Lead Associate - Buying

Job Description

Lead Associate - Buying Roles & Responsibilities 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