Manager, Allocations

About the role

Lead a team of analysts to develop allocation strategies based on influences such as historical sales data, geographic location, store size, and customer preferences. Support the execution of seasonal strategies and marketed events by ensuring the allocations on the right product at the right time are done in a timely manner. Monitor and adjust allocation strategies as necessary throughout seasons based on changing conditions.

Responsibilities

• Guide team of analysts to develop allocation strategies based on influences such as historical sales data, geographic location, store size, and customer preferences
• Lead a team in partnering with buying, planning, visual to plan for seasonal set and refresh allocations
• Support the execution of seasonal strategies and marketed events by ensuring the allocations on the right product at the right time are done in a timely manner
• Monitor and adjust allocation strategies as necessary throughout seasons based on changing conditions
• Evaluate opportunities and apply the necessary adjustments for upcoming seasons based on reviewing store sales performance, tracking sell-through rates
• Proactively identify and mitigate risks related to inventory management, such as overstocking, stockouts, or excess inventory write-offs
• Manage with cross functional partners slow-moving items and recommended actions to address these issues (hold in DC, markdown, floor placement moves)
• Review key performance metrics, highlighting areas for improvement and opportunity
• Review reporting on inventory performance and recommended strategy adjustments
• Oversee the partnership with Data Science team in building dynamic Power BI dashboards that fuel analysis and actions
• Help develop and deliver 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 within your team and with a cross-functional partners
• Train, manage and develop team of analysts

Qualifications

• Minimum of 4-7 years of experience in inventory management
• Effective cross-functional collaboration and communication skills
• Ability to delegate to a team, and provide ongoing coaching, feedback, and performance evaluations
• Foster a positive work environment where you lead a team to success
• 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