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Assistant Merchandising Allocator
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Company Description
At Ralph Lauren, we unite and inspire the communities within our company as well as those in which we serve by amplifying voices and perspectives to create a culture of belonging, ensuring inclusion, and fairness for all. We foster a culture of inclusion through: Talent, Education & Communication, Employee Groups and Celebration.
Position Overview
Essential Duties & Responsibilities
Responsibilities
1. Allocation and Replenishment
· Execute the initial release of each season’s product within multiple systems
· Execute and manage Replenishment for Fashion, Key items and Basics
· Monitors all Basic replenishment orders to ensure target fill rate is reached and future inbound orders support the demand
2. Analysis
· Business analysis, such as KPI’s, by source and by division performance.
· Pre-season & in-season Heritage inventory analysis and initiate cross border transfer if necessary
· Develop and communicate allocation strategies based location and size selling performance
· Analyze store and size trends and performance. Apply observations to future distribution planning strategies.
· Promotion, markdown, best buy styles performance
· Work for pre-season style and fixture minimums and maximums to Buying and Brand Presentation
3. Order Management
· Release to Pick, shippable styles, based on priority and or, special instructions.
· Track product through DC and partner with appropriate DC liaison to ensure processing efficiencies, address DC processing issues in a timely manner.
Experience, Skills & Knowledge
Requirements:
· Bachelor’s degree holder
· Intermediate to advanced Excel skills (high levels of accuracy & detail-orientation)
· Minimum 1 year experience in allocation with a good working knowledge of retail performances metrics
· Excellent analytical and problem-solving skills
· Good listening, written, and oral communication skills
· Proven capability to organize and prioritize / manage multiple tasks simultaneously