Junior Allocation Analyst

Vineyard Vines

Stamford, CTOn-siteFull time
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Location
Stamford, CT
Work style
On-site
Job type
Full time
Posted
Oct 8
11 days ago
Career path

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About the company

Vineyard Vines

Apparel & fashion · 1,001 to 5,000 employees

Vineyard Vines on LinkedIn

What you'll do

  • Manage inventory levels and allocation strategies, including replenishment, consolidation, and sell down.
  • Analyze sales, inventory, and size selling, and partner with planning, merchandising, stores, and distribution on recommendations and action plans.

What you need

  • Requires 1 to 2 years of Allocation or Planning experience or relevant financial experience, a clear understanding of financial measurements, and strong communication, time management, prioritization, and organizational skills.

Key skills

Allocation or Planning experiencefinancial measurementsinterpersonal communicationtime managementprioritizationorganizational skillsmulti-tasknegotiateinfluencereceive and communicate feedback

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Read the full posting here
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

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