Director, Materials Costing
PURPOSE
A key player in Global Sourcing in driving Sourcing’s vision to be the Most Agile, Most Competitive, Most Digitalized & Cleanest Supply Base in the industry. Lead material strategy process & strategic allocation to balance material portfolio against multiple factors, e.g. availability, cost, quality, sustainability, innovation etc. Ensure a best-in-class supplier portfolio. Drive implementation of data-driven sourcing best-practices and advanced materials costing approaches. Develop strategic plans to ensure that Material Sourcing contributes to the overall adidas’ strategy.
KEY RESPONSIBILITIES
- Ensure a balanced supplier portfolio, considering multiple factors such as cost competitiveness, availability, sustainability, innovativeness, quality and speed.
- Define the materials sourcing strategy process and sign-off the portfolio strategy jointly with the Vice President, Materials Sourcing and materials leadership team.
- Ensure strategy alignment with stakeholders, transparency to Brand, Horizontal and Sourcing teams.
- Ensure and track the implementation of portfolio strategy in line with the overall materials sourcing strategy (e.g. onboarding or phase-out of suppliers).Steer and ensure the implementation of the defined portfolio strategy and supplier reactions with all stakeholders, e.g., no new developments with suppliers that will be phased-out.
- Collaborate within materials team on translating strategic portfolio decisions into operative actions.
- Develop business reporting capabilities & manage regular reporting process of the material strategy, supplier performance measures as well as a comprehensive analysis of adidas materials spend.
- Establish standardized, advanced and data-driven materials costing approaches and procedures.
- Ensure the accurate and continuous tracking of market data for raw materials, currencies, and other cost factors to enable the comprehensive analysis of material cost.
- Possess general price trend knowledge and cost indications for new developments.
- Define and continuously improve the seasonal material price negotiation process.
- Lead the seasonal price negotiations and align targets for different categories, including sustainable materials and materials from innovative technologies such as waterless colorization.
- Building business cases or material pricing models from a cost & supplier portfolio perspective for sustainable materials incl. new technologies.
- Guide the application of advanced procurement techniques, e.g., tendering of materials.
- Lead the seasonal FOB forecasting process for materials and collaborate with Finance and T1 Costing to provide the right guidance to BUs and Markets.
- Ensure all sourcing operations and practices fully comply with adidas’ Responsible Sourcing & Purchasing Policy, adidas standards and legal requirements, while managing the relevant processes internally and externally.
- Role model leadership to foster a culture of Diversity Equity & Inclusion that strives for an inclusive workplace.
- Develop and coach team to ensure the best standards of performance, appropriate skillsets and strong succession plans are in place.
KEY RELATIONSHIPS
- Global Sourcing: Materials Operations, Materials Planning, Sourcing Operations
- Product Operations: Business Unit Costing, Planning
- External stakeholders: T2 suppliers, Strategic T3 suppliers
KNOWLEDGE SKILLS AND ABILITIES
- Leadership qualities that contribute to achieving the company’s strategic objectives and personal development goals.
- Excellent people and influencing communication skills.
- Strong business acumen, data-analytical and negotiation skills.
- Strong problem-solving and project management skills.
- Ability to drive initiatives and change.
- Strong knowledge of sports product and manufacturing methods.
- Possesses growth mindset and prioritize one’s betterment to enhance performance.
- Strong knowledge of MS office, especially PowerPoint and Excel.
- Fluent in English communication.Ability to lead multidimensional teams.
REQUISITE EDUCATION AND EXPERIENCE
- University degree in Business Administration, Finance or Procurement is preferred.
- 10+ years professional experience in soft goods manufacturing, preferably in Costing or Materials function.
- Knowledge of sports product and/or project management preferred.
- 3+ years of people management experience
At adidas, we strongly believe that embedding diversity, equity, and inclusion (DEI) into our culture and talent processes gives our employees a sense of belonging and our brand a real competitive advantage.
– Culture Starts With People, It Starts With You –
By recruiting talent and developing our people to reflect the rich diversity of our consumers and communities, we foster a culture of inclusion that engages our employees and authentically connects our brand with our consumers.