Allocator

Responsibilities

• Manage purchase orders 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.
• 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.
• Manage basic stock replenishment programs.
• Take ownership of warehouse inventory and aged inventory by door. Be aware and highlight any shipping issues that may affect business.
• Partner with Planner to recap business at by door level and create best seller/hindsight reports on a weekly, monthly and quarterly basis to allow for a thorough analysis of the business. Communicate and champion needs of the stores.
• Establish strong relationships with buying/planning team and stores in order to better understand merchandising strategies and needs of the business. Visit stores at least once a month with the team
• 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:
• Minimum Bachelor's Degree
• Preferred interest in Finance, Accounting, and/or Supply Chain
• 0-1 Years of Planning or Allocation Experience
• Computer Literate - Advanced Excel Skills
• Ability to work in NYC office 3 days a week
• We'd Love to See:
• You're a numbers person who enjoys exposure to product
• Strong analytical and creative problem-solving skills
• Ability to thrive in an entrepreneurial environment
• MK Perks:
• Generous Paid Time Off & Holiday Calendar
• Summer Fridays
• Internal Mobility Across Brands
• Cross-brand Discount
• Exclusive Employee Sales
• Fav 5 Cards (MK Discount for friends and family)
• 401k Match
• Paid Parental Leave
• Thrive Wellness Program
• Commuter Benefits
• Gym Discounts
• -
• At Capri Holdings Limited, we are committed to providing a fair and accessible recruitment process. If you require a reasonable accommodation for the interview or application process, please contact our Talent Acquisition team at CapriTalentAcquisition@CapriHoldings.com.
• In compliance with certain Pay Transparency laws, employers are required to disclose a salary range. The salary for this position will vary based on role requirements, skill set and years of experience.
• Compensation Range:
• 0.00 - 0.00 USD

Benefits

Additional Information

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! -

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