Mgr Allocation Job in New York 10001, New York US
As one of the world's leading premium lifestyle brands, Tommy Hilfiger delivers superior styling, quality and value to consumers worldwide. The brand celebrates the essence of Classic American Cool and provides a refreshing twist to the preppy fashion genre. Since its debut in 1985, the Tommy Hilfiger Group has become a US$ 4.6 billion apparel and retail company by offering consumers a breadth of beautifully designed, high quality products including men's, women's and children's apparel, sportswear, denim, and a range of licensed products such as accessories, fragrances and home furnishings.
Under the leadership of Founder Tommy Hilfiger and Chief Executive Officer Fred Gehring, the brand can be found in leading department and specialty stores, as well as in its own expanding network of freestanding retail stores, worldwide. When PVH Corp. (NYSE:PVH) (then known as Phillips-Van Heusen Corporation) acquired the Company in May 2010, Gehring also assumed the role of CEO of PVH's international operations, while Hilfiger remains the Company's Principal Designer and provides leadership and direction for all aspects of the design process.
Tommy Hilfiger today has become a global brand with strong recognition and a distribution network in over 90 countries and more than 1,000 retail stores throughout North America, Europe, Central and South America and Asia Pacific.
Basic Function:
- The Allocation Manager leads a team of 3-4 Allocators who are directly responsible for the allocation of merchandise.
- Utilizes the JDA / Arthur Allocation system to create and maintain store sales and stock plans by class. Allocates merchandise to the stores based on store sales, receipt and inventory plans and manage store inventory levels to maximize sales, gross margin and inventory turn.
- This position also provides quantitative analysis to support the business needs and to direct future purchases.
Duties and Responsibilities:
- Builds relationships with the field organization through weekly conversations and updates regarding allocation strategies / product availability.
- To meet and exceed sales, gross margin, and inventory goals for areas of responsibility.
- Forecasts inventory flow projections.
- Monitors and approves product flow to the stores via initial inventory releases as well as consistent replenishment to stores.
- Drives division size optimization through size analysis and pre-pack recommendations.
- Proactively implements strategies based on knowledge of geographic and store attribute performance.
- Reviews regional opportunities, reviews best seller items weekly.
- Partners with cross functional peers to communicate allocation strategies that support planned merchandising and financial objectives.
- Partners with Director to balance workload and priorities.
- Mentors and develops direct reports as well as creates a strategic, proactive, collaborative team environment.
- Prioritizes and manages department/divisions workload.
- Monitors timelines for execution of merchandising plans.
- Monitors shipping timelines and communicates with production, design and merchandising to find solutions to logistical and operational issues which impact inventory levels.
- Volume of $400 million with 200+ Stores across US and Canada.
- Excellent communication and people skills
- Bachelors degree
- 4-7 Years allocation/merchandising/planning experience preferably in a vertical retail environment
- Strong retail math and proficiency in Excel is a must
- Previous experience with JDA / Arthur Allocation system is a plus
- Be a strategic, pro-active decision maker
- Results driven with strong business acumen
- Strong written and oral communication skills
- Detail oriented and ability to multi-task
- Strong logical, analytical, and problem solving skills
- Partners effectively and professionally with others
- Mobilizes teammates to achieve department goals
- Organizes and prioritizes workload of team members
- Willingness to develop expert knowledge of the merchandise
- Ability to work as part of a team
It is the policy of PVH to ensure equal employment opportunities to all qualified persons without regard to race, gender, religion, age, national origin, citizenship status, disability, qualified veteran status, marital status, or sexual orientation.
