The Diamond Purchasing Process and its Flaws
From Dirt to Distribution: The Diamond Purchasing Process and its Flaws
Gregory Greenberg
SCM 302
Sullivan University
Fall 2013
Abstract:
The diamond industry has often time been at the center of controversy due to the way that diamonds are excavated, refined and purchased. The term “blood diamond” is often applied to those stones which are mined in area’s of Africa that suffer from civil war due almost entirely to bloodshed over diamond mine rights. In response the diamond industry enacted the Kimberley Process in 2003. This process basically now requires all major diamond distributers to purchase diamonds from legitimate channels. This paper will discuss the process beginning at diamond excavation all the way to final distribution and the serious ethical issues and controversies that are hidden inside.
From Dirt to Distribution: The Diamond Purchasing Process and its Flaws In order to understand the process and appreciate the work and time that goes into diamond distribution it is best to start right off with a visual aid. The following is a step-by-step process from taking a diamond from dirt to distribution (Oriana, 2012):
ORIANA DIAMONDS (SURAT) PRODUCTION AND TECHNOLOGY
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Rough purchases Worldwide
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Oriana Diamonds Surat polish factory
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Weight Check and Sorting Varieties Head Loupe, Loupe, Lights, Scale
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Sorting by purity and shape Head Loupe, Loupe , Light, Sieves
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Separating each stone in individual packets
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Blocking 4 Auto Blocking machines (Sahajanand) and Hand Blocking
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Bruting by Machine/ Traditional Bruting 7 Ezi/Parth Bruters 1Laser Bruter
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Check Laser Cut, Clean and Weigh Loupes, Metler Scales
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Laser Cutting 4 Laser Machines (Raj, Sahaj, Photon, Sahjanand)
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Plotting/ Planning/Mapping and Label Printing 10 Sarin/Ogi Machines and GIA Software
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Cleaning and recheck
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Remapping and analyze 10 sarin/ogi and gia software
↓
Polishing star/bezele/pavilion facets 52 polishing benches
↓
Gregory Greenberg
SCM 302
Sullivan University
Fall 2013
Abstract:
The diamond industry has often time been at the center of controversy due to the way that diamonds are excavated, refined and purchased. The term “blood diamond” is often applied to those stones which are mined in area’s of Africa that suffer from civil war due almost entirely to bloodshed over diamond mine rights. In response the diamond industry enacted the Kimberley Process in 2003. This process basically now requires all major diamond distributers to purchase diamonds from legitimate channels. This paper will discuss the process beginning at diamond excavation all the way to final distribution and the serious ethical issues and controversies that are hidden inside.
From Dirt to Distribution: The Diamond Purchasing Process and its Flaws In order to understand the process and appreciate the work and time that goes into diamond distribution it is best to start right off with a visual aid. The following is a step-by-step process from taking a diamond from dirt to distribution (Oriana, 2012):
ORIANA DIAMONDS (SURAT) PRODUCTION AND TECHNOLOGY
↓
Rough purchases Worldwide
↓
Oriana Diamonds Surat polish factory
↓
Weight Check and Sorting Varieties Head Loupe, Loupe, Lights, Scale
↓
Sorting by purity and shape Head Loupe, Loupe , Light, Sieves
↓
Separating each stone in individual packets
↓
Blocking 4 Auto Blocking machines (Sahajanand) and Hand Blocking
↓
Bruting by Machine/ Traditional Bruting 7 Ezi/Parth Bruters 1Laser Bruter
↓
Check Laser Cut, Clean and Weigh Loupes, Metler Scales
↓
Laser Cutting 4 Laser Machines (Raj, Sahaj, Photon, Sahjanand)
↓
Plotting/ Planning/Mapping and Label Printing 10 Sarin/Ogi Machines and GIA Software
↓
Cleaning and recheck
↓
Remapping and analyze 10 sarin/ogi and gia software
↓
Polishing star/bezele/pavilion facets 52 polishing benches
↓
References: Brilliant Earth. (2013). The Kimberley process. Retrieved from http://www.brilliantearth.com/kimberley-process/ Brilliant Earth. (2013). Blood diamond expose. Retrieved from http://www.brilliantearth.com/blood-diamond/ Davis, H. (2013, October). Interview by G Greenberg. Diamond Engineering Co. (n.d.). Material procurement information. Retrieved from http://www.diamond-eng.co.jp/en/materials/161.html Jeweler, N. (2012, October 15). Us groups establish diamond sourcing protocol. Retrieved from http://www.nationaljeweler.com/nj/majors/a/~29750-US-groups-establish-diamond-sourcing Monczka, R., Handfield, R., Giumipero, L., & Patterson, J. (2011). Purchasing & supply chain management. (5th ed.). Mason: South-Western. Oriana, D. (2012). Rough procurement. Retrieved from http://www.orianagroup.com/index.php?option=com_content&view=article&id=51&Itemid=58 Richemont. (2013). Responsible sourcing of raw materials. Retrieved from http://www.richemont.com/corporate-social-responsibility/marketplace/supply-chain/responsible-sourcing-of-raw-materials.html Scott, M. (2013, March 19). Diamonds are bullshit. Retrieved from http://blog.priceonomics.com/post/45768546804/diamonds-are-bullshit