Buying & Sourcing Manager

SEVORA is India’s first styling-led accessible-luxury fashion marketplace, pioneering the Try-Before-You-Buy model. We bring curated premium brands, stylist-led personalization, and seamless digital experiences to redefine fashion shopping as elegant, convenient, and risk-free.

Role Overview

The Buying & Sourcing Manager will build Sevora’s curated brand portfolio by sourcing ready-made clothing from established fashion brands and designers. You will ensure the right balance of affordable-luxury, premium, and aspirational brands while negotiating buying, SOR (Sale or Return), consignment, and exclusivity partnerships.

This role demands a mix of trend sensitivity, commercial acumen, and strong brand/vendor relationships to deliver a profitable, fresh, and fashion-forward assortment that aligns with Sevora’s styling-led positioning.

Key Responsibilities

Buying & Sourcing Strategy

• Define and execute Sevora’s sourcing roadmap aligned with brand positioning and customer insights.
• Identify, evaluate, and onboard premium and affordable-luxury brands across categories.
• Negotiate buying, SOR, consignment, and exclusivity deals to optimize risk and profitability.
• Maintain compliance with quality, labeling, and sustainability standards.

Assortment Planning & Forecasting

• Plan seasonal assortments based on trend forecasts, stylist inputs, and sales data.
• Create demand forecasts and OTB (Open-to-Buy) plans to manage budgets and inventory risk.
• Balance core, seasonal, and trending categories to drive discovery and repeat engagement.

Commercial & Pricing Management

• Set margin targets, pricing structures, and markdown strategies.
• Monitor gross margins and negotiate favorable commercial terms with partners.
• Work with finance teams on budget allocation and spend control.

Vendor & Partner Management

• Build strong partnerships with established brands, designers, and distributors.
• Structure vendor contracts covering pricing, credit, returns, and service levels.
• Conduct regular vendor performance reviews (sell-through, OTIF, returns, customer feedback).
• Partner with vendors for exclusive collections, capsule launches, and collaborations.

Cross-functional Collaboration

• Work with stylists and visual merchandising to align sourcing with brand storytelling.
• Collaborate with logistics/ops to ensure on-time deliveries, returns, and reverse logistics under SOR.
• Partner with technology teams to enable smooth onboarding through vendor/ERP systems.
• Provide trend and product insights to marketing for campaign storytelling.

Performance Monitoring & Optimization

• Track sell-through, gross margins, and contribution of sourced brands to revenue.
• Optimize sourcing mix through data-driven insights and customer feedback.
• Benchmark against competitors in pricing, assortment depth, and catalog freshness.

Skills & Competencies

• Strong expertise in fashion buying & sourcing, including SOR/consignment models.
• Proven negotiation and relationship-building skills with premium fashion brands.
• Assortment planning and demand forecasting experience.
• Strong commercial mindset with pricing, margin, and budget management expertise.
• Familiarity with PLM/ERP systems and vendor onboarding platforms.
• Knowledge of sustainability, compliance, and ethical sourcing standards.
• Ability to balance creative curation with commercial targets.
• Trend awareness supported by tools like WGSN, Edited, or Heuritech.

Qualifications & Experience

• Bachelor’s/Master’s degree in Fashion Management, Merchandising, Business, or related field.
• 6–8 years of experience in buying/sourcing for fashion retail or e-commerce, ideally in affordable-luxury/premium categories.
• Experience negotiating SOR/consignment contracts and building strong vendor networks.
• Proven track record of assortment curation, margin management, and vendor partnerships.
• Exposure to premium fashion marketplaces (Myntra, Ajio, Tata Cliq, Nykaa Fashion, Reliance Brands, etc.) is a plus.

KPIs & Success Metrics

• Brand Onboarding: Number and quality of brands onboarded aligned with Sevora’s positioning.
• Profitability: Gross margin %, markdown %, contribution to revenue.
• Vendor Performance: OTIF (On-Time-In-Full) %, sell-through rate, vendor review scores.
• Inventory & Risk: % of inventory under SOR/consignment vs outright purchase; reduction in deadstock.
• Customer Impact: Catalog freshness index, product discovery rates, product satisfaction scores.
• Operational Efficiency: Adherence to sourcing budgets and faster vendor onboarding cycles.

Job Type: Full-time

Pay: ₹80,000.00 - ₹120,000.00 per month

Work Location: In person