SNIPES Allocator (Merchandise Replenishment Analyst)
Bensalem, PA
Hybrid
We live sneakers, streetwear, and neighborhood culture! All Day! Every Day!
With more than 750 stores in Europe and the USA, SNIPES is one of the leading sneaker and streetwear retailers worldwide. Since opening its first store in Essen, Germany in 1998, SNIPES has been an integral part of street culture and is constantly growing thanks to its proximity to the community and regular openings worldwide.
At SNIPES, everything revolves around youth culture. In stores and online at snipes.com and snipesusa.com, our community finds a wide range of internationally renowned sneakers and apparel brands for the latest fits from head to toe. We dive deep into subcultures, sponsor some of the biggest hip-hop festivals, events, and sports teams throughout the world to stay close to our community and keep our deep roots in the global street culture community. Therefore, we work closely with key figures from the scene like DJ Khaled, our Chief Creative Officer. But whether it’s sponsorships or developing grassroots projects – we prioritize giving back to the community in everything we do.
SNIPES has always kept an ear to the streets to create a meaningful impact in the communities we serve. Through our community program “SNIPES serves” and its localized approach we support the needs of our communities, empower, and celebrate our dynamic culture.
Overview: The Allocator (Merchandise Replenishment Analyst) is responsible for managing inventory levels in stores with a focus on supporting trends and achieving sales goals. This role works in close partnership with both the Merchant & Planning/Allocation teams.
Responsibilities:
- Analyze store inventory at the style/size level, identify over and under performers and provide suggestions to improve
- Partner with Merchants & Planning team to identify and implement allocation strategies to achieve or exceed goals.
- Determine the best allocation strategy to distribute inventory to each store to maximize sales and margins; Execute the allocation for each item, multiple times/week.
- Produce weekly reports to support team and cross functional partners.
- Manages purchase orders from initial allocation through the end of life cycle of merchandise, including replenishment and consolidation of goods to other stores or channels.
- Work closely with field leaders and stores to understand location specific variables.
- Manages overall store inventory levels based on store capacity, seasonality and selling curves.
- Monitors performance of assigned classifications to ensure inventory levels, assortments and quantities are appropriate to achieve the company’s sales and profitability objectives.
- Recommend new store assortments and build out product plans to support openings.
- Weekly monitor classification/style performance and adjust allocation strategy to maximize sales opportunities and minimize markdown liability.
- Manage weekly/monthly replenishment forecasts to the DC/Store Ops teams to help with workflow planning.
- Ad hoc analysis to Planners and Buyers identifying opportunities and risks(e.g. lost sales); markdown recommendations; and future buy recommendations (e.g. buy quantities, assortment)
- Provide sizing analysis to support quarterly/at once buy process.
- Develops working relationship with the distribution centers to ensure continuous flow of product to stores. Acts as liaison between the merchant team and the distribution center.
- Seasonal re-balancing of inventory
- Recommending store volume groups
Qualifications:
- 1+ years’ experience in allocation principles, retail fundamentals
- Ability to create and analyze ad hoc reporting
- Proficient with allocation systems, data warehouse systems and Microsoft Excel. Blue Yonder a plus.
- Goal oriented with a positive and enthusiastic attitude
- Attention to detail, organized and through
- Ability to work on multiple projects and meet deadlines
- Able to build and work with cross functional teams productively
Cultural Success Factors
- Enthusiasm for the brand
- Consumer Obsessed
- Innovative Mindset
- Collaborative nature
- Skillful communicator
- Data-Driven Decision Making
- Adaptable and Flexible
- Disciplined and self-motivated
Benefits with SNIPES
- Generous Employee Discount
- Paid Holidays
- Summer Hours
- Hybrid work schedule
- PTO (Paid Time Off)
- Bonus Plan
- Affordable Health Insurance
- Retirement Contributions
Snipes USA and all its subsidiary Companies are equal opportunity employers. We will not discriminate or make hiring decisions based on race, religion, creed, color, national origin, sex, political affiliation, sexual orientation, or any other criteria that would violate any Federal or State laws.
