Full-Time
Director – Product Development and Merchandising
Posted on 8/26/2024
Diamond Foundry
201-500 employees
Produces single crystal diamond wafers for technology
Compensation Overview
$130k - $170kAnnually
Expert
New York, NY, USA
Hybrid position based in New York, NY.
You match the following Diamond Foundry's candidate preferences
Employers are more likely to interview you if you match these preferences:
- A minimum of +10 years of hands-on experience in product development within the fine jewelry industry, including familiarity with made-to-order and drop-ship business models.
- Demonstrated ability to creatively and strategically lead projects from concept to production successfully, with a portfolio showcasing successful fine jewelry launches.
- Extensive knowledge of category mgt, jewelry design, gemology and materials.
- Exceptional leadership skills, with a passion for mentoring teams and fostering collaboration across departments.
- Excellent communication skills, capable of effectively liaising with designers, merchandisers, suppliers, and craftsmen.
- Develop and implement an elevated product and assortment strategy, benchmarking against top jewelry brands and aligning with market trends, inventory, and company goals.
- Manage the entire product development process, from CAD design and prototyping to final sample approval, ensuring timely delivery and alignment with development calendars.
- Act as the central communication hub between design, merchandising, and production teams, ensuring seamless execution of product concepts and launches.
- Conduct competitive and consumer demand analysis to inform product forecasts, pricing strategies, and roadmap development, ensuring the brand’s competitive edge.
- Present data-driven insights and strategies to executive leadership, while training internal teams and partners to ensure cohesive and successful product launches.
Diamond Foundry specializes in creating single crystal diamond wafers that are essential for improving the performance of technologies in fields like artificial intelligence, electric vehicles, and wireless communication. These wafers help manage heat effectively, which is crucial for the efficiency of these advanced technologies. The company sells its products primarily to other businesses, including major automotive manufacturers and tech companies, focusing on providing components that enhance their operations. What sets Diamond Foundry apart from its competitors is its commitment to sustainability, as its diamond wafers are produced with a zero carbon footprint, making them not only efficient but also environmentally friendly. The goal of Diamond Foundry is to lead in both technological advancements and sustainable practices in the semiconductor industry.
Company Stage
Debt Financing
Total Funding
$306.4M
Headquarters
San Francisco, California
Founded
2012
6 month growth
↑ 0%1 year growth
↑ 1%2 year growth
↓ -1%
Simplify's Take
What believers are saying
- Lab-grown diamonds require ten times less energy than mined diamonds, boosting sustainability.
- Expansion into Spain and Germany increases production capacity and market presence.
- Partnerships with high-profile brands enhance visibility and credibility in luxury markets.
What critics are saying
- Increased competition from other lab-grown diamond producers may impact market share.
- Consumer confusion from misleading natural diamond marketing could affect sales.
- Integration challenges from the Audiatec acquisition may disrupt operations.
What makes Diamond Foundry unique
- Proprietary technology enables zero-emission diamond production, reducing environmental impact significantly.
- Single crystal diamond wafers enhance performance in AI, EVs, and wireless communication.
- VRAI brand offers direct-to-consumer luxury diamond jewelry, enhancing market reach.
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Benefits
Health Insurance
401(k) Retirement Plan
Life Insurance
Disability Insurance
Unlimited Paid Time Off
Paid Vacation
Employee Discounts