Role :
Buying for key brands within Myntra’s Private Labels & Licenses portfolio A comprehensive role which involves all aspects of business – Analytics, Financial planning, Range planning, Brand Strategy, Marketplace Vendor Management
Responsibilities:
Responsible to optimize sales by monitoring:
o Revenue
o Margins
o Growth of Category
o Review style level performance based on metrics such as ROS, Sell thru, DRR, Discount.
o Financial analysis - Sales, Margin, Discount and Inventory related analysis
Range/ Assortment Planning
o Product-Brand mapping
o Season wise Product Range planning/ Assortment working based on past performance & growth / revenue targets to ensure that the brand is well represented
o Effectively planning and forecasting in order to maximize profitability
o Trend forecasts and implement sales plans
o Actively participate in Brand development/ Range/Product development through analytics-based insights
Visibility Planning
o Category visibility planning & interventions – planning banners for respective brands and raising banner requests on time
Inventory Management
o Planning for the inventory flow for entire brand
o Work in close coordination with the Planning and Pricing team for optimizing Scale / Inventory/OTB/Capacities.
o Management of OIs / Inwards, Cataloguing and driving and improvising the processes.
Marketplace and Vendor Management
o Identify gaps in product offerings & subsequently introduce / onboard new vendors across whitespaces
o Vendor on-boarding and day-to-day operations
Vendor-Product Mapping
Coordinating with MP vendors to ensure the category gaps are appropriately fulfilled, the collection is live on time, pricing is as per demand
Operational Excellence:
o Prior experience or knowledge of data analysis & interpretation, Discount monitoring, Collaborating with cataloguing team to get products shoot, content creation and right information of the product being shared and improvising on processes to constantly improve customer experience
Qualifications & Experience
4-5 years of experience in Apparel Buying / Planning / Merchandising. (Preferably E- Comm)
Familiarity with Category management with understanding of Market dynamics and sound business judgement
Strong MS Excel skills with numbers acumen and be comfortable in collecting, analysing and interpreting data
Experience with handling Market place will be an added advantage
Good organizational skills including prioritizing, scheduling, time management, and meeting deadlines
Willingness to learn, innovate, take initiatives
Ability to negotiate and sustain networking relationships
Customer centric, creative & analytical problem-solving mindset
Ability to work as part of a team & collaborate with others
Top Skills
What We Do
Myntra is India’s leading e-commerce company committed to making fashion and lifestyle products accessible to everyone. We create solutions that disrupt the ordinary and help make the world a happier, more fashionable place. We are a company that is constantly evolving into newer and better forms and we look for people who are ready to evolve with us. From our beginnings as a customization company in 2007 to being technology and fashion pioneers today, Myntra is going places and we want you to take this journey with us. Our Culture As self-driven, motivated individuals who believe in taking ownership instead of being handed responsibility, we are a curiously non-hierarchical team who believe in working as a whole to take the Organization forward. Firm believers of meritocracy, we encourage you to take on tasks and readily empower you with the right tools, space, and opportunities. In essence, work at Myntra is challenging but fun - we believe in equal opportunity, encourage intellectual curiosity and empower you to be the change. If you’re just as passionate about fashion and would love a workplace that is purely result-driven, Myntra is the place for you! Check out open jobs on https://boards.greenhouse.io/myntra
