Sporting Fashion & Goods
Director, Costing FTW - China
Senior Level
Guangzhou, China
in office
Full time
Job description
About the Role
This role is a key player in Global PD&S, driving the vision to be the most agile, most competitive, most digitalised and cleanest supply base in the industry. It leads the execution of strategic costing implementation in the region and provides costing leadership to business partners in order to achieve cost competitiveness and the best possible value for consumers. The position works in alignment with the Vice President of China PD&S and in close partnership with the Global costing lead, leading the Costing team within the China region.
Key Responsibilities
- Execute the costing direction for the Regional Liaison Offices (LOs), in alignment with the Vice President of China PD&S and in close partnership with the Global costing lead.
- Provide costing leadership within the China region to ensure end-to-end costing application through close collaboration with relevant stakeholders, including CCS, Market and Finance.
- Guide and drive the achievement of margin targets through effective focus on all cost drivers to improve understanding of costs and positively impact margins.
- Lead the Costing team by setting clear objectives and providing guidance to ensure objectives are met, costing performance of Tier 1s (T1) is improved and factory-specific costing strategies are successfully implemented.
- Drive compliance and improvement of global costing policies and procedures.
- Build, manage and roll out Costing Standards within regions to achieve fact-based, competitive and sustainable pricing.
- Provide economic trend information, including labour cost, inflation and government policy change, necessary to formulate PD&S strategies, global costing policies and costing tools.
- Train and support the China PD&S team and T1s in the understanding and application of cost drivers, policies and processes, including the application of consistent, accurate and transparent information.
- Ensure all PD&S operations and practices fully comply with adidas' Responsible PD&S & Purchasing Policy, adidas standards and legal requirements, while managing the relevant processes internally and externally.
- Role model leadership to foster a culture of diversity, equity and inclusion that strives for an inclusive workplace.
- Develop and coach the Costing team to ensure the best standards of performance, appropriate skillsets and strong succession plans are in place.
Required Experience & Qualifications
- University degree.
- Minimum 10+ years of experience.
- Minimum 3+ years of people management experience.
- Industry/product knowledge (footwear or apparel).
- Strong financial acumen, analytical and negotiation skills.
- Strong presentation, influencing, people and communication skills.
- Fluent in English and Chinese, written and spoken.
- Strong Microsoft Office skills.
- Strong ability to lead multidimensional teams.
- Strong understanding of all components affecting landed cost calculation, including relevant duty rates by selling region, and awareness of trade agreements relevant to China.
About the Company
Adidas also believes that embedding diversity, equity and inclusion into its culture and talent processes gives employees a sense of belonging and the brand a real competitive advantage, and it recruits and develops talent to reflect the rich diversity of its consumers and communities.
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