Allocation Analyst

Hot Topic, Inc.; California; On-site; USD 70,000 - 100,000; Full time

Job summary

Hot Topic, Inc. is seeking an Omni-Channel Allocation Analyst to perform data-driven analysis to anticipate customer demand and position inventory across channels. You’ll develop allocation strategies, monitor stock levels, and collaborate with buyers to optimize assortment both in-store and online.

The role requires a BA degree, strong Excel skills, and excellent analytical and communication abilities. Flexibility to work independently or within a team is essential in a fast-paced retail

Qualifications

• BA degree required.
• Strong analytical and mathematical skills.
• Excellent verbal and written communication.
• Ability to work independently and as part of a team.
• Strong prioritization and adaptability.

Responsibilities

• Develop deep understanding of category business through frequent analysis.
• Create omni-channel allocation strategies including initial allocations, re-orders and replenishment.
• Monitor in-stock position and identify never-outs opportunities.
• Provide assortment recommendations to buyers to ensure depth and all-store to layer ratios.
• Develop seasonal allocation plans to optimize inventory flow across channels and reduce post-peak liabilities.
• Offer test-style performance and rollout recommendations to cross-functional teams.
• Identify re-order opportunities and provide bottoms-up recommendations.
• Create and maintain size scales and grades for your areas.
• Perform ad-hoc analyses as needed.

Skills

Analytical skills

Verbal communication

Written communication

Independent work

Team collaboration

Prioritization

Education

BA degree

Tools

Microsoft Excel

Job description

Do you love numbers and being analytical? We are looking for an Omni-Channel Allocation Analyst to join our team! In this role you will perform data analysis to anticipate customer demand, locate assortment opportunities, and accurately position the inventory. Here at Hot Topic we are open to fresh perspectives, and this role provides the opportunity to get creative when it comes to problem-solving.

WHAT YOU’LL DO

• Develop a thorough understanding of your categories’ business through frequent analysis
• Applying your learnings, you will create omni-channel allocation strategies. These strategies include initial allocations, re-orders, and replenishment from backstock
• Analyze in-stock position regularly for company defined “never-outs”
• Provide assortment recommendations to buyers to ensure appropriate depth and all-store to layer ratios
• Develop seasonal allocation strategies to support the flow of seasonal inventory during peak periods. Maintain optimal inventory placement across channels and identify potential inventory gluts in-season. Partner with cross-functional team to reduce inventory liabilities post-peak
• Provide test style performance and roll-out recommendations to the cross-functional team
• Identify re-order opportunities and provide recommendations from a bottoms-up perspective
• Create and maintain size scales and grades (volume indices that determine a store’s depth and breadth of assortment) for your areas.
• Ad-hoc analysis as needed

WHAT YOU’LL NEED

• BA degree
• A thorough understanding of Microsoft Excel
• Excellent analytical and mathematical skills
• Ability to flex between working independently and within a team
• Excellent verbal and written communication
• Ability to balance competing priorities
• A positive outlook and the ability to adapt to change
• Retail allocation experience preferred but not required

Our company participates inE-Verify. E-Verify is a program that electronically confirms a candidate’seligibility to workin the United States after completing the Employment Eligibility Verification (Form I-9). The information provided on the Form I-9 is compared to the records contained in the Social Security Administration and Department of Homeland Security (DHS) databases. This helps employers verify the identity and employment eligibility of newly hired employees.