Senior Analyst, Materials Costing

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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