Allocator Job Description
Allocator
provides the planning organisation analysis and data points from retail stores and distribution centres regarding product inventory levels for the successful allocation of products.
Allocator Duties & Responsibilities
To write an effective allocator job description, begin by listing detailed duties, responsibilities and expectations. We have included allocator job description templates that you can modify and use.
Sample responsibilities for this position include:
Understanding of retail math, key performance indicators and elements that drive retail profitability
Collaborate with buying team on basic replenishment styles to meet in-stock targets
Work closely with both merchants and planners to develop an understanding of each classification’s financial and product strategy
Work closely with the Field Leadership team to develop an understanding of each store’s unit capacity, product opportunities, and assortment issues
Develop both short and long term merchandise distribution strategies to achieve sales objectives
Partner with the merchant and assortment planning teams to ensure distribution plans reflect visual presentation directives and store capacity levels
Develop new store opening assortment plans and inventory levels
Partner with planner and merchant to achieve zero out dates for all seasonal merchandise through markdowns, distribution or consolidation strategies when necessary
Participate in weekly meetings and communicating inventory issues to both buyer and planner
Determine store groupings for each season for the assortment plan distribution of goods to stores
Allocator Qualifications
Qualifications for a job description may include education, certification, and experience.
Licensing or Certifications for Allocator
List any licenses or certifications required by the position: APICS
Education for Allocator
Typically a job would require a certain level of education.
Employers hiring for the allocator job most commonly would prefer for their future employee to have a relevant degree such as Bachelor's and Collage Degree in Business, Finance, Education, Merchandising, Business/Administration, Mathematics, Economics, Fashion, Management, Fashion Merchandising
Skills for Allocator
Desired skills for allocator include:
Geographic and store-attribute performance and trends through data analysis and field communication
Retail math
Familiarity with Retail KPI’s
Apropos
Pivot tables and VLookups .Has strong sense of organization
Priority
Time management skills
Health & Safety in the workplace
Communicate appropriately
Forecasting math and performance metrics
Desired experience for allocator includes:
Understand and articulate the driving factors in forecast generation and how to impact them
Continuous alignment of analyst processes in regards to reporting, allocations, sizing, store to store transfer setup, and new store sku & unit planning setup
Maintain adminstrative duties within the allocation system
Must be a team player and have strong relationship building skills
Knowledge of retail/allocation systems
Advanced Excel skills, and a thorough understanding of macros, pivot tables, lookup formulas, formatting
Allocator Examples
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Allocator Job Description
Job Description Example
Our growing company is searching for experienced candidates for the position of allocator. If you are looking for an exciting place to work, please take a look at the list of qualifications below.
Responsibilities for allocator
- In partnership with the Manager of Allocation, drive specific L2 area of the business to ensure maximisation of sales, inventory & stock turn, at combination level
- Produce weekly analysis reports for specific L2, to identify potential out of stocks, size imbalances and areas of opportunity at combination level, and proactively react and communicate to relevant teams
- Produce weekly capacity reports to aid the identification of potential opportunities and risks, based on Visio plans and stock flow
- Implements specific geographical location weekly store feedback, to ensure store requests are potentialised where possible in line with HUB availability
- Implements the creation, analysis, execution and communication of monthly floorset launches for specific geographical location, in line with predefined Allocation strategy
- Implements the consolidation process for specific geographical location, to ensure all instructed product is removed form stores within the set time frame
- Implements & coordinate new store packages in line with the Merchant ranging, Visio plans and store delivery requests
- Develop and build strong relationships with key interfaces for L2 and geographical locations – Merchants, Planners, Operations, Logistics, Regional Directors and store managers
- Strive to educate key interfaces about the Allocation function and constantly look for opportunities to enhance current working practices
- Establish themselves as the key point of contact for specific L2 and geographical location
Qualifications for allocator
- Supports the Manager of Allocation with the achievements of the Allocation strategies
- Contributes to the establishment of an environment that promotes cross Allocation L2 communication and collaboration
- Actively promotes the Allocation function to the wider teams
- Allocate appropriate stock to stores by monitoring sales and set inventory target
- Monitoring sales and inventory held in store, and suggest the change of price for slow selling lines to Merchandising team to minimise the end of season carry over of stock
- Monitor Assortment creation done by Merchandising team and request the change accordingly to maximise efficiency of allocation
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Allocator Job Description
Job Description Example
Our company is hiring for an allocator. We appreciate you taking the time to review the list of qualifications and to apply for the position. If you don’t fill all of the qualifications, you may still be considered depending on your level of experience.
