Responsibilities will include:

- Handling purchase of raw materials and finished goods.
- Maintaining purchase records in excel.
- Assisting with accounting entries related to purchase.
- Source and procure gold, diamonds, gemstones, silver, and jewellery accessories from approved vendors.
- Obtain quotations, compare prices, and negotiate the best quality and rates.
- Create and process Purchase Orders (POs) and ensure timely deliveries.
- Maintain relationships with suppliers and evaluate vendor performance.
- Coordinate with production, inventory, merchandising, and finance teams.
- Monitor stock levels and replenish materials to avoid shortages.
- Verify the quality, weight, purity, and specifications of purchased materials.
- Ensure compliance with company policies and jewellery industry standards.
- Maintain purchase records, invoices, and documentation.
- Analyze market trends and fluctuations in gold, diamond, and precious metal prices.
- Manage inventory costs and support cost-saving initiatives.




- Resolve supplier issues related to quality, quantity, or delivery delay.

Key Skills and Scope of Work

- Vendor Management
- Purchase & Procurement
- Negotiation Skills
- Inventory Management
- Cost Analysis
- Supply Chain Coordination
- MS Excel & ERP Software (SAP, Oracle, Tally, or Jewellery ERP)
- Documentation & Reporting
- Communication & Teamwork
- Time Management
- Attention to Detail
- Knowledge of gold, diamonds, gemstones, and jewellery manufacturing
- Manage the end-to-end procurement process for jewellery raw materials and finished products.
- Ensure uninterrupted supply for production and retail operations.
- Maintain cost-effective purchasing while ensuring quality standards.
- Build long-term supplier partnerships.
- Support business growth through effective procurement planning and inventory control.

Pay: ₹10,853.33 - ₹37,332.17 per month

Work Location: In person

📌 Purchase Executive (India)
🏢 Ranka Jewellers
📍 India