Allocation Manager

Are you a highly organized and detail-oriented individual with a passion for retail and inventory management? Do you thrive in a fast-paced and dynamic environment? J.Crew is seeking a driven Allocation Manager to join our team and help us optimize our product allocation and inventory flow. As an Allocation Manager, you will play a critical role in ensuring that our stores have the right merchandise at the right time, ultimately driving sales and profitability. If you have a strong analytical mindset, excellent communication skills, and a proven track record in inventory management, we want to hear from you! Join us at J.Crew and be a part of our mission to inspire and empower our customers through our timeless and quality fashion.

1. Develop and implement effective inventory allocation strategies in alignment with company goals and objectives.
2. Monitor inventory levels and sales trends to make timely and accurate allocation decisions.
3. Collaborate with cross-functional teams to forecast and plan product needs for each store location.
4. Analyze sales data and product performance to identify opportunities for improvement and make data-driven recommendations.
5. Communicate allocation plans and strategies to store teams and provide support to ensure successful execution.
6. Review and adjust allocation plans based on real-time sales and inventory data to optimize product availability and minimize overstock.
7. Conduct regular store visits to gather feedback and insights on product performance and inventory needs.
8. Work closely with merchandising and buying teams to ensure proper product assortment and inventory levels.
9. Train and mentor junior allocation team members to ensure consistent and efficient allocation processes.
10. Monitor and manage inventory flow to ensure timely replenishment and minimize stockouts.
11. Identify and resolve inventory discrepancies and issues in a timely manner.
12. Stay updated on industry trends and best practices in inventory management to continuously improve processes.
13. Adhere to company policies and procedures related to inventory management and allocation.
14. Maintain a positive and collaborative working relationship with internal and external stakeholders.
15. Contribute to the achievement of sales and profitability targets through effective inventory management and allocation.

According to JobzMall, the average salary range for a Allocation Manager in New York, NY, USA is $72,000 - $124,000 per year. This salary range can vary depending on factors such as experience, education, industry, and company size. Some Allocation Managers may also receive bonuses and other benefits in addition to their base salary.

J.Crew Group, Inc., is an American multi-brand, multi-channel, specialty retailer. The company offers an assortment of women's, men's, and children's apparel and accessories, including swimwear, outerwear, lounge-wear, bags, sweaters, denim, dresses, suiting, jewelry, and shoes. As of August 2016, it operated more than 450 retail stores throughout the United States. The company conducts its business through retail, factory, crew cuts, Made well stores, catalogs, and online.