The Merchandise Location Analyst is responsible for the
execution of store plans and merchandise allocations to all stores. They are
responsible for developing planned store inventory levels by department/class
and maintaining inventory levels and merchandise assortments to maximize sales
and gross margin performance.
Responsibilities
• Create sales, inventory and shipping index
plans by department/class by month for comp and new stores; analyze historical
data and current sales trends and apply findings to pre-season and in season
planning
• Create and manage allocation strategies for
product by location based on the sales, inventory, and shipping plans
• Partner with merchants and planners to define
inventory ownership strategies of basic key item styles; manage replenishment
to meet basic in-stock targets
• Review inventory levels and store rankings by
department/class and develop strategies to optimize inventory with new receipts
and consolidations
• Analyze and react to individual store
performance and the performance of store groupings to better flow merchandise
and allocate inventory replenishment
• Fulfill open to ship weekly by monitoring
store category sales, inventory sell through, and stock to sales by style and
color.
• Administer product flow out of the
distribution center and in-transit to stores; communicate initial release and
replenishment status within cross-functional team
• Analyze and communicate size and
location-based selling, including sales/inventory comparisons, seasonality and
marketing impacts to affect store plans and allocations and recommend future
purchases
• Execute size, pre-pack, and split shipment
plans as part of purchase order process
• Able to build, develop and maintain effective
working relationships with planning and members of cross-functional teams
• Collaborate with peers to ensure consistency
and accuracy of information; share best practices and develop systems knowledge
• Able to manage workload and consistently meet
deliverable dates
• Demonstrate good
listening, written and oral communication skills; communicate effectively and
clearly, reflecting an appropriate sense of urgency
Requirements
• BA or equivalent
experience
• 1 year retail
allocation or planning experience preferred
• Ability to
understand financial measurements and how to impact them
• Strong problem
solving and analytical skills; strong aptitude with numbers
• Ability to
organize and prioritize workload to meet deadlines
• Excellent verbal
and written communication skills
• Ideal candidate
will have proficiency in Microsoft applications with strong emphasis in Excel
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