Introduction
Myntra, India’s leading fashion and lifestyle e-commerce platform, is hiring a **Manager – Buying** for its Private Labels & Licenses portfolio in Bengaluru. If you have expertise in analytics, financial planning, brand strategy, and vendor management, this role offers the perfect platform to drive business growth and innovation in the dynamic world of fashion e-commerce.
Table of Contents
About Myntra
Myntra is a household name in India’s fashion and lifestyle e-commerce space, recognized for its innovative approach and customer-centric services. As part of the Flipkart group, Myntra operates at the intersection of technology and fashion, offering its employees exciting challenges and growth opportunities in a vibrant and fast-paced environment.
Role Overview
The **Manager – Buying** role is a comprehensive position that involves driving key brand performance through analytics, financial planning, range planning, and vendor management. This position plays a critical role in optimizing sales, ensuring category visibility, and driving inventory management to align with Myntra’s business objectives.
Key Responsibilities
Sales Optimization
- Monitor revenue, margins, and category growth metrics.
- Analyze style-level performance metrics like ROS (Rate of Sale), sell-through, and discounts.
- Conduct financial analysis related to sales, margins, and inventory.
Range and Assortment Planning
- Plan season-wise product ranges based on past performance and growth targets.
- Forecast trends to maximize profitability and align with brand strategies.
- Collaborate on product development through analytics-based insights.
Inventory Management
- Plan inventory flow to optimize stock availability and operational efficiencies.
- Work with planning and pricing teams to manage OTB (Open-to-Buy) and capacities.
- Ensure timely cataloging, product uploads, and data accuracy.
Marketplace and Vendor Management
- Identify category gaps and onboard new vendors to address whitespace opportunities.
- Coordinate with marketplace vendors to ensure timely collections and appropriate pricing.
Operational Excellence
- Analyze data to improve discount strategies and customer experience.
- Collaborate with teams for cataloging, product shoots, and content accuracy.
- Continuously improve processes to drive operational efficiencies.
Qualifications and Skills
- 4-5 years of experience in apparel buying, planning, or merchandising (e-commerce preferred).
- Strong understanding of category management, market dynamics, and business judgment.
- Advanced proficiency in MS Excel for data analysis and reporting.
- Experience in marketplace management is a plus.
- Exceptional organizational skills and the ability to meet deadlines.
- Analytical mindset with problem-solving abilities and customer-centric thinking.
- Strong negotiation and networking skills to build vendor relationships.
Why Join Myntra?
- Work with a leading fashion e-commerce platform shaping India’s retail landscape.
- Collaborate in a dynamic, fast-paced environment with ample growth opportunities.
- Be part of a team driving innovation and setting trends in the industry.
- Enjoy competitive compensation and benefits while contributing to a vibrant workplace culture.
Conclusion
The **Manager – Buying** role at Myntra is an exceptional opportunity for professionals with expertise in buying, planning, and vendor management. This position offers the chance to shape brand strategies, optimize category performance, and drive inventory efficiency in a fast-paced and rewarding environment. If you are ready to bring your skills and passion to one of India’s most innovative e-commerce companies, apply today!