Purchase Manager
5 days ago
About Nathan HR Human Resources
Nathan HR Human Resources is a leading provider of human resources solutions to the luxury goods sector. With a strong focus on delivering exceptional service, we are seeking a highly motivated and experienced Purchase Manager to join our dynamic team.
Job Summary
We are looking for a skilled Purchase Manager to oversee the procurement process for our client, a specialist in beautiful jewelry with distinctive European designs. The ideal candidate will have a strong background in the gold and diamond jewellery retail business, excellent negotiation skills, and a keen eye for detail.
Key Responsibilities
- Vendor Management
- Establish and maintain relationships with suppliers and vendors to ensure the highest quality of products at competitive prices.
- Evaluate and negotiate terms and prices to ensure the best deals.
- Inventory Management
- Monitor and manage inventory levels to ensure adequate stock of gold and diamond jewellery.
- Coordinate with the sales team to forecast demand and avoid stockouts or overstock situations.
- Procurement Process
- Oversee the procurement process, including purchase order creation, order tracking, and ensuring timely delivery of goods.
- Quality Assurance
- Ensure that all jewellery purchased meets the company's quality standards.
- Work with suppliers to resolve any quality issues.
- Market Research
- Conduct market research to stay updated on industry trends, new products, and competitive pricing.
- Budget Management
- Assist in managing the purchasing budget, ensuring cost effectiveness and adherence to financial targets.
- Documentation
- Maintain accurate records of all purchasing activities, contracts, and agreements.
- Ensure compliance with company policies and legal requirements.
- Team Collaboration
- Work closely with the sales team, and other departments to ensure seamless operations and effective communication.
- Reporting
- Prepare and present regular reports on purchasing activities, costs, and inventory levels to senior management.
- Cost Management
- Implement cost-saving initiatives and strategies to reduce procurement expenses.
- Conduct regular cost analysis and benchmarking to ensure competitive pricing.
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