Gemstone Inventory Executive

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 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.

• Maintain accurate records of all incoming and outgoing gemstones (e.g., quantity, type, weight, and value).
• Regularly update physical and system stock through ERP.
• Perform daily, weekly, and monthly inventory reconciliations.
• Track lot-wise and location-wise stock in SEZ/EOU units.
• Monitor the movement of gemstones between departments (Bagging, Production, Bagging Changing, etc.).
• Cross-check physical stones against system entries to identify mismatches (stone type, shape, or weight).
• Ensure timely and accurate system entries (GRN, issue slips, receipts, etc.).
• Update master data and ensure batch-wise traceability in ERP.
• Stone Changing and Missing Report Update in System
• Generate MIS reports and stock summaries for audits and internal review.
• Support internal and external audits by providing required documents and data.
• Maintain stock register and ensure zero variance during physical verification.
• Follow SEZ/EOU customs compliance for material movement and inventory handling.
• Record Inventory of Rejection Goods received from Production after Proper Grading and Measurement
• Use advanced Excel functions (VLOOKUP, Pivot Tables, Conditional Formatting, SUMIFS, etc.) to analyze data and present actionable insights.
• Ensure Excel-based records are regularly backed up and aligned with ERP/system data.