Job Location: New York, NY
- Location: New York, New York
- Type: Perm
- Job #195547
Title: Junior Allocator/Analyst
Company Description: Luxury Menswear Brand
Location: New York, New York
Salary: $65K-$75K
Responsibilities:
Allocating & Buying
- Perform weekly allocations to the Outlet Stores to ensure proper goods coverage in line with their capacities that supports financial targets
- Provide daily and weekly updates on business as it relates to the latest forecast, identifying trends, and highlighting selling that exceeds or falls short of expectation
- Partner with manager to propose markdown and promotional strategies to maximize profitability on the life of an item or category
- Monitor seasonal performance for accurate assortment planning
- Manage and maintain Brand Strategy and Pricing Tool for Outlets
Operations
- Analyze and forecast receipt management and execute consolidations
- Monitor business trend vs BDG/FC, identify risk and opportunities, and deploy action plan
- Set priorities and parameters for weekly replenishment
- Partner cross functionally with wholesale/retail for off-price sales and ensure all product details are in system
- Cross Functional Reporting
- Influence and educate OUT organization about core strategies and insights to engage stakeholders to support optimization of business opportunities
- Consistently provide feedback to enhance team’s skillset and performance
- Partner with managers to align cross-functional objectives and best practices
- Develop and maintain cross-divisional relationships.
- Communicate opportunities where management support is needed on initiatives and strategies.
- Travel as Required
Requirements:
- Minimum of 1-2 years of business analytics, preferably in the Retail industry
- Expert command of retail math concepts, applications, and statistical analysis
- Demonstrated problem solving skills, adaptability/flexibility, and initiative
- Excellent communication, teamwork, analytical thinking skills
- Comfortable working in MS Excel and experience navigating multiple systems and large sets of data
- Occasional travel
- Detail-oriented person who can multitask
- Excellent communication, teamwork, analytical and strategic thinking skills
- Ability to interact and report on business with cross functional teams and across multiple levels of management
- Inquisitive and open to trying innovative ideas
- Enjoys fast-paced retail environments
- Apply Now
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