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Organization
Job Title
ALLOCATOR
Location
New York, New York
Country
United States
Region
NY Metro
Position type
Permanent
Category
Retail
Job Function
Planning / Allocations
Experience level
Entry Level

ALLOCATOR

rag & bone is currently seeking an Allocator, responsible for the effective flow of finished goods inventory to achieve full sales potential at healthy profits with high turn-over throughout the season. Success for this role includes managing to strong financials (sales, margin, inventory), understanding business on a global scale but willing to work through the smallest details by taking initiative, being curious and collaborating freely.


Responsibilities:

 

Allocation (warehouse and initial) and Replenishment

 

• Analyze inventory trends to maximize item/store performance

 

• Build pre-season allocation plans and distribute the initial quantity of each delivery

 

• Recommend store specific inventory levels and executing the replenishment strategy that supports all stores being in-stock in core and fashion styles

 

• Monitor merchandise availability and communicating issues proactively to the team

 

• Recommend re-order quantities by SKU for replenishment items based on individual store performance

 

• Manage inventory ownership in bulks

 

• Update model stocks for core styles quarterly

 

• Work collaboratively with the buying team to align on strategy and product assortment

 

• Support cross functional team with weekly and adhoc reporting including sales recaps, forecasts and inventory positioning

Business Reporting

 

• Analyze historical sales performance to identify drivers of trends that diverge from expectation

 

• Understand impact of promotional strategies and pricing on sales and margin forecasts

Transfers/RTV/Markdowns

 

• Analyze selling and inventory by store-style-size for selected deliveries to stock balance within the network, between DTC channels (full price stores and outlet), between business units (retail, ecommerce, and wholesale)

 

• Review MD strategies to insure in line with margin targets

Technology/Systems Integration and Data Validation

 

• Evolve planning and allocation discipline with new or upgraded tools by participating in requirements gathering, user-testing and peer training on mechanics as well as best practices

 

• Continuously explore more efficient ways of working with systems

Qualifications:

 

• Strong attention to detail

 

• Advanced Excel skills required

 

• Interested in an analytical track in corporate retail

 

• Strong organizational skills and excellent communication skills with ability to influence, present and defend a business argument both one-on- one and in a group setting

 

• Previous experience in corporate retail environment in quantitative preferred