Merch Invent Analyst/Allocator
About the role
The Merchandise Allocation Analyst is responsible for allocating and distributing inventory to the stores for designated merchandise categories. This individual analyzes various components of the stores’ business and, based on the results of analysis, makes decisions regarding the manner in which merchandise is allocated in order to maximize sales and inventory productivity. This role is key to ensuring the product plan and vision is executed to its full potential.
Responsibilities
- Develop and implement cohesive allocation strategies across designated retail businesses
- Analyze and formulate store inventory placement by monitoring store category sales, understanding existing physical inventory, identifying trends, and monitoring the timing and scope of seasonal changes
- Evaluate store sales and inventory levels to identify areas of opportunity
- Communicate store inventory opportunities to cross functional retail teams — buying, planning, store operations, field management
- Provide insight regarding store inventories to merchants and planners to support the creation of seasonal product strategies
- Provide guidance regarding selling patterns, the timing of future purchases, and purchasing philosophies
- Understand and utilize Replenishment Systems, Allocations Systems/Access and Data Warehouse applications
- Evaluate and maximize system capabilities to further enhance allocation tools and effectiveness
- Maximize the profit potential of assigned categories by analyzing inventory risks and opportunities, and developing and implementing inventory allocation strategies
- Streamline the flow of merchandise through effective analysis and guidance
- Determine and standardize allocation best practices
- Manage new store opening assortment
- Analyze store inventory issues and make appropriate recommendations for stock balancing
Requirements
- Bachelor’s Degree in a related field or equivalent work experience
- Excellent analytical, communications, interpersonal and PC skills
- 2–4 years of related experience required, including store planning and inventory management, or buying office experience
- Experience with E3, Manhattan or different replenishment software is a strong plus
- Softline experience preferred
Benefits
- Comprehensive benefits package
- Rewarding environment and competitive pay
- Generous Dream Maker Discount after first pay period
- Referral Incentive Program
- Dayforce Wallet – get paid early
- Health, dental, and vision insurance
- 401K program
- Paid vacation, wellness days, and holidays, including your birthday off
- Pet benefits
Pay
The standard base pay range for this role is posted at a minimum and maximum rate. The starting rate of pay offered will vary based on factors including, but not limited to, position offered, location, training, and/or experience, and internal equity. This base pay range is specific to the state this role is posted in and may not be applicable to other locations. At David’s Bridal, it is rare for an individual to be hired at the high end of the range in their role, but instead closer to the midpoint of the posted range, and compensation decisions are dependent upon the details and circumstances of each position and candidate.
Schedule
Full-time opportunity.