SummaryAs a Senior Allocator at Versace, you will play a crucial role in supporting financial merchandise strategies to maximize sales, profit, inventory, and turn objectives for Versace Retail. You will work in a fast-paced environment, collaborating with various teams to detect and interpret trends, and draw inferences to grow the business.
Responsibilities- Ensure all outlet stores have appropriate stock levels by style and category.
- Manage stock from initial allocation through end-of-life cycle, including replenishment and consolidation of goods.
- Conduct allocations to replenish products in all stores, including new and aged goods.
- Partner with the Outlet Planner and Buyer to determine the flow of new products based on collection launches and forecasted needs.
- Update and manage the allocation forecast to drive business decisions.
- Work closely with logistics and retail leadership to manage shipment timings and delivery dates.
- Send weekly product delivery lists to outlet stores.
- Analyze stock levels and send inter-store transfers to balance stock.
- Review and respond to product requests and multi-unit confirmed sales.
- Partner with the Outlet Planner to recap business and create best seller reports.
- Identify categories with excess inventory to drive decisions on markdowns and sales.
- Assist Outlet Planner with executing store goals and business tasks.
Requirements- Bachelor’s degree.
- 2-3 years of experience in planning, allocating, merchandising, or buying.
- Advanced Microsoft Excel skills.
- Strong organizational and analytical skills.
- Knowledge of retail math.
- Ability to multi-task and prioritize.
- Experience in Luxury Retail and Allocation Systems a plus.
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