Inventory Planning & Allocation Specialist

Boot Factory Outlet•Youngstown, OH

8h•Onsite

About The Position

The Inventory Planning & Allocation Specialist is responsible for managing inventory distribution across ten retail store locations and supporting warehouse replenishment activities in a fast-paced retail environment. This role focuses on maintaining balanced inventory levels through manual analysis, inter-store transfers, and replenishment planning due to continuously changing inventory needs and sales trends. The ideal candidate is highly analytical, organized, detail-oriented, and able to make quick inventory decisions based on business demands, sales performance, and store needs.

Requirements

Previous retail inventory planning, allocation, merchandising, or supply chain experience preferred.
Strong analytical and problem-solving skills.
Advanced organizational and time management abilities.
Ability to work effectively in a fast-paced environment with changing priorities.
Strong communication and collaboration skills.
Proficiency in Microsoft Excel and inventory management systems preferred.
Ability to make sound inventory decisions using manual analysis and business judgment.
Ability to sit, stand, and work at a computer for extended periods.
Ability to occasionally lift and move inventory or boxes up to [weight requirement].

Responsibilities

Manage inventory allocations across ten retail store locations to maximize sales opportunities and maintain balanced stock levels.
Monitor inventory movement and store performance to identify replenishment needs, stock shortages, overstocks, and transfer opportunities.
Coordinate and execute inter-store transfers to support inventory balancing and improve sell-through performance.
Plan and manage replenishment from warehouse inventory to retail locations using manual review processes and reporting.
Analyze daily sales trends, inventory levels, seasonal demand, and product performance to make allocation decisions.
Ensure timely communication regarding transfers, replenishment, and inventory adjustments.
Work closely with store managers, operations teams, and warehouse personnel to address inventory concerns and prioritize product movement.
Identify slow-moving, excess, or aging inventory and recommend strategies to improve inventory productivity.
Monitor incoming inventory and distribute products based on store needs, business priorities, and sales trends.
Support inventory audits, cycle counts, and discrepancy investigations as needed.
Generate and review inventory reports to support operational decision-making.
Assist in developing and improving inventory planning processes and allocation strategies.