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Allocator

City: 
Country/Region:  US
Application Deadline:  11/30/2022

The Allocator’s primary purpose is to drive inventory availability and efficiency across O&O stores, e-store, and outlets through demand based precise allocation and replenishment.

 

This position will be based in New York City. 

 

Key Accountabilities:

  • Initial Newness Model Stocks
  • Ensure newness models are planned to optimize launch campaign and featured style and colors.
  • Ensure replenishment stock is secured to quickly respond to campaign trends
  • Ensure distortions to Top Stores and turn Bottom Stores faster
  • Optimize Campaign ST% based on life cycle ST% targets
  • Replenish Core Assortment
  • Become expert at controlling Aptos system parameters for store and product level sales curves, WOC targets, Mins & Max
  • Fully leverage Store Tiers to analyze stock turns based on sales volume
  • Fully leverage Store Tiers to analyze store inventory levels based on min and max capacities and future capacity
  • Sales curves by store monitored weekly to ensure roll ups to financials
  • Initial Set up of New store stock levels and hyper-care monitoring for replenishment
  • Set initial inventory targets at the store/sku level that meet financial expectations for all new store openings. 
  • Generate new store opening orders
  • Track orders and communicate with project team on expected shortages or delays
  • Set up new stores to receive replenishment orders out of Aptos
  • Manage Allocation to sell thru and stock availability targets
  • Analyze Store Tiers for Optimization
  • Ensure Online and Offline inventory balance is secured to achieve financial targets
  • Develop clear peak trading period LC/DC inventory plans 2 months prior to peak sales (by channel)
  • Ensure stock is balanced across LC/DC to optimize each channel’s peaks
  • Build inventories according to budgets and forecasts
  • Escalate any risks
  • Ensure Aptos System Replenishment module is fully implemented and utilized to optimize inventory

 

KPI’s:

  • Stable periods, Sales Curves, Min Max, and modeling
  • Escalate any inventory issues to Demand Planners, Planning Managers and Merchandisers proactively to secure sales upside (shortages) and mitigate downside risks (overages)
  • Key role in Weekly Trade Reviews, preparing reporting and communicating variances to targets and actions to address over inventories, shortages, aged stock positions
  • Sits on Global Allocation CoP Committee

 

Something About You:

  • Bachelor’s degree in Fashion Merchandising, Finance, Marketing, Business Administration
  • Years’ experience
  • Strong, seasoned, technical merchandise allocator or merchant planner within vertical retailing, omni experience
  • 3-5+ years of solid experience working within Merchandising and/or experience from retail, fashion, lifestyle or FMCG industry
  • Relentlessly commercial and fact based and analytical
  • Strong business acumen
  • Ability to collaborate cross-functionally & geographically
  • Strong analytical skills with the ability to manage large sets of data and present results in a simple manner
  • Able to develop and maintain strong working relationships with peers and cross-functional teams.
  • Flexible and adaptive to changing priorities.
  • Able to perform under pressure, organize and prioritize workload to meet deadline.
  • Escalates issues proactively
  • High level of proficiency with Microsoft Excel and strong aptitude to learn technical applications (like: MS Access, Hyperion and APTOS) quickly
  • Knowledge of planning software
  • Excellent written and verbal communication skills
  • Excellent presentation skills

 

Travel Required: Limited

 

NYC Salary Range: $73,600 - $92,000 (commensurate with experience)

 

About Pandora

Pandora designs, manufactures, and markets hand-finished jewelry made from high-quality materials at affordable prices. Pandora jewelry is sold in more than 100 countries through 6,800 points of sale, including more than 2,700 concept stores. 

 

Headquartered in Copenhagen, Denmark, Pandora employs 27,000 people worldwide and crafts its jewelry at two LEED certified facilities in Thailand using mainly recycled silver and gold. The company plans to be carbon neutral by 2025 and has joined the Science Based Targets initiative to reduce emissions across its full value chain. Pandora is listed on the Nasdaq Copenhagen stock exchange and generated a revenue of DKK 23.4 billion in 2021. 

 

At Pandora, we believe that creating an inclusive and diverse workplace and reflecting societal diversity in our customer engagement is essential to delivering on our company purpose: to give a voice to people’s loves. We dedicate ourselves to fostering, cultivating, and preserving a culture of inclusion and diversity where everyone feels respected and valued.