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3.4

based on 265 Reviews

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54 Vaibhav Global Jobs

Diamond Buyer

5-10 years

Jaipur

1 vacancy

Diamond Buyer

Vaibhav Global

posted 6hr ago

Job Description

Listed in 1996-97 on Indian stock exchanges, Vaibhav Global Ltd (VGL) is an end-to-end electronic deep discount retailer of fashion jewelry, gemstones, and lifestyle products, operating in the US, UK, Germany, and Canada.

Today's customers seek convenience, and VGL meets this demand through its proprietary 24/7 TV shopping channels (Shop LC in the US and Germany, and Shop TJC in the UK), as well as through various digital mediums including websites, mobile apps, OTT platforms, social media, and third-party marketplaces. VGL reaches almost 124 million households across the US, UK, and Germany. As digitization progresses and online retail continues to grow, VGL's portfolio and omni-channel strategy will evolve accordingly.

  • Mindful Souls B. V. : In FY23-24, VGL acquired Mindful Souls B. V. , a Netherlands-based e-commerce company specializing in subscription-based online sales of fashion jewelry, gemstones, and lifestyle products. This acquisition is expected to leverage VGL's sourcing and manufacturing strengths while enhancing digital business capabilities.
  • Ideal World: VGL, through its subsidiary Shop TJC Ltd (UK), acquired the assets of Ideal World, a well-known teleshopping and digital retail brand in the UK. This acquisition includes IP rights, broadcasting rights, studio equipment, and other intangible assets.
Environmental and Social Responsibility:

VGL is committed to sustainable business practices and renewable energy initiatives. The company's SEZ unit in India received the Excellence Award for IGBC Performance Challenge 2021 for Green Built Environment, reflecting its dedication to environmental sustainability. VGL's Your Purchase Feeds. . . initiative has provided 87 million meals to school children in India, the US, and the UK. The company encourages employees to donate at least two hours each month to charitable causes, tracked through its performance system. VGL is also a Great Place to Work (GPTW) certified organization.

Shop LC Overview: Shop LC Germany Overview:

Be the Value Leader in Electronic Retailing of Jewelry and Lifestyle Products.

To deliver one million meals per day to children in need by FY40 through our one-for-one meal program: your purchase feeds. . .

Our Core Values:

As a Diamond Buyer , you will be responsible for sourcing high-quality diamonds, negotiating with suppliers, and ensuring procurement aligns with company standards and market trends. This role requires a deep understanding of diamonds, market analysis, and the ability to establish and maintain strong vendor relationships.

Role & responsibilities

  • Source and procure diamonds that meet the company quality and certification standards.
  • Evaluate diamond specifications, including carat, cut, clarity, and color.
  • Build and maintain relationships with suppliers, ensuring competitive pricing and timely delivery.
  • Monitor market trends to identify sourcing opportunities and make informed purchasing decisions.
  • Collaborate with design and production teams to align diamond procurement with product requirements.
  • Ensure compliance with ethical sourcing standards and company policies.
  • Maintain accurate records of purchases and supplier agreements.
Qualifications:
  • Proven experience in diamond procurement or a related field.
  • In-depth knowledge of diamond grading, certification, and market dynamics.
  • Strong negotiation and communication skills.
  • Attention to detail with the ability to evaluate diamond quality effectively.
  • Familiarity with ethical sourcing practices and compliance standards.
  • Bachelors degree in Gemology, Business, or a related field (preferred)
7 LPA - 12 LPA Yearly Graduate in any related field Thank You for Subscribing! Thank You for Applying! You have already applied in this position!!

Employment Type: Full Time, Permanent

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People are getting interviews at Vaibhav Global through

(based on 15 Vaibhav Global interviews)
Referral
Job Portal
Walkin
Company Website
47%
20%
13%
7%
13% candidates got the interview through other sources.
High Confidence
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High Confidence means the data is based on a large number of responses received from the candidates.

What people at Vaibhav Global are saying

1.0
 Rating based on 1 Buyer review

Likes

Only work time for job

Dislikes

No job security & work place is not good

Read 1 review

Buyer salary at Vaibhav Global

reported by 3 employees with 6-23 years exp.
₹11 L/yr - ₹13 L/yr
49% more than the average Buyer Salary in India
View more details

What Vaibhav Global employees are saying about work life

based on 265 employees
53%
67%
61%
90%
Flexible timing
Monday to Saturday
No travel
Day Shift
View more insights

Vaibhav Global Benefits

Free Transport
Team Outings
Job Training
Soft Skill Training
Work From Home
Cafeteria +6 more
View more benefits

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