VGL India

Jaipur, Rajasthan.

[email protected]

Posted : 1 week ago

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 rapid-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 an experienced Senior Business Development Merchandiser to drive product sourcing, vendor development, merchandising operations and business growth. The role will involve identifying new business opportunities, developing vendor relationships, managing product categories and ensuring commercially viable products aligned with market trends and customer requirements.

Key Responsibilities

1. Business Development & Vendor Management

- Identify and develop new vendors, manufacturers and business partners.
- Build and maintain strong relationships with existing suppliers.
- Explore new product categories, sourcing opportunities and business prospects.
- Negotiate pricing, margins, commercial terms and delivery timelines.

1. Merchandising & Product Development

- Drive product development in coordination with design, sourcing and production teams.
- Identify products based on market trends, customer preferences and business requirements.
- Manage product sampling, costing, quotations and approvals.
- Ensure product quality, specifications and timely execution.

1. Market Research & Analysis

- Conduct market research to identify emerging trends and competitor offerings.




- Analyse product pricing, market demand and category performance.
- Recommend new product opportunities to drive business growth.

1. Order & Execution Management

- Coordinate with internal teams for order execution and timely delivery.
- Monitor product development timelines and vendor commitments.
- Resolve sourcing, costing and production-related challenges.

1. Business Growth & Commercials

- Identify opportunities to improve product margins and sourcing efficiency.
- Support business expansion through new vendor and product development.
- Track business performance, vendor productivity and commercial KPIs.

Required Skills & Qualifications

- Bachelor's degree in Business Administration, Fashion, Merchandising or a related field.
- 5–8 years of experience in merchandising, business development, sourcing or vendor management.
- Strong understanding of product costing, pricing, negotiation and commercial management.
- Excellent vendor development and relationship management skills.
- Good knowledge of market trends, product development and sourcing.
- Strong communication, coordination and analytical abilities.
- Proficiency in MS Excel and merchandising-related systems.

Key Performance Indicators (KPIs)

- New vendor development and onboarding.
- New product/category development.
- Cost optimisation and margin improvement.
- Timely product development and execution.
- Vendor performance and relationship management.
- Achievement of business development targets.

Job Overview

- Compensation

₹ Competitive Package Yearly

- Level

Senior
- Location

Jaipur, Rajasthan.
- Experience

5–8 Years (preferred) Years
- Qualification

Bachelors & Masters in related field

- Work Mode:

Onsite

- Job Type:

Fulltime

📌 Senior Business Development Merchandiser (Jaipur)
🏢 Vaibhav Global
📍 Jaipur