POSITION SUMMARY

The Allocations Analyst plays an important role in the company as this individual would be responsible for analyzing data and trends, planning and executing replenishment strategies and special events such as store openings and holiday sales.

The ideal candidate would possess an entrepreneurial mindset to be able to think outside the box and make continuous improvement to strengthen the business’ operations.

RESPONSIBILITIES

ALLOCATION

• Create an allocation strategy based on historical data and sales trends to distribute product to stores;
• Execute allocation strategy in a timely manner;
• Analyze sales results based on allocation and adjust set stock per store by SKU in colour and size;
• Plan inventory for new store openings and other special events

REPLENISHMENT

• Ensure stores have enough stock on hand to execute their projected sales results and adjusting to seasonality;
• Work with logistics and warehouse management to ensure stores are being replenished in a timely manner;
• Ensure all stores have acquitted safety stock and are properly stocked for business trends and sales events;
• Plan and execute inter-store transfers as needed to ensure all stores sell through evenly;
• Communicate to stores directly for markdowns and merchandise pulls;
• Identify current and potential product shortages, develop and execute recovery, advise interested parties of status and recovery plans;
• Forecast, review, and provide inventory purchase recommendations to support optimal inventory flow;
• Assist in preparing strategic plan by analyzing trends and forecast;
• Understand business direction, identify business problems, assess potential business impacts and provide recommendations for improvements and solutions

Other Projects

• Complete other duties or projects as assigned.

REQUIREMENTS

• Completion of post secondary education or equivalent experience in inventory management and allocation within the retail industry
• Intermediate to advanced Excel skills
• Experience with an inventory management system, specifically NetSuite is considered an asset
• In-depth knowledge of market dynamics such as competitor analysis, market share, demographic trends, and growth projections
• Superior time management ability and ability to manage multiple projects with tight deadlines
• Strong attention to detail and high rate of accuracy
• Experience in project planning in an asset