Allocations Analyst

Michaels Stores•Irving, TX

1d•Onsite

About The Position

The Allocations Analyst will ensure that product flow and allocations of product to stores adheres to the goals of the company and department. This Team Member will serve as a cross-functional partner of the assigned Michaels Buyer Team(s) and will partner in needed communication flow from merchandise tracking, distribution centers and stores. This individual is a key player in developing the strategies needed to achieve the correct placement of goods into the stores and determining the most efficient allocation strategies and is expected to actively communicate with Senior Management as well as merchants.

Requirements

BS in Retail, Business, or related Field

Nice To Haves

1-3 years retail experience preferred

Responsibilities

Through historical sales analysis, develop criteria to use for allocation strategy
Review sales tracking weekly with buyer and team
After Category Management Planner develops initial wave plan, partner with them to ensure that flow of goods will optimize sales and space productivity by adjusting as needed. Tie wave plan to space timing
Prior to allocating new season, review prior year sales, inventory and demand through to optimize new season allocation
Incorporate merchandise strategy into the formation of allocation methods. (ex. allocation checklist)
Communicate with store operations, DMs, and ZVPs to find sales and allocation improvement opportunities
Provide warehouse distribution for initial purchase orders
Provide assortment plan information to merchandise tracking and DCs as changes occur
Recommend changes to Merchandise Team to optimize allocations, including: Sales History, Case Pack, Inner Pack, Stores, etc.
Allocate purchase orders for assigned departments, including seasonal assets, trends items, and new direct to store items.
Plan, manage, and execute all allocations to the store level
Adjust allocation plans for any needed special programs or regions. Ex. Canada, FMA, Ship from Stores, BOPIS
Coordinate and communicate with DC expediters and merchandise tracking allocation issues. This will include unscheduled pushes, short ship, and overages.
Validate stores on POG prior to releasing allocation
Ensure allocations are done based on predetermined timeline and communicate to stores and DC any changes
Partner with new store department on timing of openings of new and relocation stores to incorporate into future DC breaks (DC inventory) and allocations so that product will be available at new store opening
Participate in weekly Buyer Team meetings
Visit stores with Buyer and Planner
Participate in POG review with Merchant Teams to understand future in store seasonal sets
Captain special projects as assigned by supervisor
Other duties as assigned