Albert Fan Email & Phone Number

Hybrid

• Conduct financial analyses on purchases and manufactured products with regard to standard cost and absorption variances.• Support and augment the PD costing teams with tools, templates, reviews and advice on the approach to product costing and pricing situations.• Provide oversight and direction to the costing system, especially customer terms, prepaid and inbound freight, warehousing costs, tariffs and duty.• Prepare costing tabulations and pricing recommendations for Bedding products and Domestic and International Catalog offers.• Summarize and analyze cost and margin status for product lines and customer categories• Compile product cost information from multiple accounting and manual files• Maintain product cost data base for standard and current costs• Track and analyze commodity cost trends• Identify and track Cost Improvement projects

San Francisco, Ca

Massdrop is community-driven E-commerce. We make products with input from our members and give them a place to connect, learn, and shop with people who share. Collaborations (formerly known as Custom Products) is a small, fast-moving team dedicated to fundamentally changing the way enthusiast communities buy and interact online.- Responsible for management of critical suppliers, negotiating competitive supply agreements and creating the sourcing strategy for Massdrop’s hardware and electronics products.- Experiences with consumer electronics supply chain, electronics products- Working with global Contract Manufacturers, key component and material suppliers- Handle product development and manufacturing process.- Create and manage production plans to ensure on-time delivery with quality and lead-times to support the needs of the business and financial goals.- Establish a working relationship with suppliers and implementing strategies to ensure component supply for the lifetime of the product while addressing any concerns with material quality- Work closely with the product development team to understand trade-offs in design and options that may be available, suggesting alternative approaches and designs to minimize cost or improve supply- Suggest second source arrangements and work to qualify alternative components- Manage risks in the business and supply disruptions to ensure production plans are met- Handle the transition from prototype builds and NPI to production ramp and ongoing supply- With deep understanding of product validation testing and QA/QC protocols- Maintain accurate BOM costing to support detailed COGS analysis- Familiar with common manufacturing processes (injection molding, CNC machining, PCBA) and engineering materials (plastics, metals, glass)

Milpitas, Ca

Micron Consumer Products Group, Inc. (Lexar Media Division)• Responsible for all activities related to the managing Lexar’s CM as well as plastics supply base, while maintaining role as product cost manager. • Responsible for managing functional area strategies to deliver World Class Procurement services through a solid understanding of the components internal supply chain as they cross multiple functional groups. • Focused on supplier relationship management and worked together with internal stakeholders to drive and collaborate on decisions that ensure execution of operation directives and strategy, developed policy and procedures for the operation of procurement activities improvements, and managed the cost and schedule and performance of major suppliers to mitigate potential gaps in supply.• Managed and Optimized Cost. Kept abreast of cost trends, developed recommendations as to timing and quantity of purchases, and the establishment of most economical purchase quantities. Negotiated with suppliers for lower costs and participate periodic reviews with suppliers for potential price reductions.• Responsible for sourcing activities with new suppliers in various Asian countries.• Responsible for quarterly Costbook analysis and review with General Manager.

San Francisco, California, United States

• Product and tooling costing estimations in the toys & sporting goods industries• Vendor and material sourcing• Liaison with China & Taiwan factories and clients for technical and project management

San Francisco, Ca

• Set up Costing function for the company’s US headquarters.• Worked closely with Design, Marketing, Brand Management and inventors on new ideas and concepts to create the most cost effective & innovative solutions based on designs.• Created preliminary BOMs for cost estimation and for HK/China Engineering.• Prepared project turn-over documents for HK team.• Provided sourcing resources on new vendors, new parts and packaging.• Estimated product and tooling costs to ascertain new products’ viability.• Reviewed, negotiated & approved all vendors’ quotes quotations in details.• Provided management, Marketing and Finance costing and financial analysis.• Initiated Cost Reduction Program. Saved approx. $500K in the first 3 months.• Worked with HK team to make sure LL/WL models correct for design intentions.• Volunteered extra obligations in QA/QC roles. Work with 3rd party labs.• Worked with HK and China Manufacturing to ensure smooth transition into mass production, and supported production trouble-shooting.

