Allocator

5 months ago

London, United Kingdom Michael Kors Full time

Michael Kors is always interested in hearing from talented, globally-minded individuals with a passion for fashion.

If you enjoy working in a creative, fast-paced environment, then we would love to hear from you
- Job Description
- Michael Kors is always interested in hearing from talented, globally minded individuals who enjoy working in a creative environment, then #korscareers would love to hear from you- We have an exciting opportunity for an Allocator in our London office.- Department Overview:
- Michael Kors is looking for an Allocator who will be responsible for the distribution of multiple product categories for a global retail business with the objective of meeting financial and merchandising goals. The Allocator will help to identify opportunities at a store level and communicate them to the team in order to drive business. Duties include replenishment to stores, management of warehouse inventory, and planning of stock packages for new season product launches. The allocators partner with buying and planning teams to ensure proper merchandise assortment by door and that the product arrives in the DC and stores at the optimum time. Strong analytical skills, creative problem solving skills and ability to thrive in an entrepreneurial environment are a must.- What You’ll Do:
- Manage inventory from initial allocation through end of life cycle of merchandise, including replenishment and consolidation of goods to other stores or channels.
- Manage overall store inventory levels based on store capacity, attributes, seasonality and selling curves. Monitor flow of initial assortments as well as reorders to stores by classification, delivery/group and by style whenever necessary.
- Identify and communicate sales opportunities and stock liabilities by door on a regular basis.
- Ensure that buy quantities and stock levels meet current sales trends and maximize readiness for key selling time periods.
- Manage basic stock replenishment programs. Ensure strong stock position by door on core, seasonal basics and item programs. Partner with the Buying team to maximize sales and profit by monitoring sales and stock penetrations on key programs as well as clearance and aging by door.
- Take ownership of warehouse inventory and aged inventory by door. Be aware and highlight any shipping issues that may affect business.
- Communicate and champion needs of the stores. Partner with Planner to recap business at by door level.
- Establish strong relationships with buying/planning team and stores in order to better understand merchandising strategies and needs of the business.
- Initiate and develop actionable analysis to recap business by classification and subclass at a store level in order to partner with planning and buying team to determine store attributes and create strategies to drive sales and achieve gross margin profitability by door.
- Recommend changes and/or enhancements to the current procedures and systems for the allocation and replenishment functions.
- You’ll Need to Have:
- Good Microsoft knowledge including Excel and PowerPoint
- Strong numerical, analytical and creative problem solving skills
- Previous experience in the same field within Fashion Retail is preferable
- Strong communication and collaborative skills
- We’d Love to See:
- Behaviours are important to help us deliver our purpose, and our goal is to ensure behaviours are present in everything we do - Trust and Support, Inspire and Empower, Innovate and Collaborate- MK Perks:
- Our purpose is to make all employees and customers #FeelGreat with Michael Kors. When you join our business, we want you to feel like a valued member of the team from Day 1. To make your journey enriching with us, we offer
- Multi-brand Discount
- Exclusive Employee Sales
- Paid Parental Leave
- Generous Holiday Schedule and Vacation Days
- Internal mobility across Capri Brands (Michael Kors, Jimmy Choo, Versace)
- Hybrid working (3 days a week in the office)
- Flexible working hours
- Thrive Wellness Program
- LifeWorks Employee Assistance Program
- #FeelGreat program that include the following pillars: Connected Communities/Inspired Innovation/ Responsible Future/Meaningful Experiences
- Pension Contribution
- Season Loan Tickets
- Enhanced Maternity and Paternity Pay
- Private Health and Dental
- Gym Discounts

At Capri, we are all responsible for creating a diverse and inclusive workplace. We try to inspire change and growth within each other and believe success is a result that comes from our differences. Capri is proud to be an equal opportunity employer committed to inclusivity regardless of age, sex, sexual orientation, gender identity, genetic characteristics, race, color, creed, religion, ethnicity, national origin, alienage, citizenship, disability, marital status, military status, pregnancy, or any other legally-recognized protected basis prohibited by applicable law. M/D/F/V

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