Principal Associate – Buying & Merchandising Full Time NEW

Who are we?

Myntra is India’s leading fashion and lifestyle platform, where technology meets creativity. As pioneers in fashion e-commerce, we’ve always believed in disrupting the ordinary.

We thrive on a shared passion for fashion, a drive to innovate to lead, and an environment that empowers each one of us to pave our own way. We’re bold in our thinking, agile in our execution, and collaborative in spirit.

Here, we create MAGIC by inspiring vibrant and joyous self-expression and expanding fashion possibilities for India, while staying true to what we believe in.

We believe in taking bold bets and changing the fashion landscape of India. 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 humble beginnings as a customization company in 2007 to being technology and fashion pioneers today, Myntra is going places and we want you to take part in this journey with us.

Working at Myntra is challenging but fun – we are a young and dynamic team, firm believers in meritocracy, believe in equal opportunity, encourage intellectual curiosity and empower our teams with the right tools, space, and opportunities.

Principal Associate – Buying & Merchandising

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

• 6 + 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.

Required Skills

Range Planning, Financial Planning, Vendor Management, Stakeholder Management, International Brand Management, Buying & Merchandising

Other Skills

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

Required Education

UG