CosmoProf Beauty · 3 months ago
ALLOCATION ANALYST
Plano, TX, United States
Full-time
Hybrid
Entry Level
1+ years expCosmoProf Beauty is a company that values diversity and self-expression, fostering innovation and growth. They are seeking an Allocation Analyst responsible for developing allocation strategies, managing inventory, and collaborating with buyers to optimize product distribution and sales performance.
Retail
Responsibilities
Responsible for cross divisional allocation 'push' strategies and process. Product/seasonal merchandise for 'push' includes: promo goods, holiday product, POG changes, New Items, New/remodel stores – as well as reserve management (ecom). Additional responsibilities include Localization: Store clustering, ethnic / demographic allocation distortions. Forecasting at the sku level through PO creation and follow up. The Allocation analyst reviews and adjusts system forecasts based on daily review of product movement including seasonality, industry and market trends, and probability of anticipated sales
Develop push allocation execution strategy, aligning ST% expectations with financial goals. Create and manage allocation forecasts through PO creation using JDA systems and tools. Recognize and reconcile forecast exceptions. Track actuals against forecast. Manage new and conversion store forecasts. Follow up on POs from Vendor through DC and to store to ensure proper flow
Work with Buyers/SBUs on strategies to drive the allocation/push business. Work strategically with suppliers, supply chain, ecom and store partners to translate vendor commitments, supply chain capacity, stores stock levels, and marketing into plans that achieve the sales, GM and unit turnover expectation. Work with SBUs/ecom team to set up and maintain ecom reserves where applicable
Generate and analyze forecast performance reports. Identify store similarities and cluster stores based on analysis. Determine causal factors impacting forecasts and act: weather, moving seasons, etc. Manage new, increased footprint, decreased footprint, and end of life / profitability forecasts
Qualification
Required
College degree (BA or BS)
1-3 years' experience with planning at a retail or wholesale company – merchandise planning and allocation, demand planning, production planning
1-2 years planning and executing projects involving multiple groups across an organization
Solid understanding of seasonal/fashion inventory management practices and procedures
Strong mathematical and statistical knowledge
Solid Excel experience
Capability to multitask in a fast paced environment
Excellent written and verbal communication skills that helps influence and shape future business decisions
Highly analytical with a sense of business curiosity
Excellent analytical skills and ability to plan, forecast, and exercise sound judgment
Strong communication skills
Ability to work with multiple projects/teams simultaneously
Spreadsheet, database, and word processing software (Microsoft Office)
Preferred
Experience with retail buying or logistics preferred
JDA experience would be a plus
Benefits
Medical
Dental
Vision
Life Insurance
Paid vacation and sick days
Paid holidays
Tuition reimbursement
401(k) with company match
Complementary services
Great merchandise discount
Company
CosmoProf Beauty
CosmoProf, a Sally Beauty Holdings company, is proud to be a community of professionals who care about our customers.
5001-10000 employees
Funding
Current Stage
Late StageLeadership Team
Andrew Black
Talent Acquisition Business Partner/Recruiter
Casey Crenshaw
Education Business Partner
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