Responsibilities for allocator
- Update stock target of individual stores according to store requests
- Create and communicate all required reports
- Liaising with all internal customers and partners to establish needs
- File all relevant documentation
- Visit stores on a regular basis to understand site specific opportunities
- Perform in season replenishment to stores to maximize sales and inventory turn goals
- Collaborate with buyer during monthly allocation meetings to review allocation of new product
- Analyze and understand store size selling patterns in order to distribute product efficiently by size
- Develop and execute initial allocations and replenishment to existing stores and new store openings, based on sales trends, fixture capacity/presentations, and basic stock replenishment at the style/color size level
- Track allocations from the Distribution Centers to stores
Qualifications for allocator
- Patient, analytical, numerate and accurate with good attention to detail
- PC literate with some understanding of MS Systems including EXCEL
- Enjoys numerical tasks
- Self motivated, able to work independently and as part of a team using own initiative
- Good written and oral communication skills with the ability to build and maintain relationships at all levels of the business
- Provide mentorship to the team, serving as a point person for questions and to provide best practices
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Allocator Job Description
Job Description Example
Our growing company is hiring for an allocator. Thank you in advance for taking a look at the list of responsibilities and qualifications. We look forward to reviewing your resume.
Responsibilities for allocator
- Utilize JDA to produce store unit sales and stock plans by class based on historical performance and trend
- Manage purchase orders from initial allocation through end of life cycle of merchandise, including adjustment of replenishment levels to ship back stock to the appropriate stores, consolidation of older goods to top selling stores
- Directly responsible for ensuring the quality of product flow to a group of our customer's stores
- Act as an agent on behalf of the field sales staff to better understand each store's requirements, while working with the Customer Teams to meet the merchandise needs of our customers
- Develop a solid relationship with the field to better understand each store's specific product requirements
- Review orders on an exception basis from all product flow streams daily and modify as necessary
- Prepare and analyze weekly inventory reports and maintaining new store inventory reports
- Complete weekly and monthly sales analysis on key fabrications, sizes and classifications
- Write initial seasonal orders in accordance with established buy plans
- Replenish stores during the selling season in accordance with established buy plans
Qualifications for allocator
- Must have a Bachelor’s degree in an analytical field such as Finance, Mathematics
- Must have at least 3-4 years of relevant work experience in allocation or inventory analysis, preferably in the retail industry
- Intermediate Microsoft Excel skills required, including v-lookups and pivot tables
- Must have significant work experience in allocation or inventory analysis, preferably in the retail industry
- 1+ years of Allocation Experience
- Epicor Systems
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Allocator Job Description
Job Description Example
Our growing company is looking for an allocator. Please review the list of responsibilities and qualifications. While this is our ideal list, we will consider candidates that do not necessarily have all of the qualifications, but have sufficient experience and talent.
Responsibilities for allocator
- Make recommendations for improving existing tools and processes
- Meet or exceed sales, inventory and sell through goals
- Communicate with stores, DC’s, franchisees, and vendors to troubleshoot issues and respond to field concerns
- Monitor vendor fill rates and follow up where necessary
- Create weekly recap reports in support of senior management meetings
- Analyze weekly by location sales and inventory levels including evaluation of seasonal set ups, clearance levels and aged inventory
- Analyze store performance against Regional/District customer profiles, promotional events and seasonal opportunities
- Allocates merchandise daily/weekly at the sku/style level across all stores and channels to ensure stores are at optimal inventory levels and presentation standards are met to drive sales
- Manages flow of new and back stock merchandise through collaboration with buying team, planner and warehouse
- Set weekly allocation flow targets by category based on sales and receipt forecasts
Qualifications for allocator
- Able to deliver strong and thorough presentations, clearly identify business issues, strategies and decisions to Sr
- The ability to understand and use financial data, such as fractions, percentages, rations, gross margin, net sales, , to make decisions and influence outcomes
- The ability to think strategically, synthesize data, identify trends and recommend viable solutions
- Must possess allocation experience, be proficient in Excel, be detail oriented, and able to multi-task in a fast paced, dynamic environment
- Basic MS Access / data query tool skills
- Execute inventory transfers or stock balancing/consolidation between boutiques as needed and ensures execution
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Allocator Job Description
Job Description Example
Our growing company is looking for an allocator. Please review the list of responsibilities and qualifications. While this is our ideal list, we will consider candidates that do not necessarily have all of the qualifications, but have sufficient experience and talent.
Responsibilities for allocator
- Forecast weekly sales, inventory and receipt flow levels for key categories and/or basic items where applicable
- Review assortment with merchant team on a monthly basis coordinates visual “big picture”
- Perform Pre-and Post-Season analytics to uncover opportunities and risks that supplement Merchandise Planner class level and department forecast/plans
- Sets unit targets for new store target capacities for store openings
- Visits stores monthly to review in store presentation and set ups
- Perform size analysis where applicable to make suggestions for optimal pack size distribution
- Assist in the analysis to confirm future demand for each channel with future purchases on a monthly basis
- Be administrator of the systematic allocation tool to optimize demand calculations weekly to ensure proper seasonal factors/curves tuning of the forecast for best business results
- Use inputs from sizing team and historical performance to update / maintain allocation parameters to optimize store/door sell through
- Execute allocation strategies to optimize inventory—including new store assortments and replenishment
Qualifications for allocator
- Four or more years prior experience in merchandise planning , store planning or allocation
- JDA Allocations a plus
- Work in strong connection with the Key Account planner to develop strategy that support partner’s and LS&Co profitability
- Support the deployment of project with the partner that can improve allocation (ie cross-docking, data quality check)
- Minimum 2 years retail or apparel experience, preferably in allocation or planning
- Partnering with buying and planning team to ensure proper merchandise assortment by door