Head of Gemstone Sourcing

This role is for one of Weekday’s clients
Salary range: Rs 1500000 - Rs 2000000 (ie INR 15 - 20 LPA)

Min Experience: 8+ years
Location: Jaipur
JobType: full-time

We are looking for an experienced and result-oriented Head of Gemstone Sourcing for a leading jewellery company in Jaipur. The ideal candidate should possess extensive knowledge of gemstones, exceptional negotiation and vendor management skills, and proven experience in leading sourcing and procurement teams. The candidate will be responsible for developing sourcing strategies, building strong supplier relationships, ensuring gemstone quality, optimising procurement costs, and managing end-to-end gemstone sourcing operations.

Key Responsibilities

1. Gemstone Sourcing & Procurement Lead end-to-end sourcing and procurement of precious and semi-precious gemstones. Identify, evaluate, and develop reliable domestic and international gemstone suppliers. Ensure consistent availability of quality gemstones at competitive prices. Develop effective sourcing strategies aligned with business requirements.

2. Vendor Management & Negotiation Negotiate pricing, payment terms, delivery schedules, and supply agreements. Build and maintain strong relationships with gemstone manufacturers, traders, and suppliers. Identify opportunities for cost optimisation without compromising quality. Monitor supplier performance and maintain a strong vendor network.

3. Gemstone Product Knowledge & Quality Demonstrate in-depth knowledge of gemstones, including rubies, emeralds, sapphires, and other precious and semi-precious stones. Understand gemstone grading, colour, clarity, cut, carat weight, treatments, certification, and market valuation. Ensure sourcing meets required quality standards and specifications. Stay updated on gemstone market trends, pricing, and availability.

4. Team Leadership & Management Lead, mentor, and manage the gemstone sourcing and procurement team. Set sourcing targets, monitor performance, and drive team productivity. Coordinate with design, merchandising, production, inventory, and quality control teams. Establish efficient sourcing processes and accountability within the team.

5. Cost Control & Strategic Planning Develop procurement budgets and cost-saving initiatives. Analyse gemstone market pricing and negotiate favourable procurement deals. Ensure timely procurement to support production and business requirements. Monitor inventory requirements and minimise sourcing delays.

Candidate Requirements

Must-Have Skills

Minimum 8 years of experience in gemstone sourcing and procurement.

Strong product knowledge of precious and semi-precious gemstones.

Excellent negotiation and commercial skills.

Established gemstone supplier and vendor network.

Proven experience in team handling and leadership.

Strong understanding of gemstone quality, grading, pricing, and market trends.

Preferred Qualifications

Graduate in any discipline; qualification in Gemology or Jewellery Management preferred.

Experience working with reputed gemstone trading, jewellery manufacturing, or jewellery retail companies.

Strong knowledge of the Jaipur gemstone market. Excellent communication, analytical, and decision-making skills.

Must-have skills

gemstone sourcing, procurement, negotiation

Good-to-have skills

gemology, jewellery management, communication