Senior Merchandise Allocator

JOB SUMMARY:

The Senior Merchandise Allocator works directly with the Merchandise Planning Manager, Merchant Team, and warehouse leadership. The position ensures the timely and proper placement of merchandise throughout stores by analyzing, identifying, and communicating key sales opportunities. In addition, the Senior Merchandise Allocator will be responsible for weekly and monthly management of the Open to Buy, and play a key role in department/class planning.

Duties/Responsibilities

- Manage OTB based on sales trend and monthly receipt budget

- Work with Buying and Warehouse teams to perform all receipt allocations in a timely manner

- Review daily reporting to analyze stock to sales to ensure proper distribution of product

- Manage basic stock replenishment orders that will be analyzed monthly based on trend

- Work with warehouse team on store negative values and allocation discrepancies

- Identify and communicate sales opportunities and stock liabilities by store on a regular basis.

- Ensure that the buy quantities and stock levels satisfy current sales trends.

- Maximize product readiness for key selling times periods

- Manage essential stock replenishment programs

- Plan key item businesses and buys on a quarterly calendar

- Allocate product to stores based on assortment strategies

- Manage store level inventories based on sales performance through replenishment and transfer programs to maximize sales opportunities

- Identify inventory and sales risks

- Identify and communicate Markdown needs to increase turn and profitability