Gemstone Buyer (Mumbai / Jaipur)

Gemstone Buyer

Job Type: Full-time

Industry: Gemstones / Jewellery / Luxury Goods

About the Role

We are seeking a detail-oriented and commercially driven Gemstone Buyer to support our purchasing team in sourcing, evaluating, and managing a wide range of precious and semi-precious gemstones.

This role requires strong technical knowledge of gemstones along with well-established supplier connections in Mumbai and Jaipur markets. The ideal candidate should be confident in handling assortments, pricing negotiations, and ensuring consistent quality aligned with brand standards.

Key Responsibilities

• Source and procure precious & semi-precious gemstones (ruby, emerald, sapphire, and other colored stones) based on design, quality, and budget requirements
• Evaluate gemstones based on colour, clarity, cut, origin, treatment (heated/untreated), lustre, transparency, and calibration
• Assess and verify certifications, disclosures, and treatments (heated, unheated, dyed, filled, etc.)
• Maintain and leverage strong supplier networks in Mumbai & Jaipur for competitive sourcing and consistent supply
• Compare pricing across multiple vendors and negotiate effectively to achieve optimal cost and quality balance
• Coordinate with suppliers for availability, memo goods, custom cutting, and delivery timelines
• Ensure accurate assortment planning as per design and merchandising requirements
• Maintain detailed records of purchases, vendor data, and inventory movements
• Track stock levels and manage incoming/outgoing gemstones efficiently
• Conduct quality checks to ensure stones meet internal standards and specifications
• Monitor market trends, pricing fluctuations, and gemstone demand cycles
• Prepare reports on purchases, stock position, supplier performance, and pricing benchmarks

Requirements

• 3–6 years of experience in gemstone sourcing or jewellery buying
• Strong knowledge of gemstone grading, treatments, and origin identification basics
• Hands-on experience with colored stones assortment planning and bulk buying
• Established supplier relationships in Mumbai & Jaipur (mandatory)
• Strong negotiation and vendor management skills
• High attention to detail and quality orientation
• Proficiency in Microsoft Excel and inventory/ERP systems
• Ability to work in a fast-paced, target-driven environment

Preferred Qualifications

• Certification or background in Gemology (e.g., GIA or equivalent)
• Experience with both calibrated and non-calibrated gemstones
• Understanding of international gemstone markets and sourcing hubs
• Exposure to custom cutting and gemstone manufacturing processes

What We’re Looking For

• Strong analytical and observational ability
• Deep understanding of color stones vs diamond buying dynamics
• Excellent commercial judgment and pricing awareness
• A proactive, solution-oriented team player
• Ability to manage multiple assortments and timelines efficiently

Why Join Us

• Opportunity to work in a growing colored gemstone and jewellery business
• Direct exposure to Mumbai & Jaipur gemstone markets
• Involvement in assortment building, sourcing strategy, and vendor development
• Strong growth path within buying and merchandising functions