Kapil Naryani

[email protected] +66818675702 Thailand

PROFESSIONAL SUMMARY

GIA Applied Jewelry Professional (GIA AJP) and passionate leader with unparalleled, multi-functional experience & contribution in the fields of Jewelry Manufacturing, Gemstone Procurement & Buying across diverse geographies, complemented by strong People Management and Operational Expertise. Proven success in large-scale Production Management in the Jewelry domain, while ensuring design integrity, high quality, cost-effectiveness, timely delivery, customer satisfaction, and competitiveness in an ever-evolving, global landscape. Focused on optimum utilization of resources to drive cost control and bottom-line growth. Exposure in leading high-end Gold Jewelry production & related operations. Enterprising Leader with strong business acumen to mentor and motivate globally distributed, multi-cultural teams towards peak performances, innovation, and sustainability, while clocking in manifold growth and high profit margins. Leveraged extensive industry knowledge and experience in driving novelty in designs, gem-cutting techniques, and new product development. Thought Leader, known for questioning the status quo at various levels and steering shift in approach, nurturing insights, and enabling capabilities. Accomplished Gemstone Buyer with proven domain expertise in establishing and managing Supply Chain for Gemstones, Rough Stones, and other raw materials with emphasis on strategic sourcing of high-quality products, detailed negotiations with vendors, and robust vendor base to ensure production continuity. Built and maintained strong relationships with international gemstone suppliers, and visited mines and gem-cutting facilities to ensure ethical sourcing. Highly effective in analyzing market data to forecast gemstone price trends, ensuring cost-effective buying strategies. Exceptional skills in implementing Inventory Management systems to optimize the gemstone & materials supply chain and ensure appropriate stock levels and minimal wastage.

