Allocation Analyst

Responsibilities

• Responsible for managing inventory and order allocation to retail stores and ecomm across multiple product categories
• Utilize allocation and replenishment best practices, including tools and processes, to ensure the right inventory is in the right location at the right time to maximize sales and profitability
• Partner with Buyers and Planners to manage key replenishment programs throughout the product life cycle.
• Execute replenishment orders and ensure that buy quantities and stock levels meet current sales trends to maximize sales during key selling periods
• Manage inventory flow by prioritizing initial order and reorder allocations based on purchase order due dates, and communicate purchase orders details with vendors to ensure on time product delivery
• Use a combination of data, expertise, and critical thinking to develop allocation strategies and proactively look for opportunities to ensure accurate allocations
• Manage localization strategies by category that ensure product relevancy and profitable sales
• Manage the maintenance of size profiles to ensure accurate allocation of future orders based on historical store performance
• Assist in the execution of new store openings, to ensure each location has optimal inventory levels by category
• Execute product transfers and consolidations, to maximize sales and margin performance
• Work closely with Buyers and Planners on special projects that identify sales and inventory opportunities and use specialized point of view to influence inventory management decisions
• Recommend changes and enhancements to improve current allocation processes and tools and identify ways to increase efficiencies.

• Minimum of 2 years of allocation experience and/or graduate of a 4-year Retail Merchandising or Business program
• Bachelor’s Degree
• Strong retail planning analytical skills
• Proficient in Excel
• Self-motivator who takes initiative and ownership over managing and completing tasks
• Innovative thinker and problem solver with ability to implement improvements to existing processes
• Meticulous attention to detail in operational execution
• Easily adapts to work with frequent shifts in direction
• Excellent organizational skills and interpersonal skills
• Working knowledge of Excel