Samsonite

Allocation Analyst

Samsonite  •  Mansfield, MA (Hybrid)  •  3 months ago
Expired
AI can make mistakes so check important info. Chat history is never stored.

Job Description

The Allocation Analyst is responsible for optimizing inventory distribution across retail stores to maximize sales, margin, and inventory productivity. This role collaborates closely with Merchandising, Planning, Store Operations and the Store Field Team to ensure the right product is in the stores at the right time. This position plays a critical role in driving sell-through, reducing markdown risk, and improving overall assortment execution, and hitting allocation key performance metrics. This is a hybrid role; we work on site 4 days and remotely 1 day, weekly.

  • Inventory Allocation & Replenishment
  • Determine and manage the product flow replenishment to the stores to support sales plan, promotional plans, and store capacity limitations for the given categories of product.
  • Define and maintain basic stock levels in the system. Analyze and adjust as needed.
  • Analyze sales, stock-to-sales ratios, weeks of supply, and sell-through metrics at the assortment level
  • Review the recommended purchase orders and determine appropriate store order changes to support sales plan and promotional cadence while maintaining the freight budget
  • Assist the Allocation Manager with maintaining the order cadence with regards to different warehouses, transportation planning points and the monthly freight budget
  • Develop and execute discontinued product liquidations and replacement product plans with the Buyers.
  • Manage the monthly contract cleanup process for stores, uploading new contracts and deallocating and rejecting the old contracts
  • Assist with creating and managing new store orders
  • Follow up on open purchase orders to maintain timely shipping, determine ship status of any open orders and request proof of deliveries as needed.
  • Review orders monthly to determine which ones need to be closed in the system for Finance
  • Adhere to auditing procedures as it relates to purchase order processing and purchase order follow up.
  • Distribute adhoc reporting as needed
  • Support Merchandising team with updating store promotions as needed
  • Own system maintenance to ensure maintenance of price/product changes that impact stores and websites.
  • Communicate and coordinate with merchants, inventory control, customer service, and distribution center and field staff

Qualifications:

  • 1+ years of retail allocation, merchandise planning or inventory management experience
  • BS/BA related field
  • Strong analytical and Excel skills (pivot tables, forecasting, data modeling)
  • Strong written and verbal communication skills required
  • Ability to interact with the retail team in a fast-paced environment, remaining flexible, proactive, resourceful, and efficient. Must be open to and adaptable to changing business needs
  • Knowledge of Power BI, SAP, Aptos a plus
  • Results focused with a strong sense of urgency, follow through and drive

Who we are:
Samsonite is the worldwide leader in superior travel bags, luggage, and accessories combining notable style with the latest design technology and the utmost attention to quality and durability. For more than 100 years, Samsonite has leveraged its rich heritage to create unparalleled products that fulfill the travel lifestyle needs of conscious movers everywhere. With a portfolio of brands including Samsonite, Tumi, American Tourister, High Sierra, Gregory, Hartmann, and Lipault Paris, our products are sold in over 100 countries in North America, Asia, Europe and Latin America through our company-operated retail store, websites and a variety of retail partners.

Samsonite

About Samsonite

Founded in 1910, Samsonite is the world’s leading luggage brand. Renowned for its breakthrough research and development, and commitment to innovation, Samsonite has excelled since its inception with a number of industry firsts. Samsonite offers an extensive range of travel, business, kids, casual and personal accessory products. Samsonite helps travellers’ journey further, with ever lighter and stronger products.

Industry
Manufacturing & Production
Company Size
1,001-5,000 employees
Headquarters
Oudenaarde, BE
Year Founded
Unknown
Social Media