At a Glance
- Tasks: Manage supply planning and inventory for luxury jewellery collections.
- Company: De Beers London is a renowned luxury jeweller known for its exquisite diamonds.
- Benefits: Enjoy flexible work options, a fantastic pension scheme, and free meals at our onsite restaurant.
- Why this job: Join a legacy of luxury and innovation while making a real impact in the jewellery industry.
- Qualifications: Experience in supply chain management, particularly in luxury retail, is essential.
- Other info: Embrace a culture of inclusivity and sustainability while working with a passionate team.
The predicted salary is between 43200 - 72000 £ per year.
De Beers London is the ultimate diamond jewellery house, globally recognised for its leadership and expertise in diamonds. As a challenger in the fine and high jewellery landscape, we offer a distinctive and unparalleled connection to the source, setting us apart with our unique diamond-first approach. A destination for those seeking the most extraordinary diamonds for life's most significant moments, De Beers London delivers identifiable, ultra-desirable creations alongside unforgettable service and experiences.
The Supply Planning and Inventory Manager is responsible for overseeing and optimising the supply plans and OTB management for all of De Beers London's jewellery collections. This role ensures that supply plans and purchasing strategies align with business targets and initiatives, enhance operational efficiency, and deliver exceptional customer experiences. The key deliverables include optimised inventory levels, on time delivery, efficient supply chain operations, and improved product availability, ultimately driving sales and reinforcing De Beers London's position as a leader in the luxury jewellery market.
Key Responsibilities:
- Develop and implement supply planning and execution strategies that support the business objectives of all jewellery collections.
- Manage the relationship with the De Beers Polished (DBP) division to ensure the timely and cost-effective procurement of materials.
- Ensure supply plans incorporate updated trends and purchasing strategies (moq, leadtime, suppliers' customer base).
- Ensure supply plan management to guarantee intake aligned with Model Stock TGT and Matrix.
- Ensure all supply plans are aligned and signed off according to OTB targets and governance.
- Monitor all Inventory and projections to enable total supply chain inventory reconciliation aligned with targets.
- Responsible for input to suppliers' scorecards, monitoring spending and purchasing trends (Diamonds & Finished Goods).
- Oversee the management and optimisation of supply plans and inventory levels to minimise excess and obsolete inventory while mitigating out-of-stocks.
- Implement and maintain inventory management systems to ensure accurate tracking and reporting.
- Manage yearly supply plans for all jewellery replenishment and new launches.
- Plan and book production capacity for jewellery and diamonds to meet demand forecasts and ensure timely delivery.
- Provide actionable insights to senior management to support informed decision-making.
- Lead and manage the supply planning and inventory team, fostering a collaborative and innovative environment.
- Work closely with cross-functional teams to ensure cohesive execution of supply chain and inventory initiatives.
- Take accountability for delivering results that contribute to the success of the business.
- Stay updated on industry trends and emerging technologies to drive innovation within the supply chain and inventory management processes.
- Monitor and report on the performance of supply chain and inventory initiatives, ensuring continuous improvement.
Qualifications:
- Proven track record in leading supply chain and inventory strategies.
- Experience in inventory management preferably in luxury retail.
- Strong understanding of luxury retail dynamics, market trends and customer behaviour.
- Exceptional communication and leadership skills.
- Demonstrates a proactive and accountable mindset.
- High attention to detail and commercial acumen.
- Data-driven to inform decisions and strategies, ensuring clarity and precision in your approach.
- Ability to drive continuous improvement.
- Values innovation, efficiency and a client-first approach.
- Committed to fostering a positive and inclusive work environment.
- Consistently striving for excellence and continuous improvement.
- Celebrates achievements, learns from challenges and contributes to a positive work environment.
