To secure a challenging position in a reputable organization to expand my learning, knowledge, and skills along with demonstrated history of working in the retail industry. Skilled in Planning, Buying, Forecasting, Merchandise Financial Planning, Assortment Planning, Trend Analysis, Budgeting, Data Analytical Skills, Inventory Management, Sale and Stock Analysis, Margin Management, Microsoft Excel, MS Word, MS Power Point and Oracle Retail Merchandising System. Strong professional with a Master of Science (MSc) focused in Business Statistics and Management from University of the Punjab, Lahore.
•Create seasonal financial plans to guarantee optimal inventory investment, increase merchandise flow and shrink markdowns to maximize profitability.
•Prepared every fiscal year wise Merchandise Financial Plans on middle-out/bottom-up level which comprises of Sales forecast, Gross Margins, Inventory, Receipts and markdowns on week and month level of assigned category.
•Analyze and reporting of all characteristics of the business including sales, margin, promotions, inventory, markdowns and product specific strengths, opportunities, gaps and risks.
•Prepared pre-season Assortment Planning on class wise comprises of Store Clustering, Assortment Strategy, Assortment Creation which is resulting systematized allocation and replenishment.
•Manage the Open to buy of category to purchase and prepare forecasts, action plans to capitalize festival and seasonal trends and evaluate profitability for in-season sales and inventory performance to recommend further strategy for the assigned category.
•Develop SKU level pricing recommendations and strategies along with costing to maximize profitability with the gross and net margin management align with the financial plan of the category.
•Collaborate with the Merchant team to create seasonal assortment plans, develop segment wise projections, item counts and depth with analyzing past trends for preseason planning.
•Monitor stock movement and consider markdowns, promotions, price changes, clear outs and develop direct reports and communicate item-level promotional and markdown strategies on a seasonal basis.
•Prepared monthly pre-season distribution and in-season replenishment plans on the basis of right product, store location, store size and customer demand by analyzing sale targets, stock standards and NDIs for each shop to ensure accurate allocation and replenishment of SKUs with the collaboration of stock distribution team.
•To maintain NDIs of stores make transfers proposals of inventory from store to store within district.
• Worked on Women Closed shoes Category of \"Servis\" in Retail Merchandising department.
• Analyzing past sales figures/trends to anticipate future product
• Devising a merchandising plan using the above
• Communicating the merchandising plan to the buyer, who can then decide what products, styles, colors etc. to purchase from which suppliers.
• Allocating certain amounts of stock to each outlet throughout the season to minimize unnecessary stock holdings for maximum turnover.
• Once the products are distributed and put on sale then monitor stock movement, consider markdowns, inter-store transfers, promotions or
• Liaising with the store managers and district managers to ensure the products are presented to potential customers in the most attractive manner possible.
• Review key business reports to measure assortment planning effectiveness and as basis for future season planning and prepare analysis of business trends including category performance on regional level, Cluster wise and store size selling.
• Created Purchase Orders with all the details of product and delivery schedules subsequently follow up vendors in respect of the outstanding stock.
• Recommend strategies based on current category performance and communicate hits, misses and go forward strategies to cross-functional team and analyzing every aspect of best sellers and ensuring that they reach their full potential and monitored sluggish items for taking action to improve performance.
• Tracking inventory, carrying movable products and observing financial results to ensure solid finance plans of assigned category including transparency on forecasts, gaps, risks and opportunities.
• Liaising with the store managers and district managers to identify product performance and ensure the products are presented to potential customers in the most attractive manner possible.
• Present weekly/monthly “Performance Review” report to Senior management with reasoning and recommendations for future action plans.
• Women and Girls Shoes Category of Retail CALZA Chanel.
• Work with Merchants and Sourcing to effectively manage flow of inventory into the warehouse
• Develop direct reports
• Develop and communicate item-level promotional and markdown strategies on a seasonal basis
• Monitor stock movement and consider markdowns, promotions, price changes, clear outs etc.
• Analyze product performance and drive recommendations on future assortments.
• Analyzing every aspect of best sellers and ensuring that they reach their full potential
• Monitoring slow sellers and taking action to improve performance
• To prepare monthly pre-season distribution and in-season replenishment plans on the basis of products, stores and warehouse by providing sales targets with stock standards for each planned SKU.
• Ensured the availability of right product at the right place at the right time.
• Collaboration with the planners and merchants to ensure that the stocks are delivered on time to prevent any stock outs.
• Allocate and replenish stock of assigned category to the stores from the warehouse to maintain NDIs of the all shops in Pakistan.
• Prepared Store wise Sale and stock reports with analyzing past sale trends to monitor NDIs to control surplus and shortage of stock on store level.
• Monitor NDIs of the shops subsequently make transfers of inventory from the warehouses to the stores and store to store to retain stock levels on the each shop nationwide.
• Ensure the availability of never-out-of-stock items at the stores and manage reductions on stock for fast liquidations on store level.
• Coordinate with the planners to provide relevant inventory data on shop wise for analysis and actively track the sales and movement of stocks to ensure the availability of real time data.
• Allocate inventory to stores efficiently and effectively to avoid any stock outs resultantly increase sales.
• Carry out any other activity assigned by the manager.