Merchandise Analyst (Allocation)
Job Description
Job Description
Description:
- Allocate inbound merchandise and DC inventory based upon sales performance, trends, lost sales opportunities, and specific merchant category strategies. Maintain inventory balance by store across the chain.
- Coordinate with buyer and planner to ensure stores have appropriate minimum quantities to both present the product correctly and support advertising.
- Ensure new stores are allocated the correct assortment and inventory levels to support the category sales plan and any unique store characteristics.
- Provide observations, conclusions and recommendations to the buyer, planner, and director, based on comparing actual results to the forecast, for the purpose of improving future allocation strategies.
- Achieve annual sales dollar and inventory turn targets for assigned product areas at chain level.
- Actively collaborate and communicate with the cross-functional team to meet goals, complete tasks and solve problems. Demonstrate strong analytical skills and the ability to recognize trends and prioritize workload.
- Support buyers and planners with any requested ad hoc analysis, with a focus on providing data-driven observations, conclusions and recommendations.
Qualifications:
- College degree, preferred.
- One to two years of retail, business analysis or business planning experience.
- Excellent communication skills, both oral and written.
- Strong analytical and evaluative skills, including the ability to prioritize, recognize trends and problem solve.
- System capable in spreadsheet, word processing, analytical and data warehouse tools.
- Capable of learning new processes and tools quickly.
- Capable of achieving business results through cross-functional team-work.
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