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Allocation Analyst

COACH

London

Hybrid

GBP 30,000 - 50,000

Full time

11 days ago

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Job summary

An established industry player is seeking an Allocation Analyst to manage stock allocations across Europe. This role involves partnering with various teams to develop inventory strategies, optimize stock levels, and analyze sales performance. The ideal candidate will possess strong analytical skills and a background in retail, particularly in fashion. The company fosters a culture of creativity and inclusivity, offering a hybrid work model and numerous benefits, making it an exciting opportunity for those looking to grow in a dynamic environment.

Benefits

Hybrid working (3 days in office, 2 remote)
Flex Fridays
Paid Volunteering Day
Learning & Development opportunities
Internal mobility & career progression
Seasonal & Cultural Social Events
Equity Inclusion & Diversity initiatives
25 days holiday
Annual Incentive Plan
Private Healthcare

Qualifications

  • Experience in product allocation or merchandising is beneficial.
  • Strong numerical and analytical skills are essential.

Responsibilities

  • Manage stock distribution and maintain target stock levels.
  • Analyze sales performance to optimize inventory replenishment.

Skills

Numerical Skills
Analytical Skills
Excel Skills
Team Working Skills
Organizational Skills

Education

Graduate Degree
Retail Experience in Fashion

Tools

SAP
Impact Analytics

Job description

Coach is a global fashion house founded in New York in 1941. Inspired by the vision of Creative Director Stuart Vevers and the inclusive and courageous spirit of our hometown, we make beautiful things, crafted to last - for you to be yourself in.

Coach is part of the Tapestry portfolio - a global house of brands committed to stretching what's possible. Tapestry has unwavering optimism and is committed to being innovative and wholly inclusive. Visit Our People page to learn more about Tapestry's commitment to equity, inclusion, and diversity.

Primary Purpose: The Allocation Analyst is responsible for allocation and replenishment activity for Coach stores across Europe. Reporting to Senior Manager, Allocation, the Analyst partners with Buying, Inventory Management, Warehouse, VM, & Store Operations teams to plan and execute accurate stock allocations based on the needs of the business and stores.

The successful individual will leverage their proficiency in Planning & Allocation to:

  1. Partner with the Product team to develop inventory strategies for initial allocations to stores and Ecommerce channels.
  2. Manage the effective distribution of stock to stores in Europe and ensure target store stock levels are maintained.
  3. Analyse store sales performance and inventory to optimize replenishment. Provide weekly sales and inventory reports to the business & ad hoc reports as required.
  4. Develop initial allocation strategies for new product launches and provide fill rate analysis to cross functional teams including Buying and VM. Manage communication of newness arrival timing at the distribution centre and stores.
  5. Partner with Buying to develop minimum stock holding levels at the SKU level (style/size/colour) to meet sales plans and VM guidelines for floor sets.
  6. Partner with the 3PL and Store Operations teams to plan and execute allocations and deliveries.
  7. Review style and category performance and provide suggestions for the replenishment and movement of stock.
  8. Determine appropriate inventory levels for new store openings in Europe.
  9. Support allocations in the absence of team members where relevant.
The accomplished individual will possess:

  1. Previous experience/knowledge of product allocation, planning or merchandising (open to Graduate level or up to 1 year experience).
  2. Retail experience in the fashion sector is advantageous.
  3. Strong numerical and analytical skills, plus Excel skills (v-lookups, pivot tables, complex formulas).
  4. Excellent team working skills with the ability to manage cross-functional relationships across multiple levels.
  5. Highly organised, strong attention to detail, and time management skills.
  6. Motivated to work towards achieving team and business objectives/goals.
  7. Previous experience of SAP & Impact Analytics software is beneficial.
What Coach can offer you:

  1. Hybrid working (3 days working from the office, 2 days remote).
  2. Option to finish early on a Friday (Flex Fridays).
  3. 1 Paid Volunteering Day per year and opportunities to volunteer with global projects.
  4. Learning & Development opportunities.
  5. Internal mobility & career progression.
  6. Regular Social Events - Seasonal & Cultural.
  7. Equity Inclusion & Diversity initiatives which include employee resource groups & regional inclusion council.
Other benefits include:

  1. 25 days holiday in addition to bank holidays.
  2. Annual Incentive Plan (company performance bonus).
  3. Multi brand discount up to 50% off Coach, Kate Spade, Stuart Weitzman.
  4. Private Healthcare with health assessment (Bupa).
  5. Bupa rewards - Financial wellbeing support and wellness discounts.
  6. Free 24/7 support for family building, fertility and menopause with Maven.
  7. Private Dental Cover.
  8. Eyecare vouchers.
  9. Employee Assistance Program.
  10. Employer Pension Contribution.
  11. Gym discount.
  12. Interest free season ticket loan.
  13. Cycle to work scheme.
Our Competencies for All Employees:

  1. Courage: Doesn't hold back anything that needs to be said; provides current, direct, complete, and "actionable" positive and corrective feedback to others; lets people know where they stand; faces up to people problems on any person or situation (not including direct reports) quickly and directly; is not afraid to take negative action when necessary.
  2. Creativity: Comes up with a lot of new and unique ideas; easily makes connections among previously unrelated notions; tends to be seen as original and value-added in brainstorming settings.
  3. Customer Focus: Is dedicated to meeting the expectations and requirements of internal and external customers; gets first-hand customer information and uses it for improvements in products and services; acts with customers in mind; establishes and maintains effective relationships with customers and gains their trust and respect.
  4. Dealing with Ambiguity: Can effectively cope with change; can shift gears comfortably; can decide and act without having the total picture; isn't upset when things are up in the air; doesn't have to finish things before moving on; can comfortably handle risk and uncertainty.
  5. Drive for Results: Can be counted on to exceed goals successfully; is constantly and consistently one of the top performers; very bottom-line oriented; steadfastly pushes self and others for results.
  6. Interpersonal Savvy: Relates well to all kinds of people, up, down, and sideways, inside and outside the organization; builds appropriate rapport; builds constructive and effective relationships; uses diplomacy and tact; can diffuse even high-tension situations comfortably.
  7. Learning on the Fly: Learns quickly when facing new problems; a relentless and versatile learner; open to change; analyzes both successes and failures for clues to improvement; experiments and will try anything to find solutions; enjoys the challenge of unfamiliar tasks; quickly grasps the essence and the underlying structure of anything.

Req ID: 118627

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