Senior Manager, Costing Engineering

Reposted 8 Days Ago
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Shanghai, Shanghai Municipality, Shanghai, CHN
In-Office
Senior level
Food
Since 1913, we have been fueling life's adventures, delivering quality food and beverage gear that's #BuiltForLife
The Role
The Senior Manager, Costing Engineering oversees cost accounting, cost analysis, and management within APAC, ensuring efficiency and profitability.
Summary Generated by Built In

About us: Stanley 1913 - Built for Life® since 1913. 

The Stanley 1913 brand has fueled the human experience since the iconic Stanley vacuum bottle revolutionized the way people enjoyed food and beverage. Today, our colorful and thoughtfully designed products including the popular Quencher series go beyond function, elevating everyday moments with style and empowering active lifestyles. We’re a community of creators, builders, and inventors who believe in creating sustainable products for a better life and world that minimizes our impact on the planet. Learn more at www.stanley1913.com. 

Position Overview: 

This role is a senior-level cost management professional responsible for overseeing all aspects of cost accounting, cost analysis, and cost management within APAC region. This role serves as a strategic partner to operations, supply chain, and leadership to drive cost efficiency, accurate product costing, and profitability optimization.


What You Will Do

Costing:

  • Manage all cost negotiations with the source factories and be responsible for updating internal system with most updated and accurate cost timely.
  • Ensure CBD’s are available timely for all styles in production.
  • Collaborate with Sourcing, and the Source Factories to promote the transparency of costing.  This would include further defining costs for overheads and procedures.
  • Collaborate with Sourcing and the Source Factories to help develop a tiered cost system reflective of production complexity and actual incurred costs.
  • Develop and report on costing metrics to include (but not limited to) standard labor rates, average unit costs, standard yields etc.
  • Standardize Labor, overhead, yield etc. targets across factories and regions.
  • Responsible for hiring, training and supervising the Costing team.

Factory Operations

  • Collaborate with the Source Factories, Sourcing and US stakeholder teams to work towards long-term sustainable improvements within the manufacturing process as well as the costing process.  This should include utilizing lean techniques whenever possible to drive these changes.  These actual process changes will be linked with estimated actual costs used for the price paid for finished product.  This may include preparing conceptual cost analysis around new strategic initiatives or ventures.
  • Skilled in all aspects of costing construction, product knowledge, business experience, and negotiation skills, resulting in the enhancement and expedition of product costs through the development life cycle from prototypes through commercialization and strategic planning.  This will require being able to work as part of a cross-functional team.
  • Work with appropriate parties on negotiating and understanding costs of production processes (example – manufacture of complex CMF process etc.).
  • Maintain independence from factories and provide an appropriate level of professional skepticism when dealing with factories.  This role must set the standard in this area.

Materials

  • Collaborate with Sourcing (materials) to establish metrics around materials testing, qualification, usage and purchasing.  Additionally, work with these groups as part of the negotiation team for material costs and process improvements.
  • Collaborate with Sourcing and Suppliers to extend lean thinking back to the key supplier level.

Policies

  • Responsible for making sure there is appropriate documentation for all procedures and processes to ensure long-term sustainable benefits.
  • Management of Costing standard, policy and procedures. This provides a consistent basis for negotiation of the cost of the finished product.  Expertise in systems implementations, cost analysis and process improvements.

Systems

  • Ensure identification and full support for costing system implementations and usage, Supply Chain Management or other defined systems including costing packages. 

Management

  • Recruit, train, and develop a professional, independent costing organization responsive and supportive to local and corporate requirements.
  • Drive system implementation, standardized practices, and employee rotation are geared towards clear independence and professional development.

Who you are

  • Expertise with a Product Development PLM management system.
  • Proven talent in hands-on training. Strong research and analytical abilities. Excellent team building and interpersonal skills; work effectively with individuals at all levels.
  • Extremely successful in facilitating cooperative relationships among employees and management.
  • Well-developed communication skills demonstrated through professional verbal and writing abilities, client relations, marketing expertise, customer service skills, training new employees, and the ability to produce in-depth reports and correspondence.
  • Strong analytical, troubleshooting, and problem-solving skills, quickly assessing situations and providing solutions.
  • PC skills should include Microsoft office, costing software, Centrics or other PLM system, must have the ability to learn and master new software.
  • Must be multi-lingual (Mandarin/English required).
  • Travel required Domestic and International
  • Bachelor’s Degree required in Engineering, supply chain, finance
  • Requires 7 to 10 years of related experience in athletic sports, CPG, or FMCG type supply chain with either OEM and/or owned factories.

About our parent company: Morgan Street Holdings   

The Stanley 1913 brand is owned by Morgan Street Holdings (formerly HAVI), a privately held enterprise with a diverse portfolio of operating companies, including HAVI Supply Chain, tms, and Continental.  Morgan Street Holdings’ portfolio provides best-in-class sourcing and supply chain capabilities, brand-defining marketing and promotion services, innovative consumer products, and dining and refreshment food solutions. Morgan Street Holdings employs over 10,000 people and serves 300+ customers across the globe.  

Morgan Street Holdings supports the Stanley 1913 brand with competitive pay and benefits, along with exposure to diverse industries and professional networking and development opportunities.   

Skills Required

  • Bachelor's degree in Engineering, Supply Chain, or Finance
  • 7 to 10 years of experience in athletic sports, CPG, or FMCG supply chain
  • Expertise in product development PLM management system
  • Multi-lingual (Mandarin/English)
  • Strong analytical and problem-solving skills
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The Company
HQ: Seattle, Washington
886 Employees
Year Founded: 1913

What We Do

We have fueled the human experience since the iconic Stanley vacuum bottle revolutionized the way people enjoyed food and beverage in 1913. Today, our colorful and innovative Hydration products, including the beloved Quencher®, as well as our Cafe, Bar, Kitchen, and Hard and Soft Cooler offerings, go beyond function, elevating everyday moments with style and empowering active lifestyles. We're a community of creators, builders and inventors who believe in creating sustainable products for a better life and world that minimize our impact on the planet. Headquartered in Seattle, with offices around the world, the Stanley 1913 brand is Built For Life™. We are continuously looking for passionate people who value creativity and are ready to make an impact. Whether you're interested in product development, design, sales, marketing, or IT, Stanley 1913 offers a dynamic and inclusive work environment where you can learn, grow, and make a difference. Join the ONE STANLEY team today! Apply to one of our open jobs today or send your resume for future roles. https://www.stanley1913.com/ Stanley 1913 is a brand of PMI WW Brands, LLC, an operating company owned by Morgan Street Holdings.

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