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Krishnan V Resume2


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Krishnan V Resume2

  1. 1. KRISHNAN.V Room No: 317, Gardens Dubai 0559178839 ____________________________________________________________ Professional Synopsis • A focused professional with nearly 5 years of quantifiable experience in Retail Buying &Merchandising, Planning, Business Development and Team Management in the Retail Industry. • Handling entire planning of Children department which contributes to more than 40 % of entire business and does a turnover of 100 Mn Annually • Responsible for Forecasting , Inventory Management, OTB and Mark Down • Experience in Driving Top and Bottom Lines Across Diverse Business Models. • Have handled Multiple product category- Apparels, Furniture • Domain Knowledge in Oracle, IBM Cognos Career Path Twenty4 Fashion (B.M.A International) Dubai U.A.E Nov’13-Present Financial Management • Building Annual Financial Business Plan yearly and quarterly for the Division/ Dept./ Class/ Sub Class at Store-level to ensure achievement through deliverable growths. • Establishing Seasonal Buy Plans, in alignment with the Sales Plans/ strategy plans. • Markdown Management –In season and EOSS. • Tracking the Achievement and Sell-thru numbers on periodic intervals and working on solutions to cover-up on the deficits. Demand Planning • Range Planning and selection to reflect the brand strategy while understanding the requirements of the target markets and fulfilling the Area/store specific needs. • Ensuring proper range mix of the division in-terms of Top-Bottom ratio, Core Range vs. Fashion, Knit vs. woven and multiple price-points. • Identifying gaps in the range and finding ways through additional Product lines to plug-in the same. • OTB working • Pricing keeping in mind competition price benchmarking and company strategy. Merchandising Operations • Monitoring and Controlling inventory levels through sell thru analysis / stock cover report –current and forward/Periodic Replenishments check/Stock turn/ Inter Country and intra Country transfers • Managing markdowns on old stocks based on targeted margins/ PLC management.
  2. 2. • Co-ordinate with the regional teams on a regular basis to ensure weekly and monthly product and merchandising objectives are achieved. :Key achievements in job: • Was instrumental in achieving the Sales Budget by 5% by maintaining Optimal Level of Inventory • Was Instrumental in Reducing the Mark down by 4% ensuring timely flow of stocks and Inventory Management • Introduced a New Format where Style wise Performance can be monitored on a weekly basis region wise which resulted in Higher Stock Turns • Improved Category Intake/Realized Margin by proper Forecasting/Inventory Management ,resulting in increasing the Margin by 3 % Home Town( Furniture Division of Future Group) July’10-Oct’13 Key responsibilities Merchandising and Planning: • Range Planning and product mix which includes Product range width, Product Mix, Product Profitability analysis • Assortment planning for New Store , Planogram • Working out the Top Selling articles, High STR (Stock Turnover Ratio) and Low STR articles, enable to create liquidation plans and infuse buying plan where required. • Assortment planning on the basis of the historical data and category analysis. Key achievements in job: • Was instrumental in increasing the sales of category from 40 crorers ( July 2009 to June 2010) to 50 crores ( July 2010 to June 2011) • Reducing the level of inventory for the products by 10 lakhs within a week by providing attractive offers • Successfully Implemented an Internal process (Automatic Replenishment System) through which stocks gets automatically replenished through the system which lead to increase in sales by more than 50 lakhs in a Month’s time • Was able to increase the Margin by 4 % by reducing the inventory holding cost , Transit cost Academic Profile: • 2010: MBA (Marketing) with 66.04 % • 2007: B.Tech(Computer Science) with 7.65 CGPA • 2003: XII th, Tamil Nadu Board with 80.75 % • 2001: X ,CBSE with 65 % Computer Skills • MS : Oracle ERP, Excel , Power Point Declaration: I hereby declare that the information furnished above is true to the best of my knowledge and belief
  3. 3. Place: Date: (KRISHNAN .V)