Allocation Analyst

Essential Duties And Responsibilities

• Maintains product levels in stores based on sales and customer data.
• Monitors and adjusts allocation as necessary based on sales and customer data.
• Ensures stores have sufficient product and manages inventory levels.
• Allocates new products to stores and determines product placement.
• Works with assortment planners to allocate floor sets based on store grades and width and depth plans.
• Transfers products between stores based on data and trends.
• Manages inventory at the warehouse, paying attention to product details.
• Pushes out existing inventory from the warehouse to the right stores.
• Builds new stores with inventory based on sales, market, and demographic data.
• Collects data and information about products and works with the buying team to split purchase orders.
• Communicates with other Allocators to improve allocation practices.
• Creates and analyzes reports to support allocation decisions.
• Utilizes customer and sales data to determine store needs.
• Responds to feedback and requests from District Managers and Operations regarding quantities and assortments.
• Participates in End of Month and End of Quarter meetings to provide category-specific analysis and recommendations.
• Periodically visits store locations to review product mix, gather feedback, and analyze market trends.
• Ensures coordination of outfits and complementary products at the store level.
• Calculates performance metrics for each store and item.
• Manages and balances store inventory levels for both existing and new store openings.
• Collaborates with buyers and planners to execute the merchandising vision.
• Uses programs like BY, MMS, and BI to allocate products and ensure smooth operations.
• Handles inventory management issues at the store level, including mis-ships and improper system information.
• Ensures product levels in each store align with the allocation plan.
• Adjusts the plan as needed based on customer and sales data.
• Protects the company's assets and financial information by ensuring internal control procedures are accurate and effective.
• Consolidates inventory and product transfers.
• Analyzes store needs for different product categories and ensures assortments are executed as intended.

Qualifications

• High school diploma or equivalent.
• Bachelor's degree in Merchandising or a related field preferred.
• 2 - 4 years of related experience.
• Strong communication and analytical skills.
• Ability to make decisions based on trends and data.
• Strategic thinking skills.
• A good attitude and work ethic.