Inventory Allocation Specialist
2 weeks ago
GENERAL OVERVIEW:
The Inventory Allocation Specialist plays a crucial role in managing a variety of tasks, projects, and analytical functions to enhance preseason and in-season allocation strategies and initiatives for designated Regions/Stores/Product categories.
This position involves assessing overall sales performance and identifying emerging trends to provide recommendations for in-month receipt management. The Specialist delivers weekly insights on current performance and trends to leadership. Additionally, the Specialist investigates and addresses product-level inventory issues raised by stores.The ideal candidate should exhibit the capability to work autonomously while delivering robust analytics, along with the ability to articulate and communicate conclusions and recommendations effectively.
Inventory Allocation Specialists engage in projects and tasks where the analysis of situations or data necessitates a review of various factors.
Specialists must exercise discretion to determine suitable actions to resolve a range of issues and foster productive internal/external working relationships.
In this capacity, Specialists are advancing their professional knowledge and expertise.The base salary range for this position is $66,560 - $94,650.
This salary range is influenced by factors such as experience, skills, qualifications, relevant education, certifications, seniority, and location.
The range mentioned is merely one component of the overall compensation package for employees. Additional rewards vary by position and location.KEY RESPONSIBILITIES:
Analysis of Sales, Inventory, and Receipt Management
- Assist in achieving end-of-month inventory plans and strategic initiatives for assigned Regions/Stores/Product categories.
- Monitor inventory levels in relation to sales trends across regions and stores.
- Investigate and address inventory concerns raised by stores.
- Develop and maintain Excel-based reports/tools.
- Conduct ad hoc analyses as required.
- Support the onboarding of concepts alongside peers.
- Facilitate timely and effective communication with internal and external business partners to inform and recommend allocation strategies and outcomes.
- Provide weekly updates to Allocation leadership regarding results and inventory opportunities/risks, along with suggested actions to adapt to changing trends.
- Articulate conclusions and recommendations in a clear, straightforward, and concise manner to business partners.
CORE COMPETENCIES:
People
- Collaboration
- Leading by Example
- Effective Communication
- Ensures Accountability and Execution
- Conflict Management
- Business Acumen
- Planning, Alignment, and Prioritization
- Organizational Agility
- Functional/Technical Expertise
QUALIFICATIONS AND SPECIAL SKILLS REQUIRED:
- Bachelor's Degree preferred.
- 1-2 years of relevant work experience.
- Intermediate proficiency in MS Office (Word, Excel, Outlook, PowerPoint).
- Strong verbal and written communication skills.
- Knowledge of Retail Math.
- Experience with retail software is a plus (JDA or other allocation software).
PHYSICAL REQUIREMENTS/ADA:
This position requires the ability to work in an office environment, primarily on a computer.
It involves sitting, standing, walking, hearing, communicating via telephone, attending in-person meetings, typing, and handling paper/files, etc.
Consistent punctuality and regular attendance are essential.
Vision requirements:
Ability to perceive information in print and/or electronically.
This role necessitates regular in-office presence for effective team interaction, meetings, collaboration, client support, and feedback. However, it can also be performed effectively through a combination of in-office and remote work.
DISCLAIMER
This job description summarizes the primary duties and responsibilities of the position. It is not intended to be an exhaustive listing of all duties and responsibilities. Contents are subject to change at management's discretion.
Ross is an equal employment opportunity employer. We consider individuals for employment or promotion based on their skills, abilities, and experience.
We believe that attracting, hiring, and developing a strong, talented, and diverse workforce is essential to the Company's overall commitment.
Ross is dedicated to complying with all applicable laws prohibiting discrimination based on race, color, religious creed, age, national origin, ancestry, physical, mental or developmental disability, sex (including pregnancy, childbirth, breastfeeding, and related medical conditions), veteran status, military status, marital or registered domestic partnership status, medical condition (including cancer or genetic characteristics), genetic information, gender, gender identity, gender expression, sexual orientation, and any other category protected by federal, state, or local laws.
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