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Inventory and Vendor Manager
Inventory and Vendor ManagerDhamu Chettiar Nagai Maaligai • Republic Of India, IN
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Inventory and Vendor Manager

Inventory and Vendor Manager

Dhamu Chettiar Nagai Maaligai • Republic Of India, IN
13 hours ago
Job description

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

  • Develop 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.
  • C. Quality & Compliance

  • 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.
  • D. Inventory & Stock Management

  • 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.
  • E. Market & Trend Analysis

  • Track gold and diamond rate fluctuations.
  • Study market trends, customer preferences, and competitor products.
  • Recommend new designs or product categories for assortment enhancement.
  • F. Reporting & Documentation

  • 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.
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    Vendor Manager • Republic Of India, IN

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