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Retail Brand Alliance, Inc Allocator, Business Planning in New York, New York

Allocator, Business Planning

Job#:504387

Positions:1

Posted:04/24/2019

Job Type:Full Time

Location:New York, NY (Corporate Office)

Department:Merchandising

Category:Planning & Allocation

Salary:Salary

Benefits:Full Benefits

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Job Description

As the country’s oldest clothing retailer, Brooks Brothers is proud to uphold the same traditions and values for nearly two centuries. We believe these are the reasons why our customers consider us to be far more than a store. Brooks Brothers has been an American icon since 1818. In 1915 our present ten-story flagship store opened at 346 Madison Avenue near New York’s most prominent social organizations, including the Harvard and Yale Clubs and the New York Yacht Club. Almost 100 years later we continue to dress ladies and gentleman of all generations and cultivate long term relationships with our loyal clients. Our stores represent our respect for our heritage and vision to be the premiere lifestyle destination. We continually strive to make this a great place to work with a strong emphasis on career development and associate satisfaction. We are consistently devoted to championing both our people and the Brooks Brothers Brand.The diversity of our operations has recently created an opportunity for a Business Planning Allocator located at our Madison Ave. offices. As an Allocator, working within the Store Merchandise Planning team, you will be responsible for the product allocation strategies that generate high sales, profit and inventory turnover. The Planning team is accountable for the development, coordination, and review of the product assortment by door as well as the financial planning, allocation, inventory and price management of each product category.Accountabilities:

  • Drives the execution of product allocation, inventory management and price optimization in conjunction with the Planning Manager

  • Identifies opportunities and executes strategies to increase sales, margin, and turn to meet or exceed plan

  • Identifies price optimization strategies to maximize product sell through and Margin performance

  • Analyzes store performance in season, monitors demand, and adjusts forecasts to establish inventory levels that drive sales and maximize profitability

  • Conduct location analysis by region, climate and volume group to identify sales opportunities; react with appropriate allocation or pricing recommendations and actions to drive sales and margin

  • Adjust location assortments (both breadth and depth) based on store performance results and Planning Manager input

  • Develop analysis to understand all significant variances to plan and develop action plan to get store on plan

  • Regularly manage through complex and detailed data

Skills/Requirements

Preferred Experience:

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

  • Bachelors degree (preferably in Merchandising, Business, Finance)

  • Advanced business knowledge of retail , merchandising and price optimization concepts

  • Readily grasps numerical concepts and interprets financial information accurately

  • Ability to utilize retail math skills to analyze and drive business

  • Proficient on PC based Retail applications such as JDA Allocation and Planning preferred

  • Advanced excel skills necessary

Brooks Brothers is proud to offer our Associates competitive compensation, a fulfilling work environment, unique and special benefits and a wide range of opportunities for personal and professional development.We invite you to submit your cover letter and resume for immediate consideration.

Best Regards,The Talent Acquisition Team of Brooks BrothersIt is the policy of Brooks Brothers to ensure equal employment opportunities to all qualified persons without regard to race, gender, religion, age, national origin, citizenship status, disability, qualified veteran status, marital status, sexual orientation or other protected class status.

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