FAQs
What is the primary focus of the Purchasing Executive role?
The primary focus of the Purchasing Executive role is to drive efficient purchasing processes, manage vendor relationships, and support strategic sourcing to contribute to the growth of the organization in the jewellery industry.
What qualifications are required for this position?
A Bachelor’s degree in Engineering (Civil, Mechanical, or Electrical) and a minimum of 10 years of experience in purchasing within a retail or engineering context, specifically focusing on MEP, Civil, and fit-out materials.
What experience is needed regarding ERP systems?
Strong expertise in SAP or similar ERP systems for procurement processes is essential for this position.
How important is data management in this role?
Data management is crucial, as the role involves utilizing ERP systems to track, analyze, and optimize purchasing data, as well as developing dashboards and reports to evaluate purchasing performance and identify cost-saving opportunities.
Is experience in cross-functional collaboration required?
Yes, excellent communication and interpersonal skills for effective cross-departmental collaboration are essential for aligning purchasing strategies with organizational goals.
What are the key responsibilities concerning supplier relationships?
Key responsibilities include managing supplier relationships to ensure reliability, quality, and on-time delivery, as well as identifying and qualifying suppliers/vendors for various materials alongside the CPC team.
How does this role contribute to cost optimization?
The Purchasing Executive will implement cost-saving initiatives and strategies, seek opportunities to reduce expenses without compromising on quality, and coordinate with inventory management teams to optimize stock levels.
What is the importance of compliance in this position?
It is important to collaborate with engineering and project management teams to ensure that purchased materials meet technical specifications and compliance standards, and to maintain knowledge of industry standards related to MEP, Civil, and retail requirements.
Will the role involve any reporting responsibilities?
Yes, the role involves leading initiatives for improving data accuracy and accessibility in procurement processes, as well as developing and maintaining performance reports and dashboards.
Is prior experience in the jewellery industry necessary for this role?
While prior experience in the jewellery industry is not explicitly stated, experience in purchasing within a retail context focusing on engineering and fit-out materials is essential.