Jewelry Procurement Specialist

22 hours ago

Salem, Tamil Nadu, India beBeePurchase Full time ₹ 30,00,000 - ₹ 50,00,000

Procurement Expert Wanted

About the Role: We are seeking an experienced Purchase Manager to lead our procurement and sourcing function across all jewelry product categories.

Key Responsibilities:
- Lead the purchase and procurement function for all jewelry categories, including Gold, Silver, Diamond Jewelry, and Platinum Jewelry.
- Drive vendor identification, development, and management, ensuring access to the best suppliers across categories.
- Manage staff and cross-functional teams within the purchase department, ensuring high productivity, accountability, and adherence to company goals.
- Negotiate effectively with suppliers to achieve optimal pricing, favorable credit terms, and best-in-class quality standards.
- Ensure compliance with industry regulations, hallmarking, certifications, and internal audit requirements.
- Collaborate with supply chain and operations teams to ensure accurate inventory planning, timely procurement, and smooth distribution across retail outlets and warehouses.
- Develop and execute strategies for bulk procurement while minimizing risks associated with cost fluctuations, availability, and vendor dependency.
- Maintain long-term vendor partnerships while ensuring competitive advantages in cost, quality, and delivery timelines.
- Stay updated with market trends in raw materials, gemstones, and jewelry categories to make proactive purchase decisions.
- Introduce automation, digital tools, and process improvements to enhance procurement efficiency.

Desired Candidate Profile:
- Experience: Minimum 10+ years of proven experience in purchase & procurement within the jewelry industry.
- Strong leadership skills in staff management, vendor development, and product sourcing.
- Excellent negotiation, communication, and stakeholder management skills.
- Ability to balance cost optimization with quality and delivery requirements.
- Knowledge of hallmarking, certifications, and jewelry-specific compliance processes.
- Hands-on experience in supply chain management and inventory planning.
- Proficiency in handling bulk procurement and vendor relationship management.

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