SummaryThe Allocation Manager is a strategic role responsible for developing and executing comprehensive inventory strategies across the entire product lifecycle, leveraging a blend of analytical insights, innovative thinking, and deep market understanding. This position ensures optimal inventory levels to meet sales targets while minimizing excess stock.
Responsibilities- Establish and monitor inventory targets by category and store, managing inventory flow, replenishment, and consolidations to achieve both lean inventory and "never out of stock" objectives.
- Develop and maintain launch and replenishment tools for all product classifications and product lifecycles.
- Create and execute release plans to meet varying launch date requirements across individual retail stores and wholesale accounts.
- Manage stock flow from Spain, advocating for optimal replenishment levels to increase sell-through, inventory profitability, and topline sales.
- Generate weekly allocation reports, identifying reporting gaps and developing new reports to enhance visibility and decision-making.
- Implement and test global supply chain tools for allocations and reporting.
- Serve as the primary commercial point of contact for the 3PL warehouse, providing weekly projections and priorities on inbound/outbound shipments and strategic projects.
- Maintain regular communication with retail store teams to fulfill customer requests, address general store needs, and provide updates on product delivery status.
Requirements- Bachelor’s degree in Fashion, Business, or a related field.
- Minimum of 4 years of experience in allocation.
- Advanced proficiency in Excel, including retail math and systems.
- Strong attention to detail and excellent time management skills, with the ability to prioritize and approach critical tasks with a sense of urgency.
- Excellent communication and collaboration skills to work effectively with internal, external, and global teams.
- Self-motivated and a team player with a passion for inventory management and growing the LOEWE brand.
- Availability to travel and support weekend projects as needed.
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