LVMH Inventory Manager

LVMH Fragrance Brands, a distinguished division of the LVMH Group, encompasses two iconic beauty houses: Parfums Givenchy and KENZO Parfums. Renowned for their expertise and rich heritage in fragrance, makeup, and skincare, these brands serve as incubators for innovative projects under the 'New Ventures' initiative. As part of the LVMH ecosystem, employees are inspired by the couture legacy and encouraged to foster entrepreneurial spirit, creativity, and operational excellence.

1. Define and lead the global inventory management strategy in alignment with the company's financial and environmental objectives.
2. Monitor and analyze key performance indicators for global inventory, including value, turnover, coverage, obsolescence, destruction, and returns.
3. Develop and optimize reporting and inventory tracking tools utilizing Business Intelligence capabilities.
4. Create impactful visualizations to enhance understanding and interpretation of data.
5. Analyze risks and opportunities affecting inventory levels in the cosmetics market context.
6. Propose a global inventory management policy in coordination with supply planning teams, defining target coverage levels.
7. Develop and update a global inventory roadmap for a three-year horizon, integrating lifecycle management and sustainability goals.
8. Coordinate inventory monitoring with Industrial Logistics Managers, Financial Control, and central and local Supply Chain teams.
9. Manage inventory landings in accordance with P&L objectives, ensuring alignment with financial goals.
10. Deploy and monitor the effectiveness of stock reduction actions, prioritizing initiatives that minimize waste and maximize product freshness.
11. Incorporate quality dimensions into inventory management (shelf life, customer freshness requirements).
12. Anticipate and manage inventory-related risks (returns, expiration, discontinuation, regulatory changes) by implementing risk mapping and preventive action plans.
13. Coordinate stock clearance actions and product selection with Operations, Finance, Marketing, and Commercial teams.
14. Monitor, alert, and challenge markets on the clearance of remaining limited edition products, minimizing waste.
15. Propose solutions for clearing potential excess inventory and establish a commercial action plan co-led with international management.
16. Identify global inventory surpluses requiring reverse logistics, considering the environmental impact of product disposal and seeking recycling or recovery solutions.
17. Coordinate teams on continuous improvement projects aimed at reducing inventory.
18. Participate in defining and implementing new tools and processes to enhance inventory management and optimize the Supply Chain.

1. Engineering degree (Bac +5) or equivalent with a specialization in Supply Chain.
2. Minimum of 5 years of experience in a similar role or in financial functions (business analyst, financial control) with significant inventory management experience, ideally in the cosmetics or luxury goods industry.
3. Strong understanding of inventory management principles and best practices, including ABC analysis, safety stock optimization, and demand forecasting.
4. Excellent analytical and problem-solving skills.
5. Experience in developing and implementing stock reduction strategies, with the ability to measure action effectiveness and derive insights.
6. Strong aptitude for using and developing Business Intelligence (BI) tools for data analysis, dashboard creation, and decision-making.
7. Proficiency in Excel, Power BI, and SAP.
8. Strong sensitivity to quality and sustainability issues in the luxury sector.
9. Ability to work in project mode and lead cross-functional teams.
10. Excellent communication and presentation skills, with the ability to influence and persuade.
11. Fluent in English (oral and written).

1. Strategic inventory management
2. Data analysis and reporting
3. Business Intelligence tools
4. Cross-functional team leadership
5. Risk management
6. Sustainability and quality focus
7. Communication and presentation
8. Project management

Minimum of 5 years in inventory management or related financial roles, preferably within the cosmetics or luxury goods industry.

Engineering degree (Bac +5) or equivalent with a specialization in Supply Chain.

Employees are supported in their entrepreneurial endeavors and creativity, with a focus on operational excellence and sustainability. The company fosters a positive transformation environment.

The workplace culture at LVMH Fragrance Brands is characterized by a commitment to couture heritage, entrepreneurial spirit, and creativity. Employees are encouraged to embody key attitudes of Determination, Agility, Realism, and Empathy, contributing to a collaborative and innovative environment.