Shireesh Annam

Shireesh Annam Email and Phone Number

Co-Founder, Chief Product Officer @ Sonans AI
Orlando, FL, US
Shireesh Annam's Location
Greater Chicago Area, United States, United States
Shireesh Annam's Contact Details
About Shireesh Annam

As a C-level executive, my hallmark is my ability to listen to customers and chart the most effective path to achieving outstanding long-term performance results for customers, associates, and investors.With over 15 years of experience in merchandising, sales and operations planning, inventory management, and supply chain management across the retail and consumer products industries, I have held various executive leadership positions with P&L management responsibilities of up to $2 billion and have led diverse, multi-site, large global teams. My expertise extends to leadership in technology, finance, and enterprise strategy, with a focus on transforming retail omni-channel operations.As a highly accomplished leader, I have a proven track record in transforming organizations. I have led cross-functional teams, including IT, HR, and AI engineering teams, in product management and go-to-market processes to deliver customer-focused innovations. My leadership style blends strategy, operations, and technology, using both analytical skills and emotional intelligence to motivate teams and drive business growth.Currently, I am the SVP of Merchandise Planning & Inventory Management at Claire’s, Inc. In this role, I am driving the growth and transformation of the enterprise and merchandising divisions to accelerate the growth for the brand. My achievements include implementing omni-channel inventory management, leading enterprise transformation for enhanced Category Management, and efficient Supply Chain operations globally.Previously, as VP of Merchandise Planning & Allocation at Burlington Stores, Inc., I played a crucial role in introducing customer-centric processes and technology to achieve merchandise localization. As a key executive officer, I led merchandise planning, inventory management, and new store launches. Notable achievements include improving assortment breadth and profitability using AI, and driving e-commerce growth with a 2.5x revenue increase. Before Burlington, I established a strong foundation in technology and business strategy development. After launching, bootstrapping, and negotiating the sale of a technology company in India, I joined Deloitte. There, I gained extensive cross-industry and cross-functional experience, spanning sales, marketing, supply chain, and finance, and contributed to growth strategies with billion-dollar impacts.An electrical engineer and MBA by formal academic training, I combine an ability to resolve complex, multifaceted challenges with the soft skills needed to inspire large teams to action quickly.

