Our charge is to render and manage a rough and polished diamond supply chain that ensures security and optimum operations as per our client needs. That means, among other things, the need to have developed viable relationships based on trust with our all parties/partners. Understanding that we have to maintain the required quantity and quality flow of rough diamonds. We provide purchase platforms for rough and polished diamonds for our clients worldwide. Our platforms include government-owned enterprises, private companies and Affluential Individuals around the world.
We are always looking to create a new relationship with a new supplier(s) of rough and polished for our clients and our tenders in Dubai and Guangzhou. We want to be able to provide and manage a supply chain that ensures optimum operation as per our needs. That means, among other things, ensuring we have suppliers that maintain the desired quality, flow of product and are engaged in ethical business practices. By engaging multiple suppliers, we can drastically increase sales and ultimately customer satisfaction.
Polished diamonds is a general term for diamonds that have undergone processing, without any bond to their size, shape or any other feature. Polished diamonds, which are graded according to four criteria, are sold to retailers and customers. India is currently the world’s largest polishing centre, while China, which has made giant steps in this area in the last two decades, is the second-largest diamond polishing centre. In both countries, we have reputable partners who have been in business for generations past. We also retain valuable partnerships with Israel, which is a global centre for special cuts such as Princess, marquise, oval and others. These cuts demand high-level skill, which the Israeli polishers are well known for the last few decades.
Stages in Diamond Cutting
If you are a newbie and looking on learning a few things this will be is very important. First, diamond cutters examine the rough stone, its internal and external construct, and decide how to maintain as much carat weight and quality from the rough as possible. The diamond is examined by an expert gemologist and expert cutters. It is also possible to scan the diamond in specialized software to decide between several possible cuts. This has been the most common practice in the last few years.
In regards to tenders, we have set tender platforms in the United Arab Emirates (Dubai) through the Dubai Multi Commodity Centre (DMCC), Miami (USA), and a working relationship with the Guangzhou Diamond Exchange. We sort out sort diamonds into parcels that are homogenous in terms of characteristics such as size, quality, and colour. We then invite buyers are invited to view the diamonds for sale and evaluate what they believe to be the appropriate price for each parcel. Rather than the producer determining the price of each assortment, here the buyer’s bid for individual parcels and the nature of such we sell to the highest bidder.
We also invite Producers to sell diamonds through the auction platform. Our auctions are similar to tenders, though the bidding process is more sophisticated. Diamond auctions work much like auctions for precious art or collectables, where interested buyers place incrementally higher bids until a single buyer remains a quite normal feat in this regard. We also facilitate private sales. From the buyers’ perspective the means that we are getting specifics of what’s needed and examining available lots for the specific purchase and provide accordingly. From the seller’s perspective, this entails that we are given a lot/stone and offering it to some of our reputable buyers thus completing the transaction in the usual manner.