Allocation Analyst

Guess?, LLC.; Los Angeles (CA); On-site; USD 63,000 - 77,000; Full time

Benefits offered by this job

Medical benefits

Dental & Vision benefits

401k

On-site gym

Employee discounts

Tuition reimbursement

Job summary

GUESS?, LLC in Los Angeles seeks an Allocation Analyst to optimize in-store inventory, driving sales, margins and store performance through strategic allocation. You will partner with cross-functional teams to execute planning and analysis across openings, remodels and replenishment.

The role requires a Bachelor's degree and 0–2 years of experience, with strong analytical skills and a collaborative approach to inventory management in a retail environment.

Qualifications

• Bachelor's degree in a related field.
• 0-2 years of experience in allocation or retail inventory.
• Strong analytical and data analysis skills.

Responsibilities

• Develop, allocate and monitor store opening assortment and unit plans for new stores and remodel stores that ensure opening stock levels.
• Plan and allocate monthly Floor set initial allocations through Store/Product Volume Ranking Indexes and Allocation Plan analysis.
• Allocate and manage weekly Fashion replenishment based on store performance, trend and product performance, and promotional needs.
• Allocate and manage Basic Replenishment based on models and stock balancing ensuring store in-stock position.
• Collaborate with Merchants and Planners to align allocation strategies with Retail Visual, Product, Marketing and Promotional plans.

Education

Bachelor's Degree

Job description

Job Description

POSITION TITLE:

Allocation Analyst

POSITION PURPOSE:

The Allocation Analyst is responsible for managing and optimizing in-store inventory that drives sales, margin and store performance for the company through the formulation and execution of effective allocation strategies. The Allocation Analyst is a highly collaborative role and partners closely with a variety of cross functional teams.

ESSENTIAL FUNCTIONS:

Develop, allocate and monitor store opening assortment and unit plans for both new stores and remodel stores that ensure appropriate opening stock levels.

Plan and allocate monthly Floor set initial allocations through Store/Product Volume Ranking Indexes and Allocation Plan analysis. Allocate and manage weekly Fashion replenishment based on analysis of store performance, trend and product performance, and promotional, event, visual and marketing needs. Allocate and manage Basic Replenishment based on models and stock balancing ensuring store in-stock position. Work closely with Merchants and Planners to collaborate and execute allocation strategies, understand and incorporate Retail strategies (Visual, Product, Marketing, Promotional) ensuring alignment with cross-functional partners.

Analyze and update size profiles by store by product category that are integrated into allocations both initial and replenishment. Develop and provide appropriate ad-hoc analysis and recommendations to influence buy plan and assortment strategies.

Develop thorough knowledge of store, district, and regional level performance, variances, trends and attributes (store and product) through extensive data analysis and communication with the field and applying knowledge to allocation strategies.

Develop, allocate and monitor store opening assortment and unit plans for both new stores and remodel stores that ensure appropriate opening stock levels.

EDUCATION:

Bachelor's Degree

YEARS OF EXPERIENCE:

0-2 Years

About the Department:

The GUESS?, LLC Allocation department is seeking an analytical individual to join their crucial team. The Allocation department ensures products reach stores and are properly allocated across our North American retail networks. Allocators are pivotal, managing significant financial resources and directly impacting sales and margins through strategic numerical based analysis. Allocation is ideal for those seeking a career path to develop a robust skill set in retail operations and strategic inventory management.

Location - City, Region or Area

Corporate - Los Angeles, CA

Location

LA – World Headquarters

Salary Minimum

$70,304.00

Salary Maximum

$70,304.00

• Base salary will be determined on various factors, including but not limited to, market data, internal equity, relevant background, and experience for the specified role. GUESS? Corporate employees are eligible for benefits such as medical, dental, vision, life, 401k, tuition reimbursement, PTO, on-site gym, employee discounts and more!