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Gemstone Acquisition Analyst - Buying

Tiffany & Co.
New York City, United Statesfull_timeVerifiedPosted 16 Jan 2025
💰 $82,500/yr($70,125/yr$82,500/yr)

About the role

The Gemstone Acquisition Analyst - Buying, will contribute in the responsible procurement of gemstones while ensuring that quality parameters are established and maintained with a strong focus on Product Development. They will have strong project management skill sets and will collaborate with cross functional departments to manage product development projects. The analyst will serve as a subject matter expert on projects involving gemstones with cross functional partners. They will also support Management in all special projects and department goals.

Key Accountabilities

Procurement

  • Collaborate with Management on the responsible procurement of gemstones against demand, supplier communication and pricing for assigned categories as per business needs
  • Review, manage and communicate procurement changes in priorities and scope to cross functional teams such as, Product Development
  • Ensure data integrity is sustained throughout and upon completion of procurement process
  • Collaborate with Gemstone Grading Lab and Operations to ensure elimination of bottlenecks and improve flow of gemstones and work throughout the department
  • Partner with Sr Analysts and Management to monitor and communicate priority orders to grading and ensure all gemological needs are met
  • Ensure the timely processing of payments to suppliers and address issues with management
  • Align all procurement responsibilities while maintaining Inventory Accuracy
  • Support Management in all aspects of Responsible Sourcing and Sustainability for GA
  • Maintain clean and orderly work area (6S). Assist in maintaining the security and safety of GA

Product Development

  • Partner with Management to research and facilitate product development projects to completion
  • Ensure that set product samples meet product parameters by accurately assessing samples
  • Provide buying support to management on the procurement of stones as needed for launch
  • Propose innovative solutions to project-related problems and obstacles 30%
  • Develop and maintain Product Style Sheets upon completion of projects to provide graders with reference material to inspect incoming stones
  • Partner with Grading team to provide guidance on grading parameters for new product
  • Complete sign-offs in a timely fashion.

Gemological Expertise

  • Initiate call outs to procured gemstone/pearls in order to maintain feedback of product with cross functional teams
  • Maintain gemological knowledge of industry trends, availability, treatments and gemstone developments
  • Interpret complex design requests in conjunction with the Tiffany & Co. parameters to provide gemstone re-cutting recommendations or replacement requirements, maintaining design integrity and cost
  • Support overall Grading goals across all gemstone categories

Complies with safety and security operating procedures as described by the manager and through safety training programs. Reports safety and security-related observations and incidents to the manager.

Required Qualifications

  • Excellent verbal and written communication skills with the ability to effectively interact with multiple staff and management levels
  • Creative and analytical skills
  • Ability to think strategically and independently to implement steps to achieve goals
  • Strong interpersonal skills and demonstrated partnership
  • Must be familiar with practices and procedures in a grading lab environment
  • Proficiency utilizing J.D. Edwards, MS programs such as Excel and Word
  • Ability to photograph stones
  • Compliance with all company policies & procedures including but not limited to safety, confidentiality, security, attendance
  • Must be flexible to adapt to changing priorities and willing to change responsibilities within the Department as needed by the business
  • Knowledge of all grading laboratory equipment such as microscope, loupe, Sarin Machine, leverage gauge, Melee scope

Preferred Qualifications

  • Graduate Gemologist Degree 

The hiring range for this position ranges from $70,125.00 - $82,500.00. The rate of pay offered will be dependent upon candidates’ relevant skills and experience.

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Company

Tiffany & Co.

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