Myntra - Senior Manager - Buying

About the Company: Myntra is a leading fashion e-commerce platform that focuses on providing a wide range of products from key brands, including its Private Labels and Licenses portfolio. Our mission is to deliver a seamless shopping experience while fostering a culture of innovation and inclusivity.Myntra is committed to creating a diverse environment and is proud to be an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, gender, gender identity or expression, sexual orientation, national origin, genetics, disability, age, or veteran status.

About the Role: The Senior Manager- Buying (Accessories) role is a comprehensive position that involves all aspects of business, including analytics, financial planning, range planning, brand strategy, and marketplace vendor management.

Responsibilities:

Responsible to optimize sales by monitoring:

• Revenue
• Margins
• Growth of Category
• Review style level performance based on metrics such as ROS, Sell thru, DRR, Discount.
• Financial analysis - Sales, Margin, Discount and Inventory related analysis

Range/ Assortment Planning:

• Product-Brand mapping
• Season wise Product Range planning/ Assortment working based on past performance & growth / revenue targets to ensure that the brand is well represented
• Effectively planning and forecasting in order to maximize profitability
• Trend forecasts and implement sales plans
• Actively participate in Brand development/ Range/Product development through analytics-based insights
• Visibility Planning: Category visibility planning & interventions - planning banners for respective brands and raising banner requests on time

Inventory Management:

• Planning for the inventory flow for entire brand
• Work in close coordination with the Planning and Pricing team for optimizing Scale / Inventory/OTB/Capacities.
• Management of OIs / Inwards, Cataloguing and driving and improvising the processes.

Marketplace and Vendor Management:

• Identify gaps in product offerings & subsequently introduce / onboard new vendors across white spaces
• 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.

Qualifications:

• 6+ yrs experience in the buying/ category management role with relevant Accessories (Non apparel category).
• Strong communication and project management skills
• The ability to thrive in a fast-paced, start-up environment
• 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
• 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

Required Skills: Strong analytical skills, project management, vendor management, financial analysis, and communication skills.