Senior Analyst, Materials Costing

Supply-Chain; Singapore; On-site; SGD 90,000 - 130,000; Full time

Job summary

VF is seeking a Senior Costing Analyst to drive cost transparency across its Material Sourcing function in Singapore. You will analyze fabric cost structures, develop cost models, and support supplier negotiations with data-driven insights.

The role collaborates with cross-functional teams to optimize material selection, maintain cost data, and track market trends to inform strategic sourcing decisions.

Qualifications

• Strong ability to build and interpret cost breakdowns for fabrics and materials.
• Understanding of fabric construction, finishing processes, and cost drivers in textile manufacturing.
• Proficiency in Excel (pivot tables, VLOOKUP, macros) and PLM systems.

Responsibilities

• Analyze and validate fabric cost breakdowns from suppliers, ensuring accuracy.
• Develop and maintain cost models for various fabric types including materials, processing, and logistics.
• Track cost trends, market fluctuations, and currency impacts on fabric pricing.
• Support negotiations with suppliers using data-driven insights.
• Maintain a centralized fabric cost data repository and digitize costing workflows.

Skills

Cost modelling & analysis

Textile knowledge

Data management

Analytical thinking

Financial acumen

Problem solving

Collaboration & communication

Project management

Negotiation support

Clear communication

Tools

Excel

PLM

Job description

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 & ReportingAnalyze 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 & NegotiationPartner 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 OptimizationMaintain a centralized database of fabric cost data, supplier quotes, and historical pricingSupport the digitization of costing workflows and integration with PLM systems.Cross-Functional CollaborationWork 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 SkillsCost 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 PLMMarket Awareness: Familiarity with global textile markets, commodity pricing, and supplier cost structures.Analytical & Strategic ThinkingFinancial 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 & CommunicationCross-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 ManagementPrioritization: Ability to manage multiple projects and deadlines in a fast-paced environment.Independence: Self-starter who can work with minimal supervision while collaborating effectivelyWHAT 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.Statement on Diversity & InclusionAt VF, we foster an inclusive environment that welcomes and values the differences of our associates, customers, suppliers, and communities. VF is an equal opportunity employer. We’re committed to providing equal opportunities in employment and treating our associates and applicants without discrimination on the basis of their race, color, gender (including pregnancy, childbirth, breastfeeding or related medical conditions), age, national origin, religion, sexual orientation, gender identity or expression, marital status, citizenship, disability, protected veteran status, HIV/AIDS status or any other legally protected factor.R-20260921-0008