Allocator

Posted 10 Days Ago
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London, Greater London, England
Entry level
Fashion • Retail • Wearables
The Role
Michael Kors is seeking an Allocator to manage the distribution of products for their retail business, ensuring financial and merchandising goals are met. Responsibilities include inventory management, communication with buying/planning teams, and identifying sales opportunities. Strong analytical and problem-solving skills are essential, along with a passion for fashion and strong communication abilities.
Summary Generated by Built In

Michael Kors is always interested in hearing from talented, globally-minded individuals with a passion for fashion.

If you enjoy working in a creative, fast-paced environment, then we would love to hear from you!

Job Title: Allocator

Location: London

Division: European Retail Corporate, Planning

I feel really lucky to be surrounded by such a great team. I’m not only grateful that they’ve helped me achieve my goals but also that I can give them a place where they can achieve theirs.

- MICHAEL KORS -

We have an exciting opportunity for an Allocator

Department overview:

Michael Kors is looking for Allocators who will be responsible for the distribution of multiple product categories for a global retail business with the objective of meeting financial and merchandising goals. The Allocator will help to identify opportunities at a store level and communicate them to the team in order to drive business. Duties include replenishment to stores, management of warehouse inventory, and planning of stock packages for new season product launches. The allocators partner with buying and planning teams to ensure proper merchandise assortment by door and that the product arrives in the DC and stores at the optimum time. Strong analytical skills, creative problem solving skills and ability to thrive in an entrepreneurial environment are a must.

Who You Are:

You are hands-on, detailed-oriented, collaborative, and passionate about product. You understand that when it comes to stores, the details matter. You have outstanding communication skills, can effectively liaise with colleagues and other teams, and thrive in a rapidly changing environment. You are highly organized, keen-learner and self-motivated, able to work well to deadlines and perform multiple tasks effectively and concurrently.

What You’ll Do:

· Manage inventory from initial allocation through end of life cycle of merchandise, including replenishment and consolidation of goods to other stores or channels.

· Manage overall store inventory levels based on store capacity, attributes, seasonality and selling curves. Monitor flow of initial assortments as well as reorders to stores by classification, delivery/group and by style whenever necessary.

· Identify and communicate sales opportunities and stock liabilities by door on a regular basis. Ensure that buy quantities and stock levels meet current sales trends and maximize readiness for key selling time periods.

· Manage basic stock replenishment programs. Ensure strong stock position by door on core, seasonal basics and item programs. Partner with the Buying team to maximize sales and profit by monitoring sales and stock penetrations on key programs as well as clearance and aging by door.

· Take ownership of warehouse inventory and aged inventory by door. Be aware and highlight any shipping issues that may affect business.

· Communicate and champion needs of the stores. Partner with Planner to recap business at by door level.

· Establish strong relationships with buying/planning team and stores in order to better understand merchandising strategies and needs of the business.

· Initiate and develop actionable analysis to recap business by classification and subclass at a store level in order to partner with planning and buying team to determine store attributes and create strategies to drive sales and achieve gross margin profitability by door.

· Recommend changes and/or enhancements to the current procedures and systems for the allocation and replenishment functions.

You’ll Need to Have:

· Degree level education

· Computer Literate – Advanced Excel Skills required

· Strong numerical, analytical and creative problem solving skills

· Ability to thrive in entrepreneurial environment

· Previous experience in the same field within Fashion Retail is preferable

· Passion for fashion

We’d Love to See:

· Continuous improvement

· International mindset

· Time management skills

· Results-driven mindset

· Strong work ethic

· Positive attitude to change

We are an Equal Opportunity Employer M/D/F/V

At Capri, we are all responsible for creating a diverse and inclusive workplace. We try to inspire change and growth within each other and believe success is a result that comes from our differences. Capri is proud to be an equal opportunity employer committed to inclusivity regardless of age, sex, sexual orientation, gender identity, genetic characteristics, race, color, creed, religion, ethnicity, national origin, alienage, citizenship, disability, marital status, military status, pregnancy, or any other legally-recognized protected basis prohibited by applicable law. M/D/F/V

Top Skills

Analytical Skills
Communication
Excel
Fashion Retail
Inventory Management
Merchandising Strategies
Problem Solving
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The Company
HQ: New York,, New York
8,508 Employees
On-site Workplace
Year Founded: 1981

What We Do

Michael Kors is a world-renowned, award-winning designer of luxury accessories and ready-to-wear. His namesake company, established in 1981, currently produces a range of products under Michael Kors Collection, MICHAEL Michael Kors, and Michael Kors Mens, including accessories, ready-to-wear, footwear, wearable technology, watches, jewelry, and a full line of fragrance products. Michael Kors stores are operated in the most prestigious cities in the world, including New York, Los Angeles, Chicago, London, Milan, Paris, Munich, Dubai, Seoul, Tokyo, Hong Kong, Shanghai, and Rio de Janeiro. In addition, Michael Kors operates digital flagships across North America, Europe, and Asia, offering customers a seamless omnichannel experience.

At the center of it all, is a designer who has created an enduring and iconic luxury lifestyle empire with a distinctive point of view and global reach. Michael Kors has a sharp focus on providing his customers with accessories and clothes that are consistently polished, chic, relaxed, and glamorous. Kors has also been the recipient of numerous industry awards and accolades within the fashion industry, been honored for his philanthropy, and earned the respect and affection of millions.

The fashion designer also focuses on giving back. For more than 25 years he has been a passionate supporter of God’s Love We Deliver, a New York-based non-profit organization that cooks and delivers nutritious meals to people living with serious illnesses in and around New York City. Continuing his philanthropic efforts, in 2013 Michael Kors launched “Watch Hunger Stop,” partnering with the United Nations World Food Programme (WFP) to help fight world hunger. Proceeds from annual special-edition products, as well as from other targeted initiatives, help provide food to children through WFP’s school meals program. To date, Michael Kors has helped WFP deliver over twenty five million meals (and counting) to hungry children.

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