Purchase Executive(Jewelry)

3 years

2 - 3 Lacs

Posted:2 days ago| Platform: SimplyHired logo

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Work Mode

On-site

Job Type

Full Time

Job Description

Purchase Executive – Jewelry Shop

Experience - 3+ Years in Jewelry shop

Location : Coimbatore

Contact : Ms.Deepika HR - 9787152202 or [email protected]

Key Responsibilities1. Procurement & Sourcing

  • Identify and source suppliers for gold, silver, diamonds, gemstones, and finished jewelry.
  • Evaluate vendors based on quality, pricing, reliability, and delivery timelines.
  • Negotiate contracts, rates, and credit terms with suppliers.
  • Ensure timely procurement of materials required for production and retail.

2. Inventory Management

  • Maintain accurate stock levels and reorder materials when necessary.
  • Coordinate with the store manager and production team to forecast material requirements.
  • Monitor stock movement and generate purchase orders accordingly.

3. Quality Control

  • Inspect raw materials (gold purity, diamond quality, gemstone grades) before purchase.
  • Ensure all items meet company quality standards and certification requirements.
  • Coordinate with certified labs for hallmarking and diamond grading when required.

4. Vendor Relationship Management

  • Build and maintain relationships with domestic and international suppliers.
  • Track supplier performance and resolve issues related to quality or delivery delays.
  • Maintain vendor records and update them periodically.

5. Documentation & Compliance

  • Prepare purchase orders, invoices, and GRN (Goods Receipt Notes).
  • Ensure compliance with GST, hallmarking laws, and other statutory requirements.
  • Maintain proper documentation for audits.

6. Market Research

  • Monitor market trends, gold prices, diamond rates, and seasonal demand.
  • Identify new sources and innovations in jewelry materials and designs.
  • Support management in cost estimation and pricing strategies.

7. Coordination

  • Work closely with design, production, and sales teams to align purchases with business needs.
  • Assist in new product development by sourcing unique materials and components.

Skills Required

  • Strong negotiation and communication skills
  • Knowledge of gold, diamonds, and gemstone quality parameters
  • Good understanding of jewelry manufacturing processes
  • Vendor and inventory management
  • Data-entry accuracy and experience with ERP/POS systems
  • Market awareness and analytical skills

Eligibility / Qualifications

  • Experience in jewelry industry (1–5 years typically required)

Job Type: Full-time

Pay: ₹20,000.00 - ₹25,000.00 per month

Work Location: In person

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