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Merchandise Allocator - Greenville, United States - Southern Tide
Description
Merchandise Allocator page is loaded **Merchandise Allocator**
**Merchandise Allocator**
locationsGreenville, SC - Southern Tide Headquarters time typeFull time posted onPosted 7 Days Ago job requisition idR24923 Southern Tide, LLCGreenville, SC - Southern Tide Headquarters*At Southern Tide, our mission is to share our love for the coastal lifestyle through premium products, experiences, and service.*
******About the role:******
The Merchandise Allocator at Southern Tide supports the Direct-to-Consumer Buyer in meeting business objectives. The role primarily assists the Buyer in managing inventory across distribution channels, ensuring the right amount of product is in the right place at the right time to maximize sales, profitability, and customer satisfaction. The Allocator also partners with cross-functional teams to build and distribute product assortments that support the brand vision in stores and online, driving growth in DTC business.
**Crew Position:**
Understand the overall concept of Southern Tide, including the lifestyle, customer, merchandise, and positioning in the marketplace to drive company sales.
Create, update, and maintain direct to consumer purchasing and promotional related documents (e.g., planning/allocation tools, purchase orders, custom product requests, RAs, transfers, markdowns, POS promo codes, etc.) using various systems.
Prepare and distribute key weekly/seasonal reports, analyzing and interpreting retail selling information for each channel of business.
Analyze sales to stock performance by class, category, and style to maximize in-stock positions, providing product inventory and promotional recommendations as needed.
Manage basic stock replenishment program for the direct channel and generate weekly replenishment allocations from the distribution center based on sales and inventory analysis.
Maximize sales and inventory turn by generating and maintaining adequate inventory levels based on sales trends by location, regional seasonality, store capacities, minimum presentations for key items/programs, selling curves, product lifecycles, promotional cadence and brand initiatives.
Optimize inventory and capitalize on demand by identifying opportunities to transfer inventory between channels, from store to store or to ATS for wholesale.
Build opening assortments for new stores. Monitor receipts being held for new stores to ensure planned inventory levels are being met.
Recommend changes and/or enhancements to the current procedures and systems for the allocation and replenishment functions.
Develop solid understanding of the open to buy process.
Participate in the planning process by influencing the Buyer on assortment decisions by providing historical data and analysis, new store modeling criteria, assisting with volume projections, and acting as the store level expert regarding product needs and opportunities for growth through inventory.
Maintains open lines of communication with store management to meet individual store inventory needs and assist in the handling of any inventory management issues/projects at the store level.
Assist in coordination and execution of seasonal product presentations and ad hoc projects as needed.
What all hands on deck looks like...
Executes with a high level of accuracy and attention to detail
Proactive and solution-oriented with excellent problem-solving skills and strong sense of curiosity
Organizes and expresses ideas clearly, concisely, and accurately, both verbally and in writing
Successful in multitasking, prioritizing, and staying organized while maintaining an adaptive attitude
Champion for the brand; genuine passion for fashion, current trends, competition, and the market
Know the ropes...
Bachelors Degree in Merchandising, Business, or related field
Generally, 2+ years in retail buying or fashion merchandising
Proficiency in retail math and analytics: comfortable handling and manipulating large data sets
Strong fundamentals in Microsoft Office and advanced Microsoft Excel skills required (i.e., pivot tables, v-lookups, and macros) with ability to build reports and work with limited systems resources
Experience in planning or inventory control a plus
Southern Tide is an Equal Opportunity Employer and all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability status, protected veteran status, or any other characteristics protected by law.
Southern Tide participates in E-Verify. Details in . Right to Work Statement in .
Founded in 2006, **Southern Tide** is a Greenville, S.C.-based lifestyle apparel brand that boasts exceptional craftsmanship and classic design. Innovative, yet timeless in its youthful style, Southern Tide offers an array of apparel and accessory products for men, women, and kids that deliver their authentic lifestyle through quality, experience, and service. Southern Tide is available for purchase in Southern Tides company owned stores, Southern Tide Signature Stores and online at Products can also be found in more than 850 specialty retailers, and premium department stores across the United States. Southern Tide is a wholly-owned subsidiary of Oxford Industries (NYSE: OXM).