Junior Allocation Analyst
Vineyard Vines
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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
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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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