[Remote] Senior Allocation Analyst
Note: The job is a remote job and is open to candidates in USA. Torrid is committed to cultivating a welcoming and inclusive culture, and they are seeking a Senior Allocation Analyst. In this role, you will manage inventory levels and develop allocation strategies to optimize sales and profitability for assigned merchandise categories.
Responsibilities
- Collaborate with buyers and planners to develop and communicate a comprehensive assortment planning and allocation strategy that aligns financial and product goals by category or department
- Manage the “pre-receiving” review of styles to ensure allocations to the stores are in line with the assortment and allocation plan
- Support creation of clustering by class and/or product category for assortment planning and allocation purposes
- Analyze store attributes to understand specific market/store needs utilizing data to drive market segment purchases and allocations
- Review inventory levels and store rankings by department/sub-department/class and develop strategies to optimize inventory with new receipts and replenishment
- Perform in-season and post-season analysis to identify future opportunities
- Participate in decisions regarding minimum buys, packing guidelines and allocation maximums per item
- Build and manage New Store opening assortments based on sales and inventory targets
- Own the operational functions and execution of replenishment
- Collaborate with peers to ensure consistency of information, share best practices, and develop systems knowledge
- Develop and foster effective working relationships with members of cross-functional team
- Provide ad-hoc analysis and additional responsibilities as required
Skills
- 2+ years of experience in data analysis, reporting, and interpretation
- Technically proficient in Microsoft Office (Word, Excel, Outlook); experience with planning systems and BI tools preferred
- Ability to transfer data into actionable insights that support strategic initiatives and continuous improvement
Benefits
- Competitive compensation, 401k with company matching contribution, plus potential to earn company performance-based bonuses.
- Comprehensive wellness package including, medical, dental, vision, and Flexible Spending Account
- Generous 50% employee discount and access to employee-only sales.
- We pay you up to 32 hours annually for volunteering your time in the community.
- Tuition reimbursement program
- Employee Assistance Program (EAP) - Aimed at helping employees address a variety of personal and family issues including legal financial consultations, mental health services and more.
- Discounts on cell phones, and computer purchases, entertainment tickets and more.
- Pet insurance for your fur babies.
- Work and learn alongside industry-leading executives while making huge strides in impacting the lives of women.
- You’ll be challenged and grow. Opportunity for upward mobility is available at all levels of the organization.
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