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.
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-finish 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 Warrington 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 employees are at the core of our success, and we offer meaningful growth opportunities alongside a supportive environment that encourages authenticity and collaboration. Join us to be part of a dynamic team where your contributions directly impact our exciting portfolio of fragrances and cosmetics.
StudySmarter Expert Advice🤫
We think this is how you could land Senior Inventory Lifecycle Planner in Warrington
✨Tip Number 1
Network like a pro! Reach out to people in the industry, especially those who work at Designer Parfums or similar companies. A friendly chat can open doors and give you insights that job descriptions just can't.
✨Tip Number 2
Prepare for interviews by researching the company culture and values. Since Designer Parfums values authenticity and family spirit, think about how your own experiences align with these traits and be ready to share them.
✨Tip Number 3
Showcase your problem-solving skills! Be ready to discuss specific examples where you've tackled challenges in inventory management or product lifecycle. This will demonstrate your proactive approach and fit for the role.
✨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 being part of our team at Designer Parfums.
We think you need these skills to ace Senior Inventory Lifecycle Planner in Warrington
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Senior Inventory Lifecycle Planner role. Highlight relevant experience in inventory management and any data-related 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 explain 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 Analytical Skills:Since this role involves a lot of data analysis, make sure to mention your proficiency in tools like Excel. Share specific examples of how you've used data to drive decisions or improve processes in your previous roles.
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’re considered for the role. Plus, it shows you’re keen on joining our team!
How to prepare for a job interview at DESIGNER PARFUMS
✨Know Your Inventory Lifecycle
Make sure you understand the ins and outs of inventory lifecycle management. Brush up on how to manage aged stock and the processes involved in minimising negative P&L impacts. Being able to discuss specific strategies for handling surplus or obsolete stock will show your expertise.
✨Showcase Your Communication Skills
Since this role involves liaising with various teams, be prepared to demonstrate your strong communication skills. Think of examples where you've successfully collaborated with cross-functional teams to achieve business goals. This will highlight your ability to foster relationships at all levels.
✨Get Familiar with SAP
As a Senior Inventory Lifecycle Planner, you'll need to manage SAP transactions. If you have experience with SAP, be ready to discuss it. If not, do some research on how SAP is used in inventory management and be prepared to talk about how you would approach learning it quickly.
✨Prepare Data-Driven Examples
This role requires analytical skills, so come armed with data-driven examples from your past experiences. Be ready to explain how you've used data to identify stock risks or sales opportunities, and how you’ve applied tools like Excel to manage and report on inventory effectively.