Analyst, Materials Costing, Footwear & Equipment

Role & Responsibilities:

Position Definition (Key Purpose of the Position):

As part of the Global Material Sourcing (GMS) Team , the costing analyst will manage all material costing related activities that services all Brands and product categories . The individual is responsible to manage and execute material cost benchmarking & support pricing negotiation to maximize “One VF” scale in leverage through analytics and brings a procurement mindset to the organization. The role has extensive focus to operationally connect with Brands, Sourcing, Suppliers, Finance, and Responsible Sourcing & Sustainability organizations. Frequent influential communication to external partners are required.

Key Result Areas:

· Manage seasonal costing for FTW & Equipment Materials through the go-to-market calendar to meet all milestones.

· Strengthen the “One VF” model by using fact-based insights to support the material supply strategy.

· Analyze and validate supplier cost breakdowns for underfoot components, ensuring accuracy and alignment with internal benchmarks

· Support cost negotiations by setting targets, applying fact-based methods, and driving outcomes in supplier discussions.

· Partner cross-functionally providing insights to cost competitiveness in support of supplier selection and underfoot component choices supporting material/manufacturing strategies and Product Development objectives.

· Maintain PLM material library costing functions and deliver benchmarking (commodity updates, savings tracking, and price-trend analysis..

• •Support data analysts to build and maintain cost models leveraging Ai capabilities to identify cost-reduction opportunities through material consolidation, supplier leverage, and process improvements.
• •Maintain centralized cost data for underfoot components, including supplier quotes and pricing history.
• •Support digitization of costing workflows and integration with PLM systems.

Competency Requirements:

Behavioral Competencies -

(Please refer to VF guiding principles and Leadership Profiles)

• •High EQ in working with cross-functional/cultural partners
• •Strong interpersonal and communication skills (oral and written)
• •Optimistic and dare to take calculated risks
• •Team player and the ability to work independently
• •Bold and creative thinking
• •Competent in managing relationships with suppliers and internal business partners
• •Able to work under pressure with multiple tasks simultaneously while meeting tight deadlines

Functional Competencies –

List down specific set of functional skills required to perform in this role

• •Strong negotiation skills with the ability to influence
• •Strong analytical and problem-solving skills
• •High understanding of underfoot materials and related commodities

Experience

Minimum Relevant Experience:

Experience in Apparel, Footwear, Equipment materials and/or Sourcing and Supply Chain organizations but not limited to

Minimum Supervisory Experience:

N/A

Nature of Work:

Materials Sourcing

Academic Qualifications

Minimum Degree Held: Bachelor’s degree, College graduate or equivalent work experience

Subject Expert In: Textile, Procurement, Supply Chain, but not limited to

Certifications Required: N/A

R-20260526-0019