Associate - Buying

4 Months ago • 2-4 Years • Product Management

Job Summary

Job Description

Associate - Buying role requires 2-4 years of experience in Apparel Buying/Planning/Merchandising, preferably in E-Commerce. Strong MS Excel skills and experience in market dynamics are essential. The role involves managing business portfolios, conducting financial analysis, and optimizing sales.
Must have:
  • Apparel Buying
  • MS Excel Skills
  • Market Dynamics
  • Financial Analysis
Good to have:
  • E-Commerce Experience
  • Category Management
  • Range Planning
  • Vendor Management

Job Details

Associate – Buying


Roles:
 Responsible for managing business portfolio for relevant Category with focus on Growth and
increasing the market share.
 Analytics, Financial planning, Range planning, Co-ordination– vendors & team.


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 BU 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 category
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.


 Vendor Management
o Identify gaps in product offerings & subsequently introduce / onboard new vendors
across whitespaces
o Vendor-Product Mapping


 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


 2-4 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.
 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.

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About The Company

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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