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Location
New York City, NY, United States
Posted on
Jun 21, 2021
Profile
POSITION SUMMARY:
Lead and drive collaboration across the organization to evolve the end-to-end costing process, implement new ways of working, and drive profitability while mitigating headwinds and risk. The Director of Cost Optimization will bring experience in costing, analytics, commodity forecasting, and process creation, and will provide senior leadership and x-functional brand teams with cost guidance and clear recommendations to unlock value for the enterprise.
PRIMARY RESPONSIBILITIES / ACCOUNTABILITIES:
Costing process: Play leadership role in evolving end-to-end costing process for PVH, inclusive of systems implementations. Build AUC/AUR process in partnership with global stakeholders.
Profitability & mitigation: Identify cost savings initiatives factoring in impact from sourcing strategy shifts, manufacturing practices, duty landscape, macro-economic variables, payment terms, logistics models, business and consumer needs.
Purchasing guidance: Provide PVH level guidance on commodities and cost inputs, and recommendations on purchasing to global senior leadership
Sourcing Strategy: Model impacts of potential decisions and shifts on overall cost base and profitability and make recommendations to business leadership
Reporting: Create reporting and dashboards to drive discussions with Supply and Finance Leadership on cost benefits realized
Connectivity & upskilling: Create and lead a global cost optimization community. Foster connectivity, drive information sharing and training across global teams and partners of PVH Supply on Cost Optimization approach and ways of working.
Cost Savings Log: Implement an updated global Cost Savings / Contribution Log process that captures and reports cost savings attributable to Supply teams’ action and roll out globally.
Cost discussions: Provide fact-based input and recommendations supporting Sourcing teams in discussions with strategic suppliers on key programs, categories and / or locations
Connect into Finance: Partner with Finance and divisional CFOs to understand P&L and where cost savings are realized
Analytics: Provide transparency into product cost structure and insights on cost drivers. Partner with TPG to develop analytical tools enabling cost visibility.
QUALIFICATIONS & EXPERIENCE:
Experience / Certifications:
10+ years’ experience apparel and textile manufacturing, sourcing or retail industry with costing or industrial engineering related areas required.
Previous experience in managing and implementing process or efficiency improvement projects and initiatives preferred.
Data and analytics related experience and / or certifications preferred.
Education:
Bachelor’s Degree (or higher) required.
Graduate or professional qualifications in related area of study preferred.
LEAN, Six Sigma Certification preferred
MBA or Master Degree in Business a plus
Skills:
Self-motivated with strong influence leadership and negotiation skills
Ability to influence others cross functionally including senior leadership
Excellent facilitation, leadership, problem solving, and analytical skills.
Effective at crafting presentation messaging, format, and flow
Excellent, articulate and detailed communication skills (verbal and written)
Strong ability to maintain poise and encourage positive outlook during times of rapid change and uncertainty
Experience with analytics, modeling and simulation.
Strong analytical, reasoning and problem-solving skills.
Ability to create and operationalize data-driven processes.
Strong communication and influencing skills
Excellent commercial and financial acumen.
Values of integrity and adherence of highest ethical standards non-negotiable.
**MEMBERS ONLY**SIGN UP NOW***.. or its subsidiary (PVH) is an equal opportunity employer and considers all applicants for employment on the basis of their individual capabilities and qualifications, consistent with applicable law and without regard to race, color, sex, gender identity or expression, age, religion, creed, national origin, citizenship status, sexual orientation, genetic information, physical or mental disability, military status or any other characteristic protected under federal, state or local law. In addition to complying with all applicable laws, PVH also has a strong corporate commitment to inclusion, diversity and to ensuring that all current and future PVH associates are compensated solely on job-related factors such as skill, ability, educational background, work quality, experience and potential. To achieve these goals, across the United States and its territories, PVH prohibits any PVH employee, agent or representative from requesting or otherwise considering any job applicant’s current or prior wages, salary or other compensation information in connection with the hiring process. Accordingly, applicants are asked not to disclose this salary history information to PVH
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