Senior Allocator

Who We Are:

Since 1906, New Balance has empowered people through sport and craftsmanship to create positive change in communities around the world. We innovate fearlessly, guided by our core values and driven by the belief that conventions were meant to be challenged. We foster a culture in which every associate feels welcomed and respected, where leaders and creatives are inspired to shape the world of tomorrow by taking bold action today.

JOB MISSION:

The senior allocator will lead a team of allocators managing our assortment and inventory. Our store presence is rapidly growing across inline stores and outlet locations. Monitoring stock levels, identifying trends and opportunities withing our assortments through detailed analysis of retail KPI's and leading initiatives to drive and sustain growth, increase sales and hit sell-thru expectations. This role is crucial for maintaining efficient inventory management and ensuring customer satisfaction with effective decision making. Cross-functional collaboration is vital in this role as well as managerial prowess and motivating teams to achieve and build capabilities.

MAJOR ACCOUNTABILITIES:

• Manage the DTC allocation team by replenishing stores stock using our replenishment system (APTOS).
• Analyse sales trends, stock levels, and store performance to determine optimal inventory allocation to maximize sell through and revenue.
• Work closely cross-functionally with all retail stakeholders to manage seasonal trend changes and optimal stock levels on a store/style/size level for both full price and outlet channels.
• Adjust allocations and assortments based on store performance, regional trends, and customer demand.
• Develop allocation strategies to support sales targets, promotions, and seasonal trends.
• Working with Buying team to build the product assortment for store openings working to store capacities and coordinating with logistics and store operations.
• Work closely with buyers, and planners to align allocation strategies with overall business objectives.
• Collaborate with Planning and Buying on slow movers, high stocked products and trade opportunities with proposals on how to maximize the potential.
• Manage and review store clustering maximum capacity and option count in conjunction with V.M and store development.
• Identify and analyze current store orders in the replenishment system to ensure effective stock and store distribution manage the allocation team to execute and mitigate risks.
• Take ownership of the product assortments in the stores by introducing in season products and aged stock.
• Manage the lifecycle of products in full price and outlet channels.
• Generate and present allocation reports to senior management.
• Train and mentor junior allocators to enhance team efficiency.

KEY RESPONSIBILITIES

• Inventory Management

• Assortment Localization

• Data Analysis

• Collaboration

• People Management

• Forecasting

• Reporting

• System Management REQUIREMENTS FOR SUCCESS:

• Analytical Skills: Strong ability to analyze data and derive actionable insights.

• Attention to Detail: Precision in handling inventory to avoid stockouts or excess.

• Communication: Effective communication skills for collaboration across departments.

• Technical Proficiency: Familiarity with inventory management software and tools.

• Problem-Solving: Ability to identify issues and implement solutions quickly.

• Leading and motivating others. BENEFITS:

• Discretionary Bonus Opportunity

• Discount on health insurance

• 8% holiday allowance

• Flexible Working Hours

• Pension Scheme

• 25 days Annual Leave per year

• Up to €300 travel allowance each month

• Hybrid working

• Employee Discount

• Work from home allowance

• Home working equipment

• Sports subscription services

• Flexibility to work 20 days from anywhere each year

• Wellbeing and Mental Health Benefit (24/7 Employment Assistance Program & Support)

Equal Opportunity Employer:

New Balance is committed to equality of opportunity for all current and prospective associates regardless of age, disability, race, religion or belief, gender, sexual orientation, pregnancy and maternity, marriage and civil partnership and gender reassignment. We are an equal opportunity employer and support a culture of diversity and inclusion.

If you have not already done so, please let us know if you require any support so we can make the right adjustments and considerations should they be required.