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Director, Materials Costing - Footwear 1
Adidas Group
Hong Kong, , Hong Kong
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Purpose:
• Plan & develop strategies to ensure that footwear material sourcing contributes to the overall profitability of adidas Group Brands. Lead and drive the implementation of material costing practices, standards, and systems. Manage the material business reporting and supplier performance assessment tools to ensure total cost view of material supply.
Key Responsibilities:
Material Costing:
• Analyze footwear material spend and identify opportunities to optimize material sourcing for improved profitability.
• Develop footwear material costing guidelines to establish standardized costing processes and procedures across all Regional Material Sourcing locations.
• Lead the seasonal Buffer Management process for Materials and collaborates with Finance and Costing to set the material buffer.
• Communicate material price trend information to Global product creation teams in order to facilitate achievement of margin targets.
• Ensure accurate and up-to-date market data for raw materials, currencies, and other input cost factors to enable analysis of supplier pricing levels.
• Drive the seasonal material price negotiation process by coordinating targets and timelines with the Material Sourcing Management team and support the negotiation to deliver the targeted price levels.
• Facilitate tendering activities for Optimized material programs in collaboration with the relevant material experts.
• Facilitate the upload of material price information into the material database according to product costing timelines.
• Act as the business lead for strategic projects to improve material procurement practices in order to drive industry-leading material value for the adidas Group.
Material Performance Measurement:
• Develop business reporting capabilities that enable effective analysis and decision-making by Product Operations Material teams.
• Manage the SCP reporting process and deliver information to stakeholders in order to drive improvement of availability and quality from Tier 2 suppliers.
• Manage the Quarterly Business Reporting process including material localization, turnover, and complexity reporting.
Key Relationships:
• Material Sourcing
• Category & Horizontal Material team in HQ
• Product Operations Costing
• Finance
• T1 Footwear suppliers
• T2 Footwear suppliers
Knowledge Skills and Abilities:
• Strong interpersonal and communication skills, able to communicate at senior management level
• Strong analytical and quantitative skills
• Strong knowledge of Footwear industry and manufacturing methods
• Good knowledge of standard Software applications (Excel, PowerPoint)
• Good project management skills
• Strong Financial or Costing knowledge a plus.
Requisite Education and Experience / Minimum Qualifications:
• Degree in Business/Finance; MBA will be a plus
• 7-10 years’ experience in footwear manufacturing, preferably in Costing or Materials function.
• Fluency in English, knowledge of another language (ideally Mandarin, Vietnamese, Bahasa, or German) an advantage.