Posted:6 days ago|
Platform:
On-site
Full Time
Inviting applications for the role of Management Trainee- Business Analyst/ Allocation Analyst
The Allocation Analyst is primarily responsible for creating purchase orders and allocating inventory to Clubs to maximize sales and inventory investment. This is accomplished by managing inventory flow across our Club, Distribution, and Ecommerce networks to minimize expense. This position works within a Merchandise Category team, including Merchant, Merchant Assistant, and Planner. It leverages expertise and guidance from the Planning & Allocation Manager as well as from the Allocation Lead position.
Responsibilities
Review daily Club inventory levels and sales forecasts within assigned Merchandise Categories to ensure Clubs are allocated the right amount of inventory to maintain targeted in stock goals to enhance the Member experience.
Manage New Club Launch by monitoring and tracking the POs and allocating the inventory to the Club at the right time to ensure the in-stock during Club opening.
Monitor and resolve DC, Club and Vendor queries related to PO and Allocation to minimize inventory risk at the Club and improve DC and Club Operations.
Analyze and Allocate right inventory to the Clubs based on the sales demand and seasonality to maintain In-stock level.
Monitor vendor performance to ensure that purchase orders are fulfilled completely and delivered on time. Demonstrate proficiency in SAP & E3 (specifically maintaining demand, forecasting, and replenishment system parameters) to allocate inventory and achieve KPI target goals efficiently.
Monitor KPI performance of Club in stock, Sales Plan, Inventory Turn improvement, Monthly Inventory Plans, and Margin plan to ensure assigned Merchandise Categories are on target.
Escalate to the management team when vendor performance issues are impacting KPI performance.
Collaborate with other departments: Work closely with buyers, merchandisers, and logistics teams to ensure smooth inventory flow and align strategies with overall sales and marketing goals.
Manage supplier relationships: Build and maintain strong relationships with suppliers to ensure timely deliveries and resolve any inventory-related issues.
Qualifications we seek in you!
Minimum Qualifications
Bachelors degree required
Relevant years of inventory management experience
Results-driven and able to work in a fast-paced environment
Expert command of retail math concepts, applications, and analysis
Intermediate Excel skills must be proficient in formulas, V-lookups, and Pivot Tables
Outlook management
Detail-oriented, with excellent follow-through and problem-solving skills
Able to organize and prioritize workload to meet deadlines
Strong analytical, verbal, and written communication skills
Flexible and adaptive to changing priorities
Understands financial metrics inclusive of sales, margin, inventory turn, weeks of supply
Preferred Qualifications/ Skills
MBA in Supply Chain Operations
Certification in Supply Chain, Inventory Management, Supply Chain Management etc.
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