Allocation Manager

Hot Topic HQ - City of Industry, California - Full-time

Description

Do you love numbers and being Analytical? We are looking for an Omni-Channel Allocation Analyst to join our team! In this role, you will lead a team of Allocation Analysts and partner with the Planners and Buyers to develop allocation plans and optimizes the financial results for the assigned merchandise categories.

WHAT YOU'LL DO

  • Manages and develops allocation strategies that address business changes and objectives; ensures allocation analysts understand strategies and execution impact and react accordingly.
  • Interprets impact on allocation execution and revisits the strategies with the planning and buying team as changes occur in trends and company objectives. 
  • Ensures that analysts have a deep understanding of allocation system variables and demonstrate the appropriate use within our allocation system; recommends changes based on specific allocation needs; stays current with changes to Arthur allocation and be able to advocate and validate reasons for upgrades.
  • Reviews all assortment plans by category for both initial buys and reorders to support financial objectives and store needs; ensures the appropriate depth/breath of styles by volume group; may support regional buying strategy.
  • Manages the monthly review of allocation strategy to ensure partnership among planning, allocation, and buying teams; ensure strategy supports company objectives while minimizing sales risk and markdown exposure by location.
  • Reviews over/under stores on a weekly basis with the Analyst to evaluate their allocation strategies to address inventory imbalances.
  • Initiates analysis of business trend, including regional, category, and size selling.  Train analyst to perform analysis.
  • Leads the team to build on relationships and solicit feedback from the field through effective communication. 
  • Manages and supports the development of Analyst; create an environment that supports and rewards strong performance and professional growth.
  • Establishes cross-functional relationships to promote best practices and process adherence; fosters teamwork. 

WHAT YOU'LL NEED

  • Associates or Bachelor’s Degree or equivalent work experience, some business administration coursework desired.
  • At least 2 - 3 years of progressive experience as an Allocation Analyst and 1 – 2 years of management experience with proven leadership abilities
  • Strong analytical and quantitative skills; computer proficient with Microsoft applications, and Merchandise Planning systems)
  • Illustrates a dedication to meeting requirements of internal and external customers, responding to all customer requests promptly and thoroughly.
  • Strong communication skills including ability to work in a team environment give honest, direct feedback and is a solid verbal and written communicator. 
  • Is accountable for results, approaches obstacles proactively and looks for ways to resolve problems and issues


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