Hugo Boss Looking for SENIOR MERCHANDISE ALLOCATOR at New York, New York Full Time

The Senior Merchandise Allocator is responsible for distribution and in-season management of Men’s Accessories for U.S. and CA stores. This includes initial allocation and replenishment flow of inventory for the appropriate balance of sales & inventory levels through end of life cycle. Understands the relationship of merchandise assortment planning and allocation needed to meet target financial plans and profitability. Collaborates with Management for information needed for execution. 

What you can expect:

Responsibilities include, but not limited to the following:

• Distributes merchandise to stores at style | color | size | fit | price level based on business trends, reporting analysis and management objectives.
• Prepare, recommend and communicate weekly product performance from BIS merchandise selling reports to understand any shifts in business and react accordingly.  Presents key findings to management.
• Re-allocates product as necessary based on shifting business trends related to business objectives.
• Creates and maintains weekly reports on allocation status, open order tracking by collection seasonally.
• Understands full product life cycle for timely execution of initial delivery, replenishment and liquidation strategies.
• Monitor sales and update management on replenishment strategy for all seasonal, and key item programs.
• Monitor exceptions on merchandise inventory stock levels and recommends necessary adjustments.
• Communicates directly with stores regarding consumer needs, special orders, and stock inquiries.
• Suggest, recommends and executes product category markdowns, store-to-store transfers, and merchandise consolidations based on sales performance.  
• Conduct in depth style, color, size, fit and price level selling analysis regularly for optimum product performance.
• Collaborate with various resources to conduct daily responsibilities (i.e. Buyers, Planners, Wholesale, Distribution Center and Retail Store Managers).

System Technology:

• Utilizes SAP Merchandising Systems: BIS Reporting, Initial Allocation and Markdown Promotion Tools
• Utilizes SAP | AFS for merchandise inquiry management

Your profile:

QUALIFICATIONS:

• Bachelors Degree in Business | Merchandising or 1-3 years retail experience.
• Strong proficiency in Excel & PC operation
• Adapts to shifts in business environment
• Fashion, Product & Trend Awareness
• Oral and written communication
• Detail oriented
• Self-motivated

Your benefits:

HUGO BOSS offers a comprehensive benefits package which includes:

• 401(k) with company match
• Medical, Dental, Vision Benefits
• Voluntary benefits and critical Illness
• Company sponsored life and disability benefits
• Discounts for auto/home/pet insurance
• Commuter benefit program
• Employee Discount Program
• 21 paid days off (pro-rated based on first year of employment) plus your birthday off
• Flexible Fridays