Allocations Analyst: Inventory Optimization & Data Insights

1616 Holdings Inc; Philadelphia (Philadelphia County); On-site; USD 60,000 - 80,000; Full time

Job summary

Five Below is seeking an Inventory Allocation & Planning professional to manage seasonal SKU allocations, optimize stock across stores and DCs, and partner with Buying, Planning, Visual Merchandising and Supply Chain to drive high service levels.

You will analyze store performance, identify slow movers, and develop allocation reports. Proficiency in Excel and Power BI help transform data into actionable recommendations in a fast-growing retail environment.

Qualifications

• 1-2 years of inventory management experience.
• Strong collaboration and communication skills.
• Advanced Excel and data analysis; knowledge of Power BI/Tableau is a bonus.

Responsibilities

• Seasonal allocation and planning for 500–1,000 SKUs, driving up to $200M annually.
• Monitor store sales performance, identify slow-moving items and adjust allocations.
• Generate allocation reports and partner with Data Science to build Power BI dashboards.
• Collaborate cross-functionally with Buying, Planning, Visual Merchandising and Supply Chain.

Skills

Cross-functional collaboration

Data analysis

Excel

Power BI

Tableau

Tools

Power BI

Tableau

Job description

Five Below is seeking an Inventory Allocation & Planning professional to manage seasonal SKU allocations, optimize stock across stores and DCs, and partner with Buying, Planning, Visual Merchandising and Supply Chain to drive high service levels.

You will analyze store performance, identify slow movers, and develop allocation reports. Proficiency in Excel and Power BI help transform data into actionable recommendations in a fast-growing retail environment.