Associate - Buying & Merchandising

About the Company

Myntra stands as India's premier fashion and lifestyle platform, blending technology with creativity. As trailblazers in fashion e-commerce, the company thrives on innovation, agile execution, and fostering a collaborative work environment. Since its inception as a customization company in 2007, Myntra has grown into a technology and fashion leader committed to empowering employees and shaping the fashion scene in India.

Role Overview

As an Associate in Buying & Merchandising, you will be integral to supporting procurement and merchandising processes to ensure balanced inventory and customer satisfaction. This position requires 1 to 3 years of relevant industry experience and involves providing analytical insights and operational assistance to the buying and merchandising teams.

Responsibilities

• Support the development and implementation of buying strategies informed by market trends and consumer needs.
• Analyze sales figures and forecasts to maintain optimal stock levels and availability.
• Collaborate with suppliers on contract negotiations, pricing, and delivery timelines.
• Monitor product performance and suggest promotional activities or markdowns.
• Coordinate with merchandising to align product selections with customer demands and brand positioning.
• Perform competitive market analysis to uncover growth opportunities.
• Assist in creating marketing campaigns and promotions alongside the marketing team.
• Contribute to budget preparation, financial reporting, and inventory projections.
• Keep abreast of industry developments and competitor actions to inform buying choices.
• Provide administrative support to the buying and merchandising department.

Skills and Qualifications

• Experience in sourcing and the textile or apparel industries preferred.
• Fundamental knowledge of buying and merchandising processes.
• Strong analytical skills with attention to detail.
• Good negotiation and communication abilities.
• Bachelor's degree or equivalent undergraduate education.