Shikha Khurana
Thane
Summary
Strategic Lead Procurement Analyst known for high productivity and efficient completion of tasks. Excel in cost reduction strategies, supplier relationship management, and contract negotiation, ensuring operational excellence and profitability. Strong analytical skills, adaptability, and problem-solving abilities drive success in dynamic procurement environments.
Overview
26
26
years of professional experience
Work History
Business Head
SMKR tech Pvt Ltd
Thane
09.2024 - Current
- Identified new markets and opportunities for growth in existing markets.
- Created presentations for internal use or external client meetings outlining product features and benefits.
- Maintained an up-to-date knowledge base regarding industry trends so that proactive steps can be taken when necessary.
- Successfully negotiated with vendors to receive best pricing and terms.
- Reviewed and optimized supply chain operations to ensure efficiency, sustainability, and cost-effectiveness.
- Implemented rigorous performance metrics to evaluate and improve team productivity and service quality.
- Led strategic planning and execution to enhance profitability and operational efficiency across all company divisions.
- Held regular one-on-one meetings with employees to review performance and priorities and provide feedback.
Category Lead Procurement (All Raymond Apparel Brands)
Raymond Ltd
02.2019 - 11.2020
- Ensure growth in gross margins for the assigned brands by driving focus on individual categories
- Ensure collaboration between category managers to leverage procurement, transportation, and warehousing efficiencies
- Identify and leverage alternate buying opportunities to source products and maintain the company's competitive edge by constant renegotiation
- Analyze Sales trends vs product attributes/ designs & differentiate Best Sellers from Bottom sellers for all channels
- Gather information from Industry trade groups or through trade shows/market visits and research on new upcoming products and vendors
Category Lead for Park Avenue Women’s Wear
Raymond Apparel Ltd
05.2012 - 02.2019
- Sourcing strategy
- Pursue cost reduction measures through centralized bulk buying by selecting an appropriate vendor mix, scanning the environment for benchmarks, and constantly improving the purchase process
- Developed & implemented Key Procurement Strategies for commodities and ensured that plans were aligned with all contractual & statutory requirements
- Hands-on experience managing mill matrix with multi-country production (COP) fabric supplier base to support the company's globally diversified garment vendor base
Business Head (Merchandising, Marketing, Designing & Sourcing)
TCNS LTD
04.2008 - 04.2012
- Interact with new customers for business development
- Coordinate with the design head to produce sketches, designs, and samples based on fashion forecasts for customer presentation
- Ensure the new developments are done based on the production feasibility to get maximum production efficiency
- Negotiate prices with the buyer to gain maximum profit
- Managing Factory to ensure full capacity utilization to gain the maximum profit
- Authorizing budgets across various departments and ensuring no department crosses the budget prices
- Manage TNA across all departments and ensure committed delivery is met
- Source fabrics and other materials at trade fairs, markets, and global trade partners
- Maintain optimal levels of yarns, and materials and make supplies inventory to support the quick turn concept
- Developed the internal software system with IT to ensure all information is easily accessible to all the departments for better production planning
- Written appreciation received from customers, Tema, Gap (Banana Republic), & impulse
- Successful career growth path in 4 years in TCNS 2008 joined as A.M.M, 2009 Promoted as M.M, 2010 promoted as a Business head
Merchandising Manager
Orient Craft Ltd
09.2007 - 03.2008
- Accounts Handled: Ann Taylor
Merchandising Manager
Unisource Exports Pvt. Ltd.
09.2005 - 08.2007
- Accounts Handled: Kellwood, Carrefour, Gloria Vanderbilt, Castle Hill, and Dawn Joy.
Senior Merchandiser
Modelama Exports Ltd.
11.1998 - 07.2004
- Responsible for sample and order execution for the buyer and collaborating with different teams
- Assist the supervisor with the day-to-day execution and operations in line with the internal factory strategy to achieve KPIs
- Price negotiation with buyers and meet the expected target by working on various production-friendly options
- Manage production delivery against the plan
- Accounts Handled: GAP (Dept
- GAP Women & banana republic), AMC (Dept
- Target Mervyn’s Profit), AIE (Dept
- Sears & women's Secret)
Education
Graduation -
Delhi University
01.1998
Diploma in Fashion Designing -
International Polytechnic for Women
New Delhi01.1997
Diploma in computer-aided fashion Design -
Rajiv Gandhi Multimedia Center
New Delhi01.1996
Schooling -
St. Michael’s Convent School
Gurgaon01.1994
Skills
- Efficiency Improvement
- Business Planning
- Business Development
- Operations Management
- Cost negotiation
- Supply Chain Optimization
- Creative problem solving
- Leadership skills
- Demand forecasting
- Data Analytics
- Team building
- Client relationships management
Training
Done two months of training from DCM Benetton India Ltd. to understand the production Process.
Specialachievements
- Cost saving initiative Award, 06/16
- Most valued Contribution Award, 06/17
- Written appreciation/certificate for reducing the lead time
Timeline
Business Head
SMKR tech Pvt Ltd
09.2024 - Current
Category Lead Procurement (All Raymond Apparel Brands)
Raymond Ltd
02.2019 - 11.2020
Category Lead for Park Avenue Women’s Wear
Raymond Apparel Ltd
05.2012 - 02.2019
Business Head (Merchandising, Marketing, Designing & Sourcing)
TCNS LTD
04.2008 - 04.2012
Merchandising Manager
Orient Craft Ltd
09.2007 - 03.2008
Merchandising Manager
Unisource Exports Pvt. Ltd.
09.2005 - 08.2007
Senior Merchandiser
Modelama Exports Ltd.
11.1998 - 07.2004
Graduation -
Delhi University
Diploma in Fashion Designing -
International Polytechnic for Women
Diploma in computer-aided fashion Design -
Rajiv Gandhi Multimedia Center
Schooling -
St. Michael’s Convent School
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