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Inventory Allocation Specialist

2 months ago


Los Angeles, California, United States Guess Full time

Job Overview

POSITION TITLE:
Allocation Analyst

POSITION OBJECTIVE:

The Allocation Analyst plays a crucial role in overseeing and enhancing in-store inventory levels that contribute to sales growth, profit margins, and overall store effectiveness for the organization through the development and implementation of strategic allocation plans.

This position requires strong collaboration and interaction with various cross-functional teams.

KEY RESPONSIBILITIES:

1. Formulate, distribute, and oversee initial assortment and unit plans for both newly established and remodeled stores to guarantee adequate opening inventory levels.

2. Plan and distribute monthly floor set allocations utilizing Store/Product Volume Ranking Indexes and Allocation Plan evaluations.

3. Manage weekly fashion replenishment by analyzing store performance, trends, product effectiveness, and promotional, event, visual, and marketing requirements.

4. Oversee basic replenishment processes by employing models and stock balancing techniques to maintain optimal in-stock positions.

5. Collaborate closely with Merchants and Planners to devise and implement allocation strategies, integrating retail strategies (Visual, Product, Marketing, Promotional) to ensure alignment with cross-functional teams.

6. Analyze and adjust size profiles by store and product category, ensuring they are incorporated into both initial and replenishment allocations.

7. Conduct thorough data analysis and maintain communication with field teams to develop a comprehensive understanding of store, district, and regional performance metrics, variances, trends, and attributes, applying this knowledge to refine allocation strategies.


EDUCATIONAL REQUIREMENTS:
Bachelor's Degree

EXPERIENCE REQUIRED:
0-2 Years

Fair Chance Initiative for Hiring Ordinance

For more information, please refer to the appropriate resources.

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Base salary will be determined based on various factors, including but not limited to market data, internal equity, relevant background, and experience for the specified role.

GUESS? Corporate employees are eligible for benefits such as medical, dental, vision, life insurance, 401k, tuition reimbursement, paid time off, on-site gym access, employee discounts, and more.