Costing Manager Home Textiles
Costing Manager Home Textiles
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Job Description
Key Responsibilities:
1. Costing Strategy & Control
Develop and implement the costing strategy aligned with organizational goals.
Standardize costing methods and templates across product categories.
Monitor and control cost parameters to ensure optimal pricing and profitability.
2. Product Costing
Calculate pre-cost and post-cost of home textile products (yarn-dyed printed embroidered etc.).
Work with design sampling sourcing and production teams to validate BOM (Bill of Materials).
Ensure costing includes fabric trims accessories dyeing/printing finishing packaging freight and overheads.
3. Vendor Coordination
Obtain and compare quotes from multiple suppliers and mills.
Negotiate competitive rates for raw materials and trims.
Keep updated records of supplier price trends and market fluctuations.
4. Profitability & Margin Analysis
Conduct cost-benefit analysis for different product styles and order quantities.
Collaborate with merchandising to maintain target margins.
Provide input during price negotiations with buyers.
5. System Management
Ensure all costing data is accurately entered in ERP/SAP systems.
Maintain historical costing records for audit and reference.
Generate periodic reports on cost variances raw material trends etc.
6. Team Management
Lead and mentor the costing team.
Allocate workloads review reports and ensure deadlines are met.
Provide training on costing practices and systems.
Requirements
Strong analytical and numerical ability
In-depth knowledge of textile processes: weaving dyeing printing stitching etc.
Negotiation and vendor management skills
Proficiency in Excel ERP systems and cost analysis tools
Attention to detail accuracy and commercial acumen
Strong communication and cross-functional collaboration
Strong knowledge of fabric and garment construction and costing components Proficiency in Excel, ERP systems (e.g., SAP, Tally, or textile-specific ERPs) Analytical thinking and attention to detail Good communication and interdepartmental coordination Ability to work under pressure and meet tight deadlines
Employment Type
Full Time
