ANKIT SINGH
Manager – Buying & Planning In Retail
Mumbai
Summary
Dynamic and detail-oriented Merchandiser with over 8 years of progressive experience managing buying and merchandising projects to ensure optimal product placement, quantity, and timing for maximum sales impact. Strong interpersonal skills facilitate effective collaboration in team environments, while a commitment to continuous learning drives adaptability in fast-paced settings. Passionate about creativity and problem-solving, complemented by a solid foundation in merchandising, planning, competitive analysis, and advanced proficiency in MS Excel, including pivots, formulas, and logical functions. Proven ability to thrive under pressure while achieving targets and enhancing overall business performance.
Overview
3
3
Languages
6
6
Certifications
11
11
years of professional experience
Work History
Manager- Buying and Merchandising
TWAM ENTERPRISE
09.2025 - Current
- Managing Brand.
- Premium Brand - Ecco,Crocs ,Lee Cooper,UCB,Catwalk,Buckaroo & Nike
- Mass Brand-Campus,Inblu,Areowalk,Labella,Walkaroo,Chupps,Action
- Developed and implemented strategic buying plans to optimize inventory turnover and enhance product visibility.
- Analyzed market trends and consumer preferences to drive merchandising decisions and improve sales performance.
- Collaborated with cross-functional teams to streamline the purchasing process, resulting in improved supplier partnerships.
- Led training initiatives for staff on product knowledge and merchandising techniques, enhancing team effectiveness.
- Utilized data analytics tools to forecast demand and ensure optimal stock levels, reducing excess inventory.
- Managed budget allocations for buying and merchandising, ensuring alignment with overall business objectives.
- Maximized performance by monitoring daily activities and mentoring team members.
- Achieved departmental goals by developing and executing strategic plans and performance metrics.
- Streamlined project delivery processes, significantly reducing time to market for new product launches.
Assistant Manager
Metro Brands LTD
03.2021 - 09.2025
- Annual Sales Forecasting: Predicting sales for the upcoming year.
- Utilizing historical data, market trends, and other factors.
- Guides budgeting, resource allocation, and strategic planning.
- Open-to-Buy (OTB) Planning: Determining the amount of merchandise a retailer can buy during a specific period.
- Balancing inventory levels with anticipated sales, and desired stock turnover.
- Helps in managing cash flow and optimizing inventory investments.
- Product Selections: Curating the assortment of products to be offered to customers.
- Considering customer preferences, market trends, and brand positioning
- Inventory Control: Managing the flow of merchandise from procurement to sale.
- We are implementing systems and processes to minimize stockouts, overstock, and shrinkage.
- Balancing inventory investment with sales objectives, and operational efficiency.
- Assortment Planning: The variety and quantity of products offered in each category.
- Cost negotiations with the vendor for a better markup.
- Aligning assortments with target customer segments and market demand.
- It enhances customer satisfaction, increases sales, and optimizes inventory turnover.
- Sales Review: Evaluating sales performance against targets and benchmarks.
BUYING & MERCHANDISING (PRIVATE LABEL)
Metmill footwear PVT LTD
01.2019 - 03.2021
- Key Account Manager (Shoppers Stop ) - Private Label Brand Lemon & Pepper , Haute Curry ,Flaunt,Modare
- Planning product ranges and prepares sales and stock plans in conjunction with buyers, making assortment plan, setting up base stock plan for new store opening
- Managing store replenishment and analyzed buying reports, analyzing new merchandise as best or worst sellers along with monitoring slow movers
- Planning and coordinating availability of products for Liquidation and promotion purposes, ensuring repeat buys of best sellers SKU and follows lines and managing Inter branch transfer if demand is higher at another store
- Preparing & monitoring weekly sales, monthly sales, stock, and intake requirement to ensure that future projections in line with stock availability
- Communicating with Vendors, Operations, Regional Managers, Partnered Managers, OTB Calculation, Set and recommended mark-up rates, mark-down rates and selling prices for merchandise.
SALES MERCHANDISER
Metmill footwear PVT LTD
07.2015 - 01.2019
- KAM - Shoppers Stop ,Lifestyle ,Regal Shoes , Inc.5 Shoes & V-Retail Pvt Ltd
- Brand Operating - Crocs,Clarks & Modare
- Shoppers Stop (80), Lifestyle (47) Regal Shoes (27) Inc.5 Shoes (33) & V Retail (31)
- Inventory control, Annual sales planning, seasonal forecasting and reviewing Otb, Purchase plan, EOSS plan, inter branch transfer, new articles creation in system, Discount updates in system and informed to front end and operation team
- Identified and reported key performance indicators to define successful category management
- New store opening follow ups about inventory & display material should be reach in given time
- Suggesting replenishment stores, SKU to control inventory level
- Removed out-of-dated, non-moving option form inventory to control MOI, option and maximize sales
- Planned and coordinated product availability for advertising and promotion purposes
- Coordinating with Store managers for special stock requirement, solving operation related issue, Approving Customer claim product as per company policy.
Education
B. Com Graduate -
Mumbai University
Skills
Strategic buying
Inventory management
Market analysis
Sales forecasting
Assortment planning
Vendor negotiations
Data analytics
Certification
MS Word 2007
Interests
Reading Books, Travelling
PERSONAL INFORMATION
Date of Birth: 1994-10-12
MARITAL STATUS
Married
Timeline
Manager- Buying and Merchandising
TWAM ENTERPRISE
09.2025 - Current
Assistant Manager
Metro Brands LTD
03.2021 - 09.2025
BUYING & MERCHANDISING (PRIVATE LABEL)
Metmill footwear PVT LTD
01.2019 - 03.2021
SALES MERCHANDISER
Metmill footwear PVT LTD
07.2015 - 01.2019
B. Com Graduate -
Mumbai University