Allocator, Collection and FW&J

Ralph Lauren•New York, NY

66d•$62,000 - $95,935•Hybrid

About The Position

Support sales and profitability of the DTC - North America product line through managing functions of distribution and retail analysis for Womens Collection. Execute and replenish distribution plans that support the financial objectives of the assigned division.

Requirements

Proficient in retail math
Strong analytical and problem-solving skills
Demonstrates strong listening, written and communication skills
Ability to manage multiple tasks simultaneously
Highly organized, detail-oriented and accurate
Able to develop and maintain effective cross-functional relationships
Computer proficiency (i.e. Office Suite); ability to learn technical applications quickly
Knowledge of V-lookups, H-lookups, and pivot tables

Nice To Haves

Impact Analytics Allocation a plus

Responsibilities

Ensure the financial success of one or more departments by meeting or exceeding sales, gross margin, gross margin return on investment (GMROI) and inventory turn goals
Utilize current systems to monitor basic and fashion allocations to support financial goals
Develop and implement allocation strategies for seasonal products and peak selling periods that support style selling trends and optimize available inventory
Maintain accurate unit forecasting by department by utilizing the Unit Distribution Forecast tool
Ensure inventory levels support style/color/size and APS goals
Recommend buy quantities/ store distribution based on APS and WOS. Collaborate to determine minimum/maximum quantities for lower volume stores - Preseason/In season
Maintain inventory flow, store capacities, new store goals, repurpose and space allocation/fixture projects
Maintain style and fixture minimums and maximums provided by Buying and Brand Presentation
Adjust allocations strategies accordingly and execute action plans based on business climate
Manage seasonal inventory appropriately to achieve "zero out" dates
Ensure product flow to stores maintain proper in-stock levels
Analyze and recap style/color/size selling trends across the various store attribute filters (destination, climate, alpha, district) pre and post season
Generate store reports weekly and monthly (including: in stock report, key item recaps, etc.) and make recommendations based on analysis
Create appropriate size breaks by product category to support selling
Execute pre-pack optimization strategies
Participate in distribution meetings, business reviews, product reviews, store visits and other business meetings sharing allocation opportunities and strategies
Create in-season store tiers as needed based on current trends to support initials and flow allocations
Create in-season minimums to be used in allocations to maintain in-stocks
Establish and maintain effective working relationships within both the allocation team and the cross-functional Product team (Planning, Buying, Brand Presentation, Distribution Center, Stores, etc.)
Communicate with peers to ensure consistency of information; share best practices and develop systems knowledge
Responsible for continuous education on various tools and core competencies in relation to development plan

Benefits

Base pay is only one part of our employee value proposition, which includes a robust benefits package, above-market time off, hybrid working arrangements, incentive compensation, where applicable, and varied learning opportunities.

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