Studded Jewellery Npd Executive

3 days ago

Hosur, India Titan Company Full time

**Job Requirements**

**Key Responsibilities**

1. **UDR Management & SOP Compliance**
- Arrive at weighted average base rates on the last two months’ actual diamond buying values, as per the new SOP.
- Compute and finalize UDR, ensuring accuracy and timeliness in updates.
- Incorporate UDR in vendor agreements and maintain proper documentation.

2. **Threshold Monitoring**
- Track UDR and DOM thresholds on a continuous basis.
- Maintain adherence to agreed thresholds and alert the Finance team if any deviation or breach occurs.
- Support stability in pricing by ensuring timely action on threshold breaches.

3. **Finding Sales To Outright Vendors**
- Understand requirement findings from outright vendors.
- Create sales against requirements by closely coordinating with the Warehouse team.
- Ensure the sales rates adherence as per the agreed rates.

4. **Blanket Purchase (BPA)**
- Update BPA for MTO (Make-to-Order) and NPD (New Product Development) whenever changes are identified.
- Ensure BPA changes are aligned with current vendor agreements and operational needs.

5. **Cross-Functional Coordination**
- Collaborate with Finance, Planning, SCM, NPD, and Vendor teams to ensure smooth execution of UDR and DOM processes.
- Share regular performance reports and updates with stakeholders.

**Work Experience**
- Analytical Skills: Ability to analyse buying trends, UDR data, and thresholds accurately.
- Product Knowledge: Understanding of diamonds, UDR/DOM concepts, and jewellery manufacturing processes.
- Process Knowledge: Familiarity with vendor management, supply chain processes, and SOP adherence.
- Attention to Detail: High accuracy in calculations, threshold monitoring, and documentation.
- Collaboration & Communication: Strong ability to work with cross-functional teams and communicate effectively with vendors and internal stakeholders.
- System Knowledge: Working knowledge of Oracle ERP and reporting tools preferred.

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