Job Responsibilities:
Seasonal Allocation and Planning:
- Guide team of analysts to develop allocation strategies based on influences such as historical sales data, geographic location, store size, and customer preferences
- Lead a team in partnering with buying, planning, visual to plan for seasonal set and refresh allocations
- Support the execution of seasonal strategies and marketed events by ensuring the allocations on the right product at the right time are done in a timely manner
- Monitor and adjust allocation strategies as necessary throughout seasons based on changing conditions
Inventory Analysis:
- Evaluate opportunities and apply the necessary adjustments for upcoming seasons based on reviewing store sales performance, tracking sell-through rates
- Proactively identify and mitigate risks related to inventory management, such as overstocking, stockouts, or excess inventory write-offs
- Manage with cross functional partners slow-moving items and recommended actions to address these issues (hold in DC, markdown, floor placement moves)
- Review key performance metrics, highlighting areas for improvement and opportunity
Data Analysis and Reporting:
- Review reporting on inventory performance and recommended strategy adjustments
- Oversee the partnership with Data Science team in building dynamic Power BI dashboards that fuel analysis and actions
- Help develop and deliver a story from large data sets to create an action plan accordingly
Communication, Collaboration, Team Development:
- Cross-collaborate closely with (but not limited to) Buying, Planning, Visual Merchandising and Supply Chain to ensure effective communication and coordination
- Provide regular updates on allocation effectiveness throughout the season
- Support a collaborative, innovative, and results-oriented environment within your team and with a cross-functional partners
- Train, manage and develop team of analysts
Qualifications:
- Minimum of 4-7 years of experience in inventory management
- Effective cross-functional collaboration and communication skills
- Ability to delegate to a team, and provide ongoing coaching, feedback, and performance evaluations
- Foster a positive work environment where you lead a team to success
- Capable of prioritizing workload in a fast paced and dynamic environment
- Sense of urgency and excitement to be a part of a high-growth retail environment
- Able to formulate a point of view of the business and to summarize opportunities and strategies
- Advanced Microsoft Excel skills and ability to learn systems quickly. Power BI or Tableau experience a bonus
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