Global Retail Allocation Specialist

3 weeks ago

Montreal, Quebec, Canada MICHAEL KORS Full time

About the Role:

Michael Kors is seeking a highly skilled Allocator to join our team. As an Allocator, you will be responsible for the merchandise allocation of all product categories for a global retail business with the objective of meeting financial and merchandising goals.

Key Responsibilities:

  • Manage purchase orders from initial allocation through end of life cycle of merchandise, including replenishment and consolidation of goods to other stores or channels.
  • Manage overall store inventory levels based on store capacity, attributes, seasonality and selling curves. Monitor flow of initial assortments as well as reorders to stores by classification, delivery/group and by style whenever necessary.
  • Identify and communicate sales opportunities and stock liabilities by door on a regular basis. Ensure that buy quantities and stock levels meet current sales trends and maximize readiness for key selling time periods.
  • Ensure strong stock position by door on core, seasonal basics and item programs. Partner with the Buying team to maximize sales and profit by monitoring sales and stock penetrations on key programs as well as clearance and aging by door.
  • Manage basic stock replenishment programs.
  • Take ownership of warehouse inventory and aged inventory by door. Be aware and highlight any shipping issues that may affect business.
  • Partner with Planner to recap business at by door level and create best seller/hindsight reports on a weekly, monthly and quarterly basis to allow for a thorough analysis of the business. Communicate and champion needs of the stores.
  • Establish strong relationships with buying/planning team and stores in order to better understand merchandising strategies and needs of the business. Visit stores at least once a month with the team
  • Initiate and develop actionable analysis to recap business by classification and subclass at a store level in order to partner with planning and buying team to determine store attributes and create strategies to drive sales and achieve gross margin profitability by door.
  • Recommend changes and/or enhancements to the current procedures and systems for the allocation and replenishment functions.

Requirements:

  • Minimum Bachelor's Degree
  • 1-2 Years of Allocation or Planning Experience
  • Computer Literacy – Intermediate Excel Skills

We're Looking for Someone Who:

  • Is a numbers person who enjoys exposure to product
  • Has strong analytical and creative problem-solving skills
  • Can thrive in an entrepreneurial environment

What We Offer:

  • Cross-Brand Discount
  • Clothing allotment
  • Competitive paid time off
  • Internal mobility across Versace, Jimmy Choo and Michael Kors
  • Exclusive Employee Sales

About Us:

At Michael Kors, we are committed to creating a diverse and inclusive workplace. We strive to inspire change and growth within each other and believe success is a result that comes from our differences. We are proud to be an equal opportunity employer committed to inclusivity regardless of age, sex, sexual orientation, gender identity, genetic characteristics, race, color, creed, religion, ethnicity, national origin, alienage, citizenship, disability, marital status, military status, pregnancy, or any other legally-recognized protected basis prohibited by applicable law.

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