Purchasing Section Head

• Precious Materials Cost Optimization: Achieve competitive sourcing costs for gold alloys, diamonds, gemstones, and jewelry components while maintaining required quality standards.

• Gold Alloy Quality Compliance: Ensure purchased alloys meet approved karat, purity, color, composition, and manufacturing specifications.

• Diamond & Gemstone Quality Compliance: Ensure purchased stones meet approved grading, dimensions, color, clarity, cut, and quality requirements.

• Supplier Delivery Performance: Ensure suppliers meet agreed delivery and order readiness dates to support production plans and collection launches.

• Supplier Commercial Competitiveness: Maintain competitive prices, manufacturing premiums, stone costs, payment terms, and purchasing conditions against market benchmarks.

• Strategic Supplier Development: Develop and qualify alternative suppliers for critical jewelry materials to reduce supply dependency and improve sourcing flexibility.

• Material Specification Compliance: Minimize deviations in gold alloy specifications, stone dimensions, weights, and other technical requirements.

• Jewelry Material Cost Improvement: Identify sourcing opportunities that improve material cost and product margin without compromising design, quality, or brand standards.

• Supplier Quality Performance: Monitor supplier-related defects, rejections, returns, and recurring quality issues, ensuring corrective actions are implemented.

• Procurement Lead Time Efficiency: Optimize sourcing and purchasing lead times to support product development, seasonal collections, and production requirements.

• Precious Material Supply Risk Management: Identify and mitigate risks associated with gold, diamonds, gemstones, and other critical jewelry materials.

• Purchasing Governance & Financial Control: Ensure purchasing commitments, quantities, prices, and supplier balances comply with approved budgets and procurement policies.

Requirements

• • Bachelor's degree in Engineering, Supply Chain Management, Business Administration, or a relevant discipline.

  • 7-9 years of experience in procurement or strategic sourcing, preferably within the jewelry, gold, diamonds, or luxury goods industry.

  • Strong commercial negotiation skills, with a track record of achieving cost optimization while maintaining quality standards.

  • Experience in supplier evaluation, qualification, performance management, and strategic supplier development.

  • Understanding of jewelry manufacturing processes, material consumption, product costing, and production requirements is a plus.

  • Strong analytical skills with the ability to conduct cost analysis, market benchmarking, price comparisons, and supplier performance assessments.

  • Experience in procurement planning, inventory coordination, supply chain risk management, and lead-time optimization.

  • Good knowledge of procurement governance, purchasing controls, budgeting, and supplier contractual arrangements.

  • Proficiency in ERP systems and Microsoft Excel; experience with procurement or supply chain management systems is preferred.

  • Strong communication, stakeholder management, problem-solving, and decision-making skills.

  Preferred Additional Qualifications

  • Professional certification in procurement or supply chain management (CIPS, CPSM, or equivalent).

  • Previous experience working with international suppliers and precious material markets.

  • Knowledge of gold market dynamics and international precious metals pricing benchmarks.