Manager Costing

Date: Feb 14, 2021

Location: VN

Company: Hasbro

The jobholder will be a member of the Hasbro Global Development & Sourcing Operations Vietnam (GDSO Vietnam) team.

Hasbro has ambitious plans to grow its sourcing of Toys & Games from Vietnamese factories.

Critical for the success of sourcing toys & Games from Vietnam is to manage the costs and rates at our Manufacturing Partners. The jobholder will lead our Costing Team with 2 main areas of responsibility:

    1. Project Costing for New Product Development with Vietnamese factories
    2. Vendor Cost management



  • Product Costing for New Product Development
    • The objective is to obtain the most competitive quotes from Vietnam vendors via:
      • Support the Costing process with PCM target setting for Vietnam vendors based on available local cost data and benchmarks
      • Support and facilitate the communication and timeliness of quote submissions & negotiation with Vietnam vendors during New Product Development bids.
      • Provide technical supports to Vietnam vendors on P2M/PQS/E-connect system related issues.
      • Act as focal person on all costing related issues between Hasbro and Vietnam vendors.
  • Vendor cost management
    • The objective to drive down systematically the product cost and rates of the Vietnam vendor via:
      • Negotiations on vendor rates based on Should Cost Standards, Benchmarks and top down targets
      • Shop floor reality check of “Should Cost” standards and Cost Sheets of high runner
      • Organise and lead Value Engineering workshops with cross functional team and Manufacturing Partners to drive down the costs of New and Carry Forward items.
      • Support the Negotiations with the preparation and negotiations with vendors located in Vietnam.
      • Participate the evaluation of new GS vendors and their on-boarding training


Years of Experience Required:

  • Minimum 5 years’ relevant working experience in costing, manufacturing engineering and/or sourcing roles with at least 3 years at managerial level.


Technical Skills Requirement:

  • Technical degree in Industrial or Mechanical Engineering, Finance or Costing related discipline
  • Practical knowledge of factory costing, time studies, product costing including wages & benefits in Vietnam.
  • Good knowledge on costs of various commodities used in Toy manufacturing such as packaging, printing, resin, fabric, and electronic components, etc;
  • Strong project implementation coordination and financial analysis skills preferred.


Soft Skills Requirements:

  • Strong teamwork capability, be able to cooperate, lead and influence colleagues from different background, department and levels
  • Pragmatic and hands-on problem solver across manufacturing vendors, suppliers and project teams.
  • Respects the process and company’s practices while not afraid to challenge the status quo
  • Result-oriented mindset and good business acumen
  • Strong people management skills, e.g. defining goals for team members, performance management, ensures transparency & full compliance to Hasbro policies, coaching and address non-performance.
  • With a strong visionary mindset and be able to influence the team members to understand company’s strategy and how it is related to their daily work
  • Strong interpersonal, negotiation and communication skills, with a high level of proficiency in English.
  • Willing to travel within Vietnam to factories for 30~50%, when necessary


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