We are looking for a Senior Manager - Buying & Merchandising to join our team at Myntra. This is a full-time onsite opportunity based in Bengaluru, Karnataka, India. As a Senior Manager, you will be responsible for all aspects of buying and business, including business planning, range planning, financial planning, sales, marketing, and managing stakeholders. You will need to have 4-7 years of experience, with strong exposure in the footwear industry. Your responsibilities will include category management, competition analysis, new product development, sales and inventory management, team and stakeholder management, and driving key initiatives for category growth. Strong analytical and problem-solving skills are required for this role.
Job description
Sr Manager Buying - Footwear Women’s
Role:
A comprehensive role which involves all aspects of buying and business – Busines Planning, Range planning, Financial Planning, Sales, Marketing and managing stakeholders
Responsibilities:
- Business planning and category management for the portfolio
- Annual Operating Plan (Revenue, Margin, Discounts, etc.
- Monthly Operating Plans
- Category / Product / brand specific growth plan
- Category / Assortment / Range Planning
- Developing product assortment strategy at a sub-category level
- Competition analysis to identify gaps and trends;
- Product range and width planning at product category level - # of SKUs, variants, etc.
- Effective planning and forecasting in order to achieve top line goals; OTB working with planning teams
- New Product Development & Projects
- Identifying new product opportunities and assessing commercial feasibility; Developing business plans
- Creating end to end project plans for new product developments / launches; Driving the project management across functions and stakeholders
- Coordinating with sourcing team / vendors / external stakeholders for new product development and launches
- Sales & Inventory Management
- Working with stakeholders with planning, pricing, retail category and central marketing teams for category promotions and sales achievement
- Planning for the inventory flow / DOH for entire category
- Category Health Management – STRs, DOH, Ageing, Portfolio Mix; Review and Course Corrections
- Creating promotion / marketing plans for new product launches; Coordinating with any external agencies as required for promotions
- P&L metrics tracking
- Team / Stakeholder Management - Working closely with sourcing / product development, category, sales and planning teams for delivery of business plans
- Projects– Driving key initiatives / projects for category growth and profitability improvement across planning, sales, product development, etc.; Process Improvement across the value chain
- 4-7 years of experience overall, with good exposure in Footwear
- Experience in at least one of relevant functions any industry in Footwear space - (in retail – category management and planning, brand development / brand management, product development roles)
- Strong understanding of market dynamics and trends
- E-commerce experience preferred
- Good analytical skills - collecting, analysing and interpreting data; Sound problem solving skills
