Allocation Analyst Job Description
Allocation Analyst Duties & Responsibilities
To write an effective allocation analyst job description, begin by listing detailed duties, responsibilities and expectations. We have included allocation analyst job description templates that you can modify and use.
Sample responsibilities for this position include:
Allocation Analyst Qualifications
Qualifications for a job description may include education, certification, and experience.
Licensing or Certifications for Allocation Analyst
List any licenses or certifications required by the position: CECRL, SQL, PL/SQL, B2, CPIM, APICS, ASCM, A2, A1
Education for Allocation Analyst
Typically a job would require a certain level of education.
Employers hiring for the allocation analyst job most commonly would prefer for their future employee to have a relevant degree such as Bachelor's and Collage Degree in Business, Education, Finance, Engineering, Economics, Statistics, Supply Chain Management, Accounting, Mathematics, Administration
Skills for Allocation Analyst
Desired skills for allocation analyst include:
Desired experience for allocation analyst includes:
Allocation Analyst Examples
Allocation Analyst Job Description
- Minimum of 2 years experience in retail allocation, store planning or related field
- Advanced working knowledge of MS Excel and PowerPoint
- Continuously analyze and manage department/class/sku inventory levels at both distribution and store levels
- Responsible for developing and executing allocation and replenishment strategies using Evant and Allocation to set the quantities to ship from vendor to DC, vendor direct, cross-dock, DC to store replenishment and allocation orders
- Assists with the development and execution of assortment and inventory strategies for the category for all channels, including key decisions surrounding parameters for Direct Channel reserve inventory and retail store inventory analysis
- Ensure product is allocated appropriately to support marketing initiatives
- Manage inventory including consolidations and replenishment out of the Distribution Centre
- Manage in a timely manner, repeat shipments from the Distribution Centre to stores
- Execute consolidations to maximize sell-thru
- Ensure RTVs are executed and monitored to ensure the process has been completed per timeline provided by the Merchant Team
- MMS, Arthur Allocation and/or E3 experience a plus
- Bachelor's degree or equivalent work experience in Finance, Accounting or related field required
- Support allocation, distribution, and communication process for ECM transactions
- Liaise between the team and various business units (incl
- Serve as contact to the team and Private Wealth Advisor teams to help manage the ECM portion of their business
- Analyze/model data for internal reporting and downstream processes
Allocation Analyst Job Description
- Assist with the implementation and management of store assortments through a strong partnership with the buying team, using store clusters (to include store size, climate, seasonality, capacity, ) to maximize full-price sell thru and turns
- Analyse sales, inventory and shipment details to develop action plans, also adjusting store profile, stock level parameters, size curve to ensure optimum inventory level by store
- Establish new and best practices for department activities, such as Allocation flow forecasts, Floorset status, and New Store activities
- As the key person to drive APAC allocation strategies, managing APAC initial allocation, replenishment, inventory level, store capacity analysis supporting any ad hoc events/ projects
- Prepare regular business report and support cross-regional and store transfers
- Support the Retail Businesses globally with its use of JDA Advanced Allocation
- Work closely with Merchants and Planners to collaborate and execute allocation strategies, understand Retail strategies, and ensure alignment with cross-functional partners
- Collaborate with peers to ensure consistency and accuracy of information, share best practices and maximize
- Lead monthly review of new product launches and ensure collaboration with sales/marketing to develop and manage inventory allocation strategies in support of major events product launch, promotions, new stores, relocations
- Drive initiatives for robust operational process improvements across the Value Chain
- Execute ad hoc requests in an efficient and timely manner
- Understanding of ECM and related past experience a plus
- Must be a results-oriented individual with strong numerical and mathematical skills
- Manage order tracking & Dealer inquiries
- Assist with Dealer trades
- JDA Advanced Allocation or similar Allocation tool preferred
Allocation Analyst Job Description
- Provide hindsight to planning and merchant partners through actionable reporting analysis on store cluster product performance
- Establish relationships with Merchant, Planning and Allocation, Field and Marketing teams to ensure proper store attributing
- Leads the development and execution of seasonal store reviews that take place across all of the regions
- Supports the Adopt-A-District exception management process covering the Retail and Outlet Channels
- Lead Monthly Fill Rate review for Allocation team
- Manage inventory including consolidations, replenishment and issues out of the Distribution Centre
- Analyze and determine hold quantities by style
- Review the hold items on a weekly basis to ensure the unit inventory report is accurate
- Maintain the inventory and cost allocation of market data
- Reconcile the data expenses against invoices
- Experience in Business Analysis a plus
- Solid understanding and use of Microsoft Office tools
- Proven ability to manage project tasks and timelines to successful completion
- Ability to effectively multi-task, prioritize and adapt in a fast-paced, dynamic business environment
- Works well across functional lines
- Possesses a clear understanding of financial measurements
Allocation Analyst Job Description
- Identify both short-term and long-term improvements within labor management
- Ensure the labor allocation accurately reflects the brand’s processes, service model, and payroll budget
- Update the Labor Model based on current workload demand and attributes
- Ensure weekly labor hours are generated and communicated accurately for all stores
- Work with HQ business partners to coordinate and manage weekly workload requirements for stores
- Coordinate, communicate, and track necessary hour adjustments
- Understand and identify growth opportunities or down-trending items/categories
- Assists more senior analysts and portfolio managers in conducting studies of specific asset classes or securities
- Develop quantitative decision-making models to identify potential investment trends
- Assist in the development of methods to optimize the investment portfolio based on market themes
- Bachelor’s degree (U.S. or equivalent) in quantitatively-related fields
- Proficiency is programming languages
- Experience in Retail back office merchandising and reporting applications/processes
- Prior merchandising application and process experience and knowledge of retail reporting/analytics
- A bachelor's degree, Computer Science, or Related Field
- Minimum 5 years of Information Technology related systems and/or IT
Allocation Analyst Job Description
- Responsible for "housekeeping" - deletion of all redundant Methods, Store views, variables, Worklist views
- At the direction of the portfolio managers, this individual will formulate and test different market hypotheses to aid in the decision making of the funds
- Recommend, to sales and merchandising, the go to market inventory allocation strategies in support of major events product launch, promotions, new stores, relocations
- Act as a liaison, and/or trouble shoot order management issues with Customer Operations Representatives, Marketing, GBU management, Supply Planning, Sourcing
- Monitor in season performance of fast and slow moving merchandise using “Fill in Hot” and “Fill in Cold” playbooks
- Assist in the development of new processes, systems and models
- Monitor weekly business execution to ensure excellence in allocation and replenishment
- Work closely with Merchandising, Planning, Logistics and Operation team to make sure timely and accurate New Collection Launch, Marketing activities and Markdown so as to secure company sales targets and brand image
- In partnership with countries, provide directions and drive the business to ensure maximisation of sales, inventory & stock turn
- Implements the creation, analysis, execution and communication of monthly floorset launches for specific geographical locations, in line with predefined Allocation strategies
- Focus on retail business operations is preferred
- Strong conceptual thinking essential
- Need to be able to express complex ideas in a clear way
- Highly proactive team-player with a desire to learn
- Knowledge of Island Pacific and/or SAP a plus
- At least 3-4 years of relevant work experience in allocation or inventory analysis in the retail industry