Jr. Allocator

Posted Yesterday
Be an Early Applicant
New York, NY, USA
In-Office
25-25 Hourly
Junior
eCommerce • Fashion • Retail
The Role
Supports product allocation across full-price and outlet stores by size and location. Analyzes store and size-level selling patterns, performs replenishment and inventory transfers, coordinates shipments with distribution centers, and collaborates with buyers and store managers. Maintains allocation data, executes data cleanup, and prepares weekly and ad hoc reports to support sales and inventory turnover goals.
Summary Generated by Built In

Title: Jr. Allocator

 

Salary Range: $25ph

 

 

What You’ll Be Responsible For:

  • Create initial allocations by size in partnership with Allocator, across both Full Price & Outlet Stores
  • Collaborate with buyer during monthly allocation meetings to review allocation of new product
  • Perform in season replenishment to stores to maximize sales and inventory turn goals
  • Analyze store performance and volume to understand store selling patterns
  • Analyze and understand store size selling patterns to distribute product efficiently by size
  • Work with distribution center to ensure timely weekly shipments of new and replenishment
  • Meet with Store Managers on a monthly basis to understand specific business needs and customer patterns
  • Execute monthly Full Price to Outlet transfers of excess inventory
  • Execute monthly data clean up
  • Execute weekly and ad hoc reporting

Qualifications/Experience We’re Looking For: 

  • 0-2 years of assist allocation, planning, buying or relative experience
  • Strong communication/multi-tasking skills
  • Able to organize and prioritize workload with attention to detail
  • Ability to work cross functionally in a collaborative environment
  • Strong analytical/mathematical skills – retail math experience a plus
  • Advanced excel skills
  • Ability to work effectively under changing circumstances

Benefits at Vince:

  • Robust healthcare options for medical, dental, vision, flexible spending, and health savings account with employer funding
  • 401(k) with employer match
  • Generous paid time off plans for vacation, sick, and personal, volunteer time, as well as company holidays
  • Hybrid and flexible work options available for roles that can be done remotely
  • Clothing allowance & merchandise discounts
  • $400 annual gym reimbursement
  • Monthly data/phone stipend for eligible roles
  • Mental health support tools and telehealth psychology and psychiatry
  • Family and caregiving benefits including a competitive paid parental leave program as well as supplemental infertility coverage
  • Life, accidental death & dismemberment, short-term disability, and long-term disability insurance
  • Supplemental hospital indemnity, specified disease, and accident coverage
  • Pre-tax commuter benefits including transit and parking
  • Discounted pet, home & auto, and legal insurance

 

V Opco, LLC is an equal opportunity employer and does not discriminate against any applicant or employee because of race, color, religion, sex, sexual orientation, national origin, disability, genetic information, age, or military or veteran status or any other status protected by applicable federal, state or local law. V Opco, LLC also provides reasonable accommodation to qualified individuals with disabilities in accordance with applicable laws.

Skills Required

  • 0-2 years of assistant allocation, planning, buying, or related experience
  • Strong communication and multitasking skills
  • Ability to organize and prioritize workload with attention to detail
  • Ability to work cross-functionally in a collaborative environment
  • Strong analytical and mathematical skills
  • Retail math experience
  • Advanced Microsoft Excel skills
  • Ability to work effectively under changing circumstances
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The Company
HQ: New York, NY
608 Employees
Year Founded: 2002

What We Do

Established in 2002, Vince is a leading global luxury apparel and accessories brand best known for creating elevated yet understated pieces for every day. The collections are inspired by the brand’s California origins and embody a feeling of warm and effortless style. Vince designs uncomplicated yet refined pieces that approach dressing with a sense of ease. Known for a range of luxury products, Vince offers women’s and men’s ready-to-wear, shoes, home, fragrance, and handbags. Vince products are sold in prestige locations worldwide. Headquartered in New York and Los Angeles, the Company operates 48 full-price retail stores, 15 outlet stores and its e-commerce site, vince.com. Vince is searching for talent with passion, creativity, and entrepreneurial spirit to contribute to the future development of the brand. As a company, Vince is committed to offering employees a challenging and rewarding work environment, opportunities for growth and development, a customer focused culture, a community to “give-back”, and competitive pay and benefits.

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