Associate - Buying & Merchandising
Bengaluru, Karnataka, India · Full Time
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- Experience
- 1–3 yrs
- Salary
- —
- Openings
- 1
- Posted
- 19 hours ago
- Work mode
- In office
- Education
- Any graduate
- Resume
- Required to apply
Where you'll work
Job description
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.