Allocations Analyst
About the role
The Allocations Analyst will ensure that product flow and allocations of product to stores adheres to the goals of the company and department. This Team Member will serve as a cross-functional partner of the assigned Michaels Buyer Team(s) and will partner in needed communication flow from merchandise tracking, distribution centers and stores.
Responsibilities
- Develop criteria to use for allocation strategy through historical sales analysis
- Review sales tracking weekly with buyer and team
- Partner with Category Management Planner to ensure that flow of goods will optimize sales and space productivity
- Review prior year sales, inventory and demand to optimize new season allocation
- Incorporate merchandise strategy into the formation of allocation methods
- Communicate with store operations, DMs, and ZVPs to find sales and allocation improvement opportunities
- Allocate purchase orders for assigned departments, including seasonal assets, trends items, and new direct to store items
- Plan, manage, and execute all allocations to the store level
- Adjust allocation plans for any needed special programs or regions
- Coordinate and communicate with DC expediters and merchandise tracking allocation issues
- Validate stores on POG prior to releasing allocation
- Partner with new store department on timing of openings of new and relocation stores
- Participate in weekly Buyer Team meetings and POG review with Merchant Teams
- Captain special projects as assigned by supervisor
Requirements
- BS in Retail, Business, or related Field
- 1-3 years retail experience preferred
Benefits
Michaels offers a range of benefits to support team members and their families, including 401(k) with employer match, Employee Assistance Program, medical, dental, and vision coverage, telemedicine services, flexible spending accounts, commuter benefits, tuition assistance, adoption assistance, and various voluntary insurance options. Team members also enjoy everyday perks such as employee discounts and access to partner discount programs.