Assistant Allocator
- Employer
- Tory Burch
- Location
- Shanghai, China
- Closing date
- 13 May 2021
View more
- Function
- Merchandising & Planning
- Level
- Entry Level / Assistant
You need to sign in or create an account to save a job.
Job Details
JOB SUMMARY
The Planning and Allocation role at Tory Burch is responsible for analyzing the business by division and product category. Support sales and inventory strategies for Direct to Consumer Channels. To excel in the position this person must have excellent communication skills, strong retail math and analytical skills and enjoy working in a fast paced highly collaborative environment.
JOB DESCRIPTION
RESPONSIBILITIES
• Allocation - Full Price / Off Price Inventory Management - 40%
• Inventory Management - 20%
• Communication with Retail (Store Managers)- 15%
• Project Management - 5%
• Reporting and Analysis - 10%
• Learning and Development / Training Initiatives - 10%
Allocation - Full Price / Off Price Inventory Management
• Allocate products to stores based on assortment strategies
• Manage door level inventories and replenishment based on sales performance
• Manage and control inventory stock; ensure incoming product / monitoring stock level in warehouse / deliveries, product allocation and reallocation
• Analyze stock level and sales reporting
• Ensure buy quantities and stock level meet current sales trend and maximize the sales during key selling periods
• Manage the daily replenishment system
Inventory Management
• Manage open order reporting (delivery status report). Ensure that on-order and committed receipts are delivering on time to support forecasts and identify risks
• Review Store level inventory analysis to maximize sales opportunities
• Analyze door selling to support door profiling and order & allocation strategies
• Weekly / daily door level plans - Support KPI reporting by Door
• Work with cross functional teams and stores to create transfers and as needed to drive sales.
Communication with Other Functional Departments
• Check stores' request list and communicate with store managers on weekly basis
• Communicate with logistics team to ensure each inbound and outbound shipment is delivered on time. Point out any shipping issues that may affect business
• Work closely with buying & marketing & retail team for events support or any allocation needs according to the retail calendar
Project Management
• Prepare for special stock builds before key events, markdowns and holidays, like CNY, National Holidays
• Allocation for new opening stores
• Allocation for sales events
Reporting and Analysis
• Analyze store stock levels and present "action points" for the management of inventory and receipts.
• Create and maintain standard selling reports and hindsight analysis to support weekly business reviews
• Complete specific analysis to support buy process ie - Size level analysis
Learning & Development
• Participates in company activities, and helps to support and develop a team environment.
• Systems and process training
• Participate in JDA, Kingdee, Raymark and Microstrategy Training
EDUCATION & PRIOR EXPERIENCE NEEDED
• Bachelor's Degree
• Proficient in Microsoft Office
• College Grad or 2+ years' experience working in a planning, buying or merchandising function
Equal Employment Opportunity Statement
Tory Burch LLC is an Equal Employment Opportunity employer and provides equal opportunities to all employees and applicants without regard to an individual's age, race, creed, color, religion, national origin, sex (including pregnancy) or sexual orientation, gender expression, military status, marital status, genetic predisposition or carrier status, disability or membership in any other protected class under applicable law. Likewise, we will consider qualified applicants with criminal histories for employment in a manner consistent with the requirements of the Los Angeles Fair Chance Initiative for Hiring, Ordinance No. 184652. Pursuant to the San Francisco Fair Chance Ordinance, we will consider qualified applicants with arrest and conviction records for employment.
Disability Accommodation
Tory Burch is committed to providing reasonable accommodations to applicants and employees with disabilities. Please tell us if you require a reasonable accommodation to apply for a job or to perform your job. Examples of reasonable accommodation include making a change to the application process or work procedures, providing documents in an alternate format, using a sign language interpreter, or using specialized equipment. If you require assistance or an accommodation with the hiring process, please contact talent@toryburch.com .
The Planning and Allocation role at Tory Burch is responsible for analyzing the business by division and product category. Support sales and inventory strategies for Direct to Consumer Channels. To excel in the position this person must have excellent communication skills, strong retail math and analytical skills and enjoy working in a fast paced highly collaborative environment.
JOB DESCRIPTION
RESPONSIBILITIES
• Allocation - Full Price / Off Price Inventory Management - 40%
• Inventory Management - 20%
• Communication with Retail (Store Managers)- 15%
• Project Management - 5%
• Reporting and Analysis - 10%
• Learning and Development / Training Initiatives - 10%
Allocation - Full Price / Off Price Inventory Management
• Allocate products to stores based on assortment strategies
• Manage door level inventories and replenishment based on sales performance
• Manage and control inventory stock; ensure incoming product / monitoring stock level in warehouse / deliveries, product allocation and reallocation
• Analyze stock level and sales reporting
• Ensure buy quantities and stock level meet current sales trend and maximize the sales during key selling periods
• Manage the daily replenishment system
Inventory Management
• Manage open order reporting (delivery status report). Ensure that on-order and committed receipts are delivering on time to support forecasts and identify risks
• Review Store level inventory analysis to maximize sales opportunities
• Analyze door selling to support door profiling and order & allocation strategies
• Weekly / daily door level plans - Support KPI reporting by Door
• Work with cross functional teams and stores to create transfers and as needed to drive sales.
Communication with Other Functional Departments
• Check stores' request list and communicate with store managers on weekly basis
• Communicate with logistics team to ensure each inbound and outbound shipment is delivered on time. Point out any shipping issues that may affect business
• Work closely with buying & marketing & retail team for events support or any allocation needs according to the retail calendar
Project Management
• Prepare for special stock builds before key events, markdowns and holidays, like CNY, National Holidays
• Allocation for new opening stores
• Allocation for sales events
Reporting and Analysis
• Analyze store stock levels and present "action points" for the management of inventory and receipts.
• Create and maintain standard selling reports and hindsight analysis to support weekly business reviews
• Complete specific analysis to support buy process ie - Size level analysis
Learning & Development
• Participates in company activities, and helps to support and develop a team environment.
• Systems and process training
• Participate in JDA, Kingdee, Raymark and Microstrategy Training
EDUCATION & PRIOR EXPERIENCE NEEDED
• Bachelor's Degree
• Proficient in Microsoft Office
• College Grad or 2+ years' experience working in a planning, buying or merchandising function
Equal Employment Opportunity Statement
Tory Burch LLC is an Equal Employment Opportunity employer and provides equal opportunities to all employees and applicants without regard to an individual's age, race, creed, color, religion, national origin, sex (including pregnancy) or sexual orientation, gender expression, military status, marital status, genetic predisposition or carrier status, disability or membership in any other protected class under applicable law. Likewise, we will consider qualified applicants with criminal histories for employment in a manner consistent with the requirements of the Los Angeles Fair Chance Initiative for Hiring, Ordinance No. 184652. Pursuant to the San Francisco Fair Chance Ordinance, we will consider qualified applicants with arrest and conviction records for employment.
Disability Accommodation
Tory Burch is committed to providing reasonable accommodations to applicants and employees with disabilities. Please tell us if you require a reasonable accommodation to apply for a job or to perform your job. Examples of reasonable accommodation include making a change to the application process or work procedures, providing documents in an alternate format, using a sign language interpreter, or using specialized equipment. If you require assistance or an accommodation with the hiring process, please contact talent@toryburch.com .
Company
Learn more about this company
Visit this company’s hub to learn about their values, culture, and latest jobs.
Visit employer hub
You need to sign in or create an account to save a job.
Learn more about this company
Visit this company’s hub to learn about their values, culture, and latest jobs.
Visit employer hubGet job alerts
Create a job alert and receive personalised job recommendations straight to your inbox.
Create alert