Job
Description
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. The company reaches almost 124 million households across the US, UK, and Germany through its proprietary 24/7 TV shopping channels and various digital mediums. VGL reported a group turnover of approximately Rs. 3,041 Crore and employs over 3800 people globally. VGL is committed to sustainable business practices and social responsibility initiatives. **Key Responsibilities:** - Ensure optimal stock levels and track inventory movement using efficient systems. - Perform regular stock audits to ensure accuracy and resolve discrepancies. - Maintain accurate ERP records and reconcile physical stock with system data. - Reduce shrinkage caused by errors, damage, or theft. - Align inventory with procurement and sales needs to optimize operations. - Enhance inventory turnover and reduce holding costs. - Manage slow-moving or obsolete items, implementing strategies for liquidation. - Oversee timely supplier deliveries and optimize reorder points. - Generate detailed inventory reports and provide insights to management. - Ensure adherence to internal inventory control procedures. - Continuously improve inventory processes, integrating digital tools for better management. **Qualification Required:** - Minimum 5 years of experience in inventory management, preferably within a production or jewelry environment. - Proficiency in MS Excel and inventory management software. Vaibhav Global Ltd (VGL) is dedicated to delivering joy and aims to be the Value Leader in Electronic Retailing of Jewelry and Lifestyle Products. Their mission is to deliver one million meals per day to children in need by FY40 through their one-for-one meal program. VGL values teamwork, honesty, commitment, passion, and a positive attitude in their employees. 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. The company reaches almost 124 million households across the US, UK, and Germany through its proprietary 24/7 TV shopping channels and various digital mediums. VGL reported a group turnover of approximately Rs. 3,041 Crore and employs over 3800 people globally. VGL is committed to sustainable business practices and social responsibility initiatives. **Key Responsibilities:** - Ensure optimal stock levels and track inventory movement using efficient systems. - Perform regular stock audits to ensure accuracy and resolve discrepancies. - Maintain accurate ERP records and reconcile physical stock with system data. - Reduce shrinkage caused by errors, damage, or theft. - Align inventory with procurement and sales needs to optimize operations. - Enhance inventory turnover and reduce holding costs. - Manage slow-moving or obsolete items, implementing strategies for liquidation. - Oversee timely supplier deliveries and optimize reorder points. - Generate detailed inventory reports and provide insights to management. - Ensure adherence to internal inventory control procedures. - Continuously improve inventory processes, integrating digital tools for better management. **Qualification Required:** - Minimum 5 years of experience in inventory management, preferably within a production or jewelry environment. - Proficiency in MS Excel and inventory management software. Vaibhav Global Ltd (VGL) is dedicated to delivering joy and aims to be the Value Leader in Electronic Retailing of Jewelry and Lifestyle Products. Their mission is to deliver one million meals per day to children in need by FY40 through their one-for-one meal program. VGL values teamwork, honesty, commitment, passion, and a positive attitude in their employees.