Raashid Shaikh

Experience

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  Chintamani Textiles

  Jul 2009 - Sept 2012

  Merchandiser

  “Chintamani textile is one of the flourishing names when it comes to ladies ethnic wear across India. Their dominance in retailing and whole selling market is due to unmatched commitment towards their business partners. It’s a company known for doing business at the right cost which shares the essence of value based pricing for its product offering”Key Responsibilities:A) Vendor management: • Enhancing the vendor channel from fabric sourcing to finished garment received in-house.• Developing relationship with existing and new vendors to strengthen the business activity.• Exploring new concepts to enrich the business life-cycle. • Evaluating vendors on the parameters of cost and quality for the required product.• Following on the planned date for the goods due to be received from the vendors. B) Sales Report and Stock Allocation• Reviewing the sales order from the sale team in terms of stock available in inventory system. • Maintaining a proper buffer stock for running concepts to avoid loss of opportunity.• Monitoring channels of retailing, whole-selling and LFS to outline the sales contribution.• Emphasizing on the profit by seizing up on the cost being trade off with the volume.C) Inventory management • Ensure effective inventory management for the financial business growth.• Devising stock rotation techniques for non-moving items e.g. Bundling/Flat Discount etc. • Review compiled inventory reports such as quantity, type, value of the material and stock in hand.D) Stock Distribution• Deploying data based solution to handle demand from the respective customers.• Devising the dispatch plan and commencing the same on the date informed to the customers. • Handling the reverse logistic for order cancellation.• Adhering to the proper documentation of bills during the dispatch as per accounts requirement. Show less

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  STL - Sterlite Technologies Limited

  May 2014 - Jul 2014

  Summer Intern
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  GroupM

  Dec 2014 - Jan 2015

  Marketing Intern
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  Coffee Day Beverages

  Jun 2015 - Nov 2016

  Territory Manager

  “Coffee Day Beverages is one of the SBU of Coffee Day Global Limited catering to corporate tea/coffee segment through its fully automated fresh milk vending machine across India. Their presence in all the major MNC’s itself speaks their story of success. It has accelerated the tea/coffee culture in Indian offices by adding up more beverages such as hot chocolate, soups, green/lemon tea in different flavors all under one press of the button. This has turned out to be the prime reason for acceptance amongst customer which is inclined more towards choices, hygiene and a trustworthy brand such as CCD”Key ResponsibilitiesA) Sales Trend Analysis & Forecasting: • Analyzing past year’s sales data of vending machines and consumables to forecast the future sales.• Analyzing secondary sales data from channel partners to understand the current sales trend.B) Stock Planning & Replenishment Plan • Laying out a defined annual business plan in terms stock volume and value to it.• Stock planning by evaluating things like Planned Sales + Markdowns + End of the Month Inventory – Beginning of the Month Inventory.• Monitoring the actual v/s planned sales growth for each product line.• Keeping track on the secondary sales to gauge primary sales through replenishment plan.• Framing the monthly stock breakup for the quarterly plan keeping ABP in place.• Handling the annual turnover of 2.5 crore business for South Mumbai territory.C) Business Development & Account Management:• Increase the client base by identifying, analyzing and acquiring new corporate accounts.• Manage existing accounts effectively to ensure client retention helping in strengthening up territory.• To be a direct point of contact for the client to provide technical support and answer their queries.D) Revenue Generation:• Regulating primary and secondary sales of Coffee Day's consumable products as per the ABP.• Stock distribution to the respective distributor as per their clients and warehouse space Show less

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  Pal Fashions Pvt. Ltd.

  Jan 2017 - Apr 2018

  Merchandiser

  “Desi elements intermingle with contemporary styles giving birth to Naari. It’s a channel for your personal style and a gateway to high fashion. Naari is the fusion fiesta in the customer’s wardrobe which integrates the modern Indian women’s quality, design and personal taste in one brand. The website Shopnaari.com and the brand 'Naari' are wholly owned and operated by Pal Fashions Private Limited, incorporated in 1980, has its textiles manufacturing plant spread over 5 acres at Tarapur, near Mumbai”Key Responsibilities:A) Data base and Stock Management• Analyzing sales data through online and off-line selling channels.• Evaluating the sell through rate and identifying the non-moving items to plan markdowns/EOSS.• Aligning replenishment plan with warehouse to dispatch the required goods at the required location.• Stock monitoring and inventory track to plan the quantities for next season.B) Seasonal Planning – Autumn Winter / Spring Summer• Devising the upcoming season’s range plan for Core / Fashion business segment.• Setting up the price matrix to have optimum stock distribution under the given price point.• Framing the right product mix to enhance the sell-through rate.• Freezing up on the finalized collection, approved number of styles and presentation dates. C) Costing & MRP Setting• Estimating the price range for the collection depending upon its credibility.• Calculating the Basic cost for each style under the defined format.• Defining the price points from MBO & LFS perspective.D) Production Planning• Implemented an online spreadsheet to have a live track of production and final garmenting.• Linking the data from different sources over one sheet to have the summary of an overall progress.• Laying out the defined production plan for the concepts approved in presentation.• Handling production uncertainties and providing the suitable solution for the same. • Tracking collection wise launch date and making it available at warehouse. Show less

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  Zodiac Clothing Co. Ltd

  Apr 2018 - Sept 2018

  Retail Merchandiser

  A) Category Management• Managing Trouser/Jackets/Belt/Socks/Hankies and Boxers across 120 plus Zodiac Retail Shops.• Clocking a month sale worth more than a crore across all the categories.• Deriving base stock depending on the fixture capacity and ensuring the right assortment mix under the boundaries of variety and price point for each store.• Analyzing pan India Gap and Excess for stock consolidation in order to push sales figure.• Marking up store performance with respect to last year and this year cumulative sales and identifying the problematic stores with an appropriate solution.B) Retail Planning and Stock Analysis• Monitoring sell through rate to identify the top sell out and working on its net week cover to plan smooth supply for high potential articles.• Working closely with retail formulas like average per store to flag the stock fragmentation and rate of sale to identify moving and non moving items.• Analyzing the GOLY% to highlight store and product scalability in terms of revenue.• Festive planning in terms of right stock availability to hit the sale target and cover deficit.• Planning the new store opening by creating a right product mix and ensuring the stock availability.C) Replenishment & OTB• Mapping merchandise sale for each store and updating the weekly replenishment in an ERP system• Stock consolidation for Fashion articles to maintain proper stock level at top selling stores.• Factory co-ordination for dispatches and ensuring stock movement to its respective store.• Developing on time OTB through considering stock at store and factory in order to plan buying for next 6 months of desired sales quantity for all the given categories.D) Report Making • Preparing category wise report, marking its performance on weekly basis for weekly presentation.• Doing store visits and calling up ASM’s to identify the business lags and opportunities. Show less

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  Shazé Luxury Retail Pvt. Ltd.

  Sept 2018 - May 2021

  Business Intelligence Analyst
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  Payed

  May 2021 - Feb 2023

  Manager - Business Intelligence
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  Accenture

  Feb 2023 - now

  Analytics Team Lead