Sourcing Head - Diamond Sourcing Acme Services

10.0 - 20.0 years

10 - 20 Lacs

Mumbai, Maharashtra, India

On-site

Responsibilities: Sourcing Strategy Development: Develop and implement a comprehensive global sourcing strategy for diamonds, aligning with business objectives and ensuring a sustainable and competitive supply chain. Supplier Relationship Management: Build, maintain, and strengthen strategic relationships with key diamond suppliers worldwide, negotiating favorable terms and ensuring consistent quality and supply. Market Trend Monitoring: Continuously monitor global diamond market trends, including pricing fluctuations, availability, demand shifts, and geopolitical factors that may impact sourcing. Team Leadership & Development: Lead, manage, and develop the diamond sourcing team, setting clear objectives, providing mentorship, and ensuring the team consistently meets and exceeds its sourcing goals. Quality & Compliance: Oversee the quality assurance process for all sourced diamonds, ensuring compliance with industry standards, ethical sourcing guidelines, and company specifications. Inventory Optimization: Collaborate with inventory management and production teams to optimize diamond stock levels, balancing availability with cost efficiency. Risk Management: Identify potential risks in the diamond supply chain and develop mitigation strategies to ensure continuity of supply. Performance Reporting: Establish key performance indicators (KPIs) for sourcing activities and provide regular reports to senior management on sourcing performance, market insights, and strategic initiatives. Required Skills: 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.

Posted 1 month ago

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