Purchasing ExecutiveDhamu Chettiar Nagai Maaligai • Erode, IN
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Purchasing Executive
Dhamu Chettiar Nagai Maaligai • Erode, IN
11 hours ago
Job descriptionDevelop and maintain strong relationships with suppliers and manufacturers. Negotiate rates, wastage, credit terms, and making charges. Evaluate vendor performance based on quality, delivery, pricing, and reliability. Manage vendor meetings, sample approvals, and annual contracts. Ensure all incoming jewellery meets QC / QA standards. Verify hallmarking, weight tolerance, diamond certification (IGI / GIA) and finishing. Coordinate with QC and hallmarking teams for testing and certification. Manage returns, rework, and discrepancies with vendors. Monitor stock levels, fast-moving and slow-moving items. Plan replenishment based on season, festivals, and sales pattern. Coordinate with operations for barcode creation and stock entry. Analyse purchase and stock ageing reports for decision-making. Track gold and diamond rate fluctuations. Study market trends, customer preferences, and competitor products. Recommend new designs or product categories for assortment enhancement. Maintain purchase reports, GRN data, and vendor statements. Submit weekly / monthly purchase summaries. Update ERP / stock management systems regularly. Support finance and accounts team for vendor payment processing.
A. Procurement & Purchase Operations
- Identify purchase requirements based on stock levels and sales trends.
- Raise and manage Purchase Orders (PO) for gold, diamond, and silver items.
- Coordinate with vendors for timelines, delivery, and order status.
- Ensure purchase complies with budget, quality parameters, and design standards.
- Handle customized order requirements in coordination with design / karigar team.
B. Vendor Management
C. Quality & Compliance
D. Inventory & Stock Management
E. Market & Trend Analysis
F. Reporting & Documentation
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Executive Executive • Erode, IN
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