Manage inventory from initial allocation through the end of the 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 regularly. Ensure that buy quantities and stock levels meet current sales trends and maximise 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 maximise sales and profit by monitoring sales and stock penetrations on key programs as well as clearance and ageing by door.
Take ownership of warehouse inventory and aged inventory by door. Be aware of and highlight any shipping issues that may affect business.
Communicate and champion the needs of the stores. Partner with the Planner to recap business at the door level.
Establish strong relationships with the buying/planning team and stores to better understand merchandising strategies and the needs of the business.
Initiate and develop actionable analysis to recap business by classification and subclass at a store level 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.
Strong numerical, analytical and creative problem-solving skills
Ability to thrive in an entrepreneurial environment
Previous experience in the same field within Fashion Retail is preferable
Passion for fashion
Continuous improvement
International mindset
Time management skills
Results-driven mindset
Strong work ethic
Positive attitude to change
MK Perks;
From your very first day with us, we want you to feel welcomed, supported, and truly part of the team. To help make your experience rewarding, we offer a range of benefits designed to enrich your journey.
Cross-Brand Discounts & Private Employee Sales - Enjoy exclusive savings across all Capri brands.
Paid Parental Leave - Take meaningful time off to bond with your growing family.
Generous Holiday and Vacation Allowance - Recharge with paid time off throughout the year.
Internal Mobility Across Capri Brands - Explore new career paths within the broader Capri network.
Hybrid Working Model - Collaborate in-office just three days a week for optimal flexibility.
LifeWorks Employee Assistance Program - Confidential support for mental, emotional, and financial well-being.
Pension Contributions - Build your future with company-backed retirement support.
Enhanced Maternity and Paternity Pay - Recei
Requirements
We're looking for someone with the following experience and skills - but these aren't set in stone. If you bring something extra to the table, we'd love to hear from you!
Benefits
Paid time offEquity / stock optionsParental leave
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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"I FEEL really LUCKY to be SURROUNDED by SUCH a GREAT TEAM. I'm not only GRATEFUL that they've HELPED me ACHIEVE my GOALS, but also that I CAN GIVE them a PLACE WHERE THEY can ACHIEVE theirs."
- MICHAEL KORS -
We have an exciting opportunity for an Allocator based in our London office.
Department overview:
Michael Kors is looking for Allocators 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 the ability to thrive in an entrepreneurial environment are a must.
Michael Kors (capri) · London, UK