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.
Company Overview
Torrid is inspired by and designed specifically to fit the young, stylish woman who wears sizes 12 to 28. It was founded in 2001, and is headquartered in City Of Industry, California, USA, with a workforce of 5001-10000 employees. Its website is http://www.torrid.com/.