Sr. Allocator, SPW
About the position Our vision is to establish HUGO BOSS as the leading premium tech-driven fashion platform worldwide and to be one of the top 100 global brands. At HUGO BOSS, we work as a team to apply our knowledge, skills and experience together and create a diversity of ideas and solutions. What unites us? We love fashion, we change fashion! At HUGO BOSS, you have the opportunity to contribute your personality, ideas and creativity — because only when we break new ground together can we create something unique. Become part of our team of more than 17.000 employees worldwide and shape your future at HUGO BOSS! The Senior Merchandise Allocator is responsible for distribution and in-season management of Men’s Clothing for U.S. and CA stores. This includes initial allocation and replenishment flow of inventory for the appropriate balance of sales & inventory levels through end-of-life cycle. Understands the relationship of merchandise assortment planning and allocation needed to meet target financial plans and profitability. Collaborates with Management for information needed for execution.
Responsibilities
- Distributes merchandise to stores at style | color | size | fit | price level based on business trends, reporting analysis and management objectives
- Prepare, recommend, and communicate weekly product performance from BIS merchandise selling reports to understand any shifts in business and react accordingly. Presents key findings to management
- Re-allocates product as necessary based on shifting business trends related to business objectives
- Creates and maintains weekly reports on allocation status, open order tracking by collection seasonally
- Understands full product life cycle for timely execution of initial delivery, replenishment, and liquidation strategies
- Monitor sales and update management on replenishment strategy for all seasonal, and key item programs
- Monitor exceptions on merchandise inventory stock levels and recommends necessary adjustments
- Communicates directly with stores regarding consumer needs, special orders, and stock inquiries
- Suggest, recommends, and executes product category markdowns, store-to-store transfers, and merchandise consolidations based on sales performance
- Conduct in depth style, color, size, fit, and price level selling analysis regularly for optimum product performance
- Collaborate with various resources to conduct daily responsibilities (i.e. Buyers, Planners, Wholesale, Distribution Center, and Retail Store Managers)
- Utilizes SAP Merchandising Systems: BIS Reporting, Initial Allocation, Replenishment, Order tracking
- Utilizes SAP | AFS for merchandise inquiry management
Requirements
- Bachelor’s Degree or equivalent
- 4+ years of retail and/or merchandising experience
- 2+ years retail allocation experience
- Highly organized and self-motivated
- Strong communication skills, with the ability to multitask in a fast-paced environment
- Strong proficiency in Allocation systems, Excel e.g., advanced formulas and report building
- Adapts to shifts in business environment
- Fashion, Product & Trend Awareness
- Strategic and conceptual thinking
- Ability to collaborate cross-functionally
- Detail-oriented
- Entrepreneurial Spirit
- Team Player
Benefits
- Hybrid Working Model
- Flexible Commuting
- Flexible Fridays & Summer Fridays
- Paid Parental Leave for FT employees
- 21 paid days off (pro-rated based on first year of employment) plus your Birthday off
- Generous Employee Discount Program
- Medical, Dental, Vision Benefits with Health Saving Account (HSA) option
- SHIP (Share Investment Program)
- Offers eligible employees the opportunity to become a co-owner and acquire shares in HUGO BOSS AG at special SHIP conditions.
- 401(K) with company match
- Flex Spending Account (FSA)
- Commuter Benefits (Pre-tax)
- Voluntary Benefits and Critical Illness
- Company sponsored Life and Disability benefits
- Employee Assistance Program (EAP)
- Discounts for auto/home/pet insurance
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