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Cost Management Analyst
2 months ago
Position Overview: Sourcing Analyst
Russell Tobin & Associates is seeking a Sourcing Analyst to support a leading global specialty retail holding company.
Employment Type: Contract/Hybrid
Location: Manhattan, NY
Compensation: $33-$39/hr, based on experience
Key Responsibilities:
- Provide cross-functional assistance for all initiatives aimed at reducing the cost of goods sold (COGS).
- Identify and leverage the full potential and cost efficiency of both current and prospective vendors.
- Define initiatives with competitive pricing, cost analysis, and opportunity validation.
- Manage projects related to COGS initiatives to ensure effective advancement.
- Facilitate brainstorming sessions for value engineering (VE) with both internal teams and external partners.
- Evaluate and address cost increase requests while supporting negotiation efforts.
- Maintain and update COGS Initiative Tracking in collaboration with Beauty Operations and Brand partners.
- Work with initiative owners to align unit volumes, rates, and timelines while monitoring overall progress.
- Document actual results and reconcile initiatives with Price Point Variance and/or Average Unit Cost.
- Assist in the dissemination of results in alignment with monthly finance meetings.
Qualifications:
- Highly organized, motivated, and an exceptional communicator.
Preferred Qualifications:
- Experience in Project Management or COGS reduction.
- Knowledge of the Beauty Industry.
Benefits Offered by Russell Tobin:
Eligible employees receive comprehensive healthcare coverage, including medical, dental, and vision plans, along with supplemental insurance options. Additional benefits include a 401(k) retirement plan, life and disability insurance, an employee assistance program, identity theft protection, legal support, and discounts with select vendors.
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Compensation: $39.00 per hour, based on experience