Junior Allocation Analyst
Overview:
The Junior Allocation Analyst will report directly to the Manager of Allocation. The primary responsibility will be managing inventory levels, identifying risks & opportunities in depth & assortment, and partnering with planning and merchandising to develop & execute both responsive & proactive strategies. In addition, the junior allocation analyst will analyze size selling every buy cycle to ensure optimal size curves for all areas of responsibility.
Key Responsibilities:
- Manage inventory from initial allocation through end of life cycle of merchandise, including replenishment and consolidation of goods to other stores or channels
- Manage overall store inventory levels based on store capacity, seasonality and selling curves
- Assist in the creation and implementation of allocation, consolidation, and inventory sell down strategies
- Communicate to stores current out of stock items and inform them of inbound assortment
- Partner with stores to understand store specific allocation needs to create store attributes and clusters
- Participate in sharing weekly business recaps with team and cross-functional partners
- Communicate delivery status to cross functional members with action plans
- Partner with distribution to forecast weekly workflow at the warehouse
- Assist in the creation of store sales & inventory analysis and action plans
- Perform size selling analysis and provide recommendations for changes
- Partner with Merchandise Planner and Merchant to determine allocation strategies
- Demonstrate the ability to carefully listen to others at all levels in the organization
What you bring:
- 1 to 2 years of Allocation or Planning experience or relevant financial experience
- Possess a clear understanding of financial measurements: sales, gross margin, weeks of supply, inventory turn, sell through, etc. and how to impact them
- Ability to negotiate with and influence peers, members of a cross-functional team, and management
- Strong interpersonal communication
- Strong time management, prioritization, and organizational skills
- An understanding and adherence to all policies related to the organization
- Organizational skills are essential as well as the ability to multi-task and work on multiple projects simultaneously to meet deadlines
- Team focused, confident, and professional
- Ability to effectively receive and communicate feedback
- Passion for the vineyard vines brand
This employer is required to notify all applicants of their rights pursuant to federal employment laws. For further information, please review the Know Your Rights notice from the Department of Labor.
Skills Required
- 1 to 2 years of allocation or planning experience, or relevant financial experience
- Understanding of sales, gross margin, weeks of supply, inventory turn, and sell-through metrics
- Ability to negotiate with and influence peers, cross-functional teams, and management
- Strong interpersonal communication skills
- Strong time management, prioritization, and organizational skills
- Ability to multitask and manage multiple projects while meeting deadlines
- Ability to receive and communicate feedback effectively
- Team-focused, confident, and professional approach
- Passion for the vineyard vines brand
What We Do
vineyard vines is a highly successful, privately held, American clothing and accessory retailer founded in 1998 on Martha’s Vineyard by brothers, Shep & Ian Murray. With Shep & Ian still at the helm today, vineyard vines has experienced exponential year over year growth and now operates over 100 retail locations including an outlet division, a successful e-commerce business, domestic distribution center, and expanding corporate headquarters. In addition, vineyard vines is also carried in major department stores such as Nordstrom and Bloomingdales as well as numerous specialty boutiques across the US. At vineyard vines we pride ourselves on Shep & Ian’s philosophy that “every day should feel this good” and “if you’re doing what you love, you’ll be successful”. Now is an exciting time to join vineyard vines. In order to keep-up with our growing and evolving business needs, we need smart and talented individuals to join our crew and help us to drive the good life! vineyard vines was founded on a state of mind that "Every day should feel this good." This state of mind is something that all people experience at some point. Those moments are different for all of us, but they are important because they're uniquely ours. EDSFTG is at the core of our culture and allows us to celebrate the differences that tie us together. These different backgrounds are what make us stronger as a team, and it is why we are passionate about creating an inclusive and welcoming workplace where every team member can bring their true self to work. We are committed to building a diverse Team across all channels, departments, and stores within our community. Won't you join us and share your EDSFTG moment?
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