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Senior Manager, Diamond Sourcing Commodity (Hybrid)

Senior Manager, Diamond Sourcing Commodity (Hybrid)

Signet JewelersIrving, TX
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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
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