Sr Inventory Analyst
Saks Fifth Avenue
Total years of experience :6 years, 2 Months
• Allocations: Stock planning of stores in United States and Canada based on the sales, budget, forward cover and performance using MSTR, Tableau, NU ORDER and JDA
• Precise door category planning in terms of styles and merchandise hierarchy
• Making size curves for each brand and department every 3 weeks to target precise size driven stores using JDA
• Auditing team’s work before sending it to New York( Head Office)
• Sell through, PI, ROI reports and fortnightly discussions with the planning team and buy-ing team for product improvements
• Sharing team work performance report on every Monday
• Making the process seamless by making it automated everyday using VBAs, google sheet automation
• Allocations: Stock planning based on weekly gap in QTY & options
• Weekly SOH review and healthiness meeting with the operation team to maintain the transparency
• Amazon weekly stock planning based on sales/ cover/ ROI
• Sell through, PI, ROI reports and weekly discussion with the buying team for product improvements
• New store advance plan and keeping every stakeholder in loop
• Make and share the warehouse stock split to the buying team & inventory team
• Updating buffer and maintaining proper flow of Symphony (AI based stock planning software)
• Maintaining sale and SOH mix throughout the stores
• Maintaining color balance of store SOH
• Maintaining seamless flow of inward and outward stocks
• Allocations: Stock planning for Regional Large Format Stores
• Coordinate with retailers to get purchase orders and generate sales orders for stock movement
• Analyze sales and stock position to understand the top sellers and slow movers
• Timely replenishment of stocks to maintain optimum levels of inventory and help mitigate lost opportunity
• Work collaboratively with operations, warehouse, category and MIS to get a holistic view of the business processes
• Weekly review with operations team to capture any concerns from the floor, draft an action plan and implement to address it
• Make data driven decisions using the performance reports. Analyze trade, address fallouts and capitalize on the strength areas
• Track stock movements from warehouse to stores, keep front end team and the partners informed
• Coordinate RTVs at the end of the season and make sure it is in the accepted limits
• Planned merchandise to all stores in India
• Designed and implemented new theme and implemented the SOPs to enable have uniformity across Pan India
• Coordinated with operations team post analyzing sales and stock positions of the store to optimize inventory and push sales
• Ensured on time availability of stocks across the stores
• Follow-ups with the vendors for RTVs and monthly/ festive discounts
• Styled and coordinated shoots
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