About the Role
The Inventory Allocation Planner is responsible for maximizing sales, margin and inventory of one or more departments through in-season allocation from DC to store/online, and effective and effective yield/GM management through promo/markdown management. Success in this position requires the ability to translate quantitative and qualitative data into actionable strategies; and the ability to build strong cross-functional partnerships with Merchandise Planning, Merchandising, Logistics, Store Operations, and the Field.
What You'll Do
- Drive the seasonal inventory allocation strategies that support the product, investment strategies, and commercial plan strategies
- Execute initial inventory releases; ensure consistent and profitable in-season replenishment.
- Within the purchase order process, inform team of divisional strategies for packing, pre-packs, size balancing and inventory balancing within multiple pools of inventory.
- Sponsor analysis and cross-functional partnerships that will identify and quantify size selling, geographic and store-attribute opportunities; ensure follow through on execution of strategies.
- Drive profitability through leading and executing promotional and markdown strategies which align with divisional and brand financial goals
- Manage Basics forecast, allocation and service levels for one or more departments
- Serve as a brand SME for inventory process improvements and brand projects
- Drive profitability through leading and executing promotional and markdown strategies which align with divisional and brand financial goals.
- Deliver results through everyday management of the business that align to the overall brand strategy, resulting in increased earnings and financial success.
Who You Are
- Minimum 3 to 5 years inventory management experience
- Excellent verbal and writing skills in English is required, and in Japanese is preferred
- Four-year college degree or equivalent required
- Ability to evaluate financial and business indicators and translate data into actionable recommendations to Drive for Results
- Keep Customer Focus in mind when making decisions
- Talent Builder: Ability to hire, train, develop, and motivate direct reports
- Collaboration & Influencing: Ability to build constructive relationships with a broad range of business partners; can present ideas and direction that lead others to action
