Open Costing Merchandiser (Costing Specialist)

Job Description

Title: Open Costing Merchandiser (Costing Specialist)

Company Name: Sainsbury's Argos Asia Limited

Vacancy: Not specific

Job Location: Anywhere in Bangladesh

Employment Status: Full-time

Educational Requirements:
∎ Bachelor degree in any discipline

Experience Requirements:
∎ At least 5 year(s)
∎ The applicants should have experience in the following business area(s): Buying House

Job Responsibilities:
∎ What I need to do:
∎ Owning the open costing and fabric open costing sheets on behalf of the Division updating them as our understanding evolves and making the sheets more consistent and more efficient to use
∎ Develop a database to house our open costing data extracted from the open cost sheets submitted
∎ Have a holistic view of the sourcing landscape and impact on prices; work closely with the Commodity Risk Management team in London to anticipate trends in raw materials and articulate the impact this will have
∎ Leverage the open costing database to identify the broader impact of significant shifts in raw material trends; understand our collective exposure on variously labour, fabric and freight and other components
∎ Provide a tool that enables easy cross-comparison of cost levers by suppliers of similar or the same products, or suppliers producing similar products in the same region
∎ Shout out opportunities to harmonize open costs and leverage inconsistencies between suppliers; give the Sourcing team guidance on the optimal levers they have at their disposal going into negotiations
∎ Develop local understanding of the landed cost model and the levers from FOB to a fully landed cost
∎ Report on the savings generated across products that are like for like, or comparable, for example continuity
∎ Report periodically on the trends effecting our prices and the impact of these on final cost and provide ad hoc analysis on KVI line performance and understand our Value Index against the competition
∎ Support the Sourcing team in generating a holistic view of price impact going into a new season and in running tenders with open cost sheets
∎ Support the Fabric Sourcing team giving visibility of price discrepancies and variation in consumption
∎ Lock down component of cost in our open cost sheets reflecting fixed prices from nominated sources for say hangers, transit packaging and shrouds
∎ Develop our business understanding of export rebates, and supplier and raw material supplier financing
∎ Develop tools that assist our Sourcing team in optimizing volume levers; understand the levers that drive MOQs; work with the VCA team to conduct selective deep dives on the cost levers of volume thresholds
∎ Work with the Origin Supply team to ensure container fill is optimized and freight costs are minimized
∎ Develop collaborative relationships with Sourcing, Buying, Global Design and Technical
∎ How I will succeed:
∎ I understand our Clothing Strategy and Global Sourcing Strategy the role I play in delivery
∎ We achieve our commercial objectives for margin rate improvement and cost of goods reduction; we beat our Divisional sales and profit targets
∎ I produce periodic insight and intelligence to assist the Sourcing in better effectively managing cost prices
∎ The Sourcing team and I can confidently articulate the value we have delivered through our negotiations
∎ Our costing knowledge and data continues to evolve, is ever more robust and is efficient to use; the Sourcing and Buying teams value the knowledge and insight I bring
∎ Invest time in my own development and the development of my colleagues; champion Diversity & Inclusion within my team and the broader business
∎ Role model our colleague values
∎ Show continuous improvement in our "We're listening" colleague engagement score
∎ What I need to know:
∎ 5 years+ experience in analytics and data management, preferably in a Sourcing or Supply chain capacity
∎ Proven capability in data management and in providing commercial analysis and intelligence
∎ Outstanding commercial pedigree with a strong track record of commercial success
∎ An interest in production processes, techniques, and product components
∎ Excellent knowledge of global trends in commodities and manufacturing, competition, pricing and brands
∎ Digitally skilled, able to adapt to software and hardware evolution
∎ Excellent written and spoken English, and for Hong Kong, Mandarin
∎ What I need to show:
∎ A rigorous approach to data interpretation with a strong sense of commercial value
∎ Comfortable with ambiguity, sound judgment
∎ A team player, able to develop an appreciation of stakeholder requirements and adapt work accordingly
∎ High level of commercial acumen, able to adapt problem solving skills to the evolving context of the business
∎ Great influencing skills identifying solutions and outcomes across a broad network of stakeholders
∎ Communicates confidently at the highest level in our organization and within the supply base
∎ Creative thinker confident in challenging existing ways of operating to deliver ongoing efficiency in our operating model
∎ Adept at leading multi-cultural teams directly and indirectly with a strong understanding of local dynamics

Additional Requirements:
∎ 5 years+ experience in analytics and data management
∎ Proven capability in data management
∎ Person with disability are encouraged to apply

Salary: Negotiable

Job Source: Bdjobs.com Online Job Posting.

Application Deadline: 23 Apr 2021

Company Information:
∎ 13 Apr 2021
∎ Sainsbury's Argos Asia Limited
∎ Business : J Sainsbury is a leading UK food retailer. The company`s business comprises Sainsbury`s supermarkets, convenience stores, UK`s third largest digital & catalogue retailer named Argos, groceries online and Sainsbury`s Bank. The company`s range of product offerings besides food and groceries include clothing, beverages, books and gift items, computer peripherals, kitchen appliances, meat and fish, petrol and fuel, pharmaceutical drugs, and home ware.

Sainsbury`s commitment to helping customers live well for less has been at the heart of what we do since 1869. Today that means making our customers lives better and easier every day by offering great quality and service at fair prices across food, clothing, homeware and financial services whenever and wherever they want it. As our customers` lives change, so will our business. Sainsbury`s acquired Home Retail Group, the owner of Argos and Habitat, on 2 September 2016, creating one of the UK`s leading food and non-food retailers - a multi-product, multi-channel business with fast delivery networks.

Sainsbury`s Argos Asia Ltd is a subsidiary of J Sainsbury - our Bangladesh Liaison Office currently manages the procurement process for products sourced through Asia. We source great products from Bangladeshi suppliers at best quality and the right cost in order to provide our customers with the products they love.

Find out more about us at http://www.sainsburys.co.uk & http://www.argos.co.uk/

Category: Garments/Textile

: Alternatively you can go to below link, emailed CV or Hard Copy CVs are not accepted. https://sainsburys.jobs/asia - Click 'Apply' on top right hand side - Scroll down and click the check box before 'Bangladesh' on left hand side. Then this vacancy will appear, you might have to accept cookies at the beginning.