---
title: 'Specialist, Product Costing at Hasbro'
canonical: 'https://feeny.ai/job/specialist-product-costing-hasbro-hong-kong-a1xb7gh9jmsr'
type: 'job'
last_seen: '2026-09-09'
---

# Specialist, Product Costing at Hasbro

- **Company:** Hasbro
- **Location:** Hong Kong
- **Posted:** 2026-09-02
- **Last confirmed live:** 2026-09-09
- **Apply:** https://job-boards.greenhouse.io/hasbro/jobs/4368408009

## Job description

We take play seriously. We’re looking for curious adventurers ready to find their party, fueled by imagination and drive to build what’s never been built before. At Hasbro and Wizards of the Coast, you’ll collaborate with passionate teams to reimagine our iconic brands and create experiences that spark joy, connection, and community through the magic of play. This is your chance to shape legendary play that lasts a lifetime.

The Hasbro Global Supply Chain Team manages a spend of USD1.3 billion of which $0.8 billion is ex-factory cost across a portfolio of brands (Action Brands, Games, Play Doh, Fashion, Preschool and Sports Action) and Material Categories (Packaging, Resin, Tooling, and other key materials) across a supply network of ~40 FG suppliers and >100 material suppliers. The Global Supply Chain Team is accountable to plan, source, make and deliver Toys & Games to Hasbro quality standards, on Time & in Full and at competitive costs through a global supply network of contract manufacturers, material suppliers, test-labs, model-shops, and toolmakers.

Critical for the business and financial success Hasbro Toys & Games is to negotiate the lowest landed product costs and most competitive factory rates to deliver the year-on-year Productivity.

The jobholder will manage the product cost activities for the assigned product categories.

The job holder reports to the Product Cost Manager for the assignment product categories.

## Key Responsibilities

- Member of the Global Category Sourcing team:
- Accountable for the regional implementation & execution of the Global Sourcing Strategy & Supply Network redesign.
- This requires communicating globally & acting locally within the global supply network.
- ‘Should Be’ Costs estimates based on Product Cost Modelling:
- Provide Brand team, PD, Industrial Engineers and Sourcing with accurate and timely ‘Should Be’ Costs for New Product Development, Refresh and & Carry Forward items for assigned categories.
- The objective is to identify product cost opportunities to meet project target costs, benchmark competition costs, challenge supplier cost estimates and define new productivity initiatives.
- Apply and refine cost models for assigned categories based on latest cost data, factory rates and competitive benchmarks.
- Costing process during Product Development
- Collaborate with cross functional project team (Product Development, Quality, Finance, Planning) to ensure product cost transparency and updates at required project milestones.
- Lead the costing process during Product Development with the objective to meet the Product Costs target.
- Lead the communication and timeliness of supplier quote submissions, supplier negotiation and upload in Hasbro costing systems.
- Provide technical support to supplier on Hasbro costing systems (such as P2M, PQS, E-connect)
- Act as focal person on all product costing related issues between Hasbro and suppliers
- Annual Rate Negotiations with assigned suppliers
- Join forces with Supplier Performance Managers to prepare and execute the Annual Rate Reduction (ACR) with assigned suppliers.
- Negotiations on factory rates based on Should Be cost modelling, external benchmarks and top-down targets
- Implement and update the negotiated cost parameters onto product cost in system
- Productivity Pipeline
- In addition, the product cost negotiation during Product Development and Annual Rate Reduction, the jobholder will support to maintain the >3% Sourcing productivity pipeline (>$20M P&L impact) via specific Productivity initiatives across Industrial Engineering, Global Sourcing and Product Development
- Support Industrial Engineers, PD and Supplier Managers with cost modelling for Design to Value, Design for Manufacturing and Kaizen/Lean/Gemba events at factories
- Shopfloor reality check
- The jobholder will frequently visit the factory floor of the assigned suppliers and/or potential suppliers for a reality check and benchmark on the product cost assumptions, factory rates and Should Be cost models
- Participate in the evaluation of potential new suppliers for the assigned categories.

Years of Experience Required Minimum 2-3 years’ relevant working experience in costing, manufacturing engineering and/or sourcing roles.

