Full-time 8+ years

Job Title: Purchase Manager

Location: Hyderabad
Experience: 8+ Years

Industry: Jewellery Retail (Gold, Diamond, Silver Precious Stones)

About the Role

Krishna Jewellers Pearls Gems
Pvt. Ltd. is seeking an experienced and dynamic Purchase Manager to manage the procurement of Gold, Diamond, Silver, Pearls, and Jewellery products. The ideal candidate should possess strong jewellery product knowledge, vendor management
expertise, negotiation skills, and inventory management capabilities to ensure the availability of quality products at competitive prices.

Key Skills Required

- Purchase Procurement Management
- Vendor Development Relationship Management
- Price Negotiation Cost Control
- Product Pricing
- Product Sourcing
- Market Trend Analysis
- Vendor Evaluation Performance Monitoring
- ERP Inventory Management Systems
- Microsoft Excel Reporting

Key Responsibilities

Purchase Procurement

- Manage end-to-end procurement of Gold, Diamond, Silver,
Pearl, and Jewellery products.
- Source products from approved vendors while ensuring
quality, pricing, and timely delivery.
- Identify recent vendors and develop strong supplier
relationships.
- Negotiate product pricing, payment terms, and purchase
agreements to achieve cost efficiencies.

Vendor Management

- Maintain and strengthen relationships with existing
vendors and suppliers.
- Conduct vendor evaluations based on quality, pricing,
service, and delivery performance.
- Coordinate with vendors for new product development and
exclusive collections.
- Resolve vendor-related issues, discrepancies, and
supply challenges.

Product Market Analysis

- Stay updated on jewellery market trends, gold and
diamond rates, customer preferences, and competitor offerings.
- Recommend new product categories and collections based
on market demand.
- Work closely with merchandising, sales,



and operations
teams to ensure product availability.

Reporting Compliance

- Prepare purchase reports, vendor performance reports,
and procurement analysis.
- Ensure proper documentation of purchase orders,
invoices, and vendor agreements.
- Maintain compliance with company policies and
procurement procedures.

Preferred Candidate Profile

- Minimum 8 years of experience in Jewellery Purchasing,
Procurement, or Inventory Management.
- Bachelors Degree in Commerce, Business Administration,
Supply Chain Management, or a related field Preferable
- Robust understanding of Gold, Diamond, Silver, Pearl,
and Precious Stone products.
- Excellent negotiation and vendor management skills.
- Experience handling large vendor networks and inventory
planning.
- Strong analytical, communication, and decision-making
abilities.
- Proficiency in ERP systems and Microsoft Excel.

Reporting To

- Managing Director

Key Performance Indicators (KPIs)

- Purchase Cost Optimization
- Inventory Accuracy Availability
- Vendor Performance Compliance
- Timely Procurement Deliveries
- Stock Turnover Efficiency
- Product Availability Across Stores
- Margin Improvement Through Effective Negotiation

Benefits

- Health Insurance
- Career Growth Opportunities

Provident Fund.

Paid Leave.

Daily Snack.

Yearly Bonus.

Direct interaction with management and key vendors.

Growth-oriented environment with long-term career opportunities.

Opportunity to work with a leading jewellery retail organization.

A supportive and friendly work setting

View role details

Responsibilities

- Own day-to-day role responsibilities
- Coordinate with internal teams
- Maintain premium service standards

This job posting has been aggregated from external source. Role details, content, and availability are subject to change. Applicants are advised to confirm the latest information directly on the company website before applying.

📌 Purchase Manager (Hyderabad)
🏢 Krishna Jewellers - Pearls And Gems
📍 Hyderabad