AKANKSHA RANJAN
Noida
Summary
Experienced retail professional with over 17 years in various retail formats. Consistently achieves company goals through organized practices. Proven ability to thrive under pressure, adapt to new challenges, and enhance the organizational brand effectively.
Overview
23
23
years of professional experience
Work History
Buying N Merchandising Head - General Merchandise
Sumosave Retail Pvt Ltd
10.2023 - Current
- Vendor Management: new vendor creation, keeping self in touch with existing vendors for timely stock plan, forecast, product level negotiations and cost sheet analysis, deliveries, executions, promotional events, space selling, TOT, payments etc.
- Product Management: new product development, product sales & life forecast, buying plan, pricing, display, margins, aesthetics, usage, cost maintenance, packaging.
- Stock Ageing & Inventory Control: with above data monitoring inventory movement on floor and applying best method like assortment change, product lifecycle monitoring, liquidations additional margin support, return to vendor etc, this needs to be done store to store to help to control increase in unnecessary inventory week cover at store and ageing stock.
- Budget & Sales forecast: product level sales forecast basis new launches & existing range and finalizing sales & margin budget for the FY and ensuring the achievement.
- Competition Handling: maintaining benchmark to handle the competition in better way simultaneously exploring new opportunities to let the customer feel of having a complete and unmatched range on floor.
- Business intelligence: tracking day wise sales activity to keeping a close track of product behavior, margin & sales, and keeping a bunch of data always ready under terms of GOLY, BP% ATV, QBP, ASP, RGM, TCI%.
- Support Function Coordination: working closely with marketing, visual merchandise team and other support function to push the sales basis pre planned events and seasonal activities.
- Corporate sales drive: during festive and regular corporate deals need to initiate and taken care by regional manager from query to confirm order.
- Fixture & Space Planning: to utilize maximum of given space to category ensuring a perfect implementation of MPM & also providing brands to buy space to showcase their exclusivity and increase the business by highlighting products and brand name limited to marketing guidelines.
- Assortment Breadth & Depth: Decide on the breadth (number of product categories) and depth (number of SKUs Within each category) of assortment. Balance the need for variety with the cost and complexity of managing a large number of products.
Category Head (General Merchandise, Home Furnishing & Apparel)
More Retail Pvt Ltd
11.2020 - 06.2023
Category Manager (Toys, Sports, Stationery)
Reliance Brand Ltd (Hamleys)
05.2019 - 09.2019
Sr. Category Manager (General Merchandise & CDIT)
Smaaash
10.2015 - 04.2019
Sr. Category Manager (General Merchandise)
Landmark Group
12.2013 - 09.2015
Buying & Merchandising Manager (General Merchandise)
RPG GROUP, Spencer's
03.2007 - 11.2013
Asst Manager (General Merchandise)
Future Retail
08.2005 - 09.2006
Merchandiser- Apparel
Sapphire Sourcing - Buying House
06.2002 - 04.2005
Education
BBA - Business Administration
GIMRI
Fashion Design - undefined
International Polytechnic For Women
MBA - HR & Marketing
GIMRI
Skills
- Negotiation
- Strategic Sourcing
- Category development
- Trend Knowledge
- Data analysis
- Product development
Problem-solving
Team management
Flexible and adaptable
Calm under pressure
Timeline
Buying N Merchandising Head - General Merchandise
Sumosave Retail Pvt Ltd
10.2023 - Current
Category Head (General Merchandise, Home Furnishing & Apparel)
More Retail Pvt Ltd
11.2020 - 06.2023
Category Manager (Toys, Sports, Stationery)
Reliance Brand Ltd (Hamleys)
05.2019 - 09.2019
Sr. Category Manager (General Merchandise & CDIT)
Smaaash
10.2015 - 04.2019
Sr. Category Manager (General Merchandise)
Landmark Group
12.2013 - 09.2015
Buying & Merchandising Manager (General Merchandise)
RPG GROUP, Spencer's
03.2007 - 11.2013
Asst Manager (General Merchandise)
Future Retail
08.2005 - 09.2006
Merchandiser- Apparel
Sapphire Sourcing - Buying House
06.2002 - 04.2005
Fashion Design - undefined
International Polytechnic For Women
MBA - HR & Marketing
GIMRI
BBA - Business Administration
GIMRI
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