Manager - Buying

Posted 23 Days Ago
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Bangalore, Bengaluru, Karnataka
5-7 Years Experience
eCommerce • Retail
The Role
Responsible for managing business portfolios, optimizing sales, revenue, margins, and growth of categories. In-depth product knowledge, trend forecasting, competition analysis, financial analysis, team management, and vendor management. Building supply chain processes and collaborative partnerships with brands and sales/marketing.
Summary Generated by Built In

Roles:

  • Responsible for managing business portfolios.

  • A comprehensive role which involves all aspects of business –

  • Analytics, financial planning, range planning, sourcing and managing people – vendors & team.

Responsibilities:

  • Responsible to optimize sales for a group of products

  • Revenue

  • Margins

  • Growth of categories

  • Range Planning

  • Product-Brand mapping

  • Product range planning for the category Planning

  • In-Depth Product Knowledge with cost understanding

  • Effectively planning and forecasting in order to maximize profitability

  • Trend forecasts and implement sale plans

  • Competition Analysis with respect to trends and overall assortment matrix

  • Financial analysis - Sales, Margin, Discount and Inventory related analysis

  • Option planning

  • OTB working along with the central planning team

  • Inventory Management

  • Planning for the inventory flow for entire category

  • Team Management

  • Leading a team of designer, factory operations and sourcing

  • Vendor Management

  • Responsible for managing vendors and building the network to ensure that

  • Vendor-Product Mapping

  • Building fabric base, printing base network and vendor base

  • Supply Chain

  • Building processes to ensure the production happens within 30 days from concept to delivery Collaborative Partnership

  • Liasoning with all the brands

  • Co-ordinating with sales and marketing for the growth of category

Qualifications & Experience

  • 5+ years of experience with Fashion Background.

  • Familiarity with category management for relevant category.

  • Understanding of market dynamics and sound business judgement.

  • Ability to negotiate and sustain networking relationships.

  • Comfortable with figures and in collecting, analysing and interpreting data.

The Company
Bangalore, Karnataka
12,800 Employees
On-site Workplace
Year Founded: 2007

What We Do

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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