Diamond Procurement

Job Title: Diamond Procurement Executive
Department: Procurement / Supply Chain
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 strong 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.


• Analyze price trends and competitor sourcing strategies.


• Recommend cost-effective procurement strategies to management.

Required Qualifications & Experience

• Bachelor's degree (Graduate) is mandatory.


• IGI (International Gemological Institute) or GIA (Gemological Institute of America) certification is mandatory.


• 2–5 years of experience in diamond procurement, diamond buying, or diamond merchandising.


• Experience in sourcing certified natural and/or lab-grown diamonds is preferred.

Required Skills

• Strong knowledge of diamond grading (4Cs – Cut, Color, Clarity, and Carat).


• Hands-on experience in diamond buying and procurement.


• Excellent negotiation and vendor management skills.


• Strong understanding of diamond pricing and market trends.


• Good analytical and decision-making abilities.


• Proficiency in MS Office (Excel, Word) and inventory/ERP systems.


• High attention to detail and accuracy.


• Excellent communication and interpersonal skills.