As an Allocation Planner, you will be responsible to ensure timely and accurate execution of Lands’ End products in retail stores, using standard processes to maintain optimum stock levels and drive sales. You will plan and execute product receipt flow. You will execute initial allocations as directed through Preseason Planning. You will proactively and thoughtfully push inventory to drive profitable sales incorporating seasonal strategies, weekly allocation shipment targets, analysis of sales and market trends, store inventory levels and desired sell-through rates. You will manage inventory levels by location and develop inventory requirements by store utilizing analysis of geographic store performance and regional volumes. You will utilize understanding of standard assortment strategies and supply chain requirements to work with Store Operations and Distribution Center to solve allocation and inventory discrepancies. You will collaborate with Inventory Planners and Merchants to identify growth opportunities. This includes review of inventory across channels to identify the best inventory strategy to meet sales and manage end of season inventory levels.
Develop and manage semiannual size selling analysis, resulting in prepack and bulk size commits.
Create and manage location and product hierarchy store clusters
Support assortment with product flow for location openings, closing, and adjusted strategies.
Perform ad hoc analysis projects based on business needs and present findings to team.
Support overall company and brand objectives to drive financial results that maximize sales, margin and inventory
Conduct in-season performance tracking, reporting and analysis
Provide markdown and product leverage analysis and recommendations
Participate in improvement initiatives, collaborate with peers to ensure consistency of information, share best practices, and develop tools/system knowledge
Skills
At least 3 years of experience in retail replenishment and allocation.
An understanding of planning and forecasting processes.
Proven ability to understand financial metrics and possess an adequate analytical acumen and skill set, including the ability to recognize trends and patterns within a large and complex data set.
Strong written, verbal, and oral communication skills.
Sense of urgency.
Proficiency in using mainframe and PC based packages, with an Intermediate proficiency level in Microsoft Excel, including v-lookups and pivot tables. Must be comfortable handling and manipulating large data sets.
Able to build and maintain strong relationships with cross-functional teams.
Strong organizational skills and attention to detail. Able to quickly reprioritize based on changing business needs and trends.
Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities The contractor will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the contractor’s legal duty to furnish information. 41 CFR 60-1.35(c)