Job Details

Allocations Specialist

Location:  New York, New York, United States
Category:  Mdse Planning
Job Opened:  August 3rd, 2022
Job Number:  R-101749
Job Type:  Regular
Remote:  No

job description

Saks OFF 5TH is the premier online luxury off-price destination. Through its website and app, Saks OFF 5TH provides a compelling assortment of brands to fashion-seeking customers at the best prices. The company is reimagining traditional off-price with a digitally-native model focused on customer experience.

What This Position Is All About:

The Allocation Specialist supports Omni-Channel sales through executing merchandise allocation strategies and store cluster vendor/class assortment recommendations. The Allocation Specialist will have deep understanding of JDA Allocation System in order to inform -need calc- refinement that supports business needs. The specialist will partner with the Director of Allocations in analyzing allocation performance in order to drive top line sales. You'll collaborate with the Merchandising team to gain deeper understanding of merchandise strategies in order to optimize allocations that support the business needs. The specialist will also partner with the Merchant teams to quantify min/max need by category at location/cluster.

Who Are You:

  • A natural problem-solver, who is also analytical and creative

  • You understand the value of being proactive and solution-oriented

  • You keep the customer at the center of all decisions

  • You have a can-do attitude and a team mindset

  • You have the ability to operate with ambiguity

  • You possess an entrepreneurial and curious spirit

  • You have the ability to present data and influence discussion with peers and members of cross-functional teams

You Also Have:

  • Bachelor's Degree or equivalent retail experience in merchandise planning

  • 1-3 years of experience in merchandise buying, planning or allocation

  • Fundamental understanding of supply chain operations and inventory management

  • Financial acumen

  • Proficiency in MS Office (Excel and Word)

As The (The Allocation Specialist), you will:

  •  Validate all allocations, support the merchandising strategy before sent to vendors

  • Responsible for effectively communicating business needs to India Allocators based on buying team intent

  •  Manage Supplier/Cluster Matrix by department for each season  

  • This role will analyze performance by location/cluster to optimize allocation results. 

  • Ensure allocations are in alignment with the Seasonal Calendar and execute allocations in JDA based on business need.

  • Evolve and Manage productivity file at department by category/supplier

  • Responsible for sell off inventory allocation     

Your Life and Career at Saks OFF 5TH:

  • Be part of an empowered, innovative team; work with an adventurous spirit and a customer-centric mindset; play a critical role in making decisions that will position us to win
  • Exposure to rewarding career advancement opportunities across different functions within our corporate offices, retail stores, photo studios, and distribution centers
  • A culture that promotes a flexible work environment 
  • Benefits package for all eligible full-time employees (including medical, dental and vision)
  • An amazing employee discount and other exciting perks

Thank you for your interest with Saks OFF 5TH. We look forward to reviewing your application.

We believe that our differences not only make us stronger, but also guide our evolution and future growth. All associates are expected to create an inclusive environment free from harassment, discrimination, and bullying.Together, we celebrate, advocate for, and learn from our colleagues, customers and communities to create the best environment to shop and work for all.