Allocator

Chico's FAS Inc. - Fort Myers, FL

Posted 753 days ago
  • Experience
    Mid-Senior level
  • Job function
    Analyst, Product Management, Strategy/Planning
  • Employment type
    Full-time
  • Industry
    Retail
  • Job ID
    3654991

This is a preview of the Allocator job at Chico's FAS Inc.. To view the full job listing, join LinkedIn - its free!Join LinkedIn - its free!

About this job

Job description

POSITION OBJECTIVE: 


The Allocator II is responsible for merchandise allocation to frontline and Direct to Consumer (DTC) stores. Duties include initial purchase order allocation, maintenance of Distribution Center back stock, and partnering with Merchants and Planners to assure the proper merchandise assortment for stores. Train new staff and position themselves as an informal leader of the Allocation team.

FUNCTIONAL RESPONSIBILITIES:


• Execute store rankings per the direction of the Store Planning Team.
• Allocate quantities to stores, which will effectively maximize the ability of each store to generate sales and margin and maintain the appropriate stock to sales ratio.
• Conduct periodic reviews to ensure that buy quantities and stock levels meet current sales trends.
• Ensure the stores are kept in stock with respect to their ability to sell merchandise.
• Understand the "average store" concept and apply it to the allocation of merchandise; monitor the business at the store level.
• Understand "store attributes" and use the information as guide for the allocation of merchandise.
• Manage the basic stock replenishment programs. 
• Conduct periodic reviews of the following to ensure that buy quantities and stock levels meet current sales trends:
o Store rankings and indices
o Stock replenishment items and quantities by store
o Sizing by store
• Analyze size selling by store; recommend size buys.
• Partner with the Planners and Merchants.
• Develop specific reports to support the business and complete ad hoc reporting as needed to drive or react to current or future business conditions.

Additional Responsibilities:


• Develop information queries, excel reporting, and analysis templates, which support the Allocation and Merchant teams.
• Recommend changes and/or enhancements to the current procedures and systems for the allocation and replenishment functions.
• Own a main task or project as the Allocation team representative.
• Mentor and train Merchandise Allocators. 
• Assist the Planner in setting priorities and analyzing the business.

Desired Skills and Experience

QUALIFICATIONS:


• Bachelor's degree in Business, Finance, Operations, or other related field preferred; or equivalent professional experience with an apparel specialty retailer
• 2-3 years of allocation experience 
• Strong problem-solving and analytical skills; strong aptitude with numbers
• Ability to manage time and workload effectively with flexibility to shift focus/priorities at a moment's notice
• Excellent written and verbal communication skills
• Charismatic team player that exhibits excellent "team work" abilities
• Strong PC proficiency with a strong emphasis in Excel 
• JDA and/or SAP experience a plus
• Occasional market travel may be required

About this company

Chico's FAS Inc.

Chico's FAS, Inc. through its brands -- Chico's, White House | Black Market, Soma Intimates, and Boston Proper -- is a women's specialty retailer offering sophisticated, casual-to-dressy clothing, lingerie, and complementary accessories. Chico's FAS helps women look as great as they feel by delivering amazing personal service and offering unique products, all within a warm and inviting boutique atmosphere. All brands share the same focus on creating lifelong relationships with customers, offering them high quality merchandise and amazing personal service. At Chico’s FAS, we value our customers, integrity, respect, vibrant spirit, and high performance. Our commitment to encourage and support the success of each associate makes Chico’s FAS, Inc., the Most Amazing Place to Work, Learn, & Grow! As we continue to grow our brands, we invite you to learn more about the opportunities to become a part of our incredible team.

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This is a preview of the Allocator job at Chico's FAS Inc.. To view the full job listing, join LinkedIn - its free!Join LinkedIn - its free!

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