VGL India Jaipur priyanshi.kumar@vaibhavglobal.com Posted : 23 hours ago VGL COMPANY OVERVIEW: Listed in 1996-97 on Indian stock exchanges, Vaibhav Global Ltd (VGL) is an end-to-end electronic deep discount electronic retailer of fashion jewelry, gemstones and lifestyle products in US, UK, Germany & Canada. Today\xe2\x80\x99s customers seek convenient shopping experience. We are available to the customers via our proprietary 24X7 TV Shopping channels (Shop LC in US & Germany and Shop TJC in UK) and other digital medium which includes website, mobile apps, Over-The-Top platforms (OTT\xe2\x80\x99s), social media and third-party marketplaces. Thus, today VGL reaches out to almost 124 million households across US, UK & Germany. As digitization increases, online retail is expected to grow and mature, our portfolio & omni-channel strategy will accordingly evolve alongside. VGL has a group turnover of approx. Rs. 2,750 Crore (FY 2021- 2022) and employs over 4000 people globally. VGL has its head office as well as its main manufacturing facility in Jaipur, India, which employs approx. 3000 people, including contract workers. We have consistently believed that value creation and sustainable business practices are complimentary goals. Renewable energy is a key focus area in VGL\xe2\x80\x99s strategy for mitigating climate change risks. We\xe2\x80\x99re committed to conducting business with minimum impact on the environment. We have undertaken and continue to undertake several \xe2\x80\x98Green initiative\xe2\x80\x99 measures to protect the environment. Our SEZ unit at India was conferred with \xe2\x80\x98Excellence Award\xe2\x80\x99 for \xe2\x80\x98IGBC Performance Challenge 2021 for Green Built Environment\xe2\x80\x99 which reflects our strong commitment and dedication towards environment sustainability. For more details, please refer to our ESG report (https://www.vaibhavglobal.com/reports). Under our flagship one-for-one meals initiative \xe2\x80\x98Your Purchase Feeds...\xe2\x80\x99, we served 13 million meals to school children in India, US and UK. With this, we have served 63 million meals till date. We encourage our team members to donate at least two hours every month for charitable causes that is tracked through our performance system. VGL is a Great Place to Work (GPTW) certified organization. SHOPLC OVERVIEW: A subsidiary of VGL, Shop LC was established in Austin, TX in 2007 and is now broadcasting live to 75-million homes in US. Our growing eCom presence is through our website https://www.shoplc.com/. Shop LC ships approx. 25,000 products to its US customers every day. Shop LC, US employs approx. 550 people in operations such as warehousing, customer service, merchandising, marketing, eCom, Marketplaces, Live Studio. Its management resides at the US headquarters in Austin, with extended support from the Global Headquarters in India. United States in our largest market and delivers the highest revenue share. The contribution of this region to our consolidated revenue stands at 68%. TJC OVERVIEW: A subsidiary of VGL, TJC was established in London, UK in 2006 and now broadcasts live to 25 million homes in UK as well as has an eCom presence through website https://www.tjc.co.uk/ . TJC ships approx. 12000 products to its UK customers every day. TJC employs approx. 220 people in London in various divisions with extended teams in India. SHOPLC GERMANY OVERVIEW: ShopLC Germany TV & eCom was launched in 2021 from Dusseldorf, Germany. We are very excited with this new market and see tremendous growth potential in Germany and entire Europe. Our coverage has already reached 27 million households and is expanding. Our eCom side of business can be checked out through our website https://www.shoplc.de/ . Our Purpose: Delivering joy. Our Vision: Be the Value Leader in Electronic Retailing of Jewelry and Lifestyle Products. Our Mission: To deliver one million meals per day to children in need by \'FY31\' through our one for one meal program: your purchase feeds... Our Core Values:
Teamwork
Honesty
Commitment
Passion
Positive attitude
\xe2\x80\x93 1. Product Selection:
Analyze market trends, customer preferences, and sales data to curate a collection of jewelry products.
Collaborate with designers and manufacturers to develop new jewelry designs or modify existing ones based on market demand.
2. Pricing Strategy:
Establish competitive and profitable pricing strategies for the jewelry products.
Regularly review and adjust prices based on market dynamics, cost changes, and sales performance.
3. Inventory Management:
Monitor inventory levels to ensure optimal stock levels while minimizing excess or obsolete inventory.
Coordinate with buyers and production teams to maintain timely and efficient supply chains.
4. Market Analysis:
Conduct market research to stay informed about industry trends, competitor offerings, and customer preferences.
Use market insights to identify opportunities for product differentiation and improvement
5. Sales Analysis:
Monitor and analyze sales performance, identifying patterns and opportunities for improvement.
Generate reports to track key performance indicators (KPIs) and provide actionable insights to management.
6. Buyer Relationships:
Cultivate and maintain strong relationships with buyers and manufacturers.
Work closely with buyers to ensure a clear understanding of product features and benefits.
Job Overview
Compensation
4,50,000 - 5,00,000 Yearly
Level
Mid level
Location
Jaipur
Experience
Minimum 1-2 years in Operations Years
Qualification
Master\xe2\x80\x99s degree- MBA
Work Mode:
Onsite
Job Type:
Fulltime
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