JAYESH SHARMA
Sharjah
Summary
Experienced Retail Merchandise Planner with a strong track record in optimizing sales, profitability, and inventory management. I bring more than 4 years of retail expertise and more than 9 years of advanced data analytics skills to the table. Proficient in tools like Advanced Excel, CUBES, MFP, and RMS, I excel in creating adaptive merchandise plans that respond quickly to market trends and consumer preferences. I am known for my proactive problem-solving and collaborative approach. In fast-paced retail environments, I consistently deliver results that positively impact the bottom line, combining retail acumen with analytical precision for success.
Overview
10
10
years of professional experience
Work History
SR. MERCHANDISE PLANNER
PAN HOME
09.2022 - Current
- Improved merchandise planning efficiency by streamlining processes and implementing inventory management software.
- Developed strategic merchandise plans for optimal sales growth and increased profitability.
- Collaborated with cross-functional teams to develop seasonal merchandise assortments aligned with customer preferences.
- Managed OTB budgets and inventory turnover targets to optimize capital use and minimize excess inventory.
- Reduced markdown from 31% to 23%, resulting in an increase in profit for the company
- Achieved a 28% increase in inventory turnover and a 23% improvement in cash flow by reducing inventory cover from 39 to 26 weeks, showcasing effective inventory management.
- Implemented process improvements that reduced stockouts while maintaining optimal inventory levels.
- Proficient in merchandise planning software, advanced Excel, and data analysis tools, such as MFP and RMS, for comprehensive analysis and decision-making.
- Possess strong analytical, communication, collaboration, and adaptability skills.
- Demonstrated expertise in budgeting, including managing OTB budgets and optimizing capital allocation.
ASSISTANT MERCHANDISE PLANNER
REDTAG, BMA INTERNATIONAL
01.2021 - 09.2022
- Coordinated with the Buying team to develop and carry out regular receipt plans modified with item strategies and stock efficiency measurements
- Provided in-depth analyses on fashion, measurement, and price points to support next purchase decisions, ensuring a well-balanced and profitable stock mix
- Analyzed sales data, found opportunities to maximize stock efficiency, and improved in-season performance using the Stock Budgetary Arranging (MFP) framework
- Performed data analysis to assess inventory turnover rates, sales trends, and product performance, giving decision-makers insights
- Supported pricing teams in developing pricing strategies based on competitive analyses, supply and demand dynamics, and desired profit margins
- Analyzed historical data to identify trends in customer purchasing behavior and develop strategies for future assortment plans
- Achieved a 10% markdown reduction, leading to a 7% profit increase, showcasing strong cost management and revenue enhancement.
ALLOCATOR
REDTAG, BMA INTERNATIONAL
07.2019 - 12.2020
- Developed and carried out merchandise allocation plans to ensure the best possible distribution of goods to more than 190 stores based on demand, sales data, and inventory levels
- Inventory levels were tracked and maintained, with 15% less overstock and fewer out-of-stock situations as a result
- Worked cross-functionally to examine sales trends, estimate demand precisely, and match allocation plans with overall corporate goals
- Increased the availability of top selling items from 85% to 95%.
TEAM LEADER - WORKFORCE PLANNING
Course5 Intelligence
02.2014 - 06.2019
- Proficient in the examination of operational data and data mining
- Processes for managing invoices and data forecasting
- Process improvements were found, and cooperation with the operations team towards organizational objectives was formed.
Education
BACHELOR OF COMMERCE -
Subharti University
MeerutSkills
- Data Analysis
- Markdown Strategies
- Cross-Functional Collaboration
- Merchandise Assortment Planning
- OTB planning
- Forecasting
- Strategic Planning
- Demand forecasting
- Competitive Analysis
- Promotional planning
- Stock replenishment
Timeline
SR. MERCHANDISE PLANNER
PAN HOME
09.2022 - Current
ASSISTANT MERCHANDISE PLANNER
REDTAG, BMA INTERNATIONAL
01.2021 - 09.2022
ALLOCATOR
REDTAG, BMA INTERNATIONAL
07.2019 - 12.2020
TEAM LEADER - WORKFORCE PLANNING
Course5 Intelligence
02.2014 - 06.2019
BACHELOR OF COMMERCE -
Subharti University
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