Who We Are:
Since 1906, New Balance has empowered people through sport and craftsmanship to create positive change in communities around the world. We innovate fearlessly, guided by our core values and driven by the belief that conventions were meant to be challenged. We foster a culture in which every associate feels welcomed and respected, where leaders and creatives are inspired to shape the world of tomorrow by taking bold action today.
JOB MISSION:
The Senior Allocator will be responsible for leading a team of allocators to manage our assortment and inventory within our expanding store presence in both our inline and outlet channels. They will be tasked with monitoring stock levels, identifying trends and opportunities within our assortments through detailed analysis of retail KPI's and leading initiatives to drive and sustain growth, increase sales and hit sell-through expectations.
This role is crucial for maintaining efficient inventory management and ensuring customer satisfaction with effective decision making. Cross-functional collaboration is vital in this role as well as managerial prowess and motivating teams to achieve and build capabilities.
MAJOR ACCOUNTABILITIES:
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Manage the DTC allocation team in replenishing stores stock using our replenishment system (APTOS).
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Analyse sales trends, stock levels, and store performance to determine optimal inventory allocation to maximize sell through and revenue.
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Work closely cross-functionally with all retail stakeholders to manage seasonal trend changes and optimal stock levels on a store/style/size level for both full price and outlet channels.
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Adjust allocations and assortments based on store performance, regional trends, and customer demand.
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Develop allocation strategies to support sales targets, promotions, and seasonal trends.
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Working with Buying team to build the product assortment for store openings working to store capacities and coordinating with logistics and store operations.
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Work closely with buyers, and planners to align allocation strategies with overall business objectives.
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Collaborate with Planning, Merch Ops and Buying on slow movers, high stocked products and trade opportunities with proposals on how to maximize the potential.
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Manage and review store clustering maximum capacity and option count in conjunction with V.M and store development.
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Identify and analyse current store orders in the replenishment system to ensure effective stock and store distribution and manage the allocation team to execute and mitigate risks.
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Take ownership of the product assortments in the stores to manage the lifecycle of products in full price and outlet channels.
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Generate and present allocation reports to senior management.
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Train and mentor junior allocators to enhance team efficiency.
REQUIREMENTS FOR SUCCESS:
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Relevant number of years of experience in a similar position, ideally within the retail industry.
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Strong ability to analyse data and derive actionable insights.
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Precision in managing inventory to avoid stockouts or excess and maintaining consistent attention to detail.
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Effective communication skills for collaboration across departments.
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Solid technical proficiency and familiarity with inventory management software and tools.
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Problem-Solving approach with the ability to identify issues and implement solutions quickly.
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Experience and strong ability to lead and motivate others.
BENEFITS:
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Discretionary Bonus Opportunity
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Discount on the health insurance
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8% holiday allowance
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Flexible Working Hours
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Pension Scheme
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25 days Annual Leave per year
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Up to €250 travel allowance each month
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Hybrid working
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On-site Gym
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Employee Discount
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Work from-home allowance
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Home working equipment
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Sports subscription services
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Flexibility to Work from Anywhere for up to four weeks per year
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Wellbeing and Mental Health Benefit (24/7 Employment Assistance Program & Support)
Equal Opportunity Employer:
New Balance is committed to equality of opportunity for all current and prospective associates regardless of age, disability, race, religion or belief, gender, sexual orientation, pregnancy and maternity, marriage and civil partnership and gender reassignment. We are an equal opportunity employer and support a culture of diversity and inclusion.
If you have not already done so, please let us know if you require any support so we can make the right adjustments and considerations should they be required.
Top Skills
What We Do
In 1906, New Balance began as a humble one-man operation founded on the belief that “we were born to move,” and has since grown into an international corporation, selling footwear and apparel in over 120 countries and employing over 8,000 associates worldwide. Our mission has always been to support the performance of athletes, and with an unparalleled focus on quality and craftsmanship, we’ve come to set the standard for comfort and fit in an industry all too often driven by hype.
We’re incredibly proud of our history and how far we’ve come, but companies don’t thrive for over a century by being content.
Whether it’s setting a new style trend, retooling our manufacturing process, or building a new state-of-the-art headquarters, we pursue innovation with a spirit of fearless independence. As the only privately held major footwear company in the world, we’re free to do things our way, pushing limits and testing boundaries as we continually reimagine what could be. After all, the status quo isn’t static.
But doing things our way wouldn’t mean much if we weren’t also doing them the right way. We invest in our associates as they invest in us, and as we move forward, we make a point of giving back, supporting communities around us through ambitious philanthropic efforts and involvement programs. We are a company that cares, and our culture is one of integrity and teamwork where together we become greater than the sum of our parts.
