Lead Associate - Category Management
- Myntra
- 2 - 7 years
- Bengaluru
- 2 months ago
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Job Description
- Market Analysis: Conduct market research and analyze customer purchasing behavior, sales data, and competitor activity to identify trends and opportunities.
- Strategy Development: Create and implement data-driven strategies for product assortment, pricing, and promotions to meet business goals.
- Supplier Management: Build and maintain strong relationships with suppliers, negotiate contracts, secure favorable terms, and collaborate on joint business plans.
- Product Assortment & Merchandising: Determine the ideal mix of products within the category, including planning product placement, display, and overall shelf layout.
- Performance Monitoring: Continuously track and evaluate category performance against sales budgets and market trends, making adjustments as needed.
- Sales and Promotion: Develop effective selling and marketing strategies, including promotional events, pricing initiatives, and advertising campaigns.
- Inventory Management: Oversee inventory levels to ensure sufficient product availability while minimizing holding costs and considering lead times.
- Cross-functional Collaboration: Work closely with internal teams, such as sales, marketing, and supply chain, to align category strategies with broader business initiatives.
- Analytical Skills: Ability to interpret market data, sales metrics, and consumer trends to make informed decisions.
- Negotiation Skills: Strong ability to negotiate with suppliers and vendors to secure favorable terms and pricing.
- Strategic Thinking: Capacity to develop long-term plans and strategies to maximize category growth and profitability.
- Communication & Interpersonal Skills: Effective communication to collaborate with internal teams, suppliers, and stakeholders.
- Financial Acumen: Understanding of financial concepts to manage budgets and drive profitability.
Job Classification
Industry: Internet (E-Commerce)Functional Area / Department: Merchandising, Retail & eCommerceRole Category: eCommerce OperationsRole: eCommerce Operations - OtherEmployement Type: Full timeContact Details:
Company: MyntraLocation(s): Bengaluru
Keyskills: market research advertising sales market analysis promotional events supply chain performance monitoring market data merchandising supplier management strategic thinking strategy development category management inventory management
Myntra
Myntra Jabong is India's leading fashion and lifestyle destination with over 3000+ leading national & International brands along with our amazing collection of in- house brands, offering shoppers the latest in fashion and lifestyle space.
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