Manager of Retail Planning & Allocation

Revolve•Cerritos, CA

67d•$100,000 - $130,000•Hybrid

About The Position

A Manager of Retail Planning & Allocation is responsible for developing and executing strategies to ensure the right products are in the right stores at the right me, optimizing inventory levels, and maximizing sales and profitability. This role involves managing financial budgets, forecasting demand, and collaborating with other departments like merchandising, buying, planning, and operations.

Requirements

Strong analytical and problem-solving skills
5+ years experience in retail planning, allocation, or inventory management
10+ years of retail operations
Knowledge and experience with financial planning and partnership
Proficiency in using retail planning and allocation systems
Excellent communication and collaboration skills
Ability to work independently and as part of a team
A bachelor's degree in business, merchandising, supply chain, or a related field is often required.
Proficient in GSuite & Excel
Travel up to 25% of the me
Available for hybrid in-person work schedule - Position based in Cerritos, CA

Nice To Haves

MBA a plus for this position

Responsibilities

Developing and executing allocation strategies to optimize inventory levels, minimize stockouts, and maximize product turn.
Analyzing sales data, market trends, and other factors to forecast demand for specific products and categories.
Managing budgets, forecasts, and resource allocation to achieve financial targets.
Referencing data from Demand Forecasting and Financial Planning to provide input to support Retail specific buys by season, ensuring alignment with eCom.
Working with merchandising, buying, store operations, and other teams to align planning and allocation strategies.
Tracking key performance indicators (KPIs) like sales, inventory turnover, and gross margin to identify areas for improvement.
If applicable, leading and developing a team of analysts or planners to support planning and allocation activities.
Participating in the design and implementation of systems for inventory management and allocation
Developing plans for the types and quantities of merchandise to be carried in stores during a specific season.
Determining how many of each product to send to each store based on factors like sales history, store capacity, and demand forecasts. Including building a replenishment strategy for stores that is rooted in data, customer profile, and on hand inventory for Retail.
Determining when and how to reduce prices on merchandise to clear inventory and maximize sales.
Providing insight into how much inventory to purchase based on sales forecasts and financial targets.
Identifying trends, patterns, and opportunities to improve sales and inventory management.
Communicating insights to senior management and recommending changes to planning and allocation strategies.