
Senior Merchandise Strategist
2 weeks ago
Strategic Inventory Manager
At our company, we are on a mission to disrupt the ordinary. As pioneers in fashion e-commerce, we have always believed in thinking creatively and driving innovation. We thrive on a shared passion for fashion, a drive to lead, and an environment that empowers each one of us to pave our own way.
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 constantly evolving into newer and better forms, and we look for people who are ready to evolve with us.
From humble beginnings as a customization company in 2007 to being technology and fashion pioneers today, we are going places, and we want you to take part in this journey with us. Working with us is challenging but fun - we are a young and dynamic team, firm believers in meritocracy, equal opportunity, intellectual curiosity, and empowering teams with the right tools, space, and opportunities.
About the Role:
The Strategic Inventory Manager plays a pivotal role in driving strategic planning initiatives and ensuring operational efficiency across the organization. This position requires a strong foundation in merchandising, inventory management, and data-driven decision-making. You will be responsible for developing and executing planning strategies that align with business goals, optimize inventory flow, and enhance category performance.
Key Responsibilities:
- Inventory & OTB Management: Monitor inventory health and plan inward movement based on GMV, DOH, and STR targets Ensure optimal stock levels to support sales and profitability goals
- Assortment & Selection Planning: Create season-level buy plans and assortment strategies using historical performance and revenue targets Ensure comprehensive category representation across product lines
- Performance Analysis & Optimization: Review style-level metrics including ROS, Sell-through, RPI, and RGM Identify underperforming styles and implement corrective actions
- Category Expansion & Product Gaps: Analyze assortment gaps and recommend brand or category additions to strengthen offerings
- Pricing & Discount Strategy: Collaborate with category teams to secure timely pricing controls (SOR/OR) Drive discounting strategies aligned with profitability and planned STR/GM/RGM
- Merchandising Operations: Oversee inbound planning, cataloguing, and discount monitoring Ensure smooth execution of merchandising workflows with operational excellence
- Process Improvement: Apply a problem-solving mindset to planning challenges Lead and implement process enhancement initiatives to improve efficiency and accuracy
Qualifications & Skills:
- Education: Graduate from a reputable institution
- Experience: 6-7 years (Graduate) or 4-5 years (Postgraduate) in buying/planning/merchandising
- Domain Knowledge: Strong understanding of planning and inventory management (E-commerce experience preferred)
- Technical Skills: Advanced MS Excel: familiarity with SQL is a plus
- Mindset: Customer-centric, analytical, and creative problem solver
- Collaboration: Strong team player with excellent interpersonal and negotiation skills
- Multitasking: Ability to manage multiple priorities and meet deadlines
- Initiative: Willingness to learn, innovate, and take ownership
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