$20M+ of certified natural diamonds bought for program order
Our partnership has been a huge success. Liquid Diamonds has delivered over $20M worth of certified natural diamonds to this jewelry manufacturer for this big-box retailers’ program order. We have become the de-facto buyer for this program in India – where diamond manufacturers rely on our QC team to know market prices for this order, enabling our client to control the market on diamonds that fit this program order.
Protecting Margins: Using our reverse auction platform and by sourcing for a multitude of suppliers, we are able to buy a large quantity of diamonds without moving the market and therefore protecting the jewelry manufacturer's margins. Also, by spreading the purchase over a period of time, we ensure that we are not overheating the category.
QC and Delivery Process: Our QC team physically inspected each diamond based on the specific requirements of the order and gave a third-party approval. We also consolidated the stones from multiple suppliers into a single shipment, and provided a single window for payment, delivery, and returns. Our partnership has enabled the jewelry manufacturer to streamline their diamond sourcing process and reduce their overhead costs.
We are proud to have played a pivotal role in helping our client succeed in this program order as we continue to support them in their diamond sourcing needs. If you are a diamond wholesaler looking to streamline your sourcing process and access the long tail of supply, get in touch with Liquid Diamonds today!