About Kendra Scott
We are a fashion-lifestyle brand of big dreams, colorful confidence, and inspired design. Founded on Family, Fashion and Philanthropy, we believe that our employees and customers are the heart and soul of our brand, and that giving back is the truest form of success. Fashion meets innovation in the design of our two state-of-the-art facilities based in the heart of Austin, Texas, and overflows into the design of our growing retail environment across the country.
Associate Merchandise Allocator
The Associate Merchandise Allocator is a professional member of the Allocation team and reports to the Manager of Allocation. This is an exempt, salaried position whose primary responsibility is to ensure proper stock levels and drive allocation strategy within our multi-channel organization, ensuring financial goals are achieved while supporting overall company initiatives. All below responsibilities are for specific categories owned.
Responsibilities include but are not limited to:
ALLOCATION AND REPLENISHMENT:
- Analyze sales trends to drive weekly replenishment needs for all Retail locations and Ecommerce; ensure all locations are at target weeks of supply and in-stock on current and core product
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Own system replenishment module – including selling profile, balancing min/max inventory levels with targeted weeks of supply; upload replenishment orders for the Distribution Center to execute
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Clear view of global inventory position, including Omni Channel needs; identify and articulate any risks, opportunities, and impacts to all areas of the company
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Partner with Production and Transportation teams to prioritize incoming orders based on business needs
- Manage Ecommerce inventory across multiple fulfillment locations; align SKU breadth and depth to hit demand and support fulfillment targets in each location
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Strategically allocate new product launches based on channel, store, and regional trends; identify opportunities to positively impact turn while still supporting visual merchandising needs
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Responsible for reporting out real-time product results on promotions to cross-functional partners
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Collaborate with Retail and Marketing partners to support special events and customer requests
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Build out New Store inventory sets – partner with merchandising on assortments, use comparable stores and style performance to determine appropriate product levels, coordinate execution timeline with DC
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Provide weekly reporting on key metrics for all current and core product by store, region, and volume tier; analyze data to identify risks and opportunities and communicate to teams
- Execute quarterly inventory rebalances, communicate strategies and execution details to all partners
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Identify assortment opportunities by door, including color, classification and price points
CROSS FUNCTIONAL PARTNERSHIP:
- Collaborate with Planning on distribution strategy, ensuring buy strategy and priority items are supported
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Demonstrate a detailed level of partnership with Distribution Center teams to ensure execution of store orders and consistent accurate inventory backstock levels
- Partner with Retail Operations to align on Replenishment and Launch Allocations, consider sales goals and space constraints; communicate key details, timing risks, or changes to strategy
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Partner with Merchandising, Planning, and Visual teams to confirm key focus items are available at the store level, and launch allocations can support the proposed floor sets
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Work closely with Marketing and Creative teams on product featured in customer facing messaging, confirm each item has appropriate inventory depth, advise alternative options to creative if needed
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Share district and store level trends with cross functional teams, providing recommendations on how to drive the business
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Facilitate any Corporate Event or Affiliate inventory requests, creating orders to secure product needed; partner with Distribution Center to ensure orders arrive at location by requested date
Requirements:-
1+ years’ experience in a Allocations/Replenishment role for a multi store organization or comparable inventory management role
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4 Year College degree preferred
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Above average Excel aptitude and the ability to learn new programs quickly
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Strong history of analytical reasoning and proficiency in retail math and inventory management
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Strong organizational skills, multi-tasking and follow up are critical in a fast paced environment
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Detail oriented with a strong quantitative background
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Able to communicate complex issues in easily understood and concise communication
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Demonstrated experience working as part of a larger team where you were a contributing partner
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Meets challenges with flexibility, motivation and a ‘can do’ attitude
We are an equal opportunity employer and value diversity at our company.