Merchandising Allocator - temporary contract
If you have ever dreamed of being part of the world’s biggest jewelry company, this is your chance! Pandora is a multinational reality present in more than 80 countries and continues to strengthen its leadership position thanks to an expansion plan that provides for new openings every year, involving more than 1,600 Pandorians in Italy and over 32,000 worldwide.
About us: In 2023 in Italy we ranked 1st as Best Employer, Best Sign, Best Service in the jewellery sector and 5th as Best E-commerce.
Purpose of the role: driving inventory productivity and efficiency across O&O stores, e-store, and outlets through superior replenishment principles.
Key accountabilities:
• Initial Newness Model Stocks
o Ensure newness models are planned to optimize launch campaign and Trading Line Up Featured DV’s / Heros and Friends o Ensure replenishment stock is secured to quickly respond to campagn trends
o Ensure distortions to Top Stores and turn Bottom Stores faster
o Optimize Campaign ST% based on life cyle ST% targets (70-80%)
• Replenish Core Assortment
o Plan and oversee the inventory replenishment process.
o Gain full understanding of the business replenishment tools, ensuring allocation actions are aligned to weekly trading priorities. The continual review of allocation volumes to ensure they are aligned with plan and upcoming commercial activity.
o Fully leverage Store Tiers to analyze stock turns and store inventory based on sales volume
o Sales curves by store montiored weekly to esnure roll ups to financials
• Manage Wholesale orders to sell in targets set out in forecast, reconcile orders vs forecasts
• Ensure Online and Offline inventory balance is secured to achive financial targets
o Develop clear peak trading period LC/DC inventory plans 2 months prior to peak sales (by channel) o Ensure stock is balanced across LC/DC to optimze each channel’s peaks
o Build invenotories according to budgets and forecasts
• Ensure Aptos Replenishment module is fully implemented and utilized to optimize inventory KPI’s
o Stable periods, Sales Curves, Min Max, and modeling
• Key role in Weekly Trade Reviews communicating variances to WOC targets and actions to address over inventories, shortages, aged stock positions
• Sits on Global Allocation CoP Committee
Professional qualifications & technical skills:
• Bachelor’s or Master’s Degree
• Basic knowledge of merchandise allocator or merchant planner with international/global and omni vertical retail experience. With strong analytical skills and Excel knowledge
• internship/1 year of solid experience working within Merchandising and/or experience from retail, fashion, lifestyle or FMCG industry
• Good knowledge of English and Italian Language
Main benefits:
- Smart working: 2 days a week
- Launch Vaucher: 11,50 Euro per day
- Smart Friday: our week-end starts early on Friday afternoon