Diamond Sourcing Specialist

2 days ago

Mumbai, Maharashtra, India beBeeSourcing Full time ₹ 15,00,000 - ₹ 28,00,000

Global Diamond Sourcing Expert

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As a key member of our team, you will be responsible for developing and implementing a comprehensive global diamond sourcing strategy. This includes analyzing market trends, identifying opportunities, and negotiating favorable terms with suppliers worldwide.

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Key Responsibilities:

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  • Develop and implement a global diamond sourcing strategy that aligns with business objectives and ensures a sustainable and competitive supply chain.\
  • Build and maintain strategic relationships with key diamond suppliers, ensuring consistent quality and supply.\
  • Monitor global diamond market trends, including pricing fluctuations, availability, demand shifts, and geopolitical factors that may impact sourcing.\
  • Lead, manage, and develop the diamond sourcing team, setting clear objectives and providing mentorship to ensure the team consistently meets and exceeds its sourcing goals.\
  • Oversee the quality assurance process for all sourced diamonds, ensuring compliance with industry standards and company specifications.\
  • Collaborate with inventory management and production teams to optimize diamond stock levels, balancing availability with cost efficiency.\
  • Identify potential risks in the diamond supply chain and develop mitigation strategies to ensure continuity of supply.\
  • Establish key performance indicators (KPIs) for sourcing activities and provide regular reports to senior management on sourcing performance, market insights, and strategic initiatives.\
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Required Skills and Qualifications:

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  • Expertise in sourcing strategy development within the diamond industry.\
  • Strong capabilities in supplier relationship management specific to diamond sourcing.\
  • Ability to monitor global diamond market trends, including pricing, availability, and demand shifts.\
  • Proven ability to lead, manage, and develop a sourcing team, ensuring they meet sourcing goals.\
  • Deep knowledge of diamond quality, grading, and ethical sourcing practices.\
  • Excellent negotiation, analytical, and communication skills.\
  • Strong leadership and team-building capabilities.\
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