Senior Allocator

Versace
New York, NY

.Who You Are:

You are highly analytical, interested in fashion, and can drive results in a fast-paced environment. You will provide support to achieve financial merchandise strategies to maximize sales, profit, inventory, and turn objectives for Versace Retail. You will work collaboratively, detect and interpret trends, and learn how to draw inferences on how to grow our business.


What You’ll Do:

  • Responsible for ensuring all outlet stores have the appropriate stock levels by style and by category.
  • Manage stock from initial allocation through end-of-life cycle of merchandise, including replenishment, style expansion, and consolidation of goods to other stores or channels.
  • Manage overall outlet store inventory levels based on store capacity, attributes, seasonality and selling curves.
  • Conduct daily allocations to replenish products in all stores, including made for outlet products (newness & core) as well as aged goods.
  • Review, analyze, and respond to product requests and multi-unit confirmed sales from outlet stores.
  • Update and manage the allocation forecast on a weekly basis to help drive business decisions including opportunities for rebalancing, destocking, and for sending additional newness.
  • Partner with the Outlet Planner and Outlet Buyer in helping determine the flow of new products in stores on a weekly and monthly basis based on collection launches, store inventory levels, and forecasted category needs.
  • Work closely with the logistics team and retail leadership in managing shipment timings, shipping capacities, achieving desired in-store delivery dates, and the flow of goods during peak-selling periods.
  • Analyze stock levels by style by store and send out inter-store transfers/consolidations to rebalance stock on a bimonthly basis.
  • Partner with the Outlet Planner on analyzing the business on a weekly basis. Work together to create action plans to improve topline sales, inventory positions, and store sales.
  • At the end of each season, partner with the Outlet Planner to identify categories or collections with excess inventory. This helps drive decisions to expand styles to additional door groups, take deeper mark-downs, off price opportunities, and sample sale selections.[MM1]
  • Send weekly lists to outlet stores of all products to be delivered that week with pictures.
  • Assist Outlet Planner with executing store goals, markdowns, and other business critical tasks.


You’ll Need to Have:

  • Bachelor’s degree
  • At least 2 years of experience in planning, allocating, merchandising, or buying.
  • Advanced Microsoft Excel skills.
  • Strong organizational skills and attention to detail.
  • Strong analytical skills and the ability to provide analysis related to driving the business.
  • Knowledge of retail math.
  • Ability to multi-task and prioritize.
  • Ability to work both autonomously as well as within a team.


We’d Love to See:

  • The ability to think strategically, drive results, and build a high-performance organization
  • Proven ability to be strategic and tactical in a demanding, fast-paced environment
  • Ability to self-manage and deliver against objectives while working with tight deadlines
  • Highly organized and ability to adapt to quickly changing priorities
  • Articulate with excellent communication style


OUR DIVERSITY VALUE

At Versace, we are all responsible for creating a diverse and inclusive workplace. We try to inspire change and growth within each other and believe success is a result that comes from our differences. Versace is proud to be an equal opportunity employer committed to inclusivity regardless of age, sex, sexual orientation, gender identity, genetic characteristics, race, color, creed, religion, ethnicity, national origin, alienage, citizenship, disability, marital status, military status, pregnancy, or any other legally recognized protected basis prohibited by applicable law.

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