Allocator

Michael Kors; London; On-site; GBP 30,000 - 45,000; Full time

Job summary

A leading company in fashion is seeking an Allocator to manage and optimize store inventory. This dynamic position involves collaboration with buying and planning teams to enhance sales and ensure effective stock replenishment. The ideal candidate will possess strong analytical skills, a passion for fashion, and a degree-level education. Joining the Michael Kors team means thriving in a fast-paced environment that fosters personal growth and creative problem-solving.

Qualifications

• Degree level education required.
• Strong numerical and analytical skills are essential.
• Previous experience in fashion retail is preferred.

Responsibilities

• Manage inventory from initial allocation through end of life cycle.
• Identify and communicate sales opportunities by store.
• Partner with planning and buying teams to maximize sales.

Skills

Analytical Skills

Problem Solving

Communication

Time Management

Attention to Detail

Education

Degree level education

Tools

Advanced Excel

Job description

Michael Kors is always interested in hearing from talented, globally-minded individuals with a passion for fashion.

If you enjoy working in a creative, fast-paced environment, then we would love to hear from you!

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Job Title: Allocator

Location: London

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:

• Continuous improvement
• International mindset
• Time management skills
• Results-driven mindset
• Strong work ethic
• Positive attitude to change

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

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At Capri, we are all responsible for creating a diverse and inclusive workplace. We try to inspire change and growth within each other and believe success is a result that comes from our differences.Capri is proud to be an equal opportunity employer committed to inclusivity regardless of age, sex, sexual orientation, gender identity, genetic characteristics, race, color, creed, religion, ethnicity, national origin, alienage, citizenship, disability, marital status, military status, pregnancy, or any other legally-recognized protected basis prohibited by applicable law. M/D/F/V