Associate Buying

Myntra; Bengaluru; On-site; INR 400,000 - 600,000; Full time

Job summary

Myntra is seeking an Associate in Buying & Merchandising in Bengaluru to assist with procurement and promotion of products, ensuring optimal inventory levels and customer satisfaction. You will bring 1 to 3 years of relevant experience and apply analytical skills to support the team.

Join a dynamic, collaborative environment where you will influence product assortments and marketing promotions, while aligning with brand strategy and budget considerations.

Qualifications

• 1-3 years of experience in buying/merchandising.
• Strong analytical skills and forecasting abilities.
• Exposure to vendor negotiations and supplier coordination.

Responsibilities

• Assist in creating and executing buying plans based on trends and demand.
• Analyze sales data and forecasts to optimize inventory and availability.
• Collaborate with suppliers to negotiate contracts, pricing and delivery schedules.
• Monitor product performance and recommend promotions or markdowns.
• Work with merchandising to ensure assortments meet customer needs and brand strategy.
• Conduct competitive analysis to identify growth opportunities.
• Support marketing campaigns and promotions with merchandising data.
• Assist in preparing budgets, financial reports, and inventory projections.
• Stay updated on industry developments and competitor activities.
• Provide administrative support to the buying and merchandising team.

Skills

Analytical mindset

Attention to detail

Vendor negotiation

Collaboration

Tools

MS Excel

Job description

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.

Job Information

As an Associate in Buying & Merchandising, you will play a crucial role in assisting with the procurement and promotion of products to ensure optimal inventory levels and customer satisfaction. With 1 to 3 years of experience in the industry, you will bring valuable insights and support to the buying and merchandising team through your analytical skills and attention to detail.

Key Responsibilities

• 1.Assist in the creation and execution of buying plans based on market trends and consumer demand.
• 2.Analyze sales data and forecasting to optimize inventory levels and product availability.
• 3.Collaborate with suppliers to negotiate contracts, pricing, and delivery schedules.
• 4.Monitor and track product performance, making recommendations for promotions or markdowns as needed.
• 5.Work closely with merchandising team to ensure product assortments meet customer needs and align with brand strategy.
• 6.Conduct competitive analysis to identify market trends and opportunities for growth.
• 7.Support the development of marketing campaigns and promotions in coordination with the marketing team.
• 8.Assist in the preparation of budgets, financial reports, and inventory projections.
• 9.Stay updated on industry developments and competitor activities to inform buying decisions.
• 10.Provide administrative support to the buying and merchandising team as needed.

Overall, as an Associate in Buying & Merchandising, you will contribute to the success of the department by assisting in the strategic procurement and promotion of products to drive sales and meet customer expectations. Your attention to detail, analytical mindset, and collaboration skills will be essential in achieving the team's goals.