Sourcing Analyst-Temp
We are seeking a highly organized and detail-oriented Temporary Sourcing Analyst to support the Commercial Sourcing Team for a leading fashion company during the maternity leave of key team members. This role plays a critical part in managing new product launch costing, vendor communications, and cross-functional collaboration throughout the product development lifecycle. As part of the broader Global Vendor Management (GVM) Team, you will work closely with Commercialization, Packaging, Planning, Operations, Merchants, Product Development, and external vendors to ensure accurate costing and timely execution of new product launches. The Global Vendor Management organization includes the Strategy Team, Commercial Sourcing Team, and Vendor Discovery Team, all focused on vendor relationship management, sourcing strategy, cost negotiations, and cost management processes.
- Hourly Pay Rate: $30.00
Responsibilities:
- Support the Commercial Sourcing team with costing activities for new launch products.
- Develop and communicate finished goods cost estimates, including components, bulk, and fill costs.
- Partner with Merchandising and Planning teams to ensure products meet target cost objectives.
- Collaborate with vendors, packaging partners, and formula suppliers to identify cost-saving opportunities.
- Review and validate vendor quotes and challenge inconsistencies when necessary.
- Prepare target cost files and submit Requests for Quotes (RFQs) through internal systems.
- Manage RFQ acceptance and support SAP cost rolling processes to enable timely purchase order placement.
- Participate in weekly Launch Readiness Meetings and provide updates on product costing status.
- Collaborate with Planning teams to determine appropriate buy strategies based on volume forecasts and seasonality.
- Attend Product Development Status Meetings and communicate cost impacts related to assortment changes and agility requests.
Required Qualifications:
- Strong analytical and problem-solving skills
- Proficiency in Microsoft Excel, SAP and PLM reporting tools
- Excellent verbal and written communication skills
- Ability to manage multiple priorities and deadlines
- Strong organizational skills
- Comfort working with cross-functional teams
- Ability to build productive relationships with vendors and business partners
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