Fred Purchasing Manager

Paris • France

Sunday, January 12, 2025

Fred, a distinguished member of the LVMH Group's Watches & Jewelry Division, epitomizes the spirit of modern jewelry creation. Since its inception in 1936 by Fred Samuel, the brand has been synonymous with informal glamour and elegant audacity, characterized by a joyful and creative disruption of traditional jewelry codes. As part of LVMH, Fred benefits from the conglomerate's extensive resources and global influence, continuing to thrive in the luxury sector.

1. Ensure the accurate cost of goods for all finished products, aligning with expected quality standards.
2. Analyze cost breakdowns and conduct value analysis of projects.
3. Identify key issues where significant gains can be achieved or dependencies exist.
4. Identify and manage potential reindustrialization needs based on product margins and future volumes.
5. Conduct tenders and negotiate with suppliers regarding manufacturing costs, loss rates, and payment terms.
6. Define contractual conditions for supplier engagement in line with company objectives, including framework agreements or specific contracts.
7. Regularly update standard costs in SAP in collaboration with marketing and finance.
8. Implement cost management for new products in the Product Lifecycle Management tool.
9. Oversee non-precious categories such as Visual Merchandising, Packaging, Transport, and Logistics.
10. Analyze supplier expenditure and conduct tenders to reduce costs or ensure fair pricing.
11. Negotiate prices and terms with suppliers.
12. Contribute to supplier selection and maintain a comprehensive list of potential suppliers for various technological families and R&D.
13. Develop a panel of preferred suppliers and establish privileged relationships leading to contracts.
14. Measure and manage purchasing performance, ensuring agreed commercial terms are adhered to through invoice control.
15. Maintain a clear view of cost performance across suppliers, including hourly rates, production times, and service costs.
16. Evaluate suppliers based on defined quality, cost, and volume objectives.
17. Monitor unit price changes with each supplier and assess financial impacts for Fred.
18. Ensure the Supply Chain adheres to new legislative, group, or sector standards.
19. Responsible for Supply Chain RJC certification and associated improvement plans.
20. Update the supply chain risk assessment and conduct necessary due diligence.
21. Contribute to group initiatives to mitigate supply, social, or environmental risks.
22. Represent Fred operations in LVMH's Life 360 working groups and manage indicators from the Cascade tool.

1. Engineering, business school, or equivalent degree.
2. 7 years of professional experience, with a background in jewelry being advantageous.

1. Rigor and reliability.
2. Strong analytical skills and quantitative understanding of complex data and industrial processes.
3. Ability to synthesize quantitative issues for decision-making and obtain validation.
4. Excellent relational skills to foster supplier partnerships and liaise with Fred teams.
5. Agility to adapt to sector demands and rapid changes.
6. Curiosity to follow technological advancements and continuously optimize the supplier panel.
7. Proficiency in English is essential; Italian is a plus.
8. Proficiency in IT tools.

Minimum of 5 years in a relevant field, with experience in the jewelry industry considered a significant advantage.

Engineering, business school, or equivalent degree.

Hybrid working model with regular travel within Europe. LVMH recognizes and recruits all talents.

Fred embodies the joie de vivre, freedom, and light of the Riviera, with its employees acting as daily ambassadors of these values. The workplace culture is one of joyful audacity and creative freedom, fostering an environment where innovation and tradition harmoniously coexist.