Posted 1 month ago
Costing Engineer
AI Summary
Analyzes and calculates product costs for backpack development, preparing detailed cost breakdowns and material consumption calculations to ensure pricing accuracy and cost efficiency.
About this role
At YETI, we believe that time spent outdoors matters more than ever and our gear can make that time extraordinary. When you work here, you’ll have the opportunity to create exceptional, meaningful work and problem solve with innovative team members by your side. Together, you’ll help our customers get the high-quality gear they need to make the most of their adventures. We are BUILT FOR THE WILD™.
About the Role
The Costing Engineer is responsible for analyzing and calculating product costs for backpack development, ensuring accurate pricing, consumption, cost efficiency, and alignment with business margin targets.
What You'll Do
Prepare detailed cost breakdowns for backpacks, including materials, labor, overhead, and logistics.
Develop and maintain accurate material consumption calculations for all backpack components, including fabrics, linings, webbings, foams, trims, hardware, labels, and packaging materials.
Build and analyze BOMs, material utilization, and wastage to ensure costing accuracy and identify cost optimization opportunities.
Perform operation-level time studies and SMV (Single Minute Value) analysis for sewing, assembly, and finishing processes to support labor costing and factory quotation validation.
Partner with Design, Sample Room, Product Development, and suppliers to support RFQs, estimate costs during design, development and sampling, and provide timely cost guidance.
Evaluate and validate supplier and factory quotations, conduct cost comparisons, and recommend cost-saving opportunities without compromising quality or performance.
Track and maintain costing data throughout the product design and development lifecycle, ensuring accuracy, transparency, and timely communication of cost changes to stakeholders.
Support margin analysis, pricing strategy, and achievement of profitability targets.
What You Bring
Bachelor’s degree in Industrial Engineering, Textile & Garment Engineering, or related field preferred
Greater than 2 years of experience in costing within bag/backpack, footwear, or garment manufacturing
Strong knowledge of materials (fabric, foam, zippers, webbing, trims)
Good understanding of manufacturing processes (cutting, sewing, lamination, RF welding, etc.)
Strong analytical and Excel skills
Detail-oriented with good commercial mindset
Good communication in English
Preferred Skills
Experience working with global brands
Cost negotiation experience
Familiarity with PLM/ERP systems
Benefits & Perks:
Click here to learn about the benefits and perks we offer at YETI.
YETI is proud to be an Equal Opportunity Employer.
Our commitment to creating a diverse, equitable, and inclusive culture is at the center of everything we do for our employees. We embrace all applicants looking to bring their authentic selves to YETI and contribute to our mission of keeping the wild WILD. Find out more about our commitment to DE&I at yeti.com/esg.html.
All applicants for employment will be considered without regard to an individual’s race, color, sex, gender identity, gender expression, religion, age, national origin or ancestry, citizenship, physical or mental disability, medical condition, family care status, marital status, sexual orientation, genetic information, military or veteran status, or any other basis protected by federal, state or local laws.
YETI welcomes and encourages applications from people with disabilities. Accommodations are available upon request for candidates taking part in all aspects of the selection process. If you require accommodation in order to apply for a job, please contact us at accommodationrequest@yeti.com.
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