Costing Engineer

3 weeks ago

Bengaluru, Karnataka, India SRS Infoway Full time
Job Description

Position Summary

The Senior Costing Engineer plays a critical role in supporting PVH's global product development and innovation strategies, particularly for Tommy Hilfiger products across the EMEA, NA, and APAC regions. This role focuses on driving cost competitiveness, optimizing total cost, and improving operational efficiency through robust costing methods, analytical tools, and cross-functional collaboration.

Primary Responsibilities/Accountabilities

- Provide seasonal cost benchmarks at the style level; identify cost gaps and share insights with relevant teams to enhance cost negotiations.
- Develop Should Cost standards for key cost drivers using fact-based costing methodologies.
- Identify and implement cost improvement opportunities through:
- Product re-engineering
- Manufacturing process enhancements
- Material waste reduction
- Lead cost analytics and governance initiatives across the supply chain.
- Support forecasting of macro cost trends, and reconcile actual costs against forecasts for reporting and analysis.
- Assist Costing Leadership in executing global strategic initiatives.

Internal & External Contacts

- Internal: TH Global Supply teams, and other cross-functional business units as necessary.
- External: L1 and L2 Suppliers and Vendors.

Supervisory Responsibilities

- Direct Reports: N/A
- Indirect: Functional influence over cross-functional teams

Budgetary Responsibilities

- Budget Impact: N/A

Decision-Making Responsibilities

- Independent decision-making within defined responsibilities and scope of role.

Creativity & Innovation

- Stay current with industry trends and emerging manufacturing technologies impacting cost structures.
- Apply creative problem-solving to enhance costing strategies and product competitiveness.

Work Environment

- Based primarily at the Bangalore office.
- Occasional international travel may be required, depending on project needs and leadership direction.

Core Values

All employees are expected to embody PVH's core values:

- Individuality
- Partnership
- Passion
- Integrity
- Accountability

Qualifications & Experience

Education:

- Bachelor's degree (or higher) in Industrial Engineering or related field.

Experience:

- Extensive experience in apparel manufacturing, particularly in industrial engineering and product costing.
- Practical experience in work measurement techniques (e.g., GSD licensed practitioners strongly preferred).
- Certification in Lean Manufacturing and/or Six Sigma is a plus.
- Exposure to supply chain or operational functions in a multinational environment is preferred.

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