Additional Information:
- A great working environment
- Fantastic pension scheme
- 27 days of holiday + bank holidays with the opportunity to buy or sell 5 more days
- Private Healthcare
- Mental health is a top priority for De Beers Group - we offer free subscription to Headspace and have mental health first aider
- Competitive salary
- Your Choice membership discounts
- Employee share schemes
- Staff discount
- Free breakfast & lunch at onsite restaurant
- Free onsite gym
- Flexible benefits package
De Beers Group is a company with a rich history and a sparkling future. Since 1888 our experts have searched the world for nature's most precious gem. Our diamonds bring beauty to the world. But we think they can do so much more. We want our diamonds, and our business, to make life brilliant - for our people, our customers and the world around us.
Safety first is a way of life for us. We are unconditional about the safety, health and well-being of our colleagues, at work and at home, and about that of the communities where we work. We aim to lead the industry by investing in innovation to protect people, who are at the heart of our business.
We are committed to promoting an inclusive and diverse workplace where we value and respect every colleague for who they are. We provide equality of opportunity to enable everyone to fulfil their potential.
Sustainability is at the heart of our decision-making - it is how we do business. Building Forever is key to our purpose as it represents our ambitious and holistic sustainability framework and is central to our ability to deliver long-term value to our communities and partners.
Successful candidates will be required to complete background screening which may include a criminal check and validation of qualifications.
Supply Planning & Inventory Manager employer: Anglo American / De Beers Group
Contact Detail:
Anglo American / De Beers Group Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Supply Planning & Inventory Manager
✨Tip Number 1
Familiarise yourself with the luxury retail market, especially in jewellery. Understanding the unique dynamics and customer behaviours in this sector will help you demonstrate your knowledge during interviews and discussions.
✨Tip Number 2
Network with professionals in supply chain and inventory management within the luxury sector. Attend industry events or join relevant online forums to connect with others who can provide insights or even referrals for the role.
✨Tip Number 3
Stay updated on the latest trends in supply chain technology and inventory management systems. Being able to discuss innovative solutions and how they can be applied at De Beers will set you apart from other candidates.
✨Tip Number 4
Prepare to showcase your leadership skills and experience in managing teams. Think of specific examples where you've empowered your team or driven successful projects, as this aligns with De Beers' values of collaboration and innovation.
We think you need these skills to ace Supply Planning & Inventory Manager
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in supply chain and inventory management, especially within the luxury retail sector. Use specific examples that demonstrate your ability to optimise supply plans and manage inventory effectively.
Craft a Compelling Cover Letter: In your cover letter, express your passion for the luxury jewellery industry and how your skills align with De Beers London's values. Mention your understanding of market trends and customer behaviour, and how you can contribute to their success.
Highlight Leadership Skills: Since the role involves leading a team, emphasise your leadership experience. Provide examples of how you've empowered teams and fostered collaboration in previous roles, showcasing your ability to drive results.
Showcase Data-Driven Decision Making: Demonstrate your analytical skills by including instances where you've used data to inform supply chain strategies. This could involve improving inventory levels or enhancing operational efficiency, which are key responsibilities of the role.
How to prepare for a job interview at Anglo American / De Beers Group
✨Understand the Luxury Market
Familiarise yourself with the luxury retail landscape, especially in jewellery. Research De Beers London’s unique diamond-first approach and how it differentiates itself from competitors. This knowledge will help you demonstrate your understanding of the brand and its values during the interview.
✨Showcase Your Data-Driven Mindset
Prepare to discuss how you have used data to inform supply chain decisions in previous roles. Be ready to provide examples of how your analytical skills have led to improved inventory management or operational efficiency, as this is crucial for the Supply Planning & Inventory Manager role.
✨Emphasise Leadership and Collaboration
Highlight your experience in leading teams and fostering collaboration across departments. De Beers values a client-first approach and teamwork, so be prepared to share specific instances where you empowered your team or worked cross-functionally to achieve business goals.
✨Prepare for Scenario-Based Questions
Anticipate questions that ask how you would handle specific challenges in supply planning and inventory management. Think about potential scenarios related to excess inventory, out-of-stock situations, or supplier relationship management, and prepare structured responses that showcase your problem-solving abilities.