Merchandiser (Lifestyle Product)

6 months ago

Jaipur Rajasthan, India Vaibhav Global Full time

**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.

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.

**SHOP**LC** OVERVIEW**:
**TJC OVERVIEW**:
**SHOP**LC** GERMANY OVERVIEW**:
**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

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