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    Lenskart

    Eyewear Retail

    Owndays - Buying and Planning Lead

    Delhi, IndiaOn-SiteFull-timePosted 1mo ago
    All Lenskart jobs

    Job description

    Mission Brief: Build the Intelligence Layer That Moves Owndays' Global Merchandise

    Owndays is a global eyewear brand with a rapidly expanding footprint across Asia, the Middle East, and beyond. Operating

    an integrated value chain across design, manufacturing, retail, and e-commerce, Owndays is building a tech-enabled, data-

    led omni-channel business. With thousands of SKUs and a complex supplier network, we are reimagining how merchandise

    flows — from vendor to warehouse to customer — with intelligence, precision, and speed.

    This is not a role about managing stock. It is about building the intelligence layer that ensures the right product is in the

    right place at the right time — powered by data, driven by AI, and led by you. As Buying, Planning & Merchandise Lead, you

    will own the strategic and operational command of Owndays' end-to-end merchandise flow — from demand sensing and

    OTB to vendor capacity and warehouse inflow — turning raw signals into precision decisions and transforming

    replenishment from reactive to predictive.

    This is a hands-on leadership role that will require needs-based travel across Owndays' geographies — to work directly with

    vendors, manufacturing partners, warehouses, and regional teams as the business demands.

    Core Mandate: Turning Merchandise Flow Into a Data-Led Advantage

    1. Demand Forecasting & S&OP

    • Global Forecast Ownership: Own demand forecasting across all categories, channels, and regions — frames, lenses,

    sunglasses, and accessories.

    • Forecast Accuracy: Drive forecast accuracy through disciplined S&OP cycles, sell-through analysis, and seasonality

    modelling; set and own MAPE/WAPE targets that are best-in-class for a retailer of Owndays' complexity.

    • One Demand View: Translate top-down financial plans and bottom-up category plans into a single, executable

    demand view.

    • ML-Driven Sensing: Lead the adoption of machine learning-based demand sensing tools; partner with Data Science

    and Engineering to sharpen algorithms and replenishment triggers.

    2. Open-to-Buy & Buying Planning

    • OTB Ownership: Own the Open-to-Buy process end-to-end — building, tracking, and re-forecasting across seasons.

    • Inflow & Assortment Planning: Manage inflow planning, phasing, and depth-vs-breadth decisions aligned to sales,

    stock cover, and margin targets; partner with buying and category teams to convert assortment plans into actionable

    buy quantities.

    • Dynamic Forecasting: Move the organisation from static planning models to dynamic, AI-assisted forecasting that

    responds in real time to demand signals and fashion cycles.

    3. Vendor Capacity Planning & Procurement Intelligence

    • Capacity Planning: Lead capacity planning with the vendor base — aligning monthly and weekly production capacity

    with the demand plan, locking capacity ahead of peak periods, and managing flex during demand swings.

    • Vendor Visibility: Build visibility into vendor performance across capacity utilisation, on-time delivery, and fill rates.

    • Data-Backed Negotiation: Bring data to every sourcing negotiation, balancing Economic Order Quantities with the

    speed demands of a fashion-adjacent business, and build the supplier frameworks that make Owndays' supply

    relationships a genuine competitive advantage.

    4. Lead-Time Reduction & Inflow Management

    • Cycle Time Reduction: Drive reduction of lead times across the vendor-to-warehouse cycle through better planning

    rhythm, order release discipline, and vendor collaboration.

    • Inbound Predictability: Improve PO-to-receipt timelines, in-transit visibility, and warehouse inbound predictability.

    • Network Smoothing: Work with logistics and warehousing teams to smooth inflow, reduce bullwhip effects, and

    improve network-wide service levels.

    5. End-to-End Inventory Operations

    • Full Lifecycle Ownership: Own the full inventory lifecycle — from purchase order strategy to stock monitoring, cycle

    integrity, and shrinkage controls.

    • Systems & Accuracy: Leverage ERP/WMS platforms to drive 98%+ inventory accuracy while continuously eliminating

    process waste through automation and lean principles.

    • Inventory Health: Own inventory health across warehouses — turns, cover, ageing, excess — and drive allocation and

    replenishment models that maintain availability with controlled markdowns.

    • Scalable Guardrails: Design systems and guardrails that scale as the business expands across new geographies.

    6. Cross-Functional Leadership & Data Culture

    • Commercial Partnership: Partner with Retail Operations, Merchandising, Finance, E-commerce, Sourcing, and

    Manufacturing to ensure inventory strategy serves commercial goals.

    • Leadership Communication: Present insights, KPIs, and strategic recommendations to senior leadership with clarity

    and conviction.

    • Team Building: Build, mentor, and lead a high-performance planning and merchandise supply chain team.

    • Data-First Culture: Make data-driven inventory decisions the organisational norm — bring the wider team along on

    the journey from intuition to intelligence.

    The Essentials

    • Experience: Proven experience in inventory management, merchandise planning, buying planning, or supply chain

    roles, including at least 5 years in a strategic leadership capacity.

    • Track Record at Scale: Demonstrated experience in high-SKU, omni-channel, or retail-at-scale environments,

    spanning demand forecasting, OTB management, vendor capacity planning, and lead-time reduction.

    • Commercial Acumen: Strong understanding of inventory turns, fill rates, markdowns, and working capital.

    • Technical Depth: Hands-on fluency with ERP/WMS platforms and advanced analytics tools (e.g., SAP, Oracle,

    Anaplan, or equivalent), with practical experience applying forecasting methodologies — time-series, statistical, ML-

    assisted — to real inventory decisions.

    • Domain Exposure: Background in retail, eyewear, fashion, consumer goods, or another fast-moving category with

    high SKU complexity; exposure to automated warehouses, phygital retail models, or in-house manufacturing

    ecosystems is a strong advantage. Consulting backgrounds are welcome, provided they come with deep operational

    exposure.

    Education

    • Bachelor's degree in Supply Chain, Engineering, Operations Research, Business, or a related quantitative

    field; an MBA or advanced degree is preferred.

    • Travel: Willingness to travel on a needs basis across global markets to work directly with vendors, manufacturing partners, and regional teams.

    • The Mindset

    • AI-Native Thinking You don't just use data — you build systems that generate it, interpret it, and act on it, and see

      merchandise planning as a technology problem as much as an operations one.

    • Precision at Scale You are energised by complexity — millions of SKUs, hundreds of vendors, multiple geographies —

      and bring rigour and clarity to decisions others find overwhelming.

    • Ownership Mentality When a stockout happens or inventory turns slip, you take responsibility for solving it and hold

    • yourself and your team to a high standard.

    • Builder's Drive You want to design new systems, challenge legacy processes, and leave behind a playbook that didn't

      exist before you.

    • Versatile Communication You can walk a boardroom through working capital strategy and walk a warehouse floor

      with equal ease

    Job details are sourced from the employer's original posting.

    Open job posting
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    About the company

    Lenskart

    Lenskart is an online eyewear retailer offering a wide range of spectacles, sunglasses, and contact lenses.

    View all Lenskart jobs
    Industry
    Eyewear Retail
    Open roles
    87

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