Manager - Buying

Posted 9 Days Ago
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Bangalore, Bengaluru, Karnataka
Mid level
eCommerce • Retail
The Role
This role involves managing buying for Myntra’s Private Labels and Licenses, focusing on analytics, financial and range planning, vendor management, and inventory management. Responsibilities include optimizing sales, planning product assortments, and overseeing marketplace operations while ensuring operational excellence and product visibility.
Summary Generated by Built In

Buyer

Manager

Roles:
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

Excel
The Company
Bangalore, Karnataka
12,800 Employees
On-site Workplace
Year Founded: 2007

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

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