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 productive procurement planning and inventory control.

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

Work Location: In person

📌 Purchase Executive Pune
🏢 Ranka Jewellers
📍 Pune