Fashion Allocator — Data-Driven Merch & Inventory

Michael Kors (Capri)

New York (NY)

On-site

USD 45,000 - 66,000

Full time

6 days ago
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Benefits offered by this job

Generous Paid Time Off
Summer Fridays
Internal Mobility Across Brands
Cross-brand Discount
Exclusive Employee Sales
MK Discount for friends and family
401k Match
Paid Parental Leave
Thrive Wellness Program
Commuter Benefits
Gym Discounts

Job summary

Michael Kors is seeking an Allocator to oversee merchandise allocation for a global retail business, driving financial and merchandising goals. You will manage initial PO allocation, warehouse back stock, transfers, reorders, and collaborate with buying and planning to optimize assortment by store and door.

The role requires strong analytical and problem-solving abilities, and thrives in an entrepreneurial environment.

Qualifications

  • Minimum Bachelor's Degree.
  • Preferred interest in Finance, Accounting, and/or Supply Chain.
  • 0-1 Years of Planning or Allocation Experience.
  • Computer literate - Advanced Excel Skills.
  • Ability to work in NYC office 3 days a week.

Responsibilities

  • Manage purchase orders 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 buy quantities and stock levels meet current sales trends and maximize readiness for key selling time periods.
  • Ensure strong stock position by door on core, seasonal basics and item programs.
  • Partner with Planner to recap business at by door level and create best seller/hindsight reports weekly/monthly/quarterly.
  • Establish strong relationships with buying/planning team and stores to understand merchandising strategies.
  • Visit stores at least once a month with the team.
  • Develop actionable analysis to recap business by classification and subclass at store level.

Skills

Numbers oriented
Analytical thinking
Entrepreneurial mindset

Education

Bachelor's degree

Tools

Advanced Excel

Job description

Michael Kors is seeking an Allocator to oversee merchandise allocation for a global retail business, driving financial and merchandising goals. You will manage initial PO allocation, warehouse back stock, transfers, reorders, and collaborate with buying and planning to optimize assortment by store and door.

The role requires strong analytical and problem-solving abilities, and thrives in an entrepreneurial environment.

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