Job Description – Senior Merchandiser

Company: Ethera Diamonds
Location: Bengaluru 
Department: Merchandising & Product Development
Experience: 5–10 Years
Industry: Diamond & Fine Jewellery

About the Role

Ethera Diamonds is seeking an experienced and detail-orientated senior merchandiser to lead merchandise planning, product development, inventory optimization, and vendor management for our diamond and fine jewelry collections. The ideal candidate should have strong experience in the jewelry industry and a proven track record of managing product categories, forecasting demand, and driving business growth through strategic merchandising initiatives.

Key Responsibilities

Merchandise Planning & Category Management

• Develop and execute merchandising strategies to maximize sales and profitability.
• Manage product categories including diamond rings, earrings, pendants, bracelets, and bridal collections.
• Analyze category performance and recommend assortment improvements.
• Plan seasonal and new product launches based on market demand and business objectives.

Data Analysis & Inventory Management

• Analyze sales, inventory, and customer demand trends.
• Monitor stock levels and optimize inventory turnover.
• Generate and maintain reports on sales performance, stock aging, and product movement.
• Forecast demand and recommend replenishment plans.

Product Development

• Collaborate with design and production teams to develop new jewelry collections.
• Identify emerging market trends and customer preferences.
• Participate in product selection, assortment planning, and pricing strategies.
• Ensure product offerings align with brand positioning and customer expectations.

Buying & Procurement

• Plan and manage procurement of diamond and jewelry products.
• Determine purchase quantities based on sales forecasts and inventory requirements.
• Coordinate with suppliers to ensure timely product availability.
• Monitor procurement costs and optimize margins.

Vendor Management

• Build and maintain strong relationships with manufacturers, diamond suppliers, and jewelry vendors.
• Negotiate pricing, delivery timelines, and quality standards.
• Track production schedules and ensure timely deliveries.
• Resolve vendor-related issues and maintain service quality standards.

Cross-Functional Coordination

• Work closely with Design, Production, Sales, Marketing, and Operations teams.
• Support product launches and promotional campaigns.
• Ensure smooth communication between internal stakeholders and external partners.

Required Skills

• Merchandise Planning
• Category Management
• Inventory Management
• Demand Forecasting
• Product Development
• Buying & Procurement
• Vendor Management
• Sales & Data Analysis
• Advanced Microsoft Excel (Pivot Tables, VLOOKUP/XLOOKUP, Reporting)
• Market Research & Trend Analysis
• Strong Negotiation & Communication Skills

Preferred Qualifications

• Bachelor's Degree in Fashion, Jewelry Design, Merchandising, Business, or related field.
• Experience in Diamond, Gold, Luxury Jewellery, or Fine Jewellery industry.
• Prior experience with brands such as CaratLane, Tanishq, Bluestone, GIVA, Candere, ORRA, TBZ, Malabar Gold, or similar organizations will be preferred.

What We're Looking For

• Strong understanding of the jewelry market and customer buying behavior.
• Analytical mindset with the ability to make data-driven decisions.
• Excellent vendor management and stakeholder coordination skills.
• Ability to manage multiple product categories and projects simultaneously.
• Passion for jewelry, fashion trends, and product innovation.