WORK EXPERIENCE

Gemstone Buying and Inventory Dept. Manager
01/2023 - Present
BBJ Bangkok Ltd. | Branch Office of Jewelry Television JTV.com , Bangkok, Thailand
Currently spearheading the Gemstone and Rough Buying Team, Gemstone Action Team, and a part of the Order Management Team
Managing gemstone orders for jewelry, including both local and overseas subcontract jewelry factories
Leading the Purchase function for gemstones & rough materials from local & international vendors, while maintaining margins and profits
Maintaining an optimum stock of stones, particularly melee sizes for wax setting, and monitoring stock levels for timely reordering; keeping a minimum stock level of rough material to ensure continuous production
Preventing stone inventory buildup by ensuring the sale of excess stones to factories for conversion into jewelry samples
Ensuring the stone POs are issued and order is placed timely, for the unavailable stones
Administering the yield from rough stones being cut for orders, ensuring accurate recording of rough consumption and proper planning for future rough purchases
Making sure all local purchases are recorded accurately, with original tax invoices obtained by the month-end
Aligning stone supply schedules with jewelry ETA and addressing any challenges through team meetings
Prioritizing & ensuring high customer satisfaction by meeting expected delivery timelines (ETA)
Conducting random stone testing to ensure compliance with trade regulations for jewelry orders
Steering the purchase of stones and managing the process of sending the same overseas for CVD coating at specialized laboratories
Collaborating with the team to monitor & ensure timely delivery of stone to Jewelry factories & Branch offices and resolve issues (if any)
Jewelry Factory Manager
01/2021 - 12/2022
Gemopolis , Bangkok, Thailand
Entrusted with the complete responsibility of a new project: Silver Jewelry Manufacturing Unit in Gemopolis, Bangkok
Led end-to-end project from inception to smooth JV operations (12 Months) to acquisition by BBJ Bangkok Limited
Pivotal in strategically leading the assignment to success, with the following deliverables/highlights:
Production Planning and Scheduling: Production Schedules | Raw Material Planning
Quality Control: Quality Standards | Consistency And Adherence to specifications | Defect Resolution
Inventory & Resource Management: Optimum Stock & Utilization of raw materials, tools, finished products | Equipment Maintenance
Team Leadership: Team Management & Mentoring | Safety Protocol Training | Collaborative Environment
Compliance and Safety: Compliance with legal, environmental, and safety regulations | Safety Audits & Risk Assessments
Cost Management: Production Budgeting & Cost | Cost Control Initiatives | Financial Analysis
Cross-functional Collaboration: Design, Procurement, Sales Teams | Internal Communication | Innovation & Product Development
Process Optimization: Initiatives for efficiency, productivity, cost-effectiveness, waste reduction | Alignment with Industry Trends
Reporting and Documentation: Detailed records of production activities | Production Performance reports | Management Reporting
Problem-Solving and Decision-Making: Addressing Production Issues & Challenges | RCA | Solution Implementation
Gemstone Buyer and Inventory Manager
01/2009 - 12/2020
BBJ Bangkok Ltd. | Branch Office of Jewelry Television JTV.com , Bangkok, Thailand
Orchestrated the establishment of the entire Supply Chain Ecosystem and Vendor Base and grew through a series of milestones: Relocation of Asia Sourcing HQ to Bangkok and Set-up of own factory in Gemopolis, Bangkok
Instrumental in providing strategic leadership in steering multiple functions/operations for the organization. Key contributions:
Established Gemstones Procurement and Inventory Department from ground zero and defined the organizational structure with the entire hierarchy of people
Organized Inventory in ABC categories, while maintaining a rhythm through strategic and operational changes
Managed & organized physical inventory in safe trays with a focus on product safety & easy accessibility
Eliminated the listing of sub-standard products in inventory
Defined and implemented robust SOPs across teams to ensure effective execution and clarity
Drove and supported the Sales Team in pursuing key items, thereby growing sales
Collaborated with the Product Development Team to drive the development of innovative & creative box sets
Ensured 100% on-time Jewelry delivery through strategic planning for processing/outsourcing
Prioritized the orders as required to ensure a high level of customer satisfaction
Led the Style Out Presentation with a focus on growing sales both for Gemstone and Jewelry covering new lines of business, and new batches of samples on a regular basis
Directed the Rough Stone Management Process which entailed procurement of rough stones & preforms, while ensuring accurate monthly accounting and inventory management of rough stones
Led Specialty Cuts Development by acquiring expertise in precision cutting techniques and driving innovation in the development of new, competitive cut designs
Instituted Global Cutting Centers and managed their operations in key locations such as India and China
Focused on Cost, Quality, and Yield Optimization by implementing industry best practices and technological advancements:
Maintained high-quality standards from the very first stage to control/reduce product costs due to wastage
Ensured effective monitoring of processes to enhance the efficiency of lapidaries, thereby optimizing yield & inventory utilization
Key contributions in Product Development, including the following:
Developed new stone cuts, supported by detailed images and videos
Created stone-packed products accompanied by romance cards and designed & produced stone education sets
Managed the Product Costing and Information, with a focus on the mandates as under:
Developed guidelines and price sheets for Stone Buying and Selling as well as prepared, maintained & updated a comprehensive gemstone weight chart
Established grading standards and quality sets for gemstones and shared the same with the Head Office
Gemstone Procurement Manager
01/2005 - 12/2007
Vaibhav Global Limited (Formerly known as STS Group) , Hongkong & China offices
Entrusted with the entire operations for gemstone purchases
Contributed as the Head for all purchasing units of gemstones, gold chains, and gold findings in the Hong Kong and China offices
Played a key role in almost every new venture that the company started
Learned new skills and established a strong industry network with a diverse set of professionals, during the journey
Promoted to the post of Gemstone Procurement Manager and acknowledged for thorough knowledge and exposure to gemstones
Directed the buying process of precious & semi-precious gemstones and rough stones to fulfill jewelry production schedules
Drove the team to consistently meet quality and price requirements based on the jewelry commitments from the marketing department
Leveraged extensive knowledge of gemstone cutting and strategic industry contacts with gemstone manufacturers to successfully fulfill jewelry orders without building up high levels of gemstone inventory
Traveled to Australia and Russia to establish resilient sources of gemstones for the company
Gold Jewelry Production Department Lead
01/2001 - 12/2005
Vaibhav Global Limited (Formerly known as STS Group) , Thailand
Led the entire high-end Gold jewelry production department at STS Gems Thailand Ltd. (with over 70 skilled jewelry craftsmen and a team of extremely talented designers)
Shouldered responsibility for the procurement of rough Opal and additionally, managed the stone cutting unit
Managed the production process of high-end Opal inlay jewelry completely; this unit was the first in Thailand to produce Opal inlay jewelry and remains the market leader by consistently meeting market quality standards
(This unit provided products to the premium jewelry market in the US and Europe. STS Jewels NY had direct contacts with leading fashion houses and luxury cruises in the US)
Gemstone Inventory Control and Cutting Operations Manager
01/2000 - 12/2001
Vaibhav Global Limited (Formerly known as STS Group) , China
Managed the entire gemstone inventory control and cutting operation of STS Gems Ltd. in China, independently
As the central source for gemstones, provided gemstones required by all STS Group operations worldwide
Acted as In-charge of the gemstone cutting section, leveraging the thorough knowledge of gemstone and production
Direct Selling and Store Manager
01/1998 - 12/2000
Vaibhav Global Limited (Formerly known as STS Group) , Middle East (Dubai, Sharjah, Kuwait, Bahrain, Saudi Arabia)
Gained firsthand experience in direct selling of high-end diamond jewelry in the Middle East (Dubai, Sharjah, Kuwait, Bahrain, and Saudi Arabia)
Entrusted with the management of the chain of jewelry stores all over the Middle East
Contributed to shop sales; merchandise procurement, inventory control, and product development
Studied actual buyer trends and provided useful inputs to jewelry production centers, spanning various countries in Asia
Gemstone and Jewelry Manufacturing Trainee
01/1996 - 12/1998
VGL Vaibhav Global Limited (Formerly known as Vaibhav Gems Limited) , India
Gained experience in all aspects of gemstones, right from the purchase of rough gems, various heat treatments, and finally gemstone cutting and placement in jewelry
Learned about various processes of Jewelry manufacturing

EDUCATION

GIA Applied Jewelry Professional (GIA AJP)
Gemological Institute of America

SKILLS

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