vivek Vivek

vivek Vivek

Inventory and sales optimization specialist

Country

Canada

City

Edmonton

Industry

Retail

Skill

Inventory Management, Supply Chain Management, Inventory Control, Logistics, Forecasting, Warehousing, Procurement, Warehouse Operations, Logistics Management, Materials Management

Experience

INTERNATIONAL BEAUTY SERVICES AND SUPPLIES

Inventory and sales optimization specialist

INTERNATIONAL BEAUTY SERVICES AND SUPPLIES

2023-9 - Present · 3 yrs 1 mo

Canada

• Manage end-to-end inventory planning for 12 wholesale stores across Western Canada and support 20,000+ salon clients, ensuring service continuity and accurate demand fulfillment. • Delivered 8% YoY growth by applying data-driven forecasting models, optimizing replenishment cycles, and improving SKU-level availability. • Conduct EOQ, safety stock, and reorder point analysis across all locations, improving replenishment accuracy and reducing stockouts on high-velocity items. • Perform store-level sales performance analysis to identify demand patterns, adjust inventory strategies, and optimize product mix by region. • Build and maintain Power BI dashboards to analyze inventory trends, stock movements, supplier performance, and SKU profitability. • Reduce lost sales through predictive demand modeling, proactive restocking, and inventory balancing across stores and warehouses. • Improve inventory accuracy through cycle counts, variance analysis, and root cause investigations, implementing corrective actions that reduce recurring discrepancies. • Strengthen supplier reliability by analyzing lead times, managing purchase orders strategically, and resolving goods receipt variances promptly. • Increase inventory turnover by identifying slow-moving SKUs and executing targeted reduction, rotation, and promotional strategies. • Align inventory with promotional calendars and brand priorities, ensuring adequate stock for high-impact marketing periods. • Enhance operational efficiency by standardizing inventory processes, training store teams, and implementing loss prevention best practices. • Maintain 100% synchronization between physical inventory and Shopify listings, improving online accuracy and customer experience.

Veyance Rubber India Pvt Ltd.

Asst Manager

Veyance Rubber India Pvt Ltd.

2012-2 - 2014-8 · 2 yrs 7 mos

Bangalore

• Preparing all India Procurement plan for our $ 6 million sale business. • Establish Supply / Demand Process managing open orders, forecasting, purchase order placement, replenishment. • System Expert and primary support contact for SAP transactions in the Material Management module, Master Data and Supply Chain processes. • Offer system knowledge and provide training on Supply Chain procedures, best practices and SAP transactions to remote sites and Central Warehouse. • Review inventory adjustment requests from Warehouse and post approved inventory adjustment requests in ERP system. Work with Finance to ensure that costs of material are charged to proper financial account/ cost center. Monitor volume of inventory adjustments and flag potential areas of risk. • Schedule cycle counts for Warehouse. Review and post cycle count results in ERP system. Track and analyze inventory accuracy rates. • Complete special projects as directed by management. • Structured the inventory policy and fixed Max / Min., reorder points, EOQ and safety stock level for each item. • Handled various analyses such as Fast / Slow / Non Moving, XYZ, ABC etc • Implementing systems to avoid situations like over-stocking or out-of-stock which cause production and financial losses. • Plan and schedule all inventory activities including cycle counting, inventory transactions, auditing and reporting • Implementing Standard Operating Procedures within the warehouse. • Monitoring incoming and outgoing stock, deliveries and logistics • Supervising logistic operations. Negotiating with transporters, shippers, etc. to ensure seamless and cost-effective movement of consignment. • Regularizing material receipts and ensuring the fluidity of stocks from warehouse to stores • Liaison with finance department for timely payment of bills. • Evaluating vendors & negotiating the price, delivery schedule and terms and conditions with them.

Aditya Birla Fashion and Retail Ltd - Pantaloons

Inventory Specialist

Aditya Birla Fashion and Retail Ltd - Pantaloons

LinkedIn
2010-5 - 2011-11 · 1 yr 7 mos

Bangalore

• Managing Inventory worth 24 Cr. • Controls inventory levels by conducting physical counts; reconciling with data storage system. • Maintain Inventory SOP in Store. • Maintains receiving, warehousing, and distribution operations by initiating, coordinating, and enforcing program, operational, and personnel policies and procedures. • Inward and Outward of material • To maintain smooth operation in Ware house inbound IRT activities • Responsible for supplier returns dispatch within given TAT ensuring all relevant documents are attached along with returns like T2,38,VAT • Safeguards warehouse operations and contents by establishing and monitoring security procedures and protocols. • Maintains physical condition of warehouse by planning and implementing new design layouts; inspecting equipment; issuing work orders for repair and requisitions for replacement. • Completes warehouse operational requirements by scheduling and assigning employees; following up on work results. • Maintains warehouse staff job results by coaching, counseling, and disciplining employees; planning, monitoring, and appraising job results. • Provide timely and detail oriented shipping and inventory issue resolution • Develop inventory control policies and procedures enhancing program efficacy • Shrinkage Control • Monitor stock levels and carry out periodic stock takes • Supervise up to 30 staff members, including preparing weekly rosters and leading staff evaluations • Interview prospective employees and train new staff members • Record all stock movement and deliveries in database and prepare regular reports • Helping all the Floor managers in improving sale. • Return to Vendor and GIT monitoring.

Reliance Digital

Asst. Manager

Reliance Digital

LinkedIn
2008-5 - 2010-5 · 2 yrs 1 mo

Bangalore

• In charge of a 8000 sqft IT department that sold dozens of product lines and responsible for implementing company procedures and plans, and delivering excellent operational standards in partnership with the Retail Operations Team • Preparing plan for achieving store level target. • Responsible for Sales and bottom-line profits of the store. Regular tracking of ticket size & converting foot-falls in store • Ensuring attractive merchandise display & over all store layout. • Resolve customer problems or complaints by determining optimal solutions • Mapping competition in terms of categories, price points, physical appearance • Effectively manage employee turnover. Provide a positive working environment and handle employee issues appropriately and in a timely manner. • Building up a healthy culture by fostering organizational Values and maintain over all discipline in the Store • Prepare strategic plan to improve the business • Reducing shrinkages and ensure Stock replenishment • Part of New store opening team • Setting the Sales target and Revenue target for Staff. • Monitoring effective inventory management / product planning / stock replenishment & reordering • Monitor and control cost within budgetary guidelines. • Maintain minimum shrinkage. • Maintained 16 % EBITDA for store. • Ensuring year on year growth as well as month on month basis.

Education

Indian Institute of Planning and Management

Indian Institute of Planning and Management

LinkedIn

Finance and Marketing

2006 - 2008 · 2 yrs

vivek Vivek's Contact Information

Email

******@***.com

Phone

(**) *** ****

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