Phoenix Intern - Buying & Merchandising (Accessories)

Job Description

Location : Bangalore Type : Internship Duration : 6 Months About Phoenix Phoenix is Myntra s initiative specifically designed to offer a launchpad to women on career break. It is a six month internship that ensures a conducive environment facilitating a smooth transition back to work. With structured on-boarding, customized learning and development programs, mentorship opportunities, on the job learning and best in class benefits, we aim to provide an environment that is supportive, so that you can re-discover your career with us. During your internship with us, you will get the opportunity to work with the best talent in the e-commerce industry and work on projects that match your interest, abilities and could lead to full-time employment with Myntra. RESPONSIBILITIES : Responsible to optimize sales for a group of products. Creating business plans and strategizing license brands business Understanding the opportunities /white spaces in the business and plan to capitalize the opportunities Engaging with Licensing teams and explore the opportunities Driving all the license brands projects and ensure on time launches Daily tracking of sales - Plan vs Actuals and sharing the same with the team Preparing the monthly sales plan and tracking the same on daily basis Analyzing margins & Discounts Tracking and analyzing the Growth of categories Monitoring the visibility and coordinating with the receptive for promotional activity Interacting with the CDM & category teams for the visibility plan Planning: Effectively planning and forecasting orders to maximize profitability Align overall category level plans and thereby decide on the brand mix and position Financial analysis - Sales, Margin, Discount, and Inventory related analysis Tracking annual operating plan and Monthly plans OTB working along with the central planning team Inventory Management - Take calls liquidation, reduction of slow-moving inventory Range/Product performance analysis Product/style level sales analysis Analyzing the non-performance styles & taking correcting action with the team Tracking sell through of the products Collaborative Partnership Co-ordinating with brand team, sales, and marketing teams for the growth of category Qualifications & Experience : MBA/NIFT with 6+ yrs experience in strategy, Category Management, planning, finance, or related functional areas Strong communication and project management skills Strong Analytical Skills and Process Orientation- Proficiency in MS-Office is must. Knowledge of BI tools/statistics The ability to thrive in a fast-paced, start-up environment Previous experience in retail, e-commerce added advantage Worked in Accessories category would be good (preferably Watches & Wearables). Should have minimum 6 month career gap ,at present. " Who are we? 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.