Purchase Manager

We are looking for an experienced and reliable Purchase Manager with a strong background in the jewellery or gemstone industry. The ideal candidate will be responsible for managing procurement operations, sourcing quality materials and products (precious/semi-precious stones, metals, etc.), negotiating with suppliers, and ensuring timely delivery at the best possible rates.

Key Responsibilities:

• Develop and implement effective purchasing strategies specific to jewellery/gemstone materials.
• Source and evaluate suppliers of gemstones, gold, silver, findings, tools, and packaging materials.
• Negotiate prices, quality standards, and delivery terms with vendors.
• Ensure timely procurement of goods and maintain optimal inventory levels.
• Maintain vendor relationships and regularly review supplier performance.
• Coordinate with production, design, and inventory teams for material requirements.
• Ensure compliance with industry standards and legal documentation (e.g., invoices, certificates of authenticity).
• Track market trends and fluctuations in raw material costs (gold, stones, etc.).
• Maintain accurate records of purchases, pricing, and supplier details.
• Conduct regular audits to ensure quality control of purchased goods.

Requirements:

• Minimum 3 years of experience in purchasing or procurement, preferably in jewellery or gemstone industry.
• Strong knowledge of gemstones, precious metals, and jewellery components.
• Excellent negotiation and vendor management skills.
• Good understanding of market rates, certifications, and quality checks.
• Proficiency in MS Excel, purchase software, or ERP systems.
• Strong analytical, organizational, and communication skills.