Resident Buyer – Jewelry

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.

Job Title: Resident Buyer – Jewellery

Job Summary:

We are looking for a Resident Buyer – Jewellery who will play a critical role in sourcing, curating, and delivering jewellery collections tailored for live TV shopping, ecommerce platforms, and social commerce. The role requires strong trend awareness, vendor engagement, and commercial acumen to ensure innovative yet profitable product offerings. The Resident Buyer will work closely with design, merchandising, and marketing teams to create compelling product assortments that resonate with diverse customer segments.

Core Responsibilities

• Source, evaluate, and select jewellery collections aligned with customer preferences, seasonal trends, and channel strategy
• Negotiate pricing, terms, and delivery with vendors to achieve target margins and business objectives
• Analyze sales, inventory, and customer insights to plan assortments and make reordering or markdown decisions
• Collaborate with product development, design, and quality assurance to ensure compliance with style, quality, and pricing standards
• Coordinate product storytelling and presentation with merchandising, marketing, and live show teams to maximize on-air and online impact
• Own purchase order and open-to-buy processes, ensuring accurate planning and timely product availability
• Monitor product and vendor performance, recommending strategic adjustments to maximize profitability and minimize risk
• Explore global market trends to identify innovative jewellery designs and new vendor partnerships.

Qualifications & Experience

• Strong knowledge of jewellery categories (precious, semi-precious, fashion jewellery) and consumer buying behavior
• Familiarity with retail math concepts: margins, costing, open-to-buy, KPIs, and markdown strategies
• Excellent negotiation, relationship management, and communication skills
• Proficiency in Excel and presentation tools; experience with ERP or merchandising systems preferred

Preferred Skills & Traits

• Passion for jewellery, with a keen eye for design, craftsmanship, and global style trends
• Ability to thrive in a fast-paced, live shopping environment with quick turnaround times
• Strong collaboration skills with cross-functional teams (design, QC, ecommerce, planning, and marketing)
• Analytical mindset balanced with creativity to build commercially viable yet innovative assortments
• Entrepreneurial drive to continuously enhance product offerings across TV, digital, and social platforms