Allocator

FashionUnited Group; Greater London; Hybrid; GBP 30,000 - 42,000; Full time

Job summary

Ralph Lauren Corporation in London seeks an Allocator to manage initial and replenishment stock allocations to stores while supporting the Planning team with reports and sales analysis.

You will work with cross-functional partners to implement distribution and trading strategies, monitor inventory, and ensure timely store openings. Proficiency with retail systems and strong analytical skills are essential.

Qualifications

• Experience in retail allocation or planning is preferred.
• Strong numerical and analytical abilities.
• Ability to work with cross-functional teams.
• Proficiency with MS Excel and data analysis tools.

Responsibilities

• Produce packs for Monday trade meetings with weekly sales and promotional data.
• Attend key meetings to review season performance and forward strategies.
• Formulate and implement strategies to drive sales and optimise stock.
• Allocate stock to stores to meet sales, gross profit and inventory goals.
• Monitor DC and store inventory, maximise sell-through and turn.
• Execute initial distributions and in-season replenishment to stores.
• Communicate promotional and markdown changes to stores and teams.

Skills

Analytical thinking

Cross-functional collaboration

Retail math

Communication skills

Time management

Problem solving

Tools

JDA

MicroStrategy

Promo MD

SAP

MS Word

MS Excel

Job description

Ralph Lauren Corporation (NYSE:RL) is a global leader in the design, marketing and distribution of premium lifestyle products in five categories: apparel, accessories, home, fragrances, and hospitality. For more than 50 years, Ralph Lauren's reputation and distinctive image have been consistently developed across an expanding number of products, brands and international markets. The Company's brand names, which include Ralph Lauren, Ralph Lauren Collection, Ralph Lauren Purple Label, Polo Ralph Lauren, Double RL, Lauren Ralph Lauren, Polo Ralph Lauren Children, Chaps, among others, constitute one of the world's most widely recognized families of consumer brands.
At Ralph Lauren, we unite and inspire the communities within our company as well as those in which we serve by amplifying voices and perspectives to create a culture of belonging, ensuring inclusion, and fairness for all. We foster a culture of inclusion through: Talent, Education & Communication, Employee Groups and Celebration.

Office base will be Cork Street, London.

The Allocator plays a key role in the success of their product division, utilising IT applications to create and manage all initial and replenishment allocations of stock to stores, as well as providing administrative support to the Planning team including running reports, analysing sales and stock figures.

Operations/Financial

• Produce packs for Monday trade meetings which include weekly sales and promotional reports.
• Attend key meetings to understand season performance as well as forward strategies.
• Work within team to formulate and implement strategies to help drive sales.
• Ensure the financial success of a product group by allocating stock to stores to meet or exceed sales, gross profit and inventory turn goals.
• Track and monitor Distribution Centre (DC) and store available inventory for the product group, maximising sales to stock ratios and turn.
• Execute the release of initial product distributions and in season replenishment to stores.
• Monitor and ensure full size availability of best sellers, continuity lines and seasonal products in stores in order to maximise sell through.
• Work with cross-functional teams to ensure timely and accurate execution of new store openings.
• Support Planning team with store, product and size analysis.
• Manage store communications through the system 'Retail Intelligence' to answer store call outs as well as communicating promotional and markdown changes.
• Use systems including JDA, Microstrategy, Promo MD, and SAP.

Communication/Relationships

• Develop and maintain effective working relationships within cross-functional team (Stores, Buying, Planning, Marketing, Visual etc.). In particular the Planner and Buyer in the team responsible for the product group.
• Communication initial release and replenishment strategies within cross-functional team.
• Participate in cross-functional meetings, contributing input on distribution and/or trading strategies.
• Compose and deliver key trading messages to the wider business.
• Collaborate with peers to ensure consistency of information, share best practices and develop systems knowledge.
• Manage communication regarding inventory/replenishment with field contacts on a store-by-store basis if required.
• Store visits to gain insight to performance and availability.
• Participate in Company initiatives as appropriate.
• Able to organise and prioritise tasks, and manages time well in order to meet deadlines.
• Demonstrates logical analysis and problem solving skills.
• Demonstrates good listening, and communicates clearly and effectively through both written and oral interactions.
• Able to build and maintain productive relationships within team environment.
• Advanced PC and associated application skills in MS Word and Excel.
• Show ability or aptitude in retail math, and to learn technical applications quickly.

Want to know more about working at Ralph Lauren?

England, United Kingdom of Great Britain and Northern Ireland