Nikhil Saggi

CEO

Bengaluru, Karnataka, India14 yrs 5 mos experience
Most Likely To SwitchHighly Stable

Key Highlights

  • Achieved 25% cost reduction through supplier networks.
  • Grew category margin by 3x at Flipkart.
  • Introduced sustainable brands, boosting market share.
Stackforce AI infers this person is a Retail Sourcing Expert with extensive experience in home decor and product development.

Contact

Skills

Core Skills

Global SourcingSupplier Negotiation

Other Skills

Business DevelopmentHome DecorProcurementMarket AnalysisContract NegotiationMerchandising StrategiesRetailVendor PartnershipsSupply ChainProduction PlanningTechnical Knowledge & SkillsQuality AssuranceProduct DevelopmentMarket ResearchCross-functional Team Leadership

About

✅ Developed sourcing networks with multiple suppliers across India and SEA, driving 25% cost reduction for Home Textiles, Furniture, and Home Décor ✅ Led successful launch of private label brands at Flipkart, growing category margin by 3x through optimized vendor negotiations ✅ Introduced sustainable international brands with exclusive arrangements, boosting market share and margin at Shoppers Stop From Concept to shelf i help retailers launch products at ease.. ⏩Product Categories I handle? Product types (By Room) : ✔ Bedroom: Rugs, Carpets, Flooring, Sheets, Blankets, Throws, Curtains, Pillowcase, Duetcover Set, Candles, Glass Holders, Hooks, Hangers, Jewellery Box. ✔ Living Room: Cushion Cover, Vase, Basket, Trays, Cande holders, watering can, flower pot, Lantern, Doormat ✔ Kids Room: Soft & Hard Toys, Filled cushions, Buntings, Printed durries, Poufs, storage, Wall decoration, Canopy, Tents, Lamps, Lightings, Paper wall hangings, Garland ✔ Kitchen: Cutlery, Storage, Containers, Tableware, Kitchen Towels, Apron, Placemats, Tablemats, Napkins, Chopping Boards, Plate, Glass, Cookware, bakeware, Dinnerware, Coasters ✔ Bath Room: Bathmats, Shower Curtain, Bathrobe, Towels, Soap Pump, Dispenser, Jewellery Tree ✔ Outdoor: Plant Pots, Garden Tools, Garden Torch, Lanterns, Beach Towel, Ponche Towel ✔ Furniture & Lighting: Bedside table, Dinning table, Lounge chair, Cofee table, Table lamp, Floor Lamp, chandelier, Nursery Furniture, Kids Furniture, Upholstery, Poufs, Ascent Furniture, Pedestal ✔ Home Improvement - Wrenches Nails, Tiles , Tools, Vinyl flooring , Floor and wall tiles ⏩Trade exhibitions I have visited 1) Frankfurt & Ambiente fair – 𝑮𝒆𝒓𝒎𝒂𝒏𝒚 2) IHA - Chicago, 𝑼𝒏𝒊𝒕𝒆𝒅 𝑺𝒕𝒂𝒕𝒆𝒔 3) Homi Milano- 𝑰𝒕𝒂𝒍𝒚 4) Houseware show- 𝑯𝒐𝒏𝒈𝒌𝒐𝒏𝒈 5) Canton Fair –𝑪𝒉𝒊𝒏𝒂 6) Yiwu Fair- 𝑪𝒉𝒊𝒏𝒂 7) Jinhan Fair- 𝑪𝒉𝒊𝒏𝒂 8) Lifestyle fair – 𝑽𝒊𝒆𝒕𝒏𝒂𝒎 9) CIFF-furniture fair 𝑪𝒉𝒊𝒏𝒂 10) EPCH & HGH fairs - 𝑰𝒏𝒅𝒊𝒂 11) National Hardware Show As an individual, I am a self-starter with excellent prospecting, relationship building, and presentation skills across a diverse clientele. I am a results-driven professional with a globally immersive experience across multiple cultures and working environments and am comfortable working in a fast-paced and dynamic environment. Let's connect and collaborate to create meaningful opportunities together.

Experience

14 yrs 5 mos
Total Experience
2 yrs 4 mos
Average Tenure
3 yrs 3 mos
Current Experience

Lowe's india

Global Sourcing Leader - Home Improvement (Decor & Building Products)

Feb 2023Present · 3 yrs 3 mos · Bangalore Urban, Karnataka, India · On-site

  • Scaling impact at a $157B Fortune 50 retailer. Transforming the home improvement experience for 16M weekly customers across 1,700+ U.S. locations
  • I lead the sourcing of Home decor and Building product verticals from the Indian subcontinent for the U.S. market. From concept to shelf, I help launch products with ease
  • 1) Lead complex sourcing projects: utilizing advanced project management and sourcing tools.
  • 2) Develop and execute comprehensive negotiation strategies to maximize supplier value.
  • 3) Analyze market trends and vendor performance and to inform sourcing decisions and drive cost efficiency.
  • 4) Collaborate with cross-functional team to align sourcing strategies with business objectives.
  • 5) Manage vendor relationships: Ensuring compliance and quality standards are met.
  • 6) Present data-driven insights to stakeholders for informed decision-making.
Global SourcingBusiness DevelopmentSupplier NegotiationHome DecorProcurement

H&m

2 roles

Head Sourcing & Merchandising Manager- India & South east Asia

Oct 2020Oct 2021 · 1 yr · New Delhi, Delhi, India

Sourcing Head (H&M Home) Home Textiles | Decor | Furniture & Lights

Aug 2018Oct 2020 · 2 yrs 2 mos · New Delhi, Delhi, India

  • H&M Home Sourcing Representative for India Sourcing - Home Textiles , Decor , Furniture & Lighting Business

Flipkart

Head Sourcing (Decor Private Brands) (Acquired by Walmart)

Jul 2017Aug 2018 · 1 yr 1 mo · Bengaluru, Karnataka, India · On-site

  • Joined as founding member of the private label team , curated the range and sourcing eco system to launch private label brands as " Flipkart smart Buy " & " Perfect Homes "

Shoppers stop

Senior Buyer Kitchen & Tableware-Homestop ( Exclusive & Private brands )

Jul 2014Jul 2017 · 3 yrs · Mumbai, Maharashtra, India

  • Helped "Home stop" to grow their private label business share from 12% to 75% in Home & Kitchen category , Introduced 17 International brands under exclusive arrangement in India ... Under my supervision we launched brands around Sustainability such as "Back to earth" & "Harissa" and "Bakerstop" and grew the margin to 3X by re- imagining the brand values , proposition including look and feel , merchandise range and strategy and reconfiguring marketing channel & Store mix.

Zara sa

Buyer- Zara Home

Aug 2013Jul 2014 · 11 mos · A Coruña, Galicia, Spain

  • As a buyer for Zara Home - Décor (global markets), I assisted the design team in bringing their conceptualizations to life by curating and developing a large number of new product lines over the course of two seasons with a large number of suppliers, resulting in revenue of about XM$ and double-digit business growth overall.

Target australia

Senior Merchandiser

Aug 2010Aug 2013 · 3 yrs · Gurugram, Haryana, India · On-site

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