Charlotte, NC, United States
Job Id#: 17634
Date published: 13-Sep-2017
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The Allocation Analyst is the store expert, responsible for optimizing inventory by store to create the most profitable assortment at the store level. They are responsible for initial allocations as well as back up orders and optimizing replenishment at a location level. Analysts work closely with their Merchandising and Planning partners to identify and react to business needs to drive the profitability of the office This position requires a passion for finding small wins at the location level and translating them into larger wins that drive the profitability and productivity of the entire company.
Execute all associated allocations for initial buy, delayed allocation and re-flow orders for stores and e Commerce.
Analyze current sales trend, inventory levels and past selling history to develop distribution strategies and execute allocations to achieve optimal inventory levels by store.
Analyze location sales and highlight inventory successes and opportunities
Own and lead the process and communication of allocation on a consistent and ongoing basis
Analyze and manage replenishment programs and support development of style/SKU counts
Support maintenance of vendor matrix and Location Ranging Tool (LRT)
Develop seasonal and annual size profiles based on appropriate size strategies and analysis
Optimize number & size distribution of case packs to maximize sales and margin
Perform allocation effectiveness Hindsighting to improve all eff & drive future profitability
Drive clustering process as well as reacting in-season to opportunities to manage stores and clusters
Proficiency in planning/merchandising systems (RMS, APX, SPO, and what if allocation)
Additional responsibilities as requested or required by business need
Bachelor's degree in business, finance, operations, or other related field, strongly preferred
Strong background in data analysis and retail allocation experience required
Strong problem-solving and analytical skills; strong aptitude with numbers
Passion for solving problems at a location level
A mindset that can quickly adapt to new thought processes and is constantly looking for a better way to do the job
Aggressive in pursuing opportunities and driving allocation excellence
Creative in finding opportunities and solving problems
Innate curiosity, constantly looking internally and externally for better ways to do the job
A flexible mindset that can quickly adapt to new thought processes
Ability to manage time and workload effectively with flexibility to shift focus/priorities at a moment's notice
Excellent written and verbal communication skills
Charismatic team player that exhibits excellent team work abilities
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Website : http://www.belk.com
Belk, Inc., together with its subsidiaries, owns and operates department stores in the United States. Its stores offer fashion apparel, shoes, and accessories for women, men, and children; sportswear for women; and cosmetics, home furnishings, house wares, fine jewelry, gifts, handbags, scarves, small leather goods, denims, and other merchandise. The company also sells its products through its Website, belk.com, as well as provides equipment maintenance services to third parties. As of April 14, 2014, it operated 300 stores located in 16 Southern states. Belk, Inc. was founded in 1888 and is headquartered in Charlotte, North Carolina.