Senior Manager, Diamond Sourcing Commodity (Hybrid)

  • Zale Delaware, Inc.
  • Support Center - Irving, TX
  • 8mo ago
  • Full-Time
  • Hybrid

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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!

Senior Manager, Diamond Sourcing Commodity

Location: Dallas, TX (Hybrid)

POSITION SUMMARY:

Provide actionable insights on diamond market trends and pricing to guide procurement and merchandising strategies. Lead strategic sourcing initiatives and optimize vendor relationships to ensure cost-effective and high-quality supply of Finished Diamonds.

RESPONSIBILITIES:

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.

POSITION QUALIFICATIONS:

  • 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
  • Skills: Strategic planning and market analysis

BENEFITS & PERKS:

  • Competitive healthcare, dental & vision insurance
  • 401(k) matching after one year of employment
  • Generous time off + company holidays
  • Merchandise discount
  • Learning & Development programs
  • Much more!