Imran,
Your April briefing is below. The headline: Faiza's team captured Rs. 38 Lagainst detected leak this month — your highest capture rate yet (24%, against an industry benchmark of 30–45%). Rs. 1.46 Cr is still in flight across nine open SOP gaps.
Two items deserve your attention. First, the Karachi over-allocation issue (SOP-G02) is now eight months running — Faiza's team will need a decision from you about whether to formally re-grade the cluster in D365 or wait for the FY26 review cycle. Holding costs Rs. 45 L per quarter while we wait. Second, men's formal margin has slipped 2.1pp YoY, mostly driven by markdown latency (SOP-G05). The full briefing is attached as a PDF.
As always — happy to jump on a call if useful.
Faiza re-graded Tariq Road, Bahadurabad, and DHA Phase 8 from “A” to “B” cluster on April 14. The next master plan reflected the change immediately. SOP-G11 is now closed.
Eight months of detected leak. Re-grading takes 30 minutes in D365 but requires sign-off because it changes purchase commitments. Faiza is ready to action — needs your blessing or a calendar slot to discuss.
GM% down 2.1pp YoY in this category. Driven mostly by SOP-G05 (markdown latency). The pattern is identifiable but the SOP fix is harder than re-grading — would benefit from a 30-min review with you, Faiza, and the buying team.
Capture rate has steadily climbed from 9% in our first month to 24% this April. We expect this to plateau around 30–35% as Bilal's team gets more confident with the daily worklist routine.
— Relo
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