Inventory Management Specialist

As the largest jewellery brand in the world, we a give a voice to millions of people’s loves every day. Our beautiful products empower people all around the world to express themselves. We are proud to be part of their stories and the most important moments in their lives.

Where original thinking is welcomed, and can turn into positive impact in a heartbeat, we can dream big, dare to act, and deliver with care and passion. At Pandora where you can each craft far more than just an incredible career.

About the Team:

The Inventory Management Specialist will report directly, and is a key partner, to the Director of Loss Prevention and Inventory. This role plays a pivotal role in maintaining operational efficiency and reducing shrink by ensuring accurate inventory processes. Through collaboration, data-driven insights, and process improvements, this role directly impacts Pandora’s profitability and enhances the overall fan experience. By aligning inventory control activities with organizational goals, the Specialist supports Pandora’s mission to deliver exceptional operational results and maintain a competitive edge in the retail market

As an Inventory Management Specialist, you will consolidate and centralize inventory control activities to ensure accuracy and efficiency in managing Pandora’s inventory. This role serves as a key resource for investigating inventory discrepancies, managing the annual physical inventory process, and supporting efforts to reduce shrink. By leveraging data analytics and collaborating across teams, the Inventory Management Specialist ensures that inventory processes are standardized and executed effectively

Your Role as an Inventory Management Specialist:

Accountabilities:

Inventory Centralization & Consolidation:

• Consolidate store inventory control activities, ensuring consistent practices across all stores (i.e., Distributions not Received, Transfers not Received, etc.)

• Maintain a centralized database to monitor inventory discrepancies and trends.

Data Analytics for Inventory Control:

• Leverage data analytics to identify and resolve inventory discrepancies.

• Provide actionable insights to support Loss Prevention investigations and inventory audits.

• Develop and maintain reports to track inventory performance and highlight areas for improvement.

Annual Physical Inventory Management:

• Lead the annual physical inventory process, ensuring accurate execution across all stores.

• Coordinate with store leaders to ensure compliance with inventory procedures.

• Analyse results and provide recommendations to improve inventory accuracy year-over-year.

Shrink Reduction & Loss Prevention:

• Support initiatives to reduce shrink by identifying and addressing root causes of inventory discrepancies.

• Collaborate with Loss Prevention teams to investigate inventory-related incidents.

• Implement controls and best practices to minimize shrink across stores.

Cross-Functional Collaboration:

• Partner with Store Operations, Distribution, and IT to streamline inventory processes and resolve systemic issues.

• Work closely with the Loss Prevention team to align inventory control activities with investigative priorities.

• Coordinate with field teams to ensure timely resolution of inventory issues.

Process Improvement:

• Identify opportunities to improve inventory management processes and implement solutions.

• Standardize procedures for inventory reconciliation and reporting.

• Provide training and guidance to field and store teams on inventory best practices

Craft your career with us if you have:

• Bachelor’s degree in Business Administration, Supply Chain Management, or related field.

• 3-5 years of experience in inventory management, loss prevention, or retail operations.

• Strong understanding of inventory control processes and retail operations.

• Proficiency in data analytics and inventory management systems

• Excellent analytical and problem-solving abilities.

• Strong organizational and planning skills with attention to detail.

• Exhibits excellence with respect to POS/Inventory Management systems and data analysis tools (e.g., Excel, Tableau, or Power BI).

• Effective communication and collaboration skills.

• Ability to manage multiple priorities in a fast-paced environment.

• Strong Knowledge of Microsoft Office (e.g., Word, Office, PowerPoint)

• Communication skills, both verbal and written, with all levels of organization

Our Benefits:

· We Dare! We offer a robust compensation package including base and bonus, a 401K plan to help you secure your financial future

· We Care! Pandora offers extensive benefits including Medical, Dental, Vision, Short/Long Term Disability, Basic Life and AD&D, anniversary gift cards, recognition program and product discounts!

· We Dream! Pandora is fostering growth and crafting opportunities to support the business needs which learning and development programs, continuous feedback, LinkedIn learning, tuition reimbursement and more.

· We Deliver! PTO Package including: Vacation, Personal, Sick, Celebration days and Paid Holidays

New York City : $90,000 - $115,000 commensurate with experience

About Pandora:

Pandora is the world's largest jewellery brand, specialising in the design, crafting and marketing of accessible luxury jewellery made from high-quality materials. Each piece is created to inspire self-expression, allowing people to share their stories and passions through meaningful jewellery. Pandora jewellery is sold in more than 100 countries through 6,800 points of sale, including more than 2,700 concept stores.

Headquartered in Copenhagen, Denmark, Pandora employs 37,000 people worldwide and crafts its jewellery using only recycled silver and gold. Pandora is committed to leadership in sustainability and has set out to halve greenhouse gas emissions across its value chain by 2030. Pandora is listed on the Nasdaq Copenhagen stock exchange and generated revenue of DKK 31.7 billion (EUR 4.2 billion) in 2024.

Pandora’s recruitment procedures are designed to be transparent and clear for all candidates. This helps us ensure that applicants are provided with a fair and equal opportunity to demonstrate their competencies and skills by removing blocking factors, possible biases, and risks of discrimination. We encourage everyone

applying to our vacancies to refrain from adding identity-related elements such as a photo, marital status, and age.

About Pandora NAM:

The Pandora North America team in the USA & Canada consists of more than 115 employees working at our offices in New York & Baltimore, more than 80 in our Logistics Center in Columbia, Maryland, an additional 100 in field positions, and more than 3,900 in our owned and operated stores.

Today, the USA is Pandora’s single largest market. The Pandora North American region as a whole encompasses over 1,400 points of sale, including over 420 concept stores, with more than 300 being owned and operated by Pandora.