Allocator

Overview

The Allocator role at Tory Burch is responsible for allocating and/or transferring merchandise to stores based on assortment strategies and according to warehouse and store inventory levels, in support of the overall sales goals of the Direct to Consumer (DTC) business. A strong understanding of the business by location and product category, ongoing communication with the store and buying teams and the ability to analyze and manage inventory in the context of the continual ebb and flow of the business are critical. This role requires excellent communication skills, strong Microsoft Excel, retail math and analytical skills and someone who enjoys working in a fast paced, highly collaborative environment. For an eager, curious, high performer this role provides a great foundation and an entry-point into a Planning, Buying or Merchandising role with the company.

Responsibilities

Allocation & Store Inventory Management –60%
Reporting and Analysis – 30%
Ongoing Learning/Training – 10%

 

Allocation

 

Allocate products to stores based on assortment strategies
Manage door level inventories and replenishment based on sales performance
Manage and control inventory stock; ensure incoming product / monitoring stock level in warehouse / deliveries, product allocation and reallocation
Analyze stock level and sales reporting

 

Inventory Management


Manage open order reporting. Ensure that on-order and committed receipts are delivering on time to support forecasts. Identify risks.
Review Store level inventory analysis to maximize sales opportunities
Analyze door selling to support door profiling and order & allocation strategies
Weekly / daily door level plans – Support KPI reporting by door
 Work with cross-functional team and stores to create transfers and as needed to drive sales


Reporting and Analysis


Analyze store stock levels and present “action points” for the management of inventory and receipts
Create and maintain standard selling reports and hindsight analysis to support weekly business reviews
Complete specific analysis to support buy process (i.e. size level analysis)

 

Ongoing Learning/Training

 

Participates in company activities; helps to support and develop a team environment
Keep current on relevant systems and process training (including JDA and Microstrategy)

Qualifications

  • Bachelor’s Degree
  • Proficient in Microsoft Office with advanced capability with Excel
  • 1+ years’ experience working in a planning, buying or merchandising function preferred

 

Desired Attributes

 

  • Detail Oriented
  • Strong organizational skills 
  • Excellent communication skills
  • Strong Analytical and Business acumen
  • Brand and client/business partner focused
  • Collaborative 
  • Adaptable
  • Resilient/able to roll with ebbs & flows in workload to be responsive to business needs


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