Masters In Fashion Management
(M.F.techM.):
Fashion Management
National Institute Of Fashion
Technology (NIFT), Hyderabad
India
Bachelor Of Science:
Biology
Kanpur University
India
06/2002
10+2 Level:
Central Board Of Secondary
Education(CBSE)
India
06/2000
****.*******@*****.***
Ventura, CA 93004
Skills
• Procurement planning
• Cost Control
• Demand forecasting
• Purchase Order Management
• Strategic Planning
• Materials sourcing
• Inventory Monitoring
• Pricing Analysis
• Vendor coordination
• Relationship Building
• Pricing knowledge
• Vendor Relations
• MS Office
• Number analysis
• SAP software
• Buying and Merchandising
• MMS
• Oracle PO module
• EPISYS Software
• E-Signage Creation
Education
Resourceful Buyer and procurement professional specialized in market analysis, inventory management, and negotiation strategies. Exceptional communication, problem-solving, and adaptability skills drive seamless operations and foster strong vendor relationships.
Hyper City Retail India Ltd. - Assistant Buyer
Mumbai, India
07/2010 - 04/2012
INDU VERMA
Summary
Experience
Successfully oversaw operations and procurement for Home Linen & Furniture Category in 12 retail locations throughout India.
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Efficiently collaborated with internal departments including logistics, marketing, and finance.
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Developed comprehensive sales performance reports to be reviewed by management on a regular basis, highlighting key findings and trends.
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Conducted market research to identify additional supply sources for specific items or categories.
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• Processed and verified accurate purchase orders before submission.
• Assisted in the selection and procurement of merchandise for store shelves. Collaborated with vendors to ensure timely delivery of products at competitive prices.
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Implemented inventory control measures such as cycle counting and stock rotation programs.
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Monitored stock levels to ensure adequate supply is available for purchase orders.
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Contributed to multiple operational aspects, including product management, buying, vendor identification, procurement, store allocation, and replenishment.
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Demonstrated expertise in seasonal planning, while collaborating with the company's in-house design studio, for effective promotional management and sales analysis.
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• Conducted international sourcing for linen and furniture. Attended the world's largest furniture fair, Shanghai Fair, while visiting Yiwu local market mainly for bed linen and wall-floor covering range. Also attended local trade shows and industry conferences to establish contacts with new vendors.
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Communicated with international suppliers to select the entire season's range based on market trends and pricing for the Indian market.
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Planned and prepared OTB, managed buying and procurement/sourcing activities including vendor identification, evaluation, shortlisting, selection, registration and negotiation of trading terms as well as completion of other legalities for order finalization.
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• Monitored inventory levels and ensured timely replenishment of merchandise.
• Executed comprehensive product planning to enhance store efficiency and 10th Level:
High School
VSSM Inter College
Addon Retail Pvt. Ltd. - Buyer Cum Merchandiser
Mumbai, India
07/2009 - 06/2010
Welspun Retail Pvt. Ltd. - Buyer Cum Merchandiser
Mumbai, India
05/2007 - 06/2009
maximize profitability.
• Implemented efficient inventory management system. Achieved and surpassed monthly sales volume goals, contributing to a 2% rise in overall net margin and exceeding the plan by 110%.
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Introduced unique initiatives like Furniture Festival and Special Dining Offers to drive sales.
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Promoted from Trader (Merchandiser) to Assistant Buyer within six months of joining the company.
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Reviewed inventory reports and monitored backorders to prioritize purchases based on customer demand.
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Analyzed customer feedback to identify areas of improvement in product selection process.
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Managed vendor accounts receivable payments ensuring timely payment according to established terms.
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• Monitored product margins and managed product resales.
• Worked as a Buyer cum Merchandiser for Men's Accessories
• Worked as Buyer cum Merchandiser for Bath category
• Handled 50 stores of North Region India.