SummaryAs an Allocation Manager at Hermès of Paris, you will play a crucial role in managing the strategic distribution of products to ensure optimal stock levels that align with customer demand. You will lead allocation processes with a data-driven approach, collaborating cross-functionally to support sales and inventory goals.
Responsibilities- Develop and implement effective inventory pre-season allocation strategies in alignment with company goals and objectives.
- Oversee and manage the company’s replenishment programs by partnering with the Planning and Merchandise team to develop min and max levels at the SKU detail.
- Monitor store performance and inventory levels to make proactive allocation and replenishment decisions.
- Review and adjust allocation min max levels based on real-time sales and inventory data to optimize product availability and minimize overstock.
- Collaborate with the Merchandising team on distribution strategies to drive sales and mitigate any inventory risk in season.
- Conduct sales forecasts to understand months of supply and demonstrate proactive executions.
- Support the team in developing back of house capacity plans that can be tracked against.
- Monitor and report the status of stores against current and upcoming capacities against stock levels to make decisions on allocation action and highlight any potential risks.
- Collaborate with IT to troubleshoot system errors and find long-term solutions to operate effectively and efficiently.
- Track inventory flow to stores and distribution centers to determine allocation strategies for launch moments.
- Leverage Excel to build and maintain tools that streamline allocation analysis and improve decision-making.
- Lead and manage the launch of new replenishment tools.
- Develop and maintain a high-level understanding of store profiles inclusive of master data, lead time management, and location delivery requirements to improve the allocation process.
- Lead and mentor an Allocator to ensure accurate and timely execution of allocation processes.
Requirements- Bachelor’s degree in Business, Supply Chain Management, Merchandising, or a related field.
- 6+ years of experience in allocation, preferably with management or leadership experience.
- High level of proficiency with retail math and Excel for data analysis, forecasting, and modeling.
- Proven leadership experience with a demonstrated ability to coach or mentor team members.
- Comfortable and confident making allocation decisions and recommendations grounded in data.
- Ability to effectively multi-task, prioritize, and adapt to a fast-paced, dynamic business environment.
- Strong strategic thinking and outstanding analytical/quantitative skills with the ability to manage large amounts of data.
- Ability to drive process improvements and develop systematic processes, get results, and bring issues to closure while applying a continuous improvement mindset to all workstreams.
- Excellent listening, communication, and presentation skills; ability to effectively interact with team members and cross-functional and field partners at all levels.
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