Deputy Manager/Manager (Costing)

Deshbandhu Group; United Kingdom; On-site; GBP 30,000 - 50,000; Full time

Job summary

A leading multinational company in the United Kingdom is seeking a professional to manage product costing and inventory effectively. The role includes collaborating with teams, analyzing sales figures, and forecasting profits to meet budget targets. Candidates should have practical knowledge in product costing and a strong ability to maintain customer relationships. Competitive salary and opportunities for growth are offered.

Qualifications

• Adequate practical knowledge regarding product costing.
• Ability to maintain and track inventory.
• Skills in forecasting profits/sales and managing budgets.

Responsibilities

• Provide product costing expertise during product creation cycles.
• Produce layout plans for stores and maintain inventory.
• Build constructive customer relationships and close deals.

Skills

Product costing expertise

Inventory management

Customer relationship development

Sales analysis

Budget forecasting

Market trend analysis

Job description

Responsibilities

• Have adequate practical knowledge regarding preparation of General product costing such as Beverage, Polymer, Cement, Sugar, Rice, Footwear, Consumer Items and apparels.
• Maintaining and tracking inventory.
• Provide product costing expertise to Product Development team during product creation cycles to advise on key cost drivers and options to adjust costs to meet margin targets.
• Forecast profits/sales and plan budgets managing budgets after completion of Job.
• Maximize customer interest and sales levels by displaying products appropriately.
• Produce layout plans for stores and maintain store shelves and inventory•
• Monitor stock movement and consider markdowns, promotions, price changes, clear outs etc.
• Liaising between customer and company.•
• Sourcing the product & Negotiation the rate.
• Build constructive customer relationships and team with channel partners to build pipeline and close deals•
• Analyzing sales figures, market trends and customer behavior to determine product needs.
• Determining the need for and implementing product promotions, price changes, mark downs, clear outs, etc.
• Ensuring retail staff are well informed on product details and promotions.
• Maintaining and tracking inventory.
• Liaising between customer and company.
• Forecast profits/sales and plan budgets managing budgets after completion of Job.
• Collaborate with buyers, suppliers, distributors and analysts to negotiate prices, quantities and time-scales.
• Maximize customer interest and sales levels by displaying products appropriately.
• Monitor stock movement and consider markdowns, promotions, price changes, clear outs etc.
• Build constructive customer relationships and team with channel partners to build pipeline and close deals.
• Own seasonal margin report preparation and analysis and reporting tool updates and maintenance at each key milestone.
• Recommend and design improvements to the reporting tool.
• Create and manage seasonal FOB KPI reporting tool to facilitate product value/ margin/FOB discussion with cross-functional teams and to enhance margin optimization•
• Partner with Liaison Costing Team to monitor and forecast raw material price trends, labor cost trends in sourcing countries and other cost drivers•
• Maintaining and tracking inventory.
• Advise on long range FOB forecasting to facilitate strategic decision making, sourcing allocation and financial planning.
• Understand Innovation Team product strategies and provide costing expertise at prototype stage to inform design and manufacturing decisions well-ahead of inline production.
• Any other job assigned by the Management time to time.