Manager Merchandising Sourcing

Signet Jewelers • Irving, TX

38d

About The Position

Signet Jewelers is the world's largest retailer of diamond jewelry, operating more than 2,800 stores worldwide under the iconic brands: Kay Jewelers, Zales, Jared, H.Samuel, Ernest Jones, Peoples, Banter by Piercing Pagoda, Rocksbox, JamesAllen.com and Diamonds Direct. We are a people-first company and this core value is at the heart of everything we do, from empowering our valued team members, to collaborating with our customers, to fostering the communities in which we live and serve. People – and the love their actions inspire – are what drive us. We’re not only proud of the love we inspire outside our walls, we’re especially proud of the diversity, inclusion and equity we’re inspiring inside. There are dynamic career paths awaiting you – rewarding opportunities to impact the lives of others and inspire love. Join us!

Reporting to Merchandise Director in Global Strategic Sourcing, the Sourcing Manager will be responsible for developing cost strategy as it relates to stone pricing (grids), labor and raw material commodity pricing, vendor over-cost %, and SKU-Level cost approvals. The Sourcing Manager will also be responsible for maintaining SLA on Loupe SKU generation for all in-scope banners and partnering with cross-functional teams to troubleshoot and facilitate Loupe integration downstream for current and future-scoped business cases.

Requirements

• Cost strategy development
• Stone pricing (grids)
• Labor and raw material commodity pricing
• Vendor over-cost % analysis
• SKU-Level cost approvals
• Maintaining SLA on Loupe SKU generation
• Partnering with cross-functional teams
• Troubleshooting and facilitating Loupe integration
• Negotiating grid prices
• Negotiating allowable Over-Cost Margin %
• Developing, onboarding, and implementing Should-Cost modeling
• Negotiating fair and equitable costs
• Meeting required merchant margins
• Developing and coordinating training for Rules of Engagement
• Entering data correctly into Loupe for QC and Reporting
• Understanding industry position related to material cost, labor impact, vendor capabilities and emerging technology applications.

Responsibilities

• Develop and maintain Loupe commodity grids for stones and labor. Work directly with vendors and Sourcing Director/Diamond Sourcing Director to negotiate grid prices and allowable Over-Cost Margin % for vendors in Loupe.
• Work with vendors to develop, onboard, and implement Should-Cost modeling for existing and new product SKUs across all Signet banners in Loupe.
• Develop and maintain strong partnership with merchant teams to negotiate fair and equitable costs in Loupe that are in line with Should-Cost modeling and meet required merchant margins.
• Develop and coordinate comprehensive training for Rules of Engagement reference materials – for Merchants and Vendors – how to enter data correctly into Loupe for QC and Reporting
• Travel domestically and internationally to understand industry position related to material cost, labor impact, vendor capabilities and emerging technology applications.
• Performs additional duties and projects as assigned.

What This Job Offers

• Job Type: Full-time
• Career Level: Manager
• Education Level: No Education Listed