Allocation Specialist Jobs

Saks OFF 5TH is the premier luxury off-price destination. In its more than 100 stores in the U.S. and Canada, and online, at SaksOFF5TH.com, the company provides the best names in fashion at an incredible value through its merchandise authority, unparalleled brand access and seamless connection between ecommerce and stores.

What This Position Is All About:

The Allocation Specialist supports Omni-Channel sales through executing merchandise allocation strategies and store cluster vendor/class assortment recommendations. The Allocation Specialist will have deep understanding of JDA Allocation System in order to inform refinement that supports business needs. The specialist will partner with the Director of Allocations in analyzing allocation performance in order to drive top line sales. You'll collaborate with the Merchandising team to gain deeper understanding of merchandise strategies in order to optimize allocations that support the business needs. The specialist will also partner with the Merchant teams to quantify min/max need by category at location/cluster.

The pay range for this position at commencement of employment is expected to be between $60,000 and $70,000/year; however, base pay offered may vary depending on multiple individualized factors, including market location, job-related knowledge, skills, and experience. The total compensation package for this position may also include other elements, including a full range of medical, financial, and/or other benefits (including 401(k) eligibility and various paid time off benefits), dependent on the position offered. Details of participation in these benefit plans will be provided if a candidate receives an offer of employment.

Who Are You:

• A natural problem-solver, who is also analytical and creative

• You understand the value of being proactive and solution-oriented

• You keep the customer at the center of all decisions

• You have a can-do attitude and a team mindset

• You have the ability to operate with ambiguity

• You possess an entrepreneurial and curious spirit

• You have the ability to present data and influence discussion with peers and members of cross-functional teams

You Also Have:

• Bachelor's Degree or equivalent retail experience in merchandise planning

• Experience in buying, planning or allocation

• Fundamental understanding of supply chain operations and inventory management

• Financial acumen

• Proficiency in MS Office (Excel and Word)

As The Allocations Specialist, you will:

• Builds out seasonal size scales by department based on business needs

• Evolve and Manage productivity file at department by category/supplier

• Responsible for effectively communicating business needs to India Allocators based on buying team intent

• Manage Supplier/Cluster Matrix by department for each season

• This role will analyze performance by location/cluster to optimize allocation results.

• Ensure allocations are in alignment with the Seasonal Calendar and effectively execute Sell Off Allocation in JDA.

• Responsible for sell off inventory allocation

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Your Life and Career at Saks OFF 5TH:

• An amazing employee discount and other exciting perks
• Benefits package for all eligible full-time employees (including medical, dental and vision)
• A culture that promotes a flexible work environment
• Exposure to rewarding career advancement opportunities across different functions within our corporate offices, retail stores, photo studios, and distribution centers
• Be part of an empowered, innovative team; work with an adventurous spirit and a customer-centric mindset; play a critical role in making decisions that will position us to win

Thank you for your interest with Saks OFF 5TH. We look forward to reviewing your application.

We believe that our differences not only make us stronger, but also guide our evolution and future growth. All associates are expected to create an inclusive environment free from harassment, discrimination, and bullying.Together, we celebrate, advocate for, and learn from our colleagues, customers and communities to create the best environment to shop and work for all.