Jitendra Kumar
Merchandise Demand Planning & Business Analytics
- Role
- Retail Merchandiser at Reliance Retail
- Location
- New Delhi, DL, IN
- LinkedIn followers
- 500 followers
About Jitendra Kumar
Retail professional MBA Post graduated with 15+ years work experience with reputed MNC\'s…
Experience
Retail Merchandiser
Jun 2024 — Present · Delhi, IN
Develop and execute pre-season financial plans, in-season projections, and Open-to-Buy (OTB) management, ensuring accurate inventory levels and achieving sales goals across all stores. Plan seasonal assortments for stores, aligning with demand forecasts and market trends. Track performance against option plans to ensure stock levels match sales requirements. Collaborate with the buying and sourcing teams to maintain optimal stock levels, monitor brand/category performance, and ensure effective seasonal drops. Lead efforts to monitor and report on sales performance, including weekly sales tracking against Annual Operating Plans (AOP), and adjust stock levels and forecasts to optimize sales. Conduct regular store visits to evaluate merchandise sales performance, stock availability, and ensure displays align with corporate guidelines. Manage store-wise inventory, analyzing slow movers and fast movers to optimize stock distribution. Implement corrective actions as needed to maintain inventory balance. Monitor and optimize stock week cover and Stock fill % for brands and Merchandise category, adjusting replenishment schedules to maximize sales potential. Work closely with the VM and retail ops teams to align visual merchandising and promotional strategies with seasonal launches and store performance. Prepare and present key reports, including YTD, MTD, WTD comparison reports, SPSF reports, Sell-Through reports, Stock Health (Cut Vs. Full size) report, Stock Mix and Stock Vs. Sale Reports, for senior management review. Develop and execute liquidation plans for old season stocks, clearing inventory through discounts or promotions. Analyze and execute the store level GRDC and IST allocation to ensure the optimize stock level and avoid the stock out of inventory. Manage the seasonal planning process, including stock allocation for festivals (e.g, Holi, EID, Diwali, Christmas), ensuring stores are well-stocked to meet increased customer demand.
Education
Darshan Shah College (D.S. College), Katihar
B.Sc., Science
2001 — 2005
Allahabad Agricultural Institute
Master of Business Administration - MBA, Retail Management
2006 — 2008
K.B. Jha College, Katihar
I.Sc., Science
Skills
- Analysis
- Leadership
- Purchasing
- Procurement
- Supply Chain Management
- Merchandising
- Sourcing
- Vendor Management
- Management
- Negotiation
- Retail
- Logistics
- Project Planning
- Supply Chain
- Sap
- Inventory Management
- Forecasting
- Team Management
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