Sr Analyst, Product Costing

GAP Inc

4 - 6 years

Delhi

Posted: 16/01/2025

Job Description

About the Role

Support in setting strategic direction for costing to ensure the simplifying the costing process & getting costing transparency with supplier. He/she performs work and supports the Manager with the clear objective of setting up transparent costing with vendor & support in costing negotiations process.

What You'll Do

Simplifying the whole costing process & establishing transparent costing with suppliers
Support in setting up business allocation decision based on product-based supply chain
Improve the AUC margin expectations through key levers product strategy, man machine ratio, factory efficiency, labor cost and material optimization with the aim to deliver product value to the consumer.
Establish and continuously update costing frameworks, standards and tools that enable transparent, fact-based costing with suppliers
Explore & develop training materials for both Gap internal staffs & external vendors/factories.
Establish an appropriate governance for cost validation through standardization, benchmarking
Supporting in creating factory level/country level cost competitive matrix.
Explore & develop new training tools and training materials for both Gap internal staffs & external vendors/factories.

Who You Are

Strong knowledge of manufacturing within apparel/non-apparel industry
Thorough understanding of Gap Inc. CoBC protocols.
Basic knowledge of sourcing (i.e. LEAN, Quality, Sustainability, Manufacturing processes)
Knowledge of PMTS based tools and Marker making tools to material Yield have an added advantage
Strong knowledge of product cost drivers (i.e. Macro factors which drives the cost)
Solid industry knowledge including market trends for new vendor sourcing and development
Ability to create reports, provide analysis and recommendations to improve productivity & efficiency
Communication skills– both written and verbal – English; local language is an added advantage
Strong negotiations skill, risk management and trouble shooting skills; works proactively
Ability to influence all levels internal; & external supplier management
Supervision, training and staff learning development skills
Planning, scheduling and reporting strengths
University graduate or degree in Industrial Engineering or Textile or Garment (Industry related) or equivalent work experience
4-6 years business experience in managing end to end costing
Staff management and supervising experience across broad geographical area.
Advanced level of Excel skill and data analytical tools

About Company

Gap Inc., commonly known as GAP, is a leading global retailer specializing in clothing, accessories, and personal care products. Founded in 1969 and headquartered in San Francisco, California, Gap operates several brands, including Gap, Old Navy, Banana Republic, Athleta, and Intermix. The company is known for its casual and stylish apparel, targeting a wide range of age groups and lifestyles. With a strong presence both online and in physical stores, Gap focuses on offering high-quality, affordable fashion while emphasizing sustainability and social responsibility in its operations.