Stone Diamond Purchase manager ( Jaipur)

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Stone and Diamond Purchase Manager is responsible for sourcing, evaluating, and procuring stones and diamonds, managing supplier relationships, and ensuring quality and compliance with industry standards. Key duties include developing procurement strategies, negotiating with vendors, monitoring inventory, and conducting market research to maintain cost-effectiveness and ethical sourcing. This role requires strong analytical skills to assess the 4Cs of diamonds (cut, color, clarity, carat), verify certifications, and ensure all purchases meet the company's quality and ethical standards.

Core responsibilitiesQuality evaluation : Assess the quality of diamonds and gemstones based on the 4Cs, color, clarity, and cut, ensuring they meet company standards.Supplier management : Identify, evaluate, and select reliable suppliers based on quality, cost, and ethical standards. Manage and maintain positive long-term relationships with vendors.Negotiation and contracts : Negotiate prices, terms, and contracts with suppliers to achieve the best possible agreements for the company.Procurement strategy : Develop and implement purchasing strategies to optimize costs and enhance the supply chain.Inventory control : Monitor stock levels, analyze demand patterns, and manage inventory to avoid shortages or excesses.Market analysis : Stay updated on industry trends, market fluctuations, and supplier capabilities through continuous research.Compliance and ethics : Ensure all purchases comply with legal, ethical, and internal standards, including verifying certifications (e.g., GIA, IGI) and handling import / export procedures if necessary.Internal coordination : Collaborate with internal departments, such as sales and design, to understand their needs and align procurement activities accordingly.Budget and cost management : Control the purchasing budget and devise cost-saving plans. Required skills and qualificationsIn-depth knowledge of diamond and gemstone grading (the 4Cs, etc.) and industry-standard certifications.Strong analytical skills to evaluate data, analyze costs, and make informed decisions.Negotiation and interpersonal skills to build strong relationships with suppliers and internal teams.Excellent organizational and communication skills.Experience in inventory management and supply chain optimization is beneficial.

Skills Required

Compliance, Inventory Management, Supplier Management, Negotiation, supply chain optimization, Market Analysis