Allocator - Theory : Job Details

At Theory, we create clothes that matter that empower and improve the way we live through exceptional fit, fabric, and style. In 1997, Theory was founded in New York on the simple idea that stretch fabrics in tailored clothing could change how we dress and live. Two decades later, we continue to perfect our offering of elevated wardrobe essentials for the ambitious, urban man and woman. From sourcing materials from the best mills in the world to the innovation and craftsmanship at our atelier in New York's Meatpacking District, the integrity of our process is just as important as our final product.

In 2004, Theory was acquired by Fast Retailing, spurring the international expansion of the brand. Operating 440 stores worldwide today, Theory is a New York brand with a global mindset. Our customers dream big, achieve goals, and aim for perfection. So do we, and so do our clothes.

The Allocator maximizes the potential of the Theory business at the store, style, and size level. This role will be primarily responsible for strategic management of merchandise, inventory optimization, and actionable reporting and analysis. The Allocator will collaborate with the greater Planning and Global Merchandising team, and report into the Director of Planning.

Responsibilities:

• Oversee weekly reorders, store inventory movement, and monthly initial allocations
• Allocate merchandise at style/color/size level based on strategy, current trend and historical data
• Work on execution of inter-store transfers and returns to warehouse
• Prepare and analyze weekly selling and inventory reports to understand any shifts in business and communicate to management
• Create and maintain weekly allocation, shipping reports and track all open orders
• Coordinate with warehouse team, store teams, and visual merchandising team to create seamless product flow
• Monitor sales and update management on replenishment strategy for all key items, programs, and classifications
• Project monthly orders from warehouse to stores (including ecommerce)
• Monitor inventory levels in warehouse and stores, update management on inventory position, and suggest actions plans to maximize efficiency and sales
• Prepare and analyze monthly inventory projections

Qualifications:

• 2+years of experience in Inventory, Allocation, or Planning
• Bachelors Degree in Finance, Business, Merchandising or related field
• High level of experience and proficiency in Excel
• Excellent problem solving and analytical skills
• Mathematical proficiency with strong business and financial acumen
• Superior written and verbal communication skills to effectively communicate across all levels of management
• Strong sense of teamwork to coordinate with many cross-functional partners
• High degree of accountability and attention to detail
• Ability to flex across shifting priorities
• Strong sense of urgency and accuracy

Salary: $60,000-$70,000

*The offered salary or salary range is based on several factors, including, but not limited to, overall experience, relevant experience, education level, certifications, applicable skills and expertise, and location of the position.

Our Employer Commitment

As an Equal Opportunity Employer, Fast Retailing does not discriminate against applicants or employees because of race, color, creed, religion, sex, national origin, veteran status, disability, age, citizenship, marital or domestic/civil partnership status, sexual orientation, gender identity or expression or because of any other status or condition protected by applicable federal, state or local law.

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