What are the responsibilities and job description for the Junior Allocation Analyst position at vineyard vines?
Junior Allocation Analyst (Outlet)
About Us:
vineyard vines is a highly successful, privately held, American clothing and accessory retailer founded in 1998 on Martha's Vineyard by brothers, Shep and Ian Murray. With Shep & Ian still at the helm today, vineyard vines has experienced exponential year over year growth and now operates over 120 retail locations locations including an outlet division, a successful e-commerce business, domestic distribution center, and expanding corporate headquarters. In addition, vineyard vines is carried in major department stores such as Nordstrom and Bloomingdales as well as numerous specialty boutiques across the US.
vineyard vines was founded on a state of mind that Every day should feel this good.
You don't need to be on a beach, by the ocean or on vacation to have Every day should feel this good moments. It's a state of mind that we all experience, and one where everyone is invited. At vineyard vines, we don't live an #EDSFTG life away from our desks - we bring it to work with us, too.
In our stores, at our Harbor Drive headquarters or working remotely, our company culture is fun, encouraging and welcoming to all. We work hard and play harder, and we never take ourselves too seriously. And while we have many company goals, our number one priority is making vineyard vines a great place to work for all employees.
Our team is our family, and we'd never have grown to where we are today without them.
We're committed to building an inclusive team across all channels, departments and stores within our community. We hope you'll join us and see what the smiling pink whale is all about.
Overview:
The Jr Allocation Analyst will report directly to the Store Planning & Allocation Manager, Outlet. Their primary responsibility will be managing inventory levels in our Outlet stores, identifying risks & opportunities in depth & assortment. They will be responsible for partnering with planning and merchandising to develop & execute allocation targets and strategies to support sales and inventory plans.
Key Responsibilities:
- Manage inventory from initial allocation through end of life cycle of merchandise, including replenishment and consolidation of goods to other stores or channels
- Analyze class size selling at the store level on a seasonal basis, in order to update size curves for the total buy,
- Analyze size curves at the store level, to ensure an optimal customer experience by sending stores the sizes they need for their demand, increasing conversion and sell through
- Forecast store inventory levels at the department, sub-department level, ensuring we are efficient and targeted with where we send our inventory
- Track and communicate delivery status to cross functional members with action plans
- Monitor Core inventory and share risk and opportunities during our monthly OTB process.
- Communicate to stores current out of stock items and inform them of inbound assortment
- Monitor store inventory levels and sales performance at the product level, in order to derive allocation and consolidation strategies that will drive higher sell through rates.
- Partner with Production to review and approve POs each season
What You Bring:
- 1-3 years related experience
- Bachelor’s degree in related field preferred
- Impeccable written and verbal communication skills
- Ability to organize and prioritize multiple projects
- Proficiency with Microsoft Excel and Word, Google Suite
- Ability to balance multiple competing priorities, maintain composure under pressure, while remaining flexible
- Ability to respond to change positively
- Capable of seeing larger picture and understanding how your role impacts the larger business
- Strong time management skills
- JDA Allocation experience preferred
Every-day Will Feel This Good Because:
- We have a fun-spirited entrepreneurial culture filled with truly “good” people
- We have flexible working hours and work from home days to accommodate your personal life
- We offer a generous employee discount so you can rep our lifestyle on-and-off the boat
- We offer a competitive salary package, 401-K, commuter benefits, and paid-family leave, health savings , flex spending accounts, life & disability insurance
- We have an onsite gym as well as health & financial wellness programs to keep you active
- We offer 2 summer Fridays to take off in addition to a competitive vacation policy & holiday calendar
