Senior Manager, Cost Optimization & Raw Materials
PVH Corp.About the role
About Us:
We are brand builders who focus our passion and creativity to build Calvin Klein and TOMMY HILFIGER into the most desirable lifestyle brands in the world and at the same time position PVH as one of the best-performing brand groups in our sector. Guided by our values and enabled by our scale and global reach, we are driving fashion forward for good, as one team with one vision and one plan. That’s the Power of Us, that’s the Power of PVH+.
One of PVH’s greatest strengths is our people. Our collective desire is to create a workplace environment where every individual is valued, and every voice is heard, and we are committed to fostering an inclusive and diverse community of associates with a strong sense of belonging. Learn more about our commitments to Inclusion & Diversity here.
POSITION TITLE: Senior Manager, Cost Optimization & Raw Material Management
POSITION REPORTS TO (TITLE): Senior Director, Cost Optimization & Raw Material Management
POSITION LOCATION: New York, NY
POSITION SUMMARY
The key focus of this role is to develop and improve end-to end costing processes and tools with global stakeholders, mitigate risk and drive profitability. This role will drive and identify opportunities for cost optimization and support business teams in realizing benefits. This individual will bring both strategic and operational experience in costing and raw materials with the ability to work with global leadership and collaborate across multiple internal and external stakeholders.
PRIMARY RESPONSIBILITIES/ACCOUNTABILITIES
Profitability: Develop and improve end-to-end costing process and tools for PVH in partnership with stakeholders (e.g. Tech). Identify and define initiatives for cost optimization and material management.
Business Solutions Development: Drive business requirements and solution design for costing process, profitability reporting and raw material management. Steer and influence cross functional teams to define business case development and benefits realization.
Analytics: Define and Align KPI’s with global business stakeholders to identify opportunities to improve profitability through cost drivers, open costing, raw materials quotations, global vendor allocation and landed costs optimization. Drive creation of global profitability dashboards with business stakeholders and secure implementation and training for these tools.
Purchasing Guidance: Evolve and Be responsible for the internal tool for macro guidance on commodities, cost drivers, and recommendations on purchasing. Responsible for securing understanding of macro guidance tool in organization and guiding various functions in using macro guidance from goal setting to cost negotiations.
Raw Material Strategy: Create raw material data foundation, system solution, and reporting. Drive L2 strategy creation and follow up in collaboration with Traceability, Corporate Responsibility, Supply & Raw Material teams.
Supplier Tiering and Scorecarding Program: Initiate and drive L2 supplier tiering program creation across all brands & regions and define the right metrics to measure progress.
Connectivity: Champion collaboration and information sharing with various functions from Supply, Finance, Global Merchandising, Tech, Data analytics to achieve costing and raw material management initiatives
Overseas traveling is required.
No direct reports at this time.
QUALIFICATIONS & EXPERIENCE
Experience
10+ years of experience in relation to apparel, textile manufacturing, raw material, sourcing or retail industry with costing, consulting, or industrial engineering related area.
Functional knowledge of global manufacturing practices and costing expertise
Managing and implementing process and efficiency improvement projects and initiatives
Strong skillset with data and analytics
Prior working experience with global matrix organization is preferred
Education
Bachelor’s degree (or higher) in Textile, Business Administration or Industrial Engineering
Graduate or professional qualifications in a related area of study are highly preferred
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