Sr. Allocation Analyst

JOB RESPONSIBILITIES Seasonal Allocation and Planning

• Oversee businesses with over 1,000 SKUs which are managed at multiple allocatable levels
• Own areas of the business with varying assortments based on store type
• Coordinate with buying, planning, visual to plan for seasonal set and refresh allocations
• Optimize the allocation of products to prevent stockouts and reduce excess inventory at end of season or product life cycle
• Review and approve the allocation of merchandise to warehouses and stores based on demand forecasts, sales trends, and optimal inventory levels
• Support the execution of seasonal strategies and market events by allocating the right products to stores and online channels as per the marketing and merchandising plans

• Monitor store sales performance, tracking sell-through rates. Review the opportunities and apply the necessary adjustments for upcoming seasons
• Collaborate with cross functional partners to identify slow-moving items and recommend actions to address these issues (hold in DC, markdown, floor placement moves)
• Generate, maintain, and communicate key performance metrics from allocation reports to show areas for improvement

• Generate reporting on inventory performance and recommend strategy adjustments as needed
• Partner with Data Science team to help transform manual data sets into dynamic Power BI dashboards that fuel analysis and deliberate changes
• Develop a story from large data sets to create an action plan accordingly

• Cross-collaborate closely with (but not limited to) Buying, Planning, Visual Merchandising and Supply Chain to ensure effective communication and coordination
• Provide regular updates on allocation effectiveness throughout the season
• Support a collaborative, innovative, and results-oriented environment with a cross-functional team focused on driving sales and optimal store presentation levels

• Minimum of 2-4 years of experience in inventory management
• Effective cross-functional collaboration and communication skills
• Ability to analyze data and provide actionable feedback. A strong problem-solving skillset
• Capable of prioritizing workload in a fast paced and dynamic environment
• Sense of urgency and excitement to be a part of a high-growth retail environment
• Able to formulate a point of view of the business and to summarize opportunities and strategies
• Advanced Microsoft Excel skills and ability to learn systems quickly. Power BI or Tableau experience a bonus

Explore our benefits site to discover all the perks and support we offer! From health coverage to financial and personal wellness, we’ve got you covered—check it out today!

Five Below is an Equal Opportunity Employer
. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, age, national origin, disability, protected veteran status, gender identity or any other factor protected by applicable federal, state, or local laws.

Five Below is committed to working with and providing reasonable accommodations for individuals with disabilities
. If you need a reasonable accommodation because of a disability for any part of the employment process, please submit a request and let us know the nature of your request and your contact information.