Technical Skills Requirement

- Technical degree in Industrial or Mechanical Engineering, Finance and/or Product Costing related discipline
- Practical knowledge of factory rates, time studies, product costing, local wages & benefits.
- Good knowledge on key costs drivers for Toy & Games manufacturing such molding, decoration, assembly, pack-out and key materials such as resins, paper/packaging, paint, electronic components.
- Proficient in spoken and written in English
- About 20% travel to regional factories

Soft Skills Requirements

- Energy & Passion: Boundless energy & unlimited bandwidth to get the job done. Eager to do the right things for Hasbro and not constrained by job description, function, department thinking, time-zones or working hours.
- Internal Impact: Builds and maintains a solid network and partners intensively with Global Consumer Insight Organization, Global Supply Chain and Commercial Markets to spark them to perform, influence decision making and integrate the business & functional priorities in own actions.
- External Impact: able to influence respectfully stakeholders at manufacturing partners, key suppliers, model-shops, toolmakers and test-labs to address their issues and have them take ownership to drive operational excellence in joint product development, supply, quality, compliance and cost.
- Edge: strong negotiator with desire to Play to Win, forcing concrete actions & decisions from each meeting/discussion, willing & able to makes difficult decisions on people and external partners
- Execution: Consistent, hands-on and pragmatic performer, consistently deliver on all Procurement goals (Operational Excellence, Product/Materials Costs Savings, Supplier Performance Improvement) and tackle any internal/external performance or relationship issues and proactive solve them.

Employees may be eligible for annual and long-term incentives as part of their overall compensation package, depending on role, location, and eligibility. Benefits and programs may include:

- Health & Wellness
- Time Off to Recharge
- Financial Well-being
- Life & Family Support
- Volunteer and Community Initiatives
- Learning & Development
- Exclusive Perks

Please review our [Applicant Privacy Notice](https://nam11.safelinks.protection.outlook.com/?url=http%3A%2F%2Fdocs.hasbro.com%2Fprivacy%2Fjob-applicant&data=05%7C02%7CMaria.Hughes%40wizards.com%7C73f450b2476e4441be3308dec7006d14%7C701edd3ec7a84789b1ce8a243620d68f%7C0%7C0%7C639167001791388387%7CUnknown%7CTWFpbGZsb3d8eyJFbXB0eU1hcGkiOnRydWUsIlYiOiIwLjAuMDAwMCIsIlAiOiJXaW4zMiIsIkFOIjoiTWFpbCIsIldUIjoyfQ%3D%3D%7C0%7C%7C%7C&sdata=QzsYnPcynaB0OC2yYMSHab2TyW8jOlZQWyr87FBwDt8%3D&reserved=0) to learn how we collect, use, and protect your personal information in connection with the application process.

## About Hasbro

## Company Overview
- **One-liner**: Hasbro is a leading game, intellectual property, and toy company that delivers play experiences through physical and digital games, toys, licensed products, and entertainment.
- **Entity Type**: Public (NYSE: HAS)
- **Headquarters**: Pawtucket, Rhode Island, USA
- **Founded**: 1923 (incorporated in 1926)
- **Founders**: Henry Hassenfeld, Hillel Hassenfeld

## Core Business
- **Primary Industries**: Toys, Games, Intellectual Property (IP) Licensing, Digital Gaming, Entertainment
- **Target Customers**: B2C (kids, families, fans of all ages); B2B (retail partners, licensors, entertainment studios)
- **Mission Statement**: "Create joy and community through the magic of play."

## Products & Services
- **MAGIC: THE GATHERING**: Collectible card game and digital platform (Magic: The Gathering Arena) — both physical and digital.
- **DUNGEONS & DRAGONS**: Tabletop roleplaying game with digital tools (D&D Beyond).
- **MONOPOLY & HASBRO GAMES**: Classic board games and family game night staples.
- **NERF**: Blaster toys and active play products.
- **TRANSFORMERS**: Action figures, media franchise, and licensed merchandise.
- **PLAY-DOH**: Modeling compound and creative play sets.
- **PEPPA PIG**: Preschool toy line and media brand.
- **BEYBLADE**: Spinning top toys and competitive play system.
- **Hasbro Pulse & Secret Lair**: Direct-to-consumer platforms for exclusive collectibles and fan-focused drops.
- **Digital Licensing**: Partnerships for mobile games like *Monopoly Go!* (Scopely) and other video game adaptations.

