Gemstone Buyer

About VGL Group

Vaibhav Global Limited (VGL) is a leading electronic retailer of jewelry and lifestyle products. In FY 2023-24, VGL reported a turnover of ~$365 million and employs 4,000+ people globally, with 3,000+ based in Jaipur, India.

Multi-Channel Presence

VGL reaches a broad audience through its TV, e-commerce, and digital retail platforms:

• Shop LC (USA) – Live broadcasts to 60M+ homes with a strong e-commerce presence.
• TJC, UK – Reaches 27M+ homes through TV and digital platforms.
• Shop LC Germany – Broadcasts to 40M+ homes, expanding VGL’s European market presence.
• Ideal World (UK) – Acquired in 2023, a leading UK teleshopping & digital sales platform.
• Mindful Souls – Acquired in 2023, a fast-growing subscription-based e-commerce brand focused on spiritual and wellness products.

Social Impact & ESG Initiatives

• Your Purchase Feeds… – VGL’s flagship one-for-one meal program has provided 99M+ meals to schoolchildren in India, the US, and the UK.
• Employee Volunteering – Encourages employees to donate two hours monthly for charitable activities.
• Sustainability Commitment – Focused on renewable energy, waste reduction, and green initiatives.
• IGBC Award Winner – Recognized for excellence in green built environments at its Jaipur SEZ unit.
• Assigned a ‘Combined ESG Rating 72 (Strong)’ from ICRA ESG Ratings Limited

Talent & Culture

• Humanocracy & Micro-Enterprises – VGL fosters a decentralized, empowered work culture, enabling small, agile teams to drive innovation and ownership.
• Talent Density & Meritocracy – Prioritizing high-performance teams, rewarding talent, and a culture of excellence.
• GPTW Certified – Recognized as a Great Place to Work across India, the US, the UK, and China.

Recognition & Achievements

• Top Exporter Award – Honored by GJEPC for being India’s largest exporter of silver and colored gemstones.
• Operational Excellence – A strong track record in value-driven retail and customer-centric growth.

We are looking for a highly analytical and resourceful Gemstone Buyer who understands gemstones in depth and thinks like a business owner. You will be responsible for sourcing gemstones, building supplier trust, and negotiating strong commercial terms that improve profitability.

Key Responsibilities

• Source gemstones from domestic and international markets.
• Evaluate gemstones based on treatments, origins, grading, and recovery potential.
• Determine value vs. yield and make ROI-focused purchase decisions.
• Build long-term vendor relationships and negotiate competitive pricing.
• Ensure purchased stones meet manufacturing and inventory needs.
• Monitor market trends, supply variations, and gemstone advancements.
• Drive sourcing efficiency and convert procurement into a strategic advantage.

Required Gemstone Expertise

• Excellent understanding of gemstone types, treatments, and origins.
• Ability to judge cut-loss, grading standards, calibration potential, and supply chain quality.
• Experience in vendor markets (India/Thailand/Africa/China preferred).
• Ability to connect sourcing decisions to final retail profitability.