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