Are you a skilled and analytical individual with a passion for the footwear industry? Do you thrive in a fast-paced and dynamic environment? Under Armor is seeking a Lead, Footwear Costing to join our team. As the Lead, you will play a crucial role in driving the profitability and cost efficiency of our footwear products. This is a unique opportunity to use your expertise and leadership skills to make a significant impact on our business. We are looking for a detail-oriented and results-driven individual with a strong background in footwear costing. If you are ready for a challenging and rewarding career with a leading athletic apparel brand, we want to hear from you!
- Conduct detailed analysis of footwear production costs to identify areas for cost savings and efficiency improvements.
- Develop and maintain a comprehensive costing strategy for footwear products, taking into account factors such as materials, labor, and production processes.
- Collaborate with cross-functional teams including design, sourcing, and product development to ensure cost targets are met without compromising product quality.
- Utilize industry knowledge and market trends to inform cost projections and identify potential risks or opportunities.
- Lead and mentor a team of footwear costing analysts, providing guidance and support to achieve department goals.
- Implement cost tracking and reporting systems to monitor and report on product costs throughout the development and production process.
- Continuously evaluate and improve costing processes to increase accuracy and efficiency.
- Communicate with suppliers to negotiate pricing and ensure compliance with cost targets.
- Participate in product development meetings to provide cost insights and recommendations.
- Stay up-to-date on industry standards and regulations related to footwear costing and incorporate them into company policies and procedures.
- Collaborate with finance teams to develop and manage product cost budgets.
- Identify cost-saving opportunities through value engineering and alternative sourcing strategies.
- Work closely with supply chain teams to optimize production and logistics costs.
- Provide regular updates and reports to upper management on cost projections, savings, and other relevant metrics.
- Act as a subject matter expert on footwear costing for the company, providing guidance and support to other departments as needed.
Minimum Of 5 Years Experience In Footwear Costing: The Ideal Candidate For This Role Should Have At Least 5 Years Of Experience In Footwear Costing, Ideally In A Similar Position At A Reputable Retail Or Athletic Brand.
In-Depth Knowledge Of Footwear Manufacturing Processes: A Strong Understanding Of Footwear Manufacturing Processes And Materials Is Essential For This Role. The Lead Should Be Well-Versed In The Various Stages Of Production, From Design To Sourcing And Final Costing.
Proficiency In Cost Analysis And Negotiation: The Ability To Accurately Analyze Product Costs And Negotiate With Suppliers Is A Crucial Skill For A Lead, Footwear Costing. The Candidate Should Have A Proven Track Record Of Achieving Cost Savings Without Compromising On Product Quality.
Strong Organizational And Project Management Skills: As A Lead, This Individual Will Be Responsible For Managing Multiple Projects And Working With Cross-Functional Teams. Excellent Organizational And Project Management Skills Are Necessary To Ensure Timely And Efficient Completion Of Tasks.
Bachelor's Degree In Business, Finance, Or Related Field: A Bachelor's Degree In Business, Finance, Or A Related Field Is Typically Required For This Role. A Background In Accounting Or Supply Chain Management Can Also Be Beneficial.
Product Development
Data Analysis
Supply Chain Management
Market Research
Budget management
Cost Analysis
Quality Control
Production Planning
Pricing
Material Sourcing
Vendor Negotiation
Cost Forecasting
Communication
Conflict Resolution
Emotional Intelligence
Leadership
Time management
Interpersonal Skills
creativity
Teamwork
Adaptability
Problem-Solving
According to JobzMall, the average salary range for a Lead, Footwear Costing in Baltimore, MD, USA is $70,000 - $90,000 per year. However, this can vary depending on factors such as experience, skills, and company size. Some companies may offer higher salaries for this role, while others may offer lower salaries. Additionally, location and industry can also impact the salary range for this position.
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Under Armour, Inc. is an American company that manufactures footwear, sports, and casual apparel. Under Armour's global headquarters are located in Baltimore, Maryland with additional offices located in Amsterdam (European headquarters), Austin, Guangzhou, Hong Kong, Houston, Jakarta, London, Mexico City, Munich, New York City, Panama City (international headquarters), Paris, Pittsburgh, Portland, San Francisco, São Paulo, Santiago, Seoul, Shanghai (Greater Chinese headquarters), and Toronto.
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