prem kumar

Co-Founder

Bengaluru, Karnataka, India22 yrs 1 mo experience
Highly Stable

Key Highlights

  • Grew cultsport from zero to 120 Cr ARR in four years.
  • Expert in sustainable supply chain for D2C fashion.
  • Launched multiple product categories successfully.
Stackforce AI infers this person is a leader in the D2C fashion industry with expertise in sustainable supply chain management.

Contact

Skills

Core Skills

Business DevelopmentProduct StrategyProduct ManagementP&l ManagementBuyingSourcing

Other Skills

Design to delivery solutionSustainabilityFlexibilityQuick turnaroundInventory OptimizationProject ManagementProduct DesignBusiness GrowthCustomer ExperienceMarketing StrategyAssortment PlanningCustomer InsightRetail ManagementLeadershipDigital Marketing

About

As the founder of QckIn, I am on a mission to revolutionize the direct-to-consumer (D2C) fashion industry by offering a one-stop solution for design to delivery. With a focus on sustainability and futurism, I aim to address the challenges of fast fashion brands by providing flexibility, quick turnaround, and low minimum order quantities. With over five years of experience in leading business development and product strategy for apparel, footwear, and accessories at cultsport, I have successfully grown the brand from zero to 120 Cr ARR in four years. I have also launched multiple categories and led the brand to positive business momentum. The expertise i have gained in 22 years in assortment planning, business growth, and brand building has enabled me to devise and execute effective product, pricing, with efficient supply chain. I am passionate about creating a sustainable and futuristic supply chain ecosystem for D2C brands.

Experience

22 yrs 1 mo
Total Experience
2 yrs 11 mos
Average Tenure
1 yr 6 mos
Current Experience

Rapidrunway.com

Founder - rapidrunway.com

Oct 2024Present · 1 yr 6 mos · Bangalore Urban, Karnataka, India · On-site

  • A one stop solution for D2C brands, Offering design to delivery solution for Apparel, footwear and accessories.
  • Trying to solve the challenges of D2C fashion industry :
  • Less MOQ, Quick turn around and offer the flexibility and bandwidth for fast fashion brands.
  • On a mission to create a sustainable and futuristic supply chain ecosystem for D2C brands.
Design to delivery solutionSustainabilityFlexibilityQuick turnaroundBusiness DevelopmentProduct Strategy

River

Business Head - Apparels, gear and accessories

Jan 2024Sep 2024 · 8 mos · Bangalore Urban, Karnataka, India · On-site

Cultsport

Business Head - Apparel, Footwear & acc

Aug 2018Jan 2024 · 5 yrs 5 mos · Bengaluru Area, India · On-site

  • Innovative approach to modern retailing and willing to explore new methods of delivering an improved and balanced performance.
  • Devise Product, Pricing, Promotion and Marketing strategy of the brand. Liaise with Internal and external stakeholders to deliver on profitable y-o-y growth.
  • Execute on top partnership opportunities in the China region while working with key internal stakeholders
  • Heading the P&L and Business development for a portfolio of products - Apparel, Footwear and Accessories.
  • Helped in growing the brand from Zero to 120 Cr ARR in 4 years.
  • Launched Multiple categories - Active & athleisure apparels, footwear and accessories
  • Led the brand to BMM positive business in 4 years.
Inventory OptimizationProject ManagementProduct DesignBusiness GrowthCustomer ExperienceMarketing Strategy+11

Royal enfield

Head - Product ( Apparels and accessories)

Sep 2014Aug 2018 · 3 yrs 11 mos · Gurgaon, India

  • Product and P&L owner
  • Lead and manage multiple categories of buying for the brand
  • Forecast sales and profits, manage merchandise budget and use information resources to produce the right product mix.
  • Coordinate with business analysts to create category metric reports and identify key performance indicators.
  • Lead a team of employees and direct them to achieve sales growth.
  • Control inventory and manage markdowns most efficiently to minimize losses for the brand.
  • Chart out long-term strategies for different products and create an exit plan for products no longer viable to the brand.
  • Forecast products demand and ensure inventory of the same.
  • Brand collaboration - International brand collaboration and co-developing range of products.
  • A good eye on detail for the entire Business Plan to be broken up into projects and sub projects that would ultimately ensure realization of goal within specified time period.
Inventory OptimizationProject ManagementProduct DesignCustomer ExperienceAssortment PlanningRetail Management+6

Voi jeans

Head - Buying, Product and Sourcing

Jan 2013Sep 2014 · 1 yr 8 mos · Bangalore · On-site

  • Buying,Product and sourcing function of all the categories of VOI Jeans.
  • Solid expert in garment (woven & Knits), footwear (sports & casual) production and sourcing.
  • Strong costing and negotiation skills with clear understanding of product and supply chain components and proven records of meeting and exceeding targeted gross margin.
  • Building range architecture for all the categories for the brand.
  • Supply chain management from the design stage to product delivery to the sales points.
  • Gap Analysis and developments of insertion.
  • Vendor management and sourcing - India and China.
  • A good eye on detail for the entire Business Plan to be broken up into projects and sub projects that would ultimately ensure realisation of goal within specified time period.
  • Combination of Product Skills with Intelligent analysis of numbers through sales trends.
Product DesignVendor ManagementTeam LeadershipBuyingSourcing

Prateek apparels pvt ltd

Business Head

Aug 2010May 2012 · 1 yr 9 mos · Bangalore

  • Heading 2 business verticals.
  • Women's wear private label business and Brand business - Coupon retail format (250 Cr)
  • Key Responsibilities
  • Responsible for store revenue, inventory levels, discounts and margin of the 8 stores
  • Budget mapping, tracking of stock, inventory and sales analysis.
  • Evaluating Business channel sales patterns
  • Working capital management for Out right buying part of the business
  • Sales Forecast Planning: Analyze historical sales & market trend reports to project monthly/ ongoing and yearly sales volume.
  • Relation ship Management of 180 brands, And growing them.

Arvind life style brands

Manager Product and Sourcing

May 2007Aug 2010 · 3 yrs 3 mos · Bangalore

  • responsible for creating the range for the season with the designer and sales data
  • Costing and product engineering, so as to acheive the desired multiplier as per the business plan
  • sourcing the garments in the right cost in right time

Gokaldas images

Factory Manager

Jun 2003May 2007 · 3 yrs 11 mos

  • Responsible for managing the factory of 1400 People and to maintain efficiency, quality and meet the delivery dates

Education

INSEAD

Executive education for senoir leadership (ILPSE)

Jan 2018Jan 2019

Indian Institute of Management Bangalore

Executive Programme — Strategy and Leadeship

Jan 2017Jan 2017

National Institute of Fashion Technology

GMT — Textiles

Jan 2001Jan 2003

Bharathiar University

B.Tech — Textiles

Jan 1997Jan 2001

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