Fashion Allocation Analyst

YM Inc; Toronto; On-site; CAD 40,000 - 80,000; Full time

Job summary

An established industry player is seeking a Fashion Allocation Analyst to manage inventory and allocations across various categories. This role involves developing allocation plans, monitoring performance through key metrics, and collaborating with buying and marketing teams to optimize store offerings. The ideal candidate will have a strong background in fashion merchandising, excellent analytical skills, and proficiency in Microsoft Excel. Join a supportive and dynamic team that values creativity and initiative, offering opportunities for career advancement and professional development in a vibrant retail environment.

Benefits

Competitive Compensation Package

Health and Dental Benefits Plan

Paid Sick Days

Employee Discount

Tuition Reimbursement

Ongoing Training and Development

Career Advancement Opportunities

Company events

Extended health care

On-site parking

Qualifications

• 1+ year of experience in fashion merchandising and retail.
• Proficient in Microsoft Excel for reporting and analysis.

Responsibilities

• Develop weekly allocation plans to maintain optimal inventory levels.
• Monitor department performance using key performance indicators.
• Execute timely allocations to keep stores replenished.

Skills

Analytical skills

Problem-solving skills

Communication skills

Time management

Inventory control

Organizational skills

Self-motivation

Teamwork

Education

Fashion Business Post-Secondary Graduate

High School Diploma with equivalent experience

Tools

Microsoft Excel

Job description

YM Inc. was founded on the strength of a single retail store in the heart of downtown Toronto in 1975, under the name Stitches. Today we are one of North America’s leading apparel retailers operating over 800 stores across Canada and the United States under the following banners: Stitches, Urban Planet, Urban Behavior, Sirens, Urban Kids, Suzy Shier, Bluenotes, West 49, Mandee and Charlotte Russe.

Our goal is to sustain performance that exceeds expectations. We are committed to creating a culture where people feel valued and inspired to achieve results. We give our people the appropriate tools, freedom and authority to make decisions. We attract and nurture the best people by providing leadership opportunities, career development and continuous learning. We are committed to leading by example and with integrity. We treat people with respect and dignity, promote the benefits of diversity and address challenges in a direct and compassionate manner. We engage people in our goals and objectives; we listen and act on new ideas where possible. That is our Philosophy.

Position Overview:

As a Fashion Allocation Analyst, you are responsible for managing a set of assigned categories. Through the use of daily, weekly, monthly and annual reports, you will develop weekly allocation plans and assortment plans to build and maintain model stocks. Through partnership with management, you will ensure timely, effective allocations that support the needs of the stores and the business.

Duties and Responsibilities:

1. Develop weekly allocation plans on assigned categories that meet the needs of the stores and maintain optimal inventory levels and assortments.
2. Monitor and report on department performance and category performance using key performance indicators (KPIs).
3. Execute timely, accurate allocations that will keep stores modeled and replenished through use of reports and analysis.
4. Regularly complete store visits, with written reports, to review and collect feedback on the effectiveness of the allocations as well as identify opportunities to enhance allocations.
5. Maintain optimal inventory levels and assortment mix.
6. Monitor stock to sales ratios and stock turns.
7. Pull performing styles for weekly review.
8. Report on weekly distributions, new styles, number of units distributed and receiving stores.
9. Collaborate with buying teams to identify and prioritize key items.
10. Work with the Visual and Marketing departments to highlight opportunities of “key” and “it” items and provide specific store allocation and model information.

Qualifications:

1. Fashion Business Post-Secondary Graduate or High School Diploma with equivalent experience.
2. Retail experience an asset.
3. Proficient in Microsoft Excel.

Related Work Skills:

1. Must have a great sense of numbers, inventory control and organizational skills.
2. Strong analytical and problem-solving skills.
3. Effective communication and time management.
4. Must work well independently and in a team-oriented environment.
5. Self-motivated, energetic and able to adapt quickly to change.
6. Exercise good judgment.

What we offer:

1. Competitive Compensation Package.
2. Health and Dental Benefits Plan.
3. Paid Sick Days.
4. Employee Discount.
5. Tuition Reimbursement.
6. Ongoing Training and Development.
7. Career Advancement Opportunities.
8. Being part of an amazing, supportive and collaborative team.

This posting is for an open vacancy.

YM Inc. is an equal opportunity employer. If chosen to participate in the selection process, accommodations are available upon request. We will consult with the applicant to provide or arrange suitable accommodation in a manner that takes into account the applicant’s accessibility needs.

Job Types: Full-time, Permanent

Benefits:

1. Company events.
2. Extended health care.
3. On-site parking.
4. Paid time off.
5. Store discount.

Schedule:

1. Monday to Friday.

Application question(s):

1. Did you go to school for Fashion Merchandising?

Experience:

1. Fashion merchandising: 1 year (required).
2. Microsoft Excel: 1 year (required).
3. Fashion retail: 1 year (preferred).

Work Location: In person.