Jewellery Buyer

Job description

Location- Bangalore Job Title: Senior Jewellery Buyer As a Jewellery Buyer, you will be responsible for sourcing, selecting, and purchasing jewellery products. Your role will involve collaborating with suppliers, analysing market trends, negotiating pricing and contracts, and ensuring the availability of a diverse and appealing jewellery collection to meet customer demands and maximize sales. Key Responsibilities: 1) Supplier Management:  Identify and establish relationships with reliable and reputable jewellery suppliers, manufacturers, and wholesalers.  Conduct supplier evaluations, including assessing their product quality, reliability, and ethical practices.  Negotiate pricing, terms, and contracts with suppliers to ensure competitive pricing and favourable conditions. 2) Market Research and Trend Analysis:  Stay updated on current jewellery market trends, including popular designs, materials, and styles.  Analyse consumer preferences, demands, and purchasing patterns to identify opportunities for product assortment improvement.  Conduct market research to identify emerging trends and potential suppliers to stay ahead of competitors. 3) Product Selection and Assortment Planning:  Collaborate with suppliers and designers to curate a diverse and appealing jewellery collection that meets customer preferences.  Evaluate and select jewellery products based on quality, design aesthetics, market demand, and pricing.  Ensure the assortment includes a range of price points and styles to cater to diƯerent customer segments. 4) Pricing and Margin Management:  Determine pricing strategies that balance profitability with market competitiveness.