Job Description
About VGL Group
Vaibhav Global Limited (VGL) is a leading electronic retailer of jewelry and lifestyle products . In FY -24, VGL reported a turnover of ~$ million and employs 4,+ people globally , with 3,+ 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 , a leading UK teleshopping & digital sales platform . Mindful Souls – Acquired in , 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.
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