Lead Associate - Buying

About Myntra

Myntra is India's premier fashion and lifestyle platform, merging technology with creativity. Recognized as leaders in fashion e-commerce, the company continually disrupts norms and champions innovation. Rooted in a passion for fashion and a collaborative spirit, Myntra promotes an environment where individuals are empowered to carve their unique paths. The company's philosophy involves bold thinking, agile execution, and fostering a culture of joyous self-expression while broadening fashion horizons in India. Established in 2007 as a customization firm, Myntra has evolved into a technology and fashion pioneer and seeks driven individuals eager to grow alongside it.

Role Overview

The Lead Associate - Buying holds a pivotal position in the procurement operations, responsible for supporting the sourcing, negotiation, and purchasing of essential goods and services to satisfy organizational needs. This role demands efficient coordination with the procurement team and key stakeholders to ensure quality, timely delivery, and cost-efficiency.

Key Responsibilities

• Work collaboratively with procurement colleagues to determine precise purchasing needs and specifications.
• Identify and assess suppliers according to their quality standards, cost-effectiveness, and speed of delivery.
• Engage in contract negotiations with vendors to obtain advantageous terms and agreements.
• Oversee inventory to guarantee timely restocking aligned with demand forecasts.
• Analyze market trends continuously to drive informed buying strategies.
• Partner with stakeholders to comprehend their preferences and product requirements.
• Adhere strictly to organizational policies and compliance norms in all purchasing undertakings.
• Produce reports detailing buying patterns and expenditure insights for strategic decisions.
• Participate in initiatives aimed at cost reduction and procurement process enhancements.

Required Skill Set

• Expertise in buying and assortment planning