Cost Optimization Analyst

2 weeks ago


New York, New York, United States TekWissen ® Full time

Job Title: Sourcing Analyst- COGS

Location: New York, NY

Duration: 3 Months

Job Type: Contract

Work Type: Hybrid

Compensation: $30/hr - $35/hr

Position Overview:

The Sourcing Analyst for Cost of Goods Sold (COGS) plays a crucial role in enhancing cost efficiency across various initiatives. This position involves:

  • Cross-Functional Support: Collaborating on all initiatives aimed at reducing COGS.
  • Vendor Analysis: Assessing and leveraging the capabilities of both existing and potential suppliers to ensure competitive pricing.
  • Initiative Scoping: Conducting competitive analysis, cost assessments, and validating opportunities for improvement.
  • Project Management: Overseeing COGS initiatives to ensure timely and effective execution.
  • Facilitation of Brainstorming Sessions: Leading value engineering discussions and ideation sessions with both internal teams and external partners.
  • Cost Increase Analysis: Evaluating and addressing requests for cost increases while supporting negotiation efforts.
  • Collaboration with Initiative Owners: Working closely with stakeholders to align on unit volumes, pricing, timelines, and overall project tracking.
  • Tracking and Reconciliation: Monitoring actual costs and reconciling initiatives with Price Point Variance and Average Unit Cost metrics.
  • Reporting: Assisting in the preparation and publication of results to align with financial review meetings.


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