Strategic Sourcing & Procurement: Develop and execute sourcing strategies for diamonds and related commodities.
Lead vendor selection, negotiation, and contract management to ensure quality, cost-efficiency, and ethical sourcing
Supply Chain & Inventory Management: Oversee supply and demand planning for the diamond category. Monitor inventory levels and align procurement with manufacturing and retail needs.
Compliance & Ethical Standards: Ensure adherence to international sourcing regulations (e.g., Kimberley Process). Implement and monitor compliance frameworks across the supply chain.
Vendor Relationship Management: Maintain and strengthen relationships with key suppliers and partners. Conduct performance reviews and manage corrective actions when needed.
Diamond Pricing & Market Trends: Track global diamond pricing benchmarks and market trends to inform procurement strategy. Analyze historical and real-time data to anticipate price fluctuations and supply chain risks.
Provide insights and recommendations to internal stakeholders on timing, volume, and sourcing regions to optimize cost and value.
Vertical Integration Support: Collaborate on initiatives to streamline Signet’s vertical integration efforts. Coordinate assembly, service, and repair functions with sourcing operations.
Financial & Process Modeling: Provide financial modeling to support sourcing decisions and cost optimization. Map and improve sourcing processes for efficiency and transparency.
Requirements
Education: Bachelor’s degree in Business, Supply Chain, or related field; MBA preferred.
Experience: 8+ years in strategic sourcing, commodity management, or luxury goods procurement.
Certifications: CPM, CPSM, or APICS certifications are advantageous