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Description
Product Development (PD) Merchandiser – Jewelry (US Market) Location: BKC, Mumbai, India (with potential US travel) Company: Grown Diamond Corporation Compensation: Competitive salary + Performance-based incentives About Us Grown Diamond Corporation has been a trusted supplier of certified lab-grown diamonds to the US market for over 10 years. As we expand into jewelry manufacturing, we are looking for a Product Development (PD) Merchandiser who understands the US jewelry market, pricing strategies, and production execution . The ideal candidate will help develop commercially viable, trend-driven jewelry collections that align with retailer needs and market demand . Role Overview The PD Merchandiser will act as the bridge between design, production, and sales , ensuring that collections are market-driven, cost-effective, and profitable . They will work closely with the factory in Surat, suppliers, and retail buyers to create and deliver high-quality lab-grown diamond jewelry that meets pricing and margin expectations. Key Responsibilities Product Development & Merchandising: Develop trend-driven jewelry collections tailored to the US market. Work with designers and CAD teams to ensure collections are commercially viable and manufacturable. Create and manage SKU plans, focusing on best-selling categories (rings, bracelets, earrings, necklaces, etc.). Coordinate sample development, ensuring designs translate well into finished jewelry. Pricing & Costing Establish competitive pricing strategies for jewelry based on US market benchmarks. Work with suppliers and manufacturers to negotiate costings while maintaining high-quality standards. Ensure the right balance between pricing, margins, and retail positioning. Analyze and optimize materials, labor costs, and production efficiencies to maximize profitability. Develop and maintain a costing sheet for all SKUs, ensuring transparency in raw material and production costs. Vendor & Supply Chain Management Manage relationships with the jewelry factory in Surat, ensuring timely production and quality control. Source and negotiate with vendors for metals, diamonds, and other materials to achieve cost efficiency. Oversee logistics, import/export compliance, and inventory management. Work closely with sales and retail buyers to ensure smooth order fulfillment. Market & Sales Alignment Analyze US retail trends and suggest best-selling product categories. Collaborate with the Sales & Marketing team to align product offerings with customer demand. Assist in preparing product presentations, line sheets, and pricing catalogs for retailers. Attend trade shows and meetings with US buyers to understand their requirements and preferences. Ideal Candidate Profile Experience & Background: 5+ years' experience in jewelry merchandising & product development for the US market. Prior experience with fine jewelry, lab-grown diamonds, or mass-market jewelry brands is preferred. Strong knowledge of pricing strategies, cost breakdowns, and profitability analysis. Experience working with factories, suppliers, and retail buyers. Familiarity with jewelry production processes (casting, setting, polishing, CAD, etc.). Skills & Expertise Strong analytical skills in pricing, market trends, and inventory management. Proficiency in Excel, costing sheets, and financial modeling for jewelry pricing. Understanding of US retail pricing structures, wholesale markups, and margin expectations. Ability to negotiate with manufacturers and vendors to get the best pricing. Excellent communication and presentation skills for buyer and supplier negotiations. Why Join Us? Be part of a new, growing jewelry division with a strong foundation in lab-grown diamonds. Leverage an existing network of 1,000+ US retailers for instant market reach. Opportunity to travel, attend trade shows, and work with leading US jewelry buyers. Competitive salary + growth-based incentives. Show more Show less
