Junior Allocation Analyst

Vineyard Vines; Stamford, Northern (CT, KY); Hybrid; USD 52,000 - 76,000; Full time

Job summary

Vineyard Vines seeks a Junior Allocation Analyst to support inventory management from allocation through end of life, coordinating with planning and merchandising to develop proactive strategies and responsive actions.

You will analyze size selling, share weekly business recaps with cross-functional teams, and help forecast weekly warehouse activity while aligning store allocation needs to maximize sales and turns.

Qualifications

• 1–2 years of Allocation or Planning experience or related financial experience.
• Understanding of sales, gross margin, weeks of supply, inventory turn, sell through, and how to impact them.
• Ability to negotiate with and influence peers, cross-functional teams, and management.
• Strong interpersonal communication.
• Strong time management, prioritization, and organizational skills.
• Adherence to all organizational policies.
• Ability to multi-task and manage multiple projects to meet deadlines.
• Passion for Vineyard Vines brand.

Responsibilities

• 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, seasonality and selling curves
• Assist in allocation, consolidation, and inventory sell down strategies
• Communicate to stores current out of stock items and inform them of inbound assortment
• Partner with stores to understand store-specific allocation needs to create store attributes and clusters
• Participate in sharing weekly business recaps with team and cross-functional partners
• Communicate delivery status to cross-functional members with action plans
• Partner with distribution to forecast weekly workflow at the warehouse
• Assist in creating store sales & inventory analysis and action plans
• Perform size selling analysis and provide recommendations for changes
• Partner with Merchandise Planner and Merchant to determine allocation strategies
• Demonstrate ability to listen to others at all levels in the organization

Skills

Allocation experience

Financial metrics understanding

Negotiation

Interpersonal communication

Time management

Organizational skills

Cross-functional collaboration

Brand passion

Job description

The Junior Allocation Analyst will report directly to the Manager of Allocation. The primary responsibility will be managing inventory levels, identifying risks & opportunitiesin depth & assortment, and partnering with planning and merchandising to develop & execute both responsive & proactive strategies. In addition, the junior allocation analyst will analyze size selling every buy cycle to ensure optimal size curves for all areas of responsibility.

Key Responsibilities:

• 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, seasonality and selling curves
• Assist in the creation and implementation of allocation, consolidation, and inventory sell down strategies
• Communicate to stores current out of stock items and inform them of inbound assortment
• Partner with stores to understand store specific allocation needs to create store attributes and clusters
• Participate in sharing weekly business recaps with team and cross-functional partners
• Communicate delivery status to cross functional members with action plans
• Partner with distribution to forecast weekly workflow at the warehouse
• Assist in the creation of store sales & inventory analysis and action plans
• Perform size selling analysis and provide recommendations for changes
• Partner with Merchandise Planner and Merchant to determine allocation strategies
• Demonstrate the ability to carefully listen to others at all levels in the organization

What you bring:

• 1 to 2 years of Allocation or Planning experience or relevant financial experience
• Possess a clear understanding of financial measurements: sales, gross margin, weeks of supply, inventory turn, sell through, etc. and how to impact them
• Ability to negotiate with and influence peers, members of a cross-functional team, and management
• Strong interpersonal communication
• Strong time management, prioritization, and organizational skills
• An understanding and adherence to all policies related to the organization
• Organizational skills are essential as well as the ability to multi-task and work on multiple projects simultaneously to meet deadlines
• Team focused, confident, and professional
• Ability to effectively receive and communicate feedback
• Passion for the vineyard vines brand

Equal Opportunity Employer
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