The Diamond Buyer Specialist supports the Large Diamonds buying team with the objective of achieving continued growth and financial profitability for Stuller Inc.
Help develop buying plans and pricing strategies.
Analysis of all aspects of Stuller’s diamond inventory position.
Buy a range of goods as directed by the Director of Diamond Buying.
Essential Duties & Responsibilities:
Collaborates to develop buying plans and pricing strategies that maximize turns and overall profitability.
Work with vendors to order, select and purchase loose diamonds.
Review sales, demand forecast and on-hand inventory to maintain a continuously current buying plan.
Actively maintains mutually beneficial vendor relationships to ensure that we are purchasing the right product, at the right time and at the right price for our customers.
Arranges delivery of merchandise.
Values and evaluates profitability of diamond purchases, including analysis of inventory turns and GMROI
Works with Inventory Control team to ensure accurate receipt of product.
Assists in sourcing for special orders requests.
Analyzes excess, dated, and slow turning inventory.
Works with Diamond Quality Assurance team as needed to participate in diamond grading.
Maintains knowledge of world markets to understand industry trends.
Establishes, develops, and maintains constructive, collaborative relationships within the department and across the organization.
Must be able to travel both domestically and internationally.
Qualifications:
Skills:
Ability to handle multiple tasks simultaneously.
Ability to access information using automated systems
Ability to work cross functionally across a large organization.
Experience:
Minimum 5 years diamond buying experience. Strengths in:
