As an Allocation Analyst you are responsible for managing a set of assigned categories. Through the use of daily, weekly, monthly and annual reports, you will develop weekly allocation plans, assortment plans to build and maintain model stocks. Through partnership with management, you will ensure timely, effective allocations that support the needs of the stores and the business.
We have expanded our department to include roles such as finalizing product assortments for selected banners, mirroring traditional buying functions as well as providing marketing direction.
Duties and Responsibilities:
Develop weekly allocation plan on assigned categories that meet the needs of the stores and maintains optimal inventory levels and assortments:
Monitor and report on department performance and category performance using key performance indicators (KPIs)
Execute timely, accurate allocations that will keep stores modeled and replenished through use of reports and analysis
Regularly complete store visits, with written reports, to review and collect feedback on the effectiveness of the allocations as well as identify opportunities to enhance allocations
Maintain optimal inventory levels and assortment mix
Monitor stock to sales ratios and stock turns
Pull performing styles for weekly review
Report on weekly distributions, new styles, number of units distributed and receiving stores
Collaborate with buying teams to identify and prioritize key items
Work with the Visual and Marketing departments to highlight opportunities of “key” and “it” items and provide specific store allocation and model information
Fashion Business Post-Secondary Graduate Or High School Diploma With Equivalent Experience
Retail experience an asset
Proficient in Microsoft Excel
Related Work Skills
Must have a great sense of numbers, inventory control and organizational skills
Strong analytical and problem solving skills
Effective communication and time management
Must work well independently and in a team-oriented environment
Self-motivated, energetic and able to adapt quickly to change
Exercise good judgement
YM Inc. was founded on the strength of a single retail store in the heart of downtown Toronto in 1975, under the name Stitches. Today we are one of North America’s leading apparel retailers operating over 600 stores across Canada and the United States under the following banners: Stitches, Urban Planet, Urban Behavior, Sirens, Siblings, Urban Kids, Suzy Shier, Bluenotes, West 49, Mandee.