speaker-photo

Dr. Gaetano Cavalieri PhD

President, CIBJO

One of the most prominent leaders in the international jewellery industry today, Dr. Gaetano Cavalieri has served for more than 20 years as president of CIBJO, The World Jewellery Confederation. Uniting national jewellery and gemstone associations from more than 40 countries around the world, and also includes many of the industry’s major international corporations and international representative associations, CIBJO is the industry’s oldest international organization in jewellery sector, having originally been established in 1926. It covers the entire jewellery, gemstone and precious metals sectors vertically, from mine to marketplace, and horizontally within each of the component sectors in the various production, manufacturing and trading centres.

09:00 – 09:45

Friday 17th Feb

Keynote: Gaetano Cavalieri - The Challenge of Supply Chain Transparency: Seeking Clarity in an Opaque Environment

More than any other sector in the jewellery industry, coloured stones present a set of inherent challenges that are difficult to overcome. Upward of 80 percent of rough stone production is in the hands of artisanal miners, unlike diamonds and precious metals where major producers own or control most of the output. Furthermore, many of the artisanal miners operate in under-developed economies, where the ability to track the movement of merchandise is limited, if it exists at all. The opacity is further clouded in the midstream, where small and medium-sized traders are dominant, and merchandise typically changes hands multiple times before making its way downstream.

However, end consumers are typically unimpressed by the objective difficulties that the coloured stone sector faces, and disregarding their demand for more transparent supply chains carries with it a high degree of risk. The solution to the problem comes with setting reasonable expectations, accepting that under current conditions full traceability is not possible in most cases, but transparency is, on condition that all players in the supply chain can carry outreasonable due diligence. There also are a growing number of technological solutions.