Northbrook, Illinois, USA
14 days ago
Allocation Analyst

We inspire purpose-filled living that brings beauty and quality to the modern home. Together, we achieve. Associates across our business drive results, innovate, and inspire. Drawn together by our shared values and passion for our customers and our brands, we deliver home furnishings that are expertly designed, responsibly sourced, and bring timeless style and function to people’s homes. From the day we opened our first store in Chicago in 1962 to the digital innovations that engage millions of customers today, our iconic brand is over 60 years in the making—and our story is still unfolding.

We’re here for it. We think you should be too. We’re looking for a driven professional with an inclusive mindset to join our team as an Allocation Analyst.

Manages regional and store allocation of merchandise for specific product categories. Partners with Inventory Planner and Store Planner to allocate inventory that aligns with the company strategies or current business trends.  Accountable for instock service level KPIs at the channel and location level. 

Primary Responsibilities:

Partner with Manager, Allocation to achieve sales, margin, and turnover goals while maintaining in-stock service levels by channel and location. Analyze product flow and sales trends by region to accurately forecast future product needs.Analyzes regional Distribution Center inventory levels and effectively manage and balance inventory by region and channel. Collaborate with the Inventory Planner and Manager, Allocation to identify and react to business needs to drive sales and profitabilityIdentify and escalate opportunities at the dept, class or sku level to the Inventory Planner Analyze and manage the distribution of seasonal and end of life core products to maximize sales and profitability.Track and release new product based on off-managed/floor-set calendarAssist in maintaining accurate ETA’s of PO’s  Participate in ongoing training for self and others regarding technology upgrades and new systems or processesRepresent Merchandising as a stakeholder for company projects and initiatives that impact inventory management Escalate findings in allocation that impact new season set up, communicating forecasting and coding issues that will impact store inventory levels

Knowledge, Skills, and Abilities: 

Aptitude for spreadsheet and planning toolsUnderstanding of the annual and seasonal buying plans, distribution needs and requirements, and goals of the Merchandising team.Good communication skills; work consistency and accuracyStrong attention to detailExperience building effective relationships and communicating cross functionallyAbility to learn new software to support the launch of new inventory allocation or Supply Chain management systems. 

Experience Required: 

Bachelor’s degree or equivalent experience preferredRetail experience preferredExperience with excel and inventory allocation preferred

Minimum Starting Rate: $23.08 Hourly

Up to: $28.85 Hourly

Pay ranges will be adjusted upward as needed to comply with applicable state and local law. In addition to your salary, based on your role, associates may be eligible for other compensation including bonuses, sales incentives, and long term incentives.
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