Gold Procurement Lead

Hiring for Assistant Manager - Sourcing(Gold) for leading Jewellery company

CTC: 35 LPA

Location: Mumbai

1. Strategic Sourcing & Procurement (Gold)

- Develop, implement, and manage strategic sourcing plans for plain gold (bullion and finished goods), focusing on achieving the best balance of cost, quality, and secure supply.

- Lead complex negotiations for pricing, credit terms, and delivery schedules with gold suppliers, refineries, and bullion dealers to meet aggressive cost-saving targets.

- Execute daily or periodic Finished Goods purchase orders based on real-time production schedules and inventory requirements.

- Schedule and manage the OTB (Open to Buy) plan to align procurement activities with financial budgets and sales forecasts.

2. Vendor Management & Development

- Proactively identify, evaluate, and onboard new plain gold suppliers/vendors, ensuring they meet strict ...