Jitendraa Singh

Jitendraa Singh Email and Phone Number

IIMK I Consultant in Strategy Management |Merchandise Planning | Financial Planning|
Jitendraa Singh's Location
Bengaluru, Karnataka, India, India
About Jitendraa Singh

Sales & RevenuePrepare & achieve sales budget of the Concept.managing and motivating a team to increase sales and ensure efficiency;managing stock levels and making key decisions about stock control;analysing sales figures and forecasting future sales volumes to maximise profits;analysing and interpreting trends to facilitate planning;using information technology to record sales figures, for data analysis and forward planning;maintaining awareness of market trends in the retail industry, understanding forthcoming customer initiatives and monitoring what local competitors are doingSpecialties: Retail Store Operation, People Management,Merchandising, Export-Import Documentation

Jitendraa Singh's Current Company Details

IIMK I Consultant in Strategy Management |Merchandise Planning | Financial Planning|
Jitendraa Singh Work Experience Details
  • Shoppers Stop
    Category Planning Manager Men'S Wear
    Shoppers Stop Aug 2022 - Mar 2024
    India
    Budget Management In season and Pre-Season•Developing of a strategic merchandise budget factoring historical data along with buyer feedback in order to enhance the product performance and sales margins.•Pre/In Season Management•Taking full responsibility and accountability for the productive management of quantitative allocation of inventory in order to meet sales, return on inventory investment (ROI), gross profit and gross margin budgets•Analyze and evaluate a range of historical data to develop a balanced assortment plan, based on past trends and aligned to current strategy.•Ensure that the assortment plans are in line with the Chain merchandise strategy•Analyze and evaluate past store/product performance and consider trends, supplier efficiency, lead times and store profiles when making recommendations for future buying plans•Prepare and monitor OTB to ensure that orders are placed timeously and according to assortment plans.•Prepare and propose seasonal budgets derived and validated on MPF at concept or territory level to match the financial targets set for sales, opening, or closing stocks, inflows, forward covers and sales margins etc.•Forecast sales based on current trends to control OTB.•Prepare post seasonal analysis of past performance at concept /territory levels to ensure analyze the product performance.•Manage in season markdowns to reduce stock levels on slow moving styles.•Monitor orders and ensure the merchandise is delivered on a timely basis, and in line with the service level agreements in order to ensure compliance with buying plans.Assortment Planning: - Carry out assortment planning to ensure balance assortment for the forth coming season.Mark down & Promotions: - Analyze promotions and events and communicate the performance results to the respective department to analyze sale.People Management: - Manage the team by mentoring and coaching team members to ensure a trained workforce.
  • Max Fashion
    Category Planning -Woman Western Wear
    Max Fashion May 2019 - Jul 2022
    Bengaluru, Karnataka, India
    Women's Western wear Category PlanningMerchandise Financial, Strategic and Assortment Planning.• Maximize Sales and profitability for the department/category.• Provide sell thru and Productivity analysis of the season.• Prepare and maintain department/category merchandise MIS analytics based on actual sales, sales forecasts, company order parameters, inventory checks, forth coming events, replenishment needs etc.• Assist in the creation of merchandise plans for the category based on insights gained from merchandise analytics, customer preference, historical trends and future outlook projected by the buyer.• Assist in discussing, deciding and freezing the department/category merchandise strategic plans of - Sales, OTB, Stock; Sub-Group level Sales, Order Quantity, Allocation, and Replenishment to stores.• Communicate the merchandise strategic plan to buying team for necessary execution.• Ensure effective in season management across territories (stock balancing, markdown management, stock analysis, stock vs sales performance)• Help review the merchandise plans on a periodic basis to ensure profit is maximized and maintained to reach target levels.• Sell thru review and corrective action on FMS & SMS.• Regularly collect and analyze product feedback from the Retail teams.
  • Reliance Trends - India
    Manager- Merchandise Planning
    Reliance Trends - India Apr 2015 - May 2019
    Bangalore Area, India
