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Job Summary
The Inventory & Allocation Planner plays a critical role in executing the deployment of inventory from various distribution centers to stores for an assigned product category. This position is responsible for supporting optimum inventory levels to maximize sales and margins and drive overall productivity and profitability.
Key Responsibilities
- Develop and execute inventory deployment strategies (pre-season & in-season) that account for constraints and inputs, such as inventory levels by store group, timing of product delivery, minimum presentation, and distribution of sizes to support merchandise sales plans.
- Support timely and accurate execution in support of New Store Openings.
- Provide store analysis/insight/opportunities based on revenue and sell through percent targets.
- Analyze business performance, sales, and inventory productivity while monitoring results, actioning necessary adjustments with exceptional change agility; all with the goal of delivering budgeted sales and margin and planned sell through expectations.
- Partner with the Merchandise Planner and Merchandiser to prioritize allocation of core and fashion product across channels.
- Work with Logistics and Production partners to resolve external constraints that impact inventory flow to distribution center and stores.
- Support inventory management between retail, ecommerce and wholesale channels.
- Review and analyze weekly store performance/inventory levels; recommend changes to forecasts.
- Visit stores to review presentation, stock content/levels; identify issues and solicit suggestions and comments from field team.
- Partner cross functionally with Merchandise Planning, Merchandising, Production, Channel leads, Logistics and Warehouse teams.
Requirements
- 2+ years of analytical experience in merchandise planning or inventory management.
- Bachelor's degree in Business, Supply Chain, Finance, Operations, Statistics, or related field.
- Advanced proficiency in Microsoft Excel required, including v-lookups, pivot tables, logic formulas, and basic macros.
- Familiarity or experience with ladder or replenishment planning.
- A deep understanding of how to use data to drive decisions and communicate business needs effectively.
- Previous experience with planning and business intelligence tools such as Shopify, Microsoft D365, Microstrategy, Power.
- Meets deadlines, prioritizes appropriately, copes well with change, and maintains composure under pressure.
- Strong organizational and time management skills; able to effectively manage multiple priorities.
- Excellent understanding of merchandise as it relates to company strategy.
- Excellent communication, prioritizing and problem-solving skills.
- Poweful ability to interact with peers and merchants.
- Strong written, verbal communication and presentation skills:
- Ability to concisely present complex information/recommendations in meaningful terms to various audiences.
- Ability to communicate to all levels with a clear, concise point of view, both verbally and in writing.
- Ability to advance to high levels of computer literacy; exposure to relevant planning, finance, analytical, and data management systems.
Additional Information
Pay Range: $80,000-$95,000/yr
Benefits:
- Health Insurance
- Paid Time Off
- Employee Discount
- 401(k)