Manager - Diamond Buyer / Gemstone procurement-Mumbai

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