    • Merchandise Financial, Strategic and Assortment Planning.• Maximize Sales and profitability for the department/category.• Provide sell thru and Productivity analysis of the season.• Prepare and maintain department/category merchandise MIS analytics based on actual sales, sales forecasts, company order parameters, inventory checks, forth coming events, replenishment needs etc.• Assist in the creation of merchandise plans for the category based on insights gained from merchandise analytics, customer preference, historical trends and future outlook projected by the buyer.• Assist in discussing, deciding and freezing the department/category merchandise strategic plans of - Sales, OTB, Stock; Sub-Group level Sales, Order Quantity, Allocation, and Replenishment to stores.• Communicate the merchandise strategic plan to buying team for necessary execution.• Ensure effective in season management across territories (stock balancing, markdown management, stock analysis, stock vs sales performance)• Help review the merchandise plans on a periodic basis to ensure profit is maximized and maintained to reach target levels.• Sell thru review and corrective action on FMS & SMS.• Regularly collect and analyze product feedback from the Retail team
  • Pantaloon Retail India Ltd
    Category Manager-Men'S South Zone
    Pantaloon Retail India Ltd Sep 2011 - Mar 2015
    Bangalore
    • Handling Mens Category for South Zone Sales and Stock Analysis Periodic Analysis of Sale against Budgets and Last year Analysis of Stock on floor against the Ideal display (MDQ). Track Inventory flow from Warehouse to Store and vice versa (RTV). Review of base stock and the reorder and replenishment Range Plan Build category/Brand/Store level plan (Qty & Options) SPF MPF analysis Sell Thru Analysis• Inventory Stock Optimization• Category Promotions• In season Management
  • Lifestyle International Pvt Ltd
    Assistant Concept Manager
    Lifestyle International Pvt Ltd Dec 2010 - Aug 2011
    Bangalore
    Manage concept for daily operation, people management, Inventory control,• Managing and motivating a team to increase sales and ensure efficiency;• Achieving sales budget month by month more than 100%.• Managing stock levels and making key decisions about stock control;• Analyzing sales figures and forecasting future sales volumes to maximize profits;• Analyzing and interpreting trends to facilitate planning;• Using information technology to record sales figures, for data analysis and forward planning;
  • Vishal Ratail Ltd
    Assistant Store Manager
    Vishal Ratail Ltd Aug 2008 - Nov 2010
    New Delhi Area, India
    Job Description:-ASMRoles & responsibilities:Sales & Revenue Prepare & achieve sales & expenditure budget of the Concept..Plan & achieve margins to achieve bottom line.Implementing measures of cost control & developing new avenues for promoting the business.Operation:-Ensuring regular audits & reviews to meet desired standards.Coordination with different departments for operations effectiveness.Inventory ManagementCoordination with warehouses for stock movements.Ensuring the optimum stock levels through efficient ordering system.Ensuring minimal shrinkage.Regular stocks take for matching the correct Inventory.People ManagementDevelop & maintain a motivated and enthusiastic team for achieving and exceeding targets.Responsible for grooming and development of staff for future roles.Marketingmarketing strategies.Customer ServiceCustomer relations management.Resolving customer complaints
  • Vishal Ratail Ltd
    Buying & Merchandising
    Vishal Ratail Ltd Apr 2007 - Jul 2008
    New Delhi Area, India
    Job Roles and Responsibilities: - • Sourcing Men's Apparel from Export Houses of Bangalore, • Planning of merchandise with term wise and season wise. • Create menu with term wise. • Planning of purchase requisition. • Finalization of merchandises financial objectives & plan. • Develop an assortment plan. • Allocating of merchandise to Zone and Stores. • Planning of merchandise as per demand at store level and supply from vendors. Supply Chain Management: - • Ensure safety stock in the DC's. • GRC of all articles for the term wise done in the DC's within the stipulated time. • Communication with other departments regarding the front-end merchandises that is marketing and product display, Visibility at the Store Level. • Damage and lead stock killing processes. • Marketing and promotion of merchandise category. • Taking requirement from the zones and stores and dispatch their requirement as per their requirement.

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Jitendraa Singh's current role is IIMK I Consultant in Strategy Management |Merchandise Planning | Financial Planning|.

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