Job Description
KEY RESPONSIBILITIES Source and procure essential jewelry components, including: 1. Loose diamonds and gemstones (precious and semi-precious) 2. Metal findings (clasps, settings, chains) 3. Mounts, semi-finished goods, and finished jewellery products.
Manage vendor relationships, from luxury suppliers to raw materials traders, ensuring reliability, ethical sourcing, and quality standards.
Negotiate pricing, payment terms, and lead times to maintain margin targets while ensuring supply stability.
Work closely with product development, design, and production teams to support seasonal and core range needs.
Partner with merchandising planners to align inventory levels with sales forecasts and production timelines.
Stay informed about commodity pricing trends (e.g., gold, diamonds) and their impact on cost planning.
Monitor quality assurance standards for incoming components and manage any supplier non-compliance issues.
Maintain accurate procurement records, purchase orders, and supply chain documentation.
Attend trade fairs, supplier meetings, and industry events to source new materials and innovations.
Ensure alignment with ethical sourcing, conflict-free diamond practices, and sustainability initiatives.
Requirements
Bachelors degree in Business, Supply Chain, International Trade, or related field.
25 years of experience in a buying role within the jewelry, luxury goods, or accessories industries.
Familiarity with gemological standards (e.g., GIA certifications, 4Cs of diamonds).
Experience in a manufacturing environment is a strong advantage.
Strong knowledge of jewelry materials and component categories (gemstones, diamonds, precious metals).
Experience working with domestic and international suppliers in jewelry or luxury goods.
Excellent negotiation and cost analysis skills. High level of attention to detail and product quality standards. Comfortable working with data, inventory systems, and Excel/Google Sheets.
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