Purchasing Engineer

About Derewala Industries Ltd.:

Derewala is a name synonymous with innovation, sustainability, and quality in the world of jewelry manufacturing. With cutting-edge technology and a global clientele, we are committed to creating timeless pieces while maintaining eco-friendly practices. Since our humble beginnings in 1987, we have adhered to the highest standards of quality and on-time delivery. Headquartered in Jaipur, India's jewellery hub, Derewala has expanded its global footprint, serving esteemed clients in over 30 countries across 6 continents.

Location

Working days

Key Responsibilities:

Strategic Sourcing & Vendor Management

• Develop and execute sourcing strategies to drive cost savings, quality improvement, and supplier reliability.
• Identify, evaluate, and qualify new suppliers in line with company requirements.
• Maintain strong vendor relationships and manage supplier performance through KPI's.

Negotiation & Contracting

• Lead negotiations for pricing, payment terms, and service level agreements.
• Draft, review, and manage contracts ensuring compliance with legal and company policies.

Market Research & Analysis

• Conduct market intelligence, bench-marking, and spend analysis to identify sourcing opportunities.
• Monitor industry trends, risks, and alternative supply sources.

Cross-functional Collaboration

• Work closely with Production, Operations, Finance teams to understand requirements and deliver optimal sourcing solutions.
• Support new product development projects with timely sourcing of materials.

Process Improvement & Compliance

• Ensure sourcing practices comply with company policies, sustainability goals, and regulatory requirements.
• Implement best practices, continuous improvement, and cost-saving projects.

Qualifications & Skills:

• Bachelor’s degree in Engineering
• 3–5 years of experience in strategic sourcing, procurement, or supply chain (industry-specific experience preferred).
• Strong negotiation, contract management, and analytical skills.
• Knowledge of ERP systems, and supplier management processes.
• Excellent communication, relationship management, and problem-solving skills.
• Ability to work under pressure, manage multiple priorities, and drive cost efficiency.