Company

Vaibhav GlobalSee more

addressAddressJaipur, Rajasthan
CategoryRetail & Food Services

Job description

VGL India

Jaipur

khushboo.rathore@vaibhavglobal.com

Posted : 1 week 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’s 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’s), 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’s strategy for mitigating climate change risks. We’re committed to conducting business with minimum impact on the environment. We have undertaken and continue to undertake several ‘Green initiative’ measures to protect the environment. Our SEZ unit at India was conferred with ‘Excellence Award’ for ‘IGBC Performance Challenge 2021 for Green Built Environment’ 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 ‘Your Purchase Feeds...’, 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

Responsibilities:

  • Product Selection and Planning:
    • Collaborate with the buying team to curate a diverse range of Lifestyle Products.
    • Analyze market trends and consumer preferences to inform product selection.
  • Vendor Management:
    • Establish and maintain relationships with vendors and suppliers.
    • Negotiate terms and conditions for product procurement.
  • Inventory Management:
    • Monitor stock levels and optimize inventory to meet demand.
    • Coordinate with logistics to ensure timely product deliveries.
  • Pricing Strategy:
    • Implement effective pricing strategies based on market research and competition analysis.
    • Work closely with the pricing team to achieve profitability goals.
  • Visual Merchandising:
    • Collaborate with the visual merchandising team to create attractive displays.
    • Ensure that the product presentation aligns with the brand image.
  • Sales Analysis:
    • Track sales performance and identify opportunities for improvement.
    • Generate reports to evaluate the success of merchandising strategies.
  • Collaboration with Cross-Functional Teams:
    • Work closely with marketing, sales, and finance teams to align merchandising strategies with overall business goals.
    • Participate in cross-functional meetings and contribute insights.
  • Market Research:
    • Stay updated on industry trends, competitor activities, and customer preferences.
    • Use market insights to recommend adjustments to the product assortment.
  • Seasonal Planning:
    • Plan and execute seasonal promotions and product launches.
    • Ensure timely availability of seasonal products in alignment with marketing calendars.
  • Quality Control:
    • Collaborate with the quality control team to ensure product standards are met.
    • Address quality-related issues promptly.

Qualifications and Skills:

  • Bachelor's degree in Merchandising, Business, or a related field.
  • Proven experience in merchandising, preferably in lifestyle or retail.
  • Strong analytical and negotiation skills.
  • Excellent communication and interpersonal abilities.
  • Proficient in using merchandising software and Microsoft Office Suite.
  • Creative thinking and a keen eye for product trends.

Job Overview

  • Compensation

    ₹ 3,00,000-5,00,000 Yearly
  • Level

    Mid level
  • Location

    Jaipur
  • Experience

    1 + Years
  • Qualification

    Graduate/Post Graduate
  • Work Mode:

    Onsite
  • Job Type:

    Fulltime
Refer code: 962488. Vaibhav Global - The previous day - 2024-03-22 16:49

Vaibhav Global

Jaipur, Rajasthan

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