Purchase Manager - (Only from Gemstones Industry)

Role Overview: The Gemstone Purchase Manager will be responsible for sourcing, negotiating, and purchasing gemstones (precious, semi-precious, and synthetic) for gold and silver jewelry production. The role requires strong vendor management skills, quality awareness, and a strategic understanding of market trends and pricing. Key Responsibilities: Sourcing & Procurement: Identify and develop reliable suppliers of gemstones locally and internationally. Evaluate supplier performance and maintain a healthy vendor base. Ensure timely and cost-effective procurement of calibrated and fancy-cut stones as per design and production requirements. Negotiation & Cost Management: Negotiate prices, payment terms, and delivery schedules to achieve cost savings. Monitor global market rates and currency trends to make informed purchase decisions. Quality Control: Coordinate with the QC team to ensure consistency in color, clarity, cut, and calibration. Approve stone parcels and maintain documentation of purchase and quality certifications. Inventory & Forecasting: Maintain optimal stock levels for fast-moving gemstones. Collaborate with design, merchandising, and production teams to forecast demand based on upcoming collections and orders. Documentation & Compliance: Ensure all purchases comply with internal and legal standards, including import/export documentation if applicable. Maintain accurate records of invoices, certificates, and purchase orders. Market Intelligence: Stay updated on gemstone innovations, treatments, lab-grown alternatives, and market availability. Attend trade fairs, exhibitions, and vendor meetings for trend scouting and relationship building. Required Qualifications: Bachelor’s degree in Gemology, Business, or related field (GIA/IGI certification preferred). Minimum 5–7 years of experience in gemstone sourcing or jewelry industry procurement. Strong negotiation and communication skills. Job Types: Full-time, Permanent Pay: ₹1,100,000.00 - ₹1,200,000.00 per month Benefits: Cell phone reimbursement Food provided Health insurance Paid sick time Paid time off Provident Fund Schedule: Day shift Monday to Friday Morning shift Night shift Rotational shift Supplemental Pay: Performance bonus Yearly bonus Application Question(s): Do you have Bachelor’s degree in Gemology, Business, or related field (GIA/IGI certification )? Current location (City) ? Current CTC? Expected CTC? Experience: gemstone sourcing or jewelry industry procurement: 7 years (Required) Work Location: In person