Allocator
Levi Strauss & Co
Philippines, Makati City
4d ago

Purpose :

The Retail Allocation team acts as a trusted advisor to the Regional Planners to support the end-to-end strategy execution to the store / door level.

They are responsible for executing product allocations to the store / door level. This role is to support the Snr Allocator / Asst.

Manager to validate and rationalize high level allocation plan based on bottoms-up sku / store level analysis.

Key Results :

  • Store-level Inventory Management Performance
  • Supply Chain Performance
  • Core product out-of-stock rate, Store capacity fill rate and store inventory turn, monthly newness on-time delivery rate
  • Key Responsibilities :

  • Use inputs from sizing team, historical performance & qualitative feedback from retail ops to update allocation parameters and derive size curve by product / store in order to optimize store / door sell through
  • Develop accurate inventory flow forecasts that support business strategies
  • Execute allocation strategies to optimize inventory, including new store assortments and replenishments
  • Rebalance store and DC inventory coverage to capture sales opportunity
  • Recommend and execute exception management and size balancing activities to ensure customer demands are met
  • Conduct quantitative analysis and insights to optimize inventory deployment monetize new opportunities and identify risks
  • Pre-Season

  • Collaborate with Merchant Planners to develop store and product segmentation for the season, based on sales potential, store size and consumer profile
  • Identify seasonal eligibility for store / product
  • Review size profile, eligibility and optimal allocation depth with cross functional team, and highlight if there are any challenges on the assortment width & depth which impact sell thru performance and store capacity
  • In-Season

  • Validate initial flow plan against marketing plan, holiday schedule and product availability in DC, highlight issues to MP / IM / Commercial.
  • Develop parameters (target WOC & model stock) for new items and / or new stores
  • Recommend and execute store-to-store inventory rebalancing activity to optimize inventory for fast turning products / store providing DC inventory is under constraint.
  • Preparing reports and analyzing reports, provide timely & accurate order information to senior allocator during cross-functional sales / alignment meeting.
  • Consolidate store requests and provide timely response to queries from retail operation
  • On-Going

  • Review and release initial allocation and communicate to Order Management & Retail team
  • Identify business trends at store & product to identify weekly allocation priorities via product, store & in-stock reporting
  • Manage product and store attributes / parameters as per business trends
  • Review and release seasonal and core replenishment orders
  • Execute and communicate store to store transfers / returns
  • End of product life management to ensure all inventory is seasonally relevant in trade
  • Participate in affiliate weekly operation meeting to proactively highlight issues to get resolution
  • Conduct Allocation Connect meeting with retail ops team to share allocation plan and receive store inputs
  • Collaborate with Category Planners to efficiently utilize DC inventory to support the corresponding channel needs.
  • Collaborate with Order Management / Distribution / Logistics to plan out operation activities considering of holidays / capacity / manpower constraints
  • Reporting :

  • Store Capacity Report
  • Core Out of Store Report (OOS)
  • Seasonal floorset launch tracker
  • Weekly Allocation Connect Meeting Minutes
  • Hind-sight

  • Hind-sighting store performance
  • Hind-sight end of season performance
  • Requirements :

  • Bachelor’s degree (or equivalent work experience)
  • 5-7 years of experience (preferably in a retail environment, with relevant experiences in merchandising, planning & allocation)
  • Technical proficiency with computer software tools and the ability to learn new ones quickly (Microsoft Word, Excel, Power Point, Access)
  • Experiences in SAP, BI, SAS is preferred
  • Strong analytical / problem solving capabilities including the ability to quickly identify and communicate implications from consumer, internal and marketplace information
  • Ability to handle multiple tasks and projects simultaneously
  • Excellent written and verbal communication skills
  • Strong listening and interpersonal skills
  • Fluent in English (written & spoken)
  • LI-CL1

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