Associate Allocator

Tory Burch • New York, NY

5d

About The Position

We are an American luxury lifestyle brand, founded in 2004. Anchored in the casual elegance of American sportswear, Tory’s design philosophy is defined by effortless silhouettes, innovative materials, eclectic juxtapositions of color, and the tension of past and present. The collections include ready-to-wear, handbags, footwear, accessories, jewelry, home and beauty. Empowering women is the company’s guiding principle, expressed through Tory’s collections and reflected in the company culture as well as the work of the Tory Burch Foundation. Established in 2009, the Foundation provides women entrepreneurs in the United States with access to capital, education and community. You are seeking a work environment where people are encouraged to dream, explore, discover and, as important, laugh together. If you’re prepared to work hard, create impact, and have fun while doing it, we would love to have you join #TeamTory. Apply today! Life @ToryBurch is Special Because: When you join us, you’re joining a global, purpose-led company on an exciting growth journey with an amazing culture and great benefits. Our culture is welcoming and inclusive -- everyone is empowered to make a difference. We have the best team in the world and believe in paying competitively and rewarding for high performance. Your overall well-being is important to us; we offer generous benefits to help you take care of your mental and physical health, create financial security, and achieve wellness in all areas of your life. We love seeing our employees wear our beautiful collections. You’ll receive a generous employee discount and access to exclusive sample sales. We are invested in your professional growth – you’ll have access to free executive coaching on-demand. We believe in the importance of giving back and you’ll have many opportunities to do just that through the Tory Burch Foundation and paid volunteer days. This Role is Tailor-Made for You Because: You are responsible for analyzing the business by division, product category and SKU level. Support sales and inventory strategies for Direct to Consumer Channels. You’re also resourceful and collaborative with excellent communication skills, strong retail math and analytical skills and you enjoy working in a fast paced highly collaborative environment. A sense of humor is a plus! A Day in the Life: The typical day is… atypical. You will support the Allocation function/manager in the development and maintenance of North America allocation strategies for Outlet Stores, with a focus on timely and accurate deliveries that support the company’s financial targets and inventory turns. Fully align, partner, and cooperate with Buying, Planning, Visual merchandising, Regional Directors/GMs, Stores, and Logistics. Provide a high level of customer service to store/field requests for upcoming business events/needs and key event calendar. Provide visibility through standard and ad-hoc reporting on a daily, weekly, and monthly basis. Support in ensuring size profiles are optimized by store cluster to maximize Sales, Gross Margin, and inventory turns. Ensure a balance between store and warehouse on hand – protecting the store channel and optimal inventory levels. Influence seasonal buying decisions based on out-of-stock performance. Make recommendations to the Planning and Buying teams on product receipt needs to ensure that sales are maximized in all store locations. Participate in monthly floor set communication of allocation strategy for New Floor Sets (size, options) and ensure all monthly floor sets are delivered within set parameters i.e. receipt by the first week of each month, communicate any delivery issues which may affect this plan back to Buying and Planning. Own category allocation of monthly fashion floor set to maximize productivity at store level for key categories. Support in the creation of model stocks for owned categories ensuring that optimal inventory levels are maintained at store and warehouse levels. Manage the replenishment of owned categories key items, while partnering with Planning to best optimize sales/inventory. Manage inventory excellence at the door level for owned categories ensuring stock is at the optimum level at style/size level based on sales performance. The consistent thread is that you’ll be working with an amazing team of women and men who share your passion for excellence.

Requirements

• A minimum of two years of relevant experience
• Strong Analytical skills
• Effective communication skills both written and verbal
• Represents the brand image
• Strong presentation skills
• Expertise in Microsoft Excel

Responsibilities

• Support the Allocation function/manager in the development and maintenance of North America allocation strategies for Outlet Stores, with a focus on timely and accurate deliveries that support the company’s financial targets and inventory turns.
• Fully align, partner, and cooperate with Buying, Planning, Visual merchandising, Regional Directors/GMs, Stores, and Logistics.
• Provide a high level of customer service to store/field requests for upcoming business events/needs and key event calendar.
• Provide visibility through standard and ad-hoc reporting on a daily, weekly, and monthly basis.
• Support in ensuring size profiles are optimized by store cluster to maximize Sales, Gross Margin, and inventory turns.
• Ensure a balance between store and warehouse on hand – protecting the store channel and optimal inventory levels.
• Influence seasonal buying decisions based on out-of-stock performance.
• Make recommendations to the Planning and Buying teams on product receipt needs to ensure that sales are maximized in all store locations.
• Participate in monthly floor set communication of allocation strategy for New Floor Sets (size, options) and ensure all monthly floor sets are delivered within set parameters i.e. receipt by the first week of each month, communicate any delivery issues which may affect this plan back to Buying and Planning.
• Own category allocation of monthly fashion floor set to maximize productivity at store level for key categories.
• Support in the creation of model stocks for owned categories ensuring that optimal inventory levels are maintained at store and warehouse levels.
• Manage the replenishment of owned categories key items, while partnering with Planning to best optimize sales/inventory.
• Manage inventory excellence at the door level for owned categories ensuring stock is at the optimum level at style/size level based on sales performance.

Benefits

• When you join us, you’re joining a global, purpose-led company on an exciting growth journey with an amazing culture and great benefits.
• Our culture is welcoming and inclusive -- everyone is empowered to make a difference.
• We have the best team in the world and believe in paying competitively and rewarding for high performance.
• Your overall well-being is important to us; we offer generous benefits to help you take care of your mental and physical health, create financial security, and achieve wellness in all areas of your life.
• You’ll receive a generous employee discount and access to exclusive sample sales.
• We are invested in your professional growth – you’ll have access to free executive coaching on-demand.
• We believe in the importance of giving back and you’ll have many opportunities to do just that through the Tory Burch Foundation and paid volunteer days.

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level
• Education Level: No Education Listed