Suresh Kumar Email and Phone Number

Key Result Areas: Devising merchandise plans in annual, seasonal, monthly and weekly basisReconciling top-down and bottoms-up class plans to department plans and forecastsFormulating pre-season plans & recommending purchase/investment quantities and developing accurate receipt flow forecastsForecasting sales inventory & margins in order to drive & control open-to-buy on weekly basisAnalysing performance and planning strategies to identify areas of opportunity/riskGenerating reporting on business performanceCoordinating with suppliers to size & forecast product / brand sales and profit componentsDeveloping product strategies based on the financial targets, historical performance & market trendsMonitoring product performance in terms of sell through, margin, good-bad sellers and examining attributes like size, color, fabric, pattern, silhouettes on season level Assessing suppliers to identify best performing supplier for purchasing and also identifying opportunities for repeat ordering based on product performanceManaging purchasing to maintain newness in the stores and pricing of merchandise as per norms and competitive in the marketAdministering the critical path (season calendar) and managing terminal stockPerforming inventory and warehouse management which includes order management, stock consolidation, movement and transfer, optimum stock utilization, stock return and shrinkageSupervising allocations to implement consistent and profitable in-season replenishment strategies and practicesExamining stock & sales reports for monitoring over and under stocks and implementing corrective actions to be takenMonitoring OTD (On Time Delivery) progress and address issues (If any) proactively and inform buyers in time to avoid last moment surprisesReviewing & managing fast/slow lines, new ranges and end of ranges and implementing necessary actionImplementing measures to achieve in season, sell through and margin as defined

Growth Path:Senior Merchandiser 2010-2012Account Manager 2012-2014Manager Merchandising 2014-2017Highlights:Spearheaded Merchandising Department, Order Execution and Pricing / NegotiationsHeaded 8 – 10 vendors independently with a capacity of US$13-15 Million yearly turnoverEngaged with:Underwear / Night wears of Girls / Boys / Ladies / Men’s Kids Wear – Body Suits / Sleep Suits Ensured on time delivery planning with factories and no slides

Spearheaded Woven Shirts (pigments and reactive) and Pants of all varieties of Woven Heavy FabricEngaged with:oAll types of Denims (Stretch/Ring/Cross Hatch) with modern washing end embellishmentsoWoven Pants – Chinos / Denims / CargoAchieved yearly budget of 10M turnover