Store Allocator 7FAM

Description:
To contribute to the business team in order to achieve divisional and departmental merchandising plans. Develop and maintain optimum store inventory levels, monitor new store performance, and determine proper inventory mixes to satisfy each store by gender, category, style, and size requirement.

JOB DUTIES:
  • Develop and execute initial allocation and replenishment of product to all assigned stores detailed in the “Buy Plans.” Manage auto replenishment within published standards and proactively make adjustments based on sales trends, seasonality factors, visual merchandising strategies, and business needs.
  • Responsible for monitoring SKU performance at the store level and recommending transfers or consolidations within published guidelines.
  • Ensure the right balance of product within their respective gender/category.
  • Develop allocation parameters that take into account store capacity, demand, bulks, seasonality and product life styles.
  • Assume responsibility for re-works and transfers based on the “out of stock” criteria set by the planners while focusing on the quality of merchandise, not quantity.
  • Monitor “Buy Plans” to ensure that bulks are being distributed in a timely manner. Communicate any issues to the Merchandiser, who will resolve them with the Allocations department. Actively anticipate potential product constraints and direct the Merchandiser to bulk goods to protect future needs.
Requirements:
  • 3-5 years in a similar role ideally in a retail or wholesale environment
  • Marketplace/ eComm experience a plus
  • Excellent Excel skills, SQL knowledge a plus
  • Proactive personality with a can-do attitude
  • Comfortable with client interaction
  • Customer centric mindset
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