Senior Analyst, Materials Costing

FashionUnited

Singapore

On-site

SGD 90,000 - 150,000

Full time

3 days ago
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Job summary

VF Material team in Apparel Sourcing is seeking a Senior Costing Analyst to drive cost transparency, efficiency, and strategic decision-making across fabric cost structures. You will support supplier negotiations with data-driven insights and collaborate with cross-functional teams globally.

You will develop cost models for fabrics, track cost trends and currency impacts, and partner with design, development, and sourcing teams to guide material selection and GTM processes.

Qualifications

  • Cost modelling and analysis of fabric/material costs.
  • Understanding of fabric construction and cost drivers.
  • Proficiency in Excel and PLM systems.
  • Familiarity with global textile markets and supplier cost structures.

Responsibilities

  • Cost analysis and reporting for fabric cost breakdowns with accuracy.
  • Develop and maintain cost models for various fabrics including raw material, processing, finishing, and logistics.
  • Track cost trends, currency impacts, and market fluctuations affecting fabric pricing.
  • Support seasonal cost negotiations with Tier 2 suppliers and provide data-driven insights.

Skills

Cost Modelling & Analysis
Textile Knowledge
Data Management
Market Awareness

Job description

Organized in 1899, VF Corporation is a global leader in the design, manufacture, marketing and distribution of branded lifestyle apparel, footwear and accessories. Our highly diversified portfolio of brands spans multiple geographies, product categories, consumer demographics and sales channels. VF relies on its Powerful Brands, Powerful Platforms, One VF approach to business to support its brands, maintain its competitive edge and drives a winning company culture

2. Your ROLE with us

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.
  • 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:

  • Being 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.

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:

  • Being 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.
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