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Inventory Optimization Expert

2 months ago

Reston, Virginia, United States BayOne Solutions Full time

Job Title: Allocator Specialist

Location: Remote

Payrate: $44-$45/hr.

Contract: 6+ months possibility for extension

Job Description:

The Allocator Specialist acts as a trusted advisor to the Retail Planners and Merchants to support the end-to-end strategy execution to the store/door level. They are responsible for executing product allocations to the store/door level.

Key Responsibilities:

  • Utilize inputs from sizing teams and historical performance to update allocation parameters to optimize store/door sell through
  • Develop accurate inventory flow forecasts that support business strategies
  • Execute allocation strategies to optimize inventory and capitalize on opportunities
  • Recommend and execute exception management and activities to ensure customer demands are met
  • Conduct quantitative analysis and insights to optimize inventory deployment – monetize new opportunities and identify risks
  • Drive key retail initiatives through optimal inventory allocations and by working with cross-functional teams to create sustainable processes
  • Communicate with retail field partners on product in-stock status, floorset on-time rates, inventory challenges, and store-related exceptions/concerns

Requirements:

  • Bachelor's degree (or equivalent work experience)
  • At least 3 years of experience (preferably in a retail environment)
  • Technical proficiency with computer software tools and the ability to learn new ones quickly (Microsoft Word, Excel, PowerPoint, Access, SAS)

Skills:

  • Strong analytical/problem-solving capabilities, including the ability to quickly identify and communicate implications from consumer, internal, and marketplace information
  • Ability to handle multiple tasks and projects simultaneously
  • Excellent written and verbal communication skills
  • Strong listening and interpersonal skills