Global Sourcing & Costing Assistant (Full Time, Remote)
WFA Digital Insight
The demand for skilled sourcing professionals is on the rise, with a 25% increase in global sourcing roles posted in the last year. As companies expand their operations globally, the need for experts who can navigate international supply chains and negotiate competitive pricing has become crucial. With its strong track record of placing top talent in fast-growing companies, Frontier is an exciting company to join, offering a unique opportunity to work with a diverse range of clients and products. Candidates looking to apply should be prepared to showcase their financial acumen, project management skills, and experience working with international vendors.
Job Description
About the Role
The Global Sourcing & Costing Assistant will play a vital role in the Product Development & Sourcing team at Ripple Junction, a subsidiary of Fresh Prints. This position involves working closely with overseas manufacturing partners and internal Sales and Product Development teams to secure competitive initial pricing, track early-stage sample development, and build financial and operational frameworks for new projects. The ideal candidate will have strong financial acumen, excellent project management skills, and experience communicating with factories across Asia and Central America.As a key member of the team, the Global Sourcing & Costing Assistant will be responsible for assisting with the initial stages of product development and vendor quoting of apparel, soft goods, and home accessories categories. This will involve reaching out to international vendors to obtain initial costs for new product concepts, quoting larger projects, and building and analyzing initial Profit & Loss (P&L) models to determine gross margin viability for proposed projects.
The company is looking for a highly organized and detail-oriented individual who can work effectively in a fast-paced environment. The ability to navigate time zone differences and cultural nuances is essential, as the role involves daily communication with overseas factories. The successful candidate will be able to demonstrate a strong understanding of product costing, freight estimates, margins, and P&L statements, as well as excellent organizational skills with the ability to build and manage complex projects.
What You Will Do
- Reach out to international vendors to obtain initial costs for new product concepts
- Quote larger, multi-style projects, ensuring all specific customer requirements and compliance standards are factored into the pricing
- Build and analyze initial Profit & Loss (P&L) models to determine gross margin viability for proposed projects
- Negotiate preliminary pricing to ensure target margins are achievable before presenting to internal teams
- Ask strategic, qualifying questions to new and existing factories to assess their capabilities, capacity, minimum order quantities (MOQs), and lead times
- Maintain clear, daily communication with overseas factories, successfully navigating time zone differences and cultural nuances
- Manage the request, tracking, and follow-up of initial development samples
- Ensure factories understand design intent and technical specifications so that first-round samples are accurate and delivered on time
- Flag any potential production or cost issues identified during the sampling phase
- Assist with the development of initial timeline and action (T&A) calendars for new projects, mapping out milestones from sample development through final production
- Communicate clearly and proactively with Sales and Product Development teams, presenting achievable timelines, finalized P&Ls, and margin expectations
What We Are Looking For
- 3+ years of experience in global sourcing, product development, costing, or production management
- Prior experience working with apparel, soft goods, textiles, or home accessories
- Proven track record of communicating directly with factories in Asia (China, Pakistan, India) and/or South America
- Strong understanding of product costing, freight estimates, margins, and P&L statements
- Excellent organizational skills with the ability to build and manage complex projects
- Experience with Excel and other project management tools
- Strong analytical and problem-solving skills
- Ability to work effectively in a fast-paced environment and meet deadlines
Nice to Have
- Experience with international logistics and supply chain management
- Knowledge of compliance standards and regulations in the apparel and home accessories industry
- Familiarity with product lifecycle management (PLM) software
Benefits and Perks
- Competitive salary and benefits package
- Opportunity to work with a fast-growing company and a diverse range of clients and products
- Remote work arrangement with flexible working hours
- Professional development and training opportunities
- Access to a global network of professionals in the industry
- Health and wellness programs
- Paid time off and holidays
How to Stand Out
- To stand out in the application process, make sure to highlight your experience working with international vendors and your knowledge of product costing and P&L statements.
- Be prepared to showcase your project management skills and ability to work effectively in a fast-paced environment.
- Familiarize yourself with the company's products and services, and be ready to discuss how your skills and experience align with their needs.
- Make sure to ask strategic questions during the interview process, such as what the biggest challenges are in the role and how the company approaches professional development and training.
- Consider creating a portfolio or examples of your work to demonstrate your skills and experience, especially if you have limited direct experience in the field.
- Be prepared to negotiate salary and benefits, and do your research on the market rate for the role to ensure you are getting a fair offer.
- Pay attention to the company culture and values, and be sure to ask about opportunities for growth and professional development within the company.
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