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Retail Allocation Analyst

Maximize sales and profit and minimize stock risk by maintaining optimal stock levels of a group of styles and by store.

Analyze specified location performance including sales/inventory ratios, turnover, seasonality, size variability, and marketing impacts; communicate, get sign off and share with the team members appropriate actions.

Implement distribution strategies by forecasting future sales and opportunity using available tools.

Build new processes and optimize existing ones according to new business needs.

CORE JOB RESPONSIBILITIES

  • Key Business Partner of the Retail Planner to optimize the Sell-Through and Margin, implements allocation and replenishment strategies within the framework set for timely and regular review and sign off.
  • Responsible with Retail Planner of initial allocation packs, by products and store type.
  • Weekly review with Buying Team of the weekly initial allocation according to original plan but also on seasonality and actual stock needs.
  • Builds allocation weekly demand at style and store level, by setting Nextail System parameters according to the marketing calendar and probability for the store to sell.
  • Provides succinct and timely analysis of business risks and opportunities to Retail Planner and Buyer.
  • Develops store transfer strategies together with country merchant in order to maximize the sales with available stock
  • Creates effective communication and relationships with Country team to capture location opportunities and liabilities.
  • Collaborates with the Retail Inventory/Logistics team to ensure effective communication leading to the controlled and timely flow of stock.
  • Responsible for weekly/monthly Stores stock holding for the specified group of stores and styles
  • Collaborate and contribute implementing the allocation meeting to share with key actors (inventory market strategy team and allocation team) possible actions to optimize the level of stock in our stores with the aim at maximizing the sales.
  • Experience: 1-2 years in retail business as allocator or operation manager, possibly in the fashion retail sector.
  • Bachelor’s degree in Economics or related field
  • Fast learner, analytical mind-set, adapt to changes and work under pressure
  • Excellent execution, high respect of deadlines and strong organizational skills, good level of proactivity and effective problem solver
  • Team player, ability to work independently and customer oriented
  • Proficiency with Microsoft Office suite, especially Excel skills to facilitate data analysis
  • Ability to prioritize multiple tasks simultaneously, utilize resources effectively and drive for results in a fast paced, growth environment
  • Established ability to build and maintain effective working relationships to drive collaboration, teamwork and business results

  • An International, fresh and dynamic working environment
  • Balance between work and personal life: Smart Working (Hybrid work model) and Time flexibility;
  • Physical & Mental Health programs, sustainable projects and workshop promoted by Guess Community
  • Arts, sports and social events outside the office, thanks to our Guess Fun activities!
  • Training & Development platform and paths
  • Discount on our products both online and in stores

 

Don’t miss your chance to join a progressive and sustainable global company, which is constantly looking for new challenges and opportunities to grow in a competitive and tough market.

Guess promotes a people-first workspace, where their well-being and their development are part of the history and the success of the brand.

Do you think we’re a good match for you? Apply now to be part of our family!

Average salary estimate

$70000 / YEARLY (est.)
min
max
$60000K
$80000K

If an employer mentions a salary or salary range on their job, we display it as an "Employer Estimate". If a job has no salary data, Rise displays an estimate if available.

What You Should Know About Retail Allocation Analyst, Guess Europe Sagl

Are you looking to jumpstart your career in the exciting world of retail? Guess is on the lookout for a spirited Retail Allocation Analyst to join our team! In this role, you'll maximize sales and profits while minimizing stock risk by maintaining optimal stock levels across different styles and stores. Your analytical prowess will shine as you evaluate location performance, focusing on sales/inventory ratios, turnover, seasonality, and more—all of which shape our marketing strategy. You will collaborate closely with the Retail Planner to implement effective distribution strategies and tackle challenges in a fast-paced environment. Every week, you'll have the opportunity to review inventory with our Buying Team and build allocation demands at the style and store level using sophisticated tools. Not only will you create impactful communication strategies with the Country team, but you'll also participate in exciting programs designed for mental and physical wellness. With a Bachelor’s degree in Economics or a related field and 1-2 years of retail experience, you're ready to make a difference. Join us for a balanced work-life culture with hybrid options, great training and development paths, and of course, discounts on our fabulous products. So, if you're eager to be part of a dynamic and progressive company, don’t hesitate—apply now and let’s grow together!

Frequently Asked Questions (FAQs) for Retail Allocation Analyst Role at Guess Europe Sagl
What are the primary responsibilities of a Retail Allocation Analyst at Guess?