## Market Standing
- **Valuation/Market Cap**: Not disclosed in provided sources – check financial sites for current market cap.
- **Key Metric**: Annual revenue of $5.0 billion (FY 2023); record performance in Wizards of the Coast segment in FY 2025.
- **Notable Partners**: Scopely (*Monopoly Go!*), Marvel, and other major IP licensors.
- **Growth Signals**: Record year for MAGIC: THE GATHERING (Final Fantasy set was best-selling of all time); operational excellence program delivered ~$800M in gross cost savings; continued expansion in digital licensing and aging-up consumer strategy.

## Competitive Advantages
- **Iconic Brand Portfolio**: Owns and controls deeply loved brands like MAGIC, D&D, MONOPOLY, NERF, TRANSFORMERS, PLAY-DOH, and PEPPA PIG – spanning multiple generations and play categories.
- **Franchise-First Approach**: Unlocks value across physical toys, digital games, licensed consumer products, location-based entertainment, film, and TV.
- **Wizards of the Coast**: High-margin, high-growth segment with dedicated fan communities and recurring digital revenue (Magic: The Gathering Arena, D&D Beyond).
- **100+ Year Legacy**: Deep retail relationships, supply chain excellence, and trusted brand equity worldwide.
- **Diversified Revenue Streams**: Balanced between owned brands, partner brands, direct-to-consumer, and licensing – reducing reliance on any single product category.

## Strategic Focus
- **"Playing to Win" Strategy** (launched 2025):
  - **Anytime is Playtime**: Expand play occasions and distribution points.
  - **Aging Up**: Target consumers aged 13+ who are gaining purchase share.
  - **Everyone Plays**: Capture new demographics and under-indexed markets.
  - **Digital and Direct**: Invest in video games, digital technology, and direct-to-consumer channels.
  - **Partner Scale**: Leverage partners’ investments to extend brand reach.
- **Operational Excellence**: Ongoing cost-savings program targeting $1.0 billion in gross savings; process modernization across IT, supply chain, and HR.
- **AI & Emerging Tech**: Embracing AI-enabled entertainment and product innovation.
- **Sustainability & CSR**: Recognized as a JUST Capital Industry Leader (2025), 100 Best Corporate Citizens (3BL Media), and Civic 50 honoree.

## Why Work Here
- **Culture**: Creative, innovative, and inclusive – described as "legendary play starts with bold ideas." Emphasis on curiosity, lifelong learning, and "playing with purpose."
- **Work-Life Balance**: Half-day Fridays all year round; generous paid vacation and holidays.
- **Benefits**:
  - Medical, Dental, and Prescription coverage
  - Health Savings Account (HSA)
  - Retirement Savings Plan with generous company match and annual company contribution
  - Paid Parental Leave
  - Tuition Reimbursement
  - Life, Accident, and Disability Insurance
  - Pet Insurance and Identity Theft Protection
  - Onsite Fitness Center (at headquarters)
  - Learning & Development opportunities, clear goal-setting
- **Remote/Hybrid Policy**: Flexible work arrangements are part of the total rewards package (exact policy not detailed in provided sources; likely hybrid for most roles).
- **Global Presence**: Offices in Pawtucket (HQ), Providence, Los Angeles, Miami, Renton (Wizards of the Coast), plus 40+ countries – opportunities for domestic and international mobility.
- **Early Career**: Robust student programs and internship opportunities to shape the next generation of talent.
- **Impact**: Work on beloved brands that create joy and community; CSR programs embedded in the business.

## Sources
1. [Hasbro About Page (Corporate)](https://jobs.hasbro.com/content/About-Hasbro/)
2. [Hasbro 10-K FY2025 (SEC Filing)](https://newsroom.hasbro.com/static-files/30601d9c-1e19-47af-a62e-0de43d437ba9)
3. [Hasbro 2025 Corporate Fact Sheet](https://assets-us-01.kc-usercontent.com/500e0a65-283d-00ef-33b2-7f1f20488fe2/d66b7984-a04c-4f8c-aa86-d1c7854654aa/2025%20Corp%20Fact%20Sheet%2002.17.2025.pdf)
4. [Hasbro Careers Page](https://jobs.hasbro.com/)
5. [Hasbro Jobs & Internships (Greenhouse)](https://job-boards.greenhouse.io/hasbro)

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