Bhagyashree Mallick
Asst Buyer
Balasore
Summary
Proven track record in elevating store performance and customer satisfaction at Home Centre by Lifestyle through expert supplier relationship management and strategic sales analysis. Skilled in leading teams to exceed targets, adept at problem-solving and competitive sourcing, achieving significant improvements in inventory control and merchandise selection. Dynamic Assistant Buyer proficient in negotiating with buyers, managing inventory and using data analysis to help companies understand product metrics. In-depth knowledge of inventory management.Coordinated and detailed professional with 11 years of experience fostering timely delivery of merchandise and keeping accurate track of product flow.
Overview
11
11
years of professional experience
Work History
Asst Buyer
Home Centre by Lifestyle
05.2022 - Current
- Maintained complete documentation and records of all purchasing activities.
- Processed purchase orders and invoices in accordance with company procedures.
- Reviewed purchasing trends and forecast demand for inventory planning and replenishment.
- Conducted market research to identify emerging trends, ensuring product range remained competitive and relevant.
- Negotiated with vendors to secure exclusive products, distinguishing our offerings from competitors.
- Improved inventory management with detailed tracking and forecasting, reducing overstock and understock situations.
- Collaborated with other departments to develop effective merchandising strategies, boosting overall store performance.
- Managed open-to-buy budgets efficiently by tracking expenditures and making informed adjustments based on financial goals.
- Coordinated with finance department to reconcile invoices and payments, streamlining procurement cycle.
- Analyzed sales trends and adjusted purchasing strategies accordingly, maximizing profitability and minimizing overstock issues.
- Reduced stock shortages by closely monitoring inventory levels and proactively placing orders for replenishment.
- Resolved invoice discrepancies promptly, maintaining positive vendor relationships and preventing payment delays.
- Coordinated with sales and marketing teams to develop promotional strategies, boosting product visibility and sales.
- Analyzed sales data to identify best-selling items and underperformers, guiding future purchasing decisions.
- Provided input on product discontinuation decisions based on sales performance and market trends.
- Improved sell-through rates by utilizing historical sales data to make informed decisions about markdowns and clearance promotions.
- Prepared and analyzed reports to track inventory and purchasing trends.
Department Manager
Home Centre by Lifestyle
04.2018 - 04.2022
- Improved customer satisfaction rates through attentive service, prompt issue resolution, and continuous process improvements.
- Provided ongoing staff development opportunities through training programs, workshops, and regular feedback sessions.
- Oversaw inventory management processes, maintaining optimal stock levels while minimizing waste and losses due to shrinkage or obsolescence.
- Led a team of employees to consistently achieve or exceed performance targets.
- Successfully managed budgets and allocated resources to maximize productivity and profitability.
- Defined clear targets and objectives, and communicated them to other team members.
- Evaluated employee performance and conveyed constructive feedback to improve skills.
- Escalated continuous feedback to category on new products and schemes offered by competition, and tried to run similar schemes for the department.
- Carried out regular sub-category-wise sales tracking and addressed specific issues from each product category.
- Monitored stocks on a daily and weekly basis to avoid an overstock or understock.
- Analyzed key aspects of the business to evaluate the factors driving results and summarized results into presentations.
Department Manager
Shoppers Stop
02.2011 - 11.2016
- Ensured availability of updated and approved Plannogram, floor presentation compliance, ensuring merchandise is stacked properly for customers at all times, communicating, maintaining, and replenishing the VM Plan.
- Making schedules and allocating manpower, ensuring manpower availability on the floor and cash tills at all times, creating and sanctioning leave plans.
- Focused on maximizing Private Brands sales, converting value into unit targets, developing a sales plan to achieve the targets, monitoring the targets, and providing feedback to the merchandiser.
- Seeking feedback actively, active interface with the customers, and detailed feedback to be taken for areas of improvement. Smooth exchanges/returns and after-sale experience.
- To ensure all CCAs are trained in basic product knowledge and fashion guide test, review continuously, new product information communication to all CCAs, training team members on mobile app usage and features (FAB).
- Analyzed sales data to identify opportunities for growth and areas for improvement, informing strategic direction.
- Maintained positive customer relations by addressing problems head-on and implementing successful corrective actions.
Education
MBA - Operations Management
Symbiosis Institute of Management & Studies
Pune 04.2001 -
MBA - Marketing
Mallareddy College of Engineering And Technology,
Hyderabad, India 04.2001 -
Bachelor of Science - Computer Science
RGR SIDDHANTHI
Hyderabad, India 04.2001 -
Skills
Supplier Relationship Management
undefinedLanguages
English
Hindi
Oriya
Timeline
Asst Buyer
Home Centre by Lifestyle
05.2022 - Current
Department Manager
Home Centre by Lifestyle
04.2018 - 04.2022
Department Manager
Shoppers Stop
02.2011 - 11.2016
MBA - Operations Management
Symbiosis Institute of Management & Studies
04.2001 -
MBA - Marketing
Mallareddy College of Engineering And Technology,
04.2001 -
Bachelor of Science - Computer Science
RGR SIDDHANTHI
04.2001 -
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