Irvine, Ca

• Set up Costing and performed vendor quotes negotiations• Provided management team product costing and financial analysis• Handled projects from turnovers to overseas factories, through Production Start • Performed on-site engineering debugs and support for production start in China• Coordinated, reviewed and approved sample making for supporting Sales & Marketing’s road shows.• Performed sourcing of new vendors and Open Market products• Responsible for setting up and implementation of product safety & QA protocols• Supervised QA & QC functions with 3rd party labs in Hong Kong/China• Reviewed QC inspections reports and be responsible for inspection approvals.• Managed and monitored supply chain to ensure all optimization at every phase: engineering, sourcing, tooling, production, packaging & logistics.

Costa Mesa, California, United States

• Carried out product and tooling cost estimations as benchmarks for clients.• Reviewed, analyzed, and negotiated vendor quotations on products and tooling.• Provided clients’ Senior Management advices on vendor sourcing and selection.• Provided Engineering & Operations product viability advices to Marketing, Product Development and Management teams.• Carried out product and tooling cost estimations• Reviewed and analyzed all vendor quotations• Negotiated with vendors on product and tooling quotations• Provided Senior Management advice on vendor selections• Provided Engineering & Operations advice to Marketing & Product Development teams• Materials, products, and vendor sourcing

Emeryville, Ca

• Set up a new Costing Function. Created and implemented a new costing system.• Initiated a standardized cost sheet format for all Orient vendors. Reviewed and monitored product and tooling quotations.• Participated in routine costing, tooling expenses, and payment term negotiations effectively with Asia vendors.• Acted as sourcing and project manager for issues in engineering, scheduling, packaging, shipping, & coordination among vendors, Marketing, QA & Design.• Acted as the primary sourcing manager for open market items and new vendors.• Routine interface with internal China/Hong Kong offices, US manufacturing facilities, and China vendor factories. Supervise Asia office with 45 staffs.• Frequently visited Orient factories for on-site project debugs, sample review and approvals, and cost negotiations. Executed Supply Chain Management.• Engineering debugs and sample reviews.• Relocated to China office as Acting General Manager (Technical) for 6 months.• Recruited, managed, and built operations, sourcing, and engineering teams in China and HK offices to work in collaboration with U.S. head office.

South San Francisco, Ca

• Re-joined Galoob upon merging with Hasbro.• Acted as liaison between Costing functions in Hasbro HQ and Hasbro (Far East)• Introduced Hasbro HQ the Galoob Costing mechanism.• Introduced competitive and new vendors to Hasbro HQ.• Continued Costing function within Galoob and interacted with Hasbro Costing

Hong Kong

• Responsible for sourcing new Asia manufacturing vendors• Responsible for all product and tooling costing negotiations with the vendors

South San Francisco, Ca

• Set up new Costing Function. Created and implemented a new cost system• Recruited three costing aides.• Responsible for product estimating, and creating tool plans & parts list for both estimation and Asia manufacturing reference purposes, for over 1,000 SKUs.• Developed a new cost system helping Marketing and management understand product cost easier and make decisions on product design more efficiently.• Provided training to Preliminary Design and Marketing staffs on product costing fundamentals, decoration spraying counting and techniques, and assembly methods.• Responsible for product estimating and presentation of all cost-profit information, which were utilized to plan and develop the company’s business plan.• Enhanced a costing system that provides the data base used for the business plan, pricing of the product line, orient manufacturing, and orient vendor negotiations. • Analyzed U.S. and Asia cost estimations versus vendor quotes for more effective vendor negotiations. Extensively interfaced with Costing department of Hong Kong office.• Initiated cost reduction programs in the areas of product and packaging designs, and resin rates analyses resulting in cost savings.• Advised C.O.O. and senior staffs Design and Marketing throughout the product development process on the cost effects of product design changes.• Provided “Costing Feasibility” advice to Preliminary Design and Marketing staffs to determine a new concept’s viability.

Hayward, Ca

• Experience in OEM product design of paper and envelope feeding machines for computer printers

Hong Kong

• Experience in product of high-speed line and serial printers. Responsible for tooling design; product and process modification; productivity improvement; material and failure analysis; SOP lecturing; vendor and U.S. office interface.

Ms Mechanical Engineering, Mechanical Engineering

Bs Mechanical Engineering

Engineering

Education record