieving your goals and focus on the things you love. In addition to competitive base pay and a team-based bonus program, we also offer paid time off, generous employee discounts, fitness/yoga classes, parenthood top up program and personal and professional development programs.Note: availability of these benefits and perks may be subject to your location & employment type and may have certain eligibility requirements. The Company reserves the right to alter these benefits and perks in whole or in part at any time without advance notice.Learn more about what it's like working for lululemon in our Asia-Pacific markets:All applications applied through our system will be delivered directly to the advertiser and privacy of personal data of the applicant will be ensured with security.

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