As a Retail Allocation Analyst at Guess, your main responsibilities include optimizing stock levels for various styles and stores, analyzing location performance through sales/inventory ratios and turnover, and collaborating with the Retail Planner to enhance sell-through and margin strategies. You'll also be responsible for creating effective communication with the buying team and contributing to the allocation meeting to ensure optimal stock levels.

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What qualifications do I need to become a Retail Allocation Analyst at Guess?

To become a Retail Allocation Analyst at Guess, you should possess a Bachelor's degree in Economics or a related field, along with 1-2 years of experience in retail, particularly as an allocator or operations manager. Strong analytical skills, proficiency in Microsoft Excel, and the ability to work independently while being a team player are essential qualifications you should have.

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How does Guess support work-life balance for Retail Allocation Analysts?

Guess promotes a healthy work-life balance by offering a smart working hybrid model and flexible time options. We value the well-being of our team members, which is reflected in our physical and mental health programs, as well as various social activities organized through Guess Fun events.

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What skills are essential for a successful Retail Allocation Analyst at Guess?

A successful Retail Allocation Analyst at Guess should have strong organizational skills, a proactive approach to problem-solving, and the ability to analyze data effectively. Being detail-oriented and adaptable to changes, as well as proficient in Microsoft Excel, will enhance your ability to succeed in this role.

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What career development opportunities does Guess offer for Retail Allocation Analysts?

At Guess, we value continuous learning and provide various training and development platforms to help our Retail Allocation Analysts grow in their careers. This includes access to workshops, educational resources, and pathways for advancement within the organization, ensuring you’re well-equipped to thrive in a competitive environment.

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Common Interview Questions for Retail Allocation Analyst
Can you describe your experience with stock allocation in retail?

In answering this question, ensure you detail your previous roles, emphasizing how you effectively managed stock levels and your approach to balancing supply and demand. Use specific examples or metrics that demonstrate your strategic thinking and successful outcomes.

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How do you prioritize tasks when managing multiple stores and styles?

To effectively answer, discuss your method for prioritizing based on factors like sales trends, seasonal influences, and stock levels. Talk about tools you use for organization and how you ensure deadlines are met while maintaining communication with your team.

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What tools or software are you proficient in that help with data analysis?

Mention your proficiency with Microsoft Excel, and any retail-specific software you've used such as inventory management systems. Provide examples of how you’ve utilized these tools to make data-driven decisions that positively impacted stock management.

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How do you communicate stock opportunities and risks to your team?

Discuss your approach to clear and concise communication, emphasizing the importance of creating a collaborative environment. Provide examples of how you actively sought feedback from team members and utilized tools to present data that influenced decision-making.

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Describe a time when you faced a significant challenge in inventory management.

When discussing a challenge, frame it as a learning experience. Highlight what specific issue arose, the steps you took to resolve it, and the ultimate outcome. This showcases your problem-solving abilities and resilience.

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What strategies do you employ to analyze sales performance?

Explain your methods for evaluating sales data, including any specific metrics you track like sales/inventory ratios or turnover rates. Emphasize how your analysis directly contributes to inventory decisions and enhancing sales.

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How do you stay updated on industry trends related to retail allocation?

Discuss your approach to staying informed, such as following industry publications, joining professional groups, or attending webinars. This shows your dedication to professional growth and understanding trends that could affect your role.

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Can you give an example of how you optimized a stock allocation process?

Provide a detailed example of a process you improved, outlining your analysis, the actions you took to optimize it, and the results achieved. This demonstrates your analytical skills and proactive approach.

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What makes you a great fit for the Retail Allocation Analyst position at Guess?

In your response, align your skills and experiences with the specific needs and culture of Guess. Highlight your enthusiasm for retail, analytical capabilities, and commitment to teamwork and collaboration, making it clear why you're an ideal candidate.

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How would you handle discrepancies in stock levels between stores?

Discuss your approach to identifying the source of discrepancies through data analysis and communication with staff. Talk about how you would develop actionable steps to reconcile stock levels and prevent future issues.

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Founded in 1981, GUESS began as a jeans company and has since successfully grown into a global lifestyle brand. GUESS?, Inc. designs, markets, distributes and licenses a lifestyle collection of contemporary apparel, denim, handbags, watches, eyewe...

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Full-time, hybrid
DATE POSTED
December 2, 2024

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