Shireesh Annam's Current Company Details
Sonans AI

Sonans Ai

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Co-Founder, Chief Product Officer
Orlando, FL, US
Website:
sonans.ai
Employees:
11
Shireesh Annam Work Experience Details
  • Sonans Ai
    Co-Founder, Chief Product Officer
    Sonans Ai
    Orlando, Fl, Us
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  • Claire'S
    Senior Vice President, Merchandise Planning & Inventory Management, Merchandise Operations
    Claire'S Sep 2021 - Present
    Hoffman Estates, Il, Us
    As a key executive leader for the Claire’s brand globally, I am responsible for sales and operational planning across Bricks-and-Mortar, E-Commerce, Consumer Products, and Wholesale channels.I provide executive leadership to a diverse, multi-site, international team, driving the strategy and execution of all aspects of business planning. This encompasses category management, demand and supply planning, strategic pricing and promotions, allocation & replenishment, enterprise transformation, and supply chain operations. Additionally, I lead cross-functional teams, including IT, HR, and engineering teams, on go-to-market processes and systems product management to deliver customer focused innovations.— TOP CONTRIBUTIONS TO DATE —• Positioned best-in-class omni-channel planning (CPFR, S&OP, S&OE) for an SKU-intensive, fast-fashion business to create monthly financial plans for a global catalog of SKUs across xx thousand stores worldwide. Key efforts led to adding $xx million to cash flow (confidential double-digit figures).• Led a significant enterprise transformation to establish a consumer-focused supply chain using Blue Yonder applications to optimize inventory levels from supplier to shelf. Secured $xx million funding from the Board to implement ERP and Supply Chain applications, aimed to reduce inventory by $xx million and achieve $xx million cash margin expansion.• Played a pivotal role as Lead Product Architect, leveraging technology to boost sales and optimize inventory, and launched successful end-to-end omni-channel applications and processes for assortment planning to effectively manage product lifecycle of xx thousand SKUs globally.• Implemented strategic planning and inventory management initiatives to rapidly grow the Consumer Products business 5-fold from $xx million. Reorganized the team, overhauled demand planning and inventory management practices for xx thousand doors, curating assortments to reduce SKU portfolio right-size working capital.
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  • Sonans Ai
    Board Member
    Sonans Ai Apr 2024 - Present
    Sonans is an autonomous AI and LLM platform for the creative workforce. Founded by alumni from Meta and Google, I am advising the Founder CEO on go-to-market strategies, product road-map development, sales and marketing enablement, and the commercialization of enterprise software.
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  • Several Startups
    Angel Investor
    Several Startups Jan 2024 - Present
    Global, Network, Us
    Investing primarily in start-ups focussed on solving product development and business operations using Artificial Intelligence
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  • Burlington Stores, Inc.
    Vice President, Planning & Allocation
    Burlington Stores, Inc. Apr 2016 - Sep 2021
    Burlington, Nj, Us
    Promoted to deliver explosive growth through merchandise localization, I’ve developed a range of strategic initiatives, both short-term, and long-term, that have contributed to the company’s $1+ Billion growth during my tenure in Merchandise Planning & Allocation.As VP, with P&L accountability, I led various functions of increased responsibility during tenure, including merchandise planning, inventory management, demand forecasting, new store planning and launch, supply chain operations, and merchandise transformation.In these leadership roles, I’ve leveraged my technology expertise and business strategy background to propel the revenue and profit growth while strengthening my ability to think disruptively and drive large-scale transformation touching people, processes, and technology. — TOP CONTRIBUTIONS TO DATE —• Delivered annual and seasonal merchandise financial plans, creating and executing new merchandising strategies as P&L leader for multi-billion dollar revenue and margin, and consistently outperformed sales targets. Numbers withheld due to confidentiality.• Strengthened our foothold in the market, launching 360+ new stores in 37 states with game-changing merchandising processes that pushed performance significantly above competitors.• Set the company on a long-term growth trajectory to become a best-in-class retailer by creating and gaining Board-level buy-in for, and executing transformation of merchandise planning that represented the largest enterprise transformation to date, spanning people, processes, and technology. Completed the project within a three-year timeline and on time and within budget.• Built a demand planning solution using Machine Learning that looks millions of data points daily to determine where to allocate the product to drive incremental sales. Lead the data science and measurement teams, situated globally, that run this critical function.
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  • Burlington Stores, Inc.
    Director, Merchandise Localization, Planning & Allocation
    Burlington Stores, Inc. Apr 2014 - Mar 2016
    Burlington, Nj, Us
    After developing Burlington’s blueprint to grow the business by location in my previous role, I was promoted to lead the implementation.The plan consisted of a customer-centric approach to merchandising and localization and I’m proud to have seen it through and to have contributed to the company’s explosive growth (specific figures are confidential).— TOP CONTRIBUTIONS —• Played a key role in the company’s total yearly growth with dramatic improvements to the bottom line by optimizing the merchandise assortment offering and maximizing ROI by location from legacy planning and allocation systems.• Returned a derailed queue merchandise business to a growth trajectory—an effort that tripled revenue and drove profits to new heights with an optimized portfolio, upgraded replenishment processes, and a stronger team. • Advanced into 5 new markets, launching 25 new stores per year, delivering revenue gains while competitors stumbled.• Led a serious E-Commerce growth effort by launching demand planning and allocation that overcame the challenge of wholesaler restrictions.
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  • Burlington Stores, Inc.
    Manager Of Strategy
    Burlington Stores, Inc. Dec 2011 - Mar 2014
    Burlington, Nj, Us
    As the early employee of Burlington’s Strategy group, I was tasked with leading the development of executable U.S. expansion strategies with companywide impact.My first initiatives with the company garnered multiple CEO awards and I was quickly seen as a trusted leadership advisor.— TOP CONTRIBUTIONS —• Improved new store ROI by double digits by carefully targeting and saturating priority markets, involving a solid real estate strategy.• Transformed the business culture into a metrics-focused one, eliminating gut-based decision making by introducing A/B testing methodologies, customer-insights driven ROI, and purchase funnel metrics.• Delivered many Burlington’s long-term strategic growth opportunities, that drove significant same-store sales by leading & managing cross-functional teams across all levels of the organization.
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  • Deloitte Consulting
    Senior Consultant, Strategy Practice
    Deloitte Consulting Sep 2009 - Dec 2011
    Worldwide, Oo
    Hired right out of my MBA program to join Deloitte’s Strategy and Operations practice, I was challenged to resolve complex problems in strategy, working in collaboration with senior executives of multibillion-dollar organizations.This experience truly propelled my career and gave me broad exposure across functions and industries, and earned me many top performer awards for leading high-performing strategy teams.— TOP CONTRIBUTIONS —• Developed a 10-year roadmap involving a global product-expansion strategy for a Fortune 50 consumer packaged goods company, estimated to deliver $1B in annual revenue.• Sharpened the competitive edge for a Fortune 50 healthcare company through M&A-focused growth. Led due diligence on a $2B acquisition and crafted a product portfolio & pricing strategy overhaul that delivered $400M in the 1st year alone. Delivered millions in cost reduction and incremental profits through a solid product-launch strategy.• Led a comprehensive operational overhaul of the retail operations of a Fortune 20 client that led to millions in incremental revenue.
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  • Nationwide Insurance, Center For Advanced Customer Insights
    Marketing Strategist
    Nationwide Insurance, Center For Advanced Customer Insights Sep 2008 - Jun 2009
    Us
    While doing my MBA at the Ohio State University, completed internship as part of being awarded the Fisher IMS Service Economy Scholarship by the Fisher College of Business. Collaborated on strategic marketing projects fully leveraging consumer insights to support Nationwide management in decision making and improving business performance.— TOP CONTRIBUTIONS —• Designed marketing analytics and data models to enhance Nationwide’s insight and understanding of consumer behaviour and purchasing patterns.• Developed behavioural analytics based marketing strategy for improving effectiveness of direct mail campaigns for new customer acquisition.
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  • Verides Technologies
    Founder & Ceo
    Verides Technologies Nov 2005 - Jul 2007
    After seeing a clear market opportunity to offer more affordable, locally-sourced defense electronics in India, I launched and bootstrapped this technology startup selling proprietary high-tech embedded technologies from the ground up. This experience helped me to gain an entrepreneurial and P&L outlook and gave me confidence when building relationships at the highest levels of business and government.— TOP CONTRIBUTIONS —• Led all aspects of the business and product strategy. Positioned the company for growth and then negotiated its sale.
  • Larsen & Toubro Limited
    Product Manager
    Larsen & Toubro Limited Jun 2004 - Oct 2005
    Mumbai, Maharashtra, In
    As my first job out of college, this experience taught me how to think about what the customer needs and how to work with developers to build a successful product. I learned that when creating a roadmap, everything must be sustainable or else it will lose relevance—knowledge that I have applied throughout my career as I’ve developed strategic initiatives. — TOP CONTRIBUTIONS —• Executed product management, design, and development of defense-systems-graphics technology.• Assumed additional responsibilities to manage the design team, engage in business review cycles, liaise product revisions with R&D and marketing departments.
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  • Inria Lorraine
    Student Intern
    Inria Lorraine May 2003 - Jul 2003
    Le Chesnay Cedex, France, Fr
    Extended Language model using Natural Language Processing and Machine Learning.
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Shireesh Annam Skills

