- Handle day-to-day purchase of gold jewellery, bullion, silver, diamonds, gemstones and jewellery components as required.

- Coordinate with goldsmiths, manufacturers, wholesalers and jewellery suppliers for quotations, orders and deliveries.

- Have practical knowledge of gold purity, karatage (22K, 18K, 14K), hallmarking and fineness.

- Understand the gold melting process, including melting of old/unused jewellery, recovery of gold and basic melting calculations.

- Have knowledge of MOD (melting/old-gold process), including understanding of melting lots, purity testing, weight reconciliation and recovery.

- Verify gross weight, net weight, stone weight and gold weight while purchasing jewellery.

- Understand different types of jewellery such as chains, bangles, rings, earrings, necklaces, pendants, bracelets, nose pins, etc.

- Understand jewellery making charges, wastage, labour charges, stone charges and other purchase-related costs.

- Check supplier invoices, purchase bills,



delivery challans and maintain proper purchase records and documentation.

- Compare supplier rates and negotiate gold rates, making charges, wastage, labour charges and other commercial terms.

- Coordinate with the accounts, inventory and manufacturing teams for purchase entries, stock reconciliation and payment processing.

- Verify received jewellery against the purchase order, invoice and physical quantity/weight.

- Maintain records of supplier-wise purchases, pending orders, returns, shortages and discrepancies.

- Follow up with suppliers for pending deliveries, quality issues, corrections and replacement of jewellery.

- Assist in stock reconciliation and physical verification of gold and jewellery.

- Ensure purchased jewellery meets the company's quality, design and purity requirements.

- Maintain good relationships with existing suppliers and identify reliable current jewellery vendors.

📌 Purchase Executive (Pune)
🏢 Ranka Jewellers
📍 Pune