Inventory Transformation Lead

Role overview

Inventory Transformation Lead at Lenskart

Employment details

• Availability — set fill-rate guardrails, improve forecast accuracy, and build differentiated inventory policies by category and location.
• Location: Delhi

About the employer

• Lenskart is Asia's largest eyewear company, scaling across India and international markets.

Additional role details

• Inventory is one of the most important levers for our next phase of growth, and we're looking for an Inventory Transformation Lead to own it at an enterprise level — balancing availability, working capital, assortment and speed across stores, online, manufacturing and sourcing.
• This isn't a traditional supply chain or planning role.
• You'll bring together Merchandising, Sourcing, Replenishment, Manufacturing, Technology and Finance to set the inventory envelope, drive integrated planning, and shorten the journey from product idea to customer availability.
• Technology is an enabler here — the goal is to change business outcomes.
• What You'll Own
• Inventory Productivity — reduce Days on Hand and grow inventory turns; cut ageing, obsolescence and markdowns through category-level guardrails.
• Inventory Envelope & Open-to-Buy — set budgets by category and channel, establish OTB and safety-stock guardrails with Merchandising and Finance, and arbitrate trade-offs between assortment, availability and margin.
• Speed-to-Shelf — cut idea-to-shelf and procure-to-availability lead times across India manufacturing, the China JV and third-party sourcing.
• Working Capital — partner with Finance to release cash from excess inventory and evaluate every decision on both P&L and cash impact.
• Integrated Business Planning — lead the monthly IBP / inventory review, giving leadership one fact-based view of demand, supply and capacity.
• Who We're Looking For A business-oriented inventory / planning leader – who is outcome-driven, commercially sharp, and comfortable saying “no” when the economics don't work.
• 10–15 years of experience in inventory, merchandise or supply planning, including senior/leadership stints owning enterprise-level outcomes.
• Significant experience in inventory, merchandise or supply planning, IBP, or inventory transformation, with clear ownership of outcomes like DOH, turns, working capital or fill rate.
• Comfortable with high SKU complexity, multiple channels and assortment lifecycle — from fast fashion, omnichannel retail, quick commerce, consumer electronics or strong-IBP FMCG backgrounds.
• Strong grasp of OTB, budgeting, allocation, replenishment, forecasting and ageing, and a track record of influencing Merchandising, Sourcing, Manufacturing and Finance without owning them.
• Has personally reduced inventory while holding or improving availability, and can point to the specific decisions that drove it.
• How Success Will Be Measured Inventory turns / DOH Availability / fill rate Ageing & markdown Cash released from inventory Forecast accuracy / bias Idea-to-shelf lead time Availability acts as a guardrail — inventory productivity should never come at the expense of customer experience.
• What Will Make You Stand Out
• You can state what DOH was when you started, what it became, and the specific decisions that drove the change.
• You've released working capital through structural change — not one-time inventory clean-ups.
• You've challenged a buying or inventory decision because the economics didn't add up, and made it stick.