Strategy Cross Functional Team Leadership Strategic Planning Product Management Management Analytics Business Development Competitive Analysis Product Development Customer Insight Business Strategy Leadership Start Ups Financial Modeling E Commerce Business Planning Entrepreneurship Mergers And Acquisitions Forecasting Brand Development Pricing Strategy Pricing Merchandise Planning P&l Management Business Intelligence Machine Learning Organizational Design Go To Market Strategy Portfolio Management Artificial Intelligence Customer Retention Offshoring Sales Growth Business Innovation Large Scale Business Transformation Turnaround Strategy Business Launch Cross Cultural Competence Profit Maximization Business Expansion Talent Developer Corporate Strategy Formulation Demand Forecasting A/b Testing Brand Development Strategy General Management

Shireesh Annam Education Details

  • The Ohio State University Fisher College Of Business
    The Ohio State University Fisher College Of Business
    Marketing & Strategy
  • Indian Institute Of Technology, Kanpur
    Indian Institute Of Technology, Kanpur
    Electrical Engineering

Frequently Asked Questions about Shireesh Annam

What company does Shireesh Annam work for?

Shireesh Annam works for Sonans Ai

What is Shireesh Annam's role at the current company?

Shireesh Annam's current role is Co-Founder, Chief Product Officer.

What is Shireesh Annam's email address?

Shireesh Annam's email address is sa****@****tte.com

What is Shireesh Annam's direct phone number?

Shireesh Annam's direct phone number is +140862*****

What schools did Shireesh Annam attend?

Shireesh Annam attended The Ohio State University Fisher College Of Business, Indian Institute Of Technology, Kanpur.

What are some of Shireesh Annam's interests?

Shireesh Annam has interest in Children, Traveling And Trekking, Gadgets, Economic Empowerment, Technology, Education, Photography, Science And Technology.

What skills is Shireesh Annam known for?

Shireesh Annam has skills like Strategy, Cross Functional Team Leadership, Strategic Planning, Product Management, Management, Analytics, Business Development, Competitive Analysis, Product Development, Customer Insight, Business Strategy, Leadership.

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