Associate - Costing [Sourcing - Footwear]

2 months ago

mumbai, India The Souled Store Full time

About Us:

The Souled Store is a homegrown youth casual-wear brand started in 2013. We are one of India’s largest online merchandising platforms with licenses like Disney, Warner Bros; WWE, IPL, Viacom18 to name a few. Apart from selling products with themed designs such as superheroes, movies, TV shows, and cartoons, the brand also is at the forefront of the latest youth style and fashion trends. In addition to core men and women wear apparel categories, we have also expanded to new categories and introduced new product lines like activewear, supima products, innerwear, personal care products like perfumes etc. We have also launched footwear and kidswear recently. Although we are primarily an online brand, we’ve expanded in the offline retail space as well and have stores in Mumbai, Bangalore, Delhi, Pune and Indore. The Souled Store was born out of the idea of loving what you do, from the soul. We believe that people do their best work when they love what they do. There are too many Monday mornings and you can’t go dreading every single one of them. Over the years, we have built a strong team of like-minded people that work smart, own their work, and think like leaders. If you identify with what we do and are interested in being a part of an aggressively growing brand, we would love to have you on Board


Team Overview :

The Associate - Sourcing Footwear [Costing] will play a key role in ensuring cost-effective sourcing and production of footwear. This role involves close collaboration with suppliers, internal teams, and cross-functional departments to develop accurate costing for footwear products. The role focuses on analyzing cost components, supporting negotiations, and helping maintain cost competitiveness while ensuring product quality.


Responsibilities:

● Calculate and analyze costs for footwear products, including material, labor, production, and logistics costs.

● Work closely with suppliers to gather cost inputs, validate quotes, and negotiate costs for materials and production.

● Support the development and implementation of cost negotiation strategies to achieve target margins.

● Collaborate with design, development, and sourcing teams to understand product specifications, material requirements, and design details.

● Facilitate the sourcing of materials and components to meet both design specifications and cost objectives.

● Continuously analyze costs across different suppliers and regions to identify cost-effective sourcing options.

● Conduct market research on footwear costing trends, raw material price fluctuations, and industry standards.

● Stay updated with cost trends, competitive pricing, and economic factors impacting footwear production costs.



Qualifications :


● Bachelor’s degree in Supply Chain, Business Administration, or a related field.

● 2-5 years of experience in costing, sourcing, or procurement, preferably in the footwear or apparel industry.

● Strong analytical and financial acumen.

● Proficiency in Microsoft Excel, ERP systems, and costing tools.

● Understanding of footwear materials, manufacturing processes, and cost components.

● Excellent negotiation and communication skills.

● Ability to collaborate with cross-functional teams.

● Willingness to travel occasionally for supplier meetings and factory visits.

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