Our client, an iconic fashion brand, is seeking an Allocator for their Los Angeles team.
The Allocator will manage inventory levels for assigned merchandise categories, ensuring stores have the optimal amount of product at all times.Essential Duties and Responsibilities: Manage merchandise from initial allocation through end of life cycle, including replenishment and consolidation of goods to other stores or channels.Control overall store inventory levels based on store capacity, seasonality and selling curves.Allocate multiple product categories to retail stores, while working closely with the Planner to ensure that each location has the right product at the right time.Participate in monthly reviews with merchandising and planning to ensure allocations meet sales objectives.Manage the basic stock replenishment program, partnering with the Planner to maximize sales and optimizing stock levels in stores.Partner with production team regarding ship status, shortages and overages.Collaborate with Planner to identify growth opportunities and minimize down-trending business.
This includes identifying the best assortment of merchandise for stores, based on past sales performance, emerging trends, and store needs.Provide analysis to drive sales and margin opportunities by store while limiting risk.Make recommendations to improve processes and tools to improve productivity.Focus on maintaining data accuracy of cross functional alignment.
Ensuring information inputs are accurate and active throughout various systemsActively participate in the cross functional team to drive the business.Skills and Qualifications: 2-3 Years of relevant work experience in allocation or inventory analysis, preferably in the retail industry.Bachelor’s DegreeExcellent analytical, organizational, communication, and computer skills.Demonstrated ability to identify opportunities and create solutions.Detail oriented with excellent follow through.Ability to shift priorities and embrace change.Fosters a positive and motivating work outlook with emphasis on team collaborationHigh proficiency in Excel