Sameer Ahmed Email & Phone Number

Capital Governorate, Bahrain

Bahrain

→DIAMOND / GEM STONES PROCUREMENT AND JEWELLERY PURCHASE:Managing the Diamonds/ Gemstone and Jewellery sourcing process and entering into effective negotiation with regards to buying terms with vendors (price, margin, quantity, delivery terms)Introducing to new Diamond (Sight holder/Traders) and Jewellery manufacturer to the companyEffectively managing the diamond grading process, ensuring consistent adherence to all governing guidelines and proceduresAccountable for driving profitability of the Diamond sales through best deals whilst and ensuring the Implementation of an effective distribution strategy.→DIAMOND DIVISION AND TREASURY FUNCTIONS:Minimizing work pressure and increasing productivity through reforming the administration work within the division and by motivatingKeeping vigilance on Diamond assortments, shipments, QC & Job works giving to overseas suppliersRevaluation of Diamonds and Jewellery and booking the P&L a/c in the respective accountThoroughly examine, evaluate, and grade merchandise as needed. Also sending the diamonds referrals for CVD detection.Executing daily tasks such as order fulfillment, shipping and customs, receiving and replenishment, and transferring merchandise→INVENTORY MANAGEMENTMaintaining inventory report of Gemstones lend to overseas suppliers for the Jewellery manufacturing.Effectively managing the open-to-buy (OTB) monthly & yearly projection processes, ensuing consistent adherence to key product metrics, incorporating inventory turnover Maintaining the stock of diamonds in order to keep the Factory production smooth and adequate.Maintaining the finished Diamonds and Jewellery stock to the lowest level in order to regulate the inventory holding costWorking attentively on order of Royals/VVIP and VIP's and to use stock from boutiques and current inventoryMonitoring and reconciling merchandise inventory, using reports and systems to assess inventory accuracy, report discrepancies to managementCONCLUDING*↓

Bahrain

*→PRODUCT DEVELOPMENT:Studying and presenting report to the top management on the newly launched brands, collections & designs and proposing accordingly the approaching seasonal products based on trends & etcUnderstanding the basic components that drive business; POS analysis and competitor’s positioningMaintaining database of collections based on their Performance & Customer reviews etcDeveloping product strategies and assortment plans, resulting in programs that will maximize sales, increase internal profit, and support overall brand positioningAdditionally responsible for managing and selecting all category and sub-category merchandise dynamics→PRODUCTION PLANNING & MERCHANDISING:Planning monthly order as per Stock turnover ratio, Inventory levels & Product gapSharing planning knowledge and experience with outside groups, and support process change, including the new Integrated Business Planning and Demand Review processes, to improve efficiencies and add value to the businessDeveloping, analyzing, and continually executing a financial plan aligned with corporate strategies and KPIs in regards to productionEngaging in solution-based communication that ensures business needs are met→REPORT ANALYSIS, PLANNING & COSTING:Finalizing bulk diamond deals by analyzing physical goods & determining technical feasibility in various aspectsMaintaining an up-to-date forecast and purchase plan for all new products and report on sales trends and inventory status upon launch to maximize sales, while minimizing inventory liabilitiesIdentifying opportunities that minimize financial risk and maximize the return on investment as it pertains to new productAveraging prices in order to keep the product cost invariable and competitiveIdentifying and understanding business strategy, issues and opportunities to assist business partners in Identifying and prioritizing new initiatives and capabilitiesIdentify and share trends, sales opportunities, and inventory risks

Jlt, Dubai

 Product development: Given presentations to CEO and Retail Manager on new retail launch and sensational products Communicated with the suppliers on designs & new development of Jewellery to give more artistic feel to product. Planned & took decisions on initiation of new collections for seasonal promotions.  Stock Management: Arranged goods on immediate basis whenever there is shortage in stores. Balanced the diamond & gold supplies to factories in order to make the most of production. Visits factory manager for discussing on new project and available stock. Supplier Interactions: Met new Jewellery & loose Diamond suppliers. Dealt directly with suppliers on exclusive Jewellery & semi exclusive watches purchase. Purchased certified & loose Diamonds for stock & upon customer requirement. Interacted on all major queries regarding diamond deal & orders. Inventory controller & diamond procurement: Kept track of diamonds borrowed by suppliers for the production of Jewellery. Handled stock & sales of Diamond and updating them in Rapnet. Procured of diamonds against monthly orders requirement & responsible for getting it assorted as per company’s quality standard & managing the inventory later. Diamond Division Supervision: Supervised team responsible for the activity of Diamond division Kept vigilance on Diamond assortments, shipments, QC & Job works giving to local suppliers  Technical analyst: Finalized bulk diamond deals by analyzing physical goods & determined technical feasibility in various aspects with regards to manufacturing. Studied higher management reports like MIS, Stock, Purchase, Sales analysis etc…. Miscellaneous: Consulted in forex & commodity trading on market patterns Graded diamonds & evaluating their prices Coordinated with Diamond labs for Jewellery & Diamond certification

Gold Land, Dubai ( Uae )

Key Resposibilities: Handled SalesInventory ControlCustomer ServiceGemmologist and Diamond grader

Mumbai, India

Key reposibilities:Graded Diamonds and Color stonesIdentifying color stonesHandled diamonds stock

11 -12, Bachelor Of Science (Bsc), Physics

Activities and Societies: Science Projects, Annual day function etc....

Hsc