The L'Oréal story begins in 1907 when a young French chemist invented the first hair colorant. Success was immediate and since then L'Oréal has gone from strength to strength. L'Oreal is one of only two blue chip companies in the world that can claim double digit growth for 20 continuous years, and launched over 700 new products in 2010 alone. Having celebrated its 100th birthday in 2009, the company has ambitious plans to grow its consumer base from 1.2 billion to 2.5 billion by 2020. L'Oreal's growth strategy lies not only in developing countries, but in continued diversification into populations such as the male and mature markets. L'Oréal is world leader in cosmetics and beauty products and has a presence in 130 countries. It produces over 4.5 billion products a year in 42 industrial plants around the world. L'Oreal's products sell by the billion in every conceivable distribution channel - for example, Garnier and Maybelline in supermarkets, Vichy in pharmacies, Kerastase in hair salons and Giorgio Armani Cosmetics in the most exclusive channels, such as Harrods. Based in London, L'Oreal's brand portfolio also includes: L'Oréal Paris, SoftSheen-Carson, Lancome, Shu Uemura, Yves Saint Laurent Beaute, Viktor & Rolf, Diesel, Cacharel, Kiehl’s, Ralph Lauren, Biotherm, L'Oréal Professionnel, Redken 5th Avenue NYC, Matrix, Logics, Mizani, PureOlogy, La Roche-Posay, Sanoflore, Dermablend, SkinCeuticals, Essie and The Body Shop.
The L'Oreal Management Training Scheme offers up to 40 graduates a year an individually tailored, 12 month rotational programme to prepare them for future leadership. Students who have already graduated with, or are expecting, a 2:1 in any degree subject, can apply for one of four streams within the scheme, starting on highly competitive salary of £28,000 and £29,500 following completion of the scheme. These are: COMMERCIALIn National Account Management, you will work with large clients including Tesco, Boots, Superdrug, etc to build close partnerships and increase L’Oreal’s share of the Health & Beauty market.Your key role and responsibilities include: Negotiating with the client to build a business relationship of trust and confidence that delivers mutual business objectives Tailoring and maximising new launches within accounts Liaising with all areas of the business in order to assure the highest level of customer service to your account Monitoring sales, identifying new business opportunities and accurately forecasting promotions and launches Putting together rationale for new product listings, space increases and promotions Key competitor analysis You will love Commercial if: You are results-driven and enjoy a challenge You are a natural communicator who enjoys networking and negotiating You are excited by the challenge of managing your own business in a fast paced, dynamic environment You are a flexible thinker who generates new ideas and business solutions You are able to present with passion and handle a challenging audience confidently SUPPLY CHAINIn Supply Chain, you will work to provide solutions to sharpen and improve the quality of our service to customers, creating a critical competitive advantage for our business.Your key roles and accountabilities are: Liaising with European factories to maximise product availability Working closely with Marketing and Commercial teams to accurately forecast the potential of our products and maximise service levels to our customers Contributing to the performance and strategic development of our distribution centres and driving forward continuous improvements within supply chain innovation You will love working in Supply Chain if: You are a logical and rational thinker who can simplify a complex problem and offer clear and effective solutions You have the capacity to understand the bigger business picture whilst dealing with essential detail You have a technical mind but are keen to work within the heart of a business You have strong networking skills and the ability to interact with all areas of the business You are flexible, as you may have to travel and work in our distribution centres in Manchester MARKETINGAs a marketer, you will brand manage your portfolio of products in a fiercely competitive environment. You combine strategic thinking and daily operational challenges to create a vision for your brand, and set about achieving it.You key roles and accountabilities include: Monitoring, understanding and reporting on the performance of your brand and its competitors within the market Assessing the potential for new launches and helping build successful launch plans Conducting consumer research to identify new product opportunities Building strong internal relationships with the Commercial and Supply Chain teams to ensure competitive pricing promotions and a smooth supply chain process Working with external agencies including design, PR and advertising Accurately forecasting your brand sales and promotions You will love working in Marketing if: You are naturally aware and inquisitive of trends, new products and consumer habits You are a creative out-of-the-box thinker who challenges traditional methods You are a clear communicator, passionate and inspirational to the team around you, and not afraid of expressing opinion You are a logical and rational thinker who can simplify a complex problem or situation FINANCEIn Finance, your performance is vital to both our operational and strategic performance, contributing to efficiency and profitability in everything we do. Finance is at the heart of decision-making and is far removed from the more traditional accountancy role. Your key roles and responsibilities are: Optimising the Group’s financial results by controlling and ensuring financial discipline Using your initiative to manage growth and contribution in everything from product launches to pricing strategies Provide key corporate decision-makers with timely and accurate information Analysing, reporting and ensuring correct procedures are enforced. You will love Finance if: You have strong technical skills along with an ability to analyse and draw conclusions from complex data, and can use this to provide reasoned insights and recommendations You enjoy seeking new and creative solutions to business problems and using your financial skills to approach these with an objective and rational view You enjoy working in a multi-functional environment, and are able to interact effectively on a day-to-day basis with your business partners outside the Finance function You thrive in an environment which offers you multiple and diverse working priorities, constantly challenging you to manage your objectives efficiently
L'Oreal is looking for intelligent, enthusiastic graduates who display certain characteristics in their own unique way. Graduates joining the Management Training Scheme are specifically assessed for their potential to go on to be senior leaders within the company. In particular, L'Oreal looks out for candidates who can demonstrate: Entrepreneurship, Innovation, Teamwork, Leadership, Creativity, The ability to interact effectively with others, The ability to manage complex tasks, and an understanding of the FMCG and beauty industry from our business' perspective.