JOB SUMMARYThe role of a Tory Burch Allocator is responsible for managing initial allocations and replenishment for All DTC (Retail, Ecommerce and Outlets).
Working alongside key stakeholders across the business (Planning, Buying, Marketing, DC, ECOM Store Teams) the individual will ensure that there is the right flow of stock through the business to meet target financial plans and profitability.JOB DESCRIPTIONTradingOwns weekly line print review with buying planning teams to ensure replenishment actions are followed through and sales opportunities are met – e.g stock transfers from BU/WHL bulks, consolidations, etc.Creates and maintains weekly reporting on launch/floor set availability, highlighting and addressing any concerns with teams.
Follows up with production teams to confirm delays.
Works with buying to deliver action plan on late arrivals.Creates and manages OOS reporting to update teams on broken stock and expected delivery dates on all replenishable lines.Regular store visits to gain collection and customer understanding.
Communicates regularly with stores to address needs and stock inquiries.Investigates stock inaccuracies and works with operations on how to improve.
Becomes the champion for inventory accuracy.Shares weekly delivery/in-transit tracker with GMs retail.Manages the quarterly Wholesale excess moves to RFEU ECEU BU in line with MFR transfer forecast.PlanningWorks with Planning DC to provide visibility of DC shipping FC, highlighting any peak builds in advance to allow DC to plan accordingly.Manages the AR model stock and reviews regularly to ensure right levels of stock are in stores as per sales curve and capacity targets.Contributes to and influences the key allocation strategies for the upcoming season.
Feeds into seasonal buying decisions from sizing/depth requirements.Works with Store/Retail Operations teams to manage stock builds in line with stores capacity.
Reviews any over-stock situations and takes necessary action.Partners with GASO/SAP team to embed best practice of order uploads, BU moves, etc with teams.Implements and drives new systems/processes to improve stock allocations/stock model – collaborating with teams across business to establish best practice.Works with retail and planning teams to deliver allocation plan for new/refurbishment/closures.Prepares various store analysis to continually drive sales.
Uses to support store and DC visits to give insight on stock vs sales performance.Candidate RequirementsExperience of 2+ years in Stock/Allocation Role.2 years or more of JDA Allocation and SAP experience.Good numerical and analytical skills.Must have Intermediate Excel skills.Ability to communicate effectively.Ability to work in a fast-paced environment.
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