Abhinay Sachan
Category Manager at Vishal Mega Mart Gurgaon, India- Claim this Profile
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Bio
Experience
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Vishal Mega Mart Gurgaon, India
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India
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Retail
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200 - 300 Employee
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Category Manager
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Jun 2015 - Present
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Asst Category Manager Menswear
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Mar 2021 - Present
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TPG Wholesale Private Limited.
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Retail
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100 - 200 Employee
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Buying Manager Menswear
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Jul 2015 - Present
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Bharti Retail Limited (Easyday)
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India
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Retail
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100 - 200 Employee
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Assistant Buyer- Mens Casual Wear
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Jan 2015 - Jun 2015
ROLES AND RESPONSIBILITIES: To drive achievement of department financials – sales, margins, DOH and ROI. Manage exit/entry price and markdown changes as per plans. Make buy plans as per OTB budget. Plan and develop an assortment relevant to the customer needs of the catchment. Analyze Industry data and visit competition & benchmark continuously. Understand the category & analyse market / catchment data to finalise assortment. Create the right mix of items to achieve sales, margins and inventory numbers. Negotiate item costs with the vendors and determine retail prices for each item ensuring competitiveness and financial goal achievement. Develop the annual promotion calendar with vendors. Promotion Planning (30-60-90) within agreed timelines. Assist stores in achieving feature displays and executing seasonal plans as per guidelines. Measuring promo effectiveness thru – sell thru, category growth, Gross Profit. Select the right items within the department that will help in increasing sales and pull customers into our stores. Select and develop vendors as per assortment plan. Determine the price of each item basis item cost, packaging costs, freight costs, lead times and volume discounts. Drive EDLP and decide on item level pricing. Maintain Price Gap vis-à-vis competition and ensure benchmarking for KVIs. Show less
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Category Manager-Menswear
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Jun 2012 - Dec 2014
PROFESSIONAL EXPERIENCE-ROLES AND RESPONSIBILITIES As part of Sourcing department, responsible for procuring merchandise and building and maintaining relationships with vendors. Responsible for execution of buying plan for the category. Making the yearly and quarterly purchase plan and get the same approved. Negotiate with vendors on prices, quantities, packing, delivery dates and payments terms. Build vendor base for private –label of V-mart Retail Ltd so as to differentiate it from competitive offerings. Responsible for monitoring the financial performance of the merchandise category. Responsible for managing inventory turnover ratio taken into account the GMROI. Define quality parameters ,terms of dealing with different products and ensure best deals for v-mart retail limited. Co-ordinate with planning team and decide on products to buy ,hence ensure purchase of those products on quarterly basis. Continuously monitoring sales and stock to modify purchase plan to ensure minimum inventory leftover. Responsible for ensuring timely availability of all sku’s as per agreed buying plan and quality standards. Identify new vendors and markets for purchase to ensure market competitiveness for v-mart in terms of design and price in the category. Rate the vendor based on delivery, quality etc and access vendor base continuously to remove non performing vendors. Co-ordinate with supply chain department to ensure timely delivery of products to various stores all cross India. Ensure that minimum base quantity is available at the warehouse for all SKU’s. Attend various textile trade shows and fashion fairs to scout for new vendors and business and sourcing opportunities. Show less
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Event Management Trainee
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Jan 2012 - Jun 2012
Worked with events department of Images Retail for hosting of the textile trade show-In fashion in Mumbai. Also executed and planned various below the line promotional and advertising activities for the show. Worked with events department of Images Retail for hosting of the textile trade show-In fashion in Mumbai. Also executed and planned various below the line promotional and advertising activities for the show.
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Tommy Hilfiger
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Netherlands
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Retail Apparel and Fashion
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700 & Above Employee
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Summer Internship
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Jun 2011 - Jul 2011
Worked on various aspects relating to Retail operations and Retail merchandising. Also worked on a project for customer relationship management. Worked on various aspects relating to Retail operations and Retail merchandising. Also worked on a project for customer relationship management.
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Education
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National Institute of Fashion Technology
Master of Fashion Management (MFM), FASHION/RETAIL MANAGEMENT -
PPN PG COLLEGE,KANPUR
B.sc, Geology