Reporting To: Procurement Manager / Head – Procurement
Job Summary
We are seeking a knowledgeable and detail-oriented Diamond Procurement Executive to manage the sourcing and procurement of certified diamonds. The ideal candidate must be a graduate with IGI or GIA certification and possess hands-on experience in diamond buying, grading, pricing, and vendor management. The role requires solid market knowledge, negotiation skills, and the ability to procure high-quality diamonds at competitive prices while maintaining company quality standards.
Key Responsibilities Procurement & Sourcing
Source and procure certified natural and/or lab-grown diamonds based on business requirements.
Evaluate diamonds for quality, cut, color, clarity, carat weight, and pricing.
Negotiate pricing, payment terms, and purchase agreements with suppliers.
Develop and maintain strong relationships with diamond manufacturers, wholesalers, and vendors.
Identify new sourcing opportunities and reliable suppliers.
Diamond Evaluation
Verify and assess diamonds using IGI/GIA grading standards.
Ensure all purchased diamonds meet company quality specifications.
Authenticate diamond certifications and maintain quality documentation.
Stay updated on market trends, pricing fluctuations, and industry developments.
Vendor Management
Build long-term relationships with suppliers and negotiate favorable commercial terms.
Evaluate vendor performance based on quality, pricing, and delivery timelines.
Coordinate with vendors to ensure timely procurement and deliveries.
Inventory & Documentation
Coordinate with inventory and merchandising teams for stock planning.
Maintain procurement records, purchase orders, invoices, and certification documents.
Ensure accurate inventory reconciliation and stock reporting.
Prepare procurement MIS and purchase reports.
Market Research
Monitor domestic and international diamond markets.
📌 Diamond Procurement (Mumbai)
🏢 Neuraleap Group
📍 Mumbai
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