Director of Allocation and Replenishment

Ollie's Bargain Outlet•Lower Paxton Township, PA

11h•Onsite

About The Position

The Director of Allocation and Replenishment leads the strategy, execution, and optimization of inventory allocation, replenishment forecasting, new store planning, and product flow across stores. This role is responsible for maximizing sales, inventory productivity, and margin through data-driven inventory management and cross-functional leadership. The Director partners closely with Merchandising, Planning, Supply Chain, Finance, and Store Operations teams to ensure the right products are in the right locations at the right time.

Requirements

Bachelor’s degree preferred.
8–12+ years of experience in allocation, replenishment, inventory management, merchandise planning, or retail operations.
3–5+ years of leadership experience managing high-performing teams.
Strong understanding of retail MPA systems, supply chain operations, and inventory optimization methodologies.
Experience with ERP, allocation, and forecasting systems
Advanced analytical and problem-solving skills with strong business acumen.
Excellent communication, presentation, and stakeholder management skills.
Proficiency in Excel, BI/reporting tools, and data analysis platforms.
Experience leading inventory transformation or systems implementation projects.
Knowledge of predictive analytics and AI-driven replenishment tools.
Ability to work in a fast-paced, highly collaborative environment.

Responsibilities

Develop and execute allocation and replenishment strategies aligned with company sales, margin, and inventory objectives.
Oversee inventory flow across retail stores and warehouses
Optimize initial allocations, replenishment models, and assortments by volume group and store clusters
Monitor inventory productivity metrics including sell-through, weeks of supply, stock-to-sales ratio, fill rate, and in-stock percentage.
Lead seasonal allocation planning, new store inventory planning and promotional events
Lead, mentor, and develop allocators, new store coordinators, and replenishment buyers
Establish performance goals, KPIs, and career development plans for the team.
Foster a culture of accountability, collaboration, continuous improvement, and analytical decision-making.
Contribute to annual planning, budgeting, and forecasting processes.
Support company financial objectives through inventory productivity improvements and reduced markdown exposure.
Utilize systems and analytics to improve inventory accuracy and demand planning of never out replenishment items.
Analyze sales trends, customer demand, market conditions, and inventory performance to drive recommendations.
Identify opportunities to improve allocation algorithms, replenishment parameters, and automation capabilities.
Present business insights and recommendations to senior leadership.
Partner with Merchandising and Planning teams on assortment strategies and inventory investments.
Collaborate with Supply Chain and Distribution teams to improve replenishment speed and operational efficiency.
Coordinate with Store Operations to address inventory issues and service-level expectations.
Work with IT and systems teams on inventory system enhancements and process improvements.
Drive continuous improvement initiatives related to inventory optimization and operational workflows.
Ensure effective use of allocation and replenishment systems.
Lead implementation of new technologies, reporting dashboards, and automation initiatives.