Job Role: Manager - Diamond / Gemstone procurement

Location: BKC, Mumbai

Reports to: Managing Director

Position Summary:

This position will be responsible for the end-to-end sourcing and procurement of diamonds and/or colored gemstones (emeralds, rubies, sapphires, etc. ) to support production &

sampling requirements. This role involves vendor management, quality assurance, price negotiation & inventory coordination. The individual is expected to ensure the availability of stones at the right price, quality & timelines, in alignment with design & manufacturing plans.

Key Responsibilities:

Procurement Planning:

Plan diamond & gemstone procurement schedules aligned with production &

sample line requirement.

Forecast diamond requirements by order frequency & product category.

Optimize procurement cost & cash flow through smart buying & inventory rotation.

Vendor and Supplier Management:

Identify, valuate & develop reliable suppliers, maintain vendor relationships for critical & certified stones

Negotiate commercial terms, pricing, lead time,



payment cycles & quality.

Quality Inspection / Check

Implement incoming QC parameters for stone cut, colour, clarity, carat.

Inventory Control

Monitor inventory health of diamonds & gemstones, ensure stocking as per norm

Track consumption, procurement & stock across product lines

Ensure stock data visibility in ERP or inventory systems.

Cross-functional Coordination:

Coordinate with design, CAD, production & sales teams to meet timeline

Support the product development team with timely availability of special stones for samples

Candidate Profile:

Education & Qualifications:

Graduate

Gemology certification (GIA / IGI etc)

Experience:

Minimum 10+ years in diamond and/or gemstone procurement

Skills & Competencies:

Knowledge of market trends

Hands-on experience in stone grading, negotiation, vendor management

Exposure to certification, international sourcing & high-value stones

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