Jr Gemstones Buyer
4 weeks ago
Lafayette, United States
Stuller
Full time
Description The Jr Gemstones Buyer supports the Gemstones Buying and Merchandising teams with the objective of achieving continued growth, helps develop buying plans and pricing strategies, and analyzes all aspects of Stuller's gemstones inventory position.
Responsibilities:
- Collaborate with the Inventory Planning and Merchandising teams to develop buying plans and pricing strategies that maximize turns and overall profitability.
- Work with vendors to order, select and purchase loose gemstones.
- Review sales, demand forecast, and on-hand inventory to maintain a continuously current buying plan.
- Actively maintain 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.
- Arrange delivery of merchandise.
- Value and evaluate profitability of purchases, including analysis of inventory turns and GMROI
- Work with Inventory Control team to ensure accurate receipt of product.
- Assist in sourcing for special orders requests.
- Analyze excess, dated, and slow turning inventory.
- Work with Gemstones Quality Assurance team as needed to participate in gemstones grading.
- Maintain knowledge of world markets to understand industry trends.
- Establish, develop, and maintain constructive, collaborative relationships within the department and across the organization.
- Must be able to travel both domestically and internationally.
- Strong business acumen
- Gems and Gemology knowledge
- Ability to handle multiple tasks simultaneously.
- Proficiency in utilizing automated systems to access information
- Experience collaborating cross-functionally within a large organization
- Proficient in analytics to derive insights from data
- Demonstrated track record of delivering exceptional customer service
- Proficiency in Microsoft Office Suite
- Demonstrated expertise in gemstone buying
