At a Glance
- Tasks: Manage inventory lifecycle and collaborate with teams to minimise financial impacts.
- Company: Join a dynamic, family-owned fragrance company with global ambitions.
- Benefits: Enjoy a supportive work culture with opportunities for personal growth.
- Other info: Be part of a fun, authentic team that values creativity and collaboration.
- Why this job: Make a real impact in the fragrance industry while developing your skills.
- Qualifications: Experience in supply chain or product management is a plus.
The predicted salary is between 45000 - 55000 £ per year.
COMPANY OVERVIEW
Designer Parfums is a fast growing, dynamic global fragrance company in the perfume & cosmetics industry, with a UK base in London and international ambition, with active business in around 70 markets. We are a small family-owned business, and we are proud to create, develop, and distribute brands from a fantastic portfolio of heritage classics to celebrity trend-led fragrances. We are brand owners and licensees for GHOST, JENNIFER LOPEZ, HAWAIIAN TROPIC, CERRUTI, PLAYBOY & JEAN LOUIS SCHERRER and proud to be distributors for ARIANA GRANDE, GUY LAROCHE, PILOMA PICASSO, AIGNER & GANT. Our employees make our business special. With strong family values, we believe that Designer Parfums is a more prosperous and fun place to work when people feel free to be themselves. We believe in the power of being authentic, Agile and Approachable while meeting our business goals.
JOB PURPOSE
To assume responsibility for managing finished goods and component end-of-life through collaboration with internal cross-functional teams to achieve the goal of minimising negative P&L impacts. Liaising with Brand and Sales leaders to identify commercial opportunities for finished goods, components and point of sales activities from ideation through to the products being sold. Fostering strong internal relationships at all levels to ensure achievement of business targets and metrics. In parallel, the role plays a key part in developing and embedding best practice Product Lifecycle Management (PLM) processes to support ongoing control, governance and reporting of inventory ageing, obsolescence and write‑offs.
KEY DUTIES AND RESPONSIBILITIES
- Inventory/Stock Aged & Life-Cycle Management
- Work with Brand Leadership, Sales and Commercial teams to identify alternative uses and recovery routes for obsolete or surplus stock, including:
- Secondary and clearance sales channels
- Export or alternative market opportunities
- Promotional bundles, gift sets or composite products
- One‑off or limited‑edition reworked SKUs
- Lead the monthly Aged/End-of-Life Stock Review meetings with the relevant business partners, ensuring clarity of status, actions, and reporting.
- Ensure the timely and successful creation of one-off product projects to utilise excess or obsolete components, creating saleable SKU if/where required.
- Manage the internal commercial team’s commitments to take/sell end-of-life and/or composite products, ensuring activities/projects are completed.
- Compliance, Quality & Regulatory Governance
- Partner with Procurement, Supply Chain, Quality and Regulatory teams to ensure that all proposed lifecycle solutions:
- Comply with applicable legislation and regulatory requirements
- Meet brand, quality and safety standards
- Are suitable for the intended market and sales channel
- Ensure regulatory constraints (ingredients, labelling, batch coding, market authorisations) are fully assessed before execution.
- SAP Transactional Ownership & Execution
- Execute and manage all SAP transactions required to implement approved lifecycle outcomes, including:
- Creation or amendment of Bills of Material (BOMs) for reworked or composite products
- Raising and managing purchase orders where additional materials or services are required
- Creation, release and tracking of production orders where rework or repacking is required
- Ensure stock movements, consumption and postings are accurate, auditable and aligned with finance requirements.
- Act as the SAP subject matter coordinator for lifecycle‑related inventory activity.
- Destruction, Write‑Off & Governance
- Identify inventory where no viable secondary or rework solution exists.
- Prepare clear, data‑led business cases for destruction or write‑off approval, including:
- Stock quantities and values
- Ageing and impairment exposure
- Options considered and rationale for disposal
- Coordinate approved destruction activities with Warehouse, Finance and third‑party partners, ensuring full documentation and audit compliance.
SKILLS
- Proactive approach to problem solving with a starter-finisher approach.
- Strong communication and relationship management skills across all levels of leadership.
- Proven track record of managing data related projects within a similar or global FMCG environment.
- Ability to analyse and interpret data to identify stock risk and sales opportunities.
- Analytical and reporting skills in Microsoft Excel, including the use of data management formulas such as Vlookup and Pivot tables.
EDUCATION REQUIREMENTS
Degree beneficial but not essential. Experience of Supply Chain/Product Management in related industry – FMCG, Pharmaceutical, Paint, Food.
Senior Inventory Lifecycle Planner in Northampton employer: DESIGNER PARFUMS
At Designer Parfums, we pride ourselves on being a family-owned business that fosters a vibrant and inclusive work culture in the heart of London. Our commitment to authenticity and collaboration empowers employees to thrive, offering ample opportunities for professional growth while working with a diverse portfolio of renowned fragrance brands. Join us to be part of a dynamic team where your contributions are valued, and you can make a meaningful impact in the global fragrance industry.
StudySmarter Expert Advice🤫
We think this is how you could land Senior Inventory Lifecycle Planner in Northampton
✨Tip Number 1
Network like a pro! Reach out to people in the industry, especially those who work at Designer Parfums. A friendly chat can open doors and give you insights that a job description just can't.
✨Tip Number 2
Prepare for interviews by researching the company culture and values. Since Designer Parfums values authenticity and strong relationships, think of examples from your past that showcase these traits.
✨Tip Number 3
Show off your analytical skills! Be ready to discuss how you've used data to solve problems or identify opportunities in previous roles. This will resonate well with the responsibilities of the Senior Inventory Lifecycle Planner.
✨Tip Number 4
Don't forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, it shows you're genuinely interested in joining the team at Designer Parfums.
We think you need these skills to ace Senior Inventory Lifecycle Planner in Northampton
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Senior Inventory Lifecycle Planner role. Highlight your experience in inventory management and any relevant projects you've worked on. We want to see how your skills align with our needs!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to tell us why you're passionate about the fragrance industry and how you can contribute to Designer Parfums. Keep it engaging and personal – we love authenticity!
Showcase Your Data Skills:Since this role involves a lot of data analysis, make sure to highlight your analytical skills and experience with tools like Excel. Mention specific examples where you've used data to drive decisions or improve processes.
Apply Through Our Website:We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you don’t miss out on any important updates. Plus, we love seeing applications come through our own channels!
How to prepare for a job interview at DESIGNER PARFUMS
✨Know Your Inventory Inside Out
Before the interview, make sure you understand the key concepts of inventory management and lifecycle planning. Brush up on your knowledge of SAP and how it relates to managing stock. Being able to discuss specific examples of how you've handled inventory challenges in the past will show your expertise.
✨Showcase Your Problem-Solving Skills
Prepare to discuss situations where you've proactively solved problems related to inventory or supply chain issues. Think of examples that highlight your starter-finisher approach and how you’ve successfully navigated obstacles. This will demonstrate your ability to think critically and act decisively.
✨Build Relationships with Examples
Since strong communication and relationship management skills are crucial for this role, come prepared with stories that illustrate how you've built relationships across different teams. Highlight instances where collaboration led to successful outcomes, especially in a fast-paced environment like FMCG.
✨Data is Your Best Friend
Be ready to talk about your experience with data analysis, particularly in Excel. Familiarise yourself with Vlookup and Pivot tables, and be prepared to explain how you've used these tools to identify stock risks or sales opportunities. Showing your analytical skills will set you apart from other candidates.