Strategic Procurement Specialist

6 days ago

tamil nadu, India beBeePurchasing Full time

Purchasing Executive Role DescriptionKey responsibilities include managing procurement operations, ensuring timely and cost-effective delivery of high-quality products.Procurement Operations:Identify purchase requirements based on stock levels and sales trends, coordinate with vendors for timelines, delivery, and order status.Raise and manage purchase orders (PO) to ensure compliance with quality parameters and design standards.Handle customized order requirements in coordination with the design team.Vendor Management:Develop and maintain strong relationships with suppliers and manufacturers, negotiate rates and terms.Evaluate vendor performance based on quality, delivery, pricing, and reliability.Manage vendor meetings, sample approvals, and annual contracts.Quality & Compliance:Ensure all incoming jewelry meets QC/QA standards, verify hallmarking, weight tolerance, diamond certification, and finishing.Coordinate with QC and hallmarking teams for testing and certification.Manage returns, rework, and discrepancies with vendors.Inventory & Stock Management:Monitor stock levels, fast-moving and slow-moving items, plan replenishment based on season, festivals, and sales patterns.Coordinate with operations for barcode creation and stock entry.Analyze purchase and stock ageing reports for decision-making.Market & Trend Analysis:Track gold and diamond rate fluctuations, study market trends, customer preferences, and competitor products.Recommend new designs or product categories for assortment enhancement.Reporting & Documentation:Maintain purchase reports, GRN data, and vendor statements.Submit weekly/monthly purchase summaries.Update ERP / stock management systems regularly.Support finance and accounts teams for vendor payment processing.Key Requirements:Strong analytical and problem-solving skills.Excellent communication and interpersonal skills.Ability to work in a fast-paced environment and meet deadlines.Proficiency in MS Office and ERP systems.Benefits:Competitive salary and benefits package.Opportunities for career growth and professional development.A dynamic and supportive work environment.

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