While the full reach and impact of COVID-19 has yet to become clear, the pandemic has had a significant impact on the diamond industry as a whole. These challenges come from two directions. There’s been a dramatic drop in consumer demand, due to the economic uncertainty associated with stay at home orders. Second, the pandemic has caused supply chain interruptions worldwide, most especially in China, India and Israel.
What does this mean to the jewelry manufacturer and retailer, particularly as it applies to melee diamonds?
The first point we’d like to address is supply chain stability. While the pandemic is certainly unique, it’s not the first challenging time Grunberger Diamonds has been through. We have offices all around the world and have procedures in place to ensure that you can get our exceptional Ideal Cut melee diamonds in the quality and quantities you require. Whether you need to create a single stunning engagement ring or do an entire production run, we’ve got you covered.
During times like these, cash flow can be a challenge. Many manufacturers and custom jewelers prefer not to hold as much melee diamond inventory as they may otherwise choose to. However, it’s also important to be able to respond quickly to customer requests. Being put on pause has not made anyone more patient. For that reason, we are currently shipping all orders within 2 business days so you can say yes to short deadline projects.