Allocator

JR United Kingdom; City Of London; On-site; GBP 30,000 - 50,000; Full time

Job summary

A leading company in fashion retail seeks an Allocator to manage inventory and drive sales effectiveness across their product lines. The role requires strong analytical and organizational skills to ensure that products are allocated strategically to meet market demands and maximize profits. Candidates should possess a degree and advanced Excel skills, with a passion for fashion and previous experience in retail being advantageous.

Qualifications

• Degree level education required.
• Advanced Excel skills necessary.
• Experience preferred in Fashion Retail.

Responsibilities

• Manage inventory from allocation to end of life cycle.
• Identify sales opportunities and stock liabilities.
• Communicate needs of the stores with planning teams.

Skills

Analytical skills

Problem solving skills

Communication skills

Organizational skills

Education

Degree level education

Tools

Advanced Excel

Job description

Social network you want to login/join with:

Division: European Retail Corporate, Planning Family

Reporting to: Planner

I feel really lucky to be surrounded by such a great team. I’m not only grateful that they’ve helped me achieve my goals, but also that I can give them a place where they can achieve theirs.

- MICHAEL KORS -

We have an exciting opportunity for an Allocator

Department overview:

Michael Kors is looking for Allocators who will be responsible for the distribution of multiple product categories for a global retail business with the objective of meeting financial and merchandising goals. The Allocator will help to identify opportunities at a store level and communicate them to the team in order to drive business. Duties include replenishment to stores, management of warehouse inventory, and planning of stock packages for new season product launches. The allocators partner with buying and planning teams to ensure proper merchandise assortment by door and that the product arrives in the DC and stores at the optimum time. Strong analytical skills, creative problem solving skills and ability to thrive in an entrepreneurial environment are a must.

Who You Are:

You are hands-on, detailed-oriented, collaborative, and passionate about product. You understand that when it comes to stores, the details matter. You have outstanding communication skills, can effectively liaise with colleagues and other teams, and thrive in a rapidly changing environment. You are highly organized, keen-learner and self-motivated, able to work well to deadlines and perform multiple tasks effectively and concurrently.

What You’ll Do:

• Manage inventory from initial allocation through end of life cycle of merchandise, including replenishment and consolidation of goods to other stores or channels.
• Manage overall store inventory levels based on store capacity, attributes, seasonality and selling curves. Monitor flow of initial assortments as well as reorders to stores by classification, delivery/group and by style whenever necessary.
• Identify and communicate sales opportunities and stock liabilities by door on a regular basis. Ensure that buy quantities and stock levels meet current sales trends and maximize readiness for key selling time periods.
• Manage basic stock replenishment programs. Ensure strong stock position by door on core, seasonal basics and item programs. Partner with the Buying team to maximize sales and profit by monitoring sales and stock penetrations on key programs as well as clearance and aging by door.
• Take ownership of warehouse inventory and aged inventory by door. Be aware and highlight any shipping issues that may affect business.
• Communicate and champion needs of the stores. Partner with Planner to recap business at door level.
• Establish strong relationships with buying/planning team and stores in order to better understand merchandising strategies and needs of the business.
• Initiate and develop actionable analysis to recap business by classification and subclass at a store level in order to partner with planning and buying team to determine store attributes and create strategies to drive sales and achieve gross margin profitability by door.
• Recommend changes and/or enhancements to the current procedures and systems for the allocation and replenishment functions.

You’ll Need to Have:

• Degree level education
• Computer Literate – Advanced Excel Skills required
• Strong numerical, analytical and creative problem solving skills
• Ability to thrive in entrepreneurial environment
• Previous experience in the same field within Fashion Retail is preferable
• Passion for fashion

We’d Love to See:

• International mindset
• Strong work ethic
• Positive attitude to change

We are an Equal Opportunity Employer M/D/F/V