Job Purpose

The Jewelry Merchandiser leads the lifecycle strategy for fine and fashion jewelry collections. This role blends creative product selection with rigorous financial planning to maximize gross margin return on investment (GMROI). The ideal candidate understands metal and gemstone market dynamics, tracks rapid-moving fashion trends, and optimizes high-value inventory velocity across global retail and e-commerce channels.

Key Roles and Responsibilities

Collection Planning and Visual Merchandising Strategy

- Assortment Architecture: Build balanced product lines across key jewelry categories (rings, necklaces, earrings, bracelets) and price tiers (entry-level to high-end statement pieces).
- Trend Analysis: Monitor global jewelry trends, runway collections, and red-carpet influences to forecast demands for specific metals, stone cuts, and setting styles.
- Core vs. Fashion Balancing: Manage the lifecycle of "never-out-of-stock" bridal and core diamond essentials while driving fresh, high-turn seasonal fashion collections.
- Presentation Standards: Collaborate with the visual merchandising team to design security-compliant, high-end display layouts that elevate product story-telling.

Precious Metals, Gem Sourcing, and Financial Control

- Commodity Market Tracking: Monitor global price fluctuations of precious metals (gold, platinum, silver) and diamonds/gemstones to protect product margins.
- Open-to-Buy (OTB) Mastery: Direct the seasonal OTB budget, adjusting purchase orders dynamically based on category sell-through rates and high-value stock turn.
- Pricing Architecture: Establish retail pricing matrices that account for metal weights, gemstone carats, craftsmanship labor, and targeted gross margins.
- Inventory Velocity: Implement tactical exit strategies, trade-in programs, or metal-melting strategies for stagnant, high-capital-tied jewelry styles.

Global Vendor Management and Ethical Sourcing

- Supplier Negotiation:



Negotiate manufacturing costs, labor rates (making charges), and minimum order quantities (MOQs) with domestic and international casting houses.
- Compliance Oversight: Ensure all sourced materials comply with ethical standards, including conflict-free diamond sourcing (Kimberley Process) and responsible metal origins.
- Quality Assurance Liaison: Partner with QA teams to maintain strict standards regarding metal purities (hallmarking), stone settings, and clasp security.

Leadership and Cross-Functional Integration

- Team Development: Manage, mentor, and upskill assistant merchandisers, inventory allocators, and product coordinators.
- Design & Production Synergy: Work alongside jewelry designers and CAD technicians to ensure creative concepts align with target cost-of-goods-sold (COGS) limits.
- Sales Enablement: Provide product training notes, gemstone highlights, and unique selling points (USPs) to retail staff and customer service teams.

Job Requirements

Experience and Qualifications

- Education: Bachelor’s degree in Fashion Merchandising, Luxury Brand Management, Business, or a related field.
- Certification: GIA (Gemological Institute of America) or equivalent gemology certification is preferred. - This is optional - advantage
- Experience: 2+ years of retail or wholesale merchandising experience, with at least 3 years specifically within the fine jewelry, luxury, or watch industry.

Technical and Analytical Skills

- Jewelry Metrics: Deep expertise in jewelry math, metal conversion weights, carat-weight pricing, and standard retail KPIs (GMROI, sell-through, turn).
- Software Proficiency: Advanced skills in Microsoft Excel (pivot tables, data modeling) and specialized retail ERP/inventory systems (e.g., SAP, Oracle, or jewelry-specific platforms).
- Market Knowledge: Established understanding of global jewelry supply chains (e.g., India, Italy, Thailand, Hong Kong manufacturing networks).

Pay: From ₹20,000.00 per month

Work Location: In person

📌 Jewellery Merchandiser (India)
🏢 THAMARAI THAYAR JEWELS PRIVATE LIMITED – ‘TTJ Next Gen Jewels’
📍 India