The North Face: Allocation Analyst
Expired Job Description :
As the Retail Allocation Analyst, you are an integral part of the DTC business, responsible for executing the monthly floor sets and ensuring replenishment for all retail locations of The North Face in North America. You will collaborate with Buying and Planning teams to drive financial results. You will do this by managing inventory at the location and size level, determining appropriate inventory levels, and maximizing sales. Here at The North Face, we welcome individuals who will be strong team players in supporting the day in and day out decision making and strategic direction of the DTC vision. You will consistently monitor the performance of assigned classifications to ensure inventory levels, assortments, quantities, and size availability are aligned to achieve the company’s sales and profitability objectives. In addition to working closely with the DTC Merchandising team, Allocation works cross-functionally with the Visual, Store Operations, Logistics, and the DC Teams.
Join the North Face Family
The North Face was built on a love for the outdoors and the desire to enable all types of exploration, for all people, from their backyards to the Himalayas. Over the last 50 years weve lived by our “true north,” the belief that exploration has the power to change us, to challenge us and to help us see the world from new perspectives. To help ignite a global movement of outdoor exploration, love for the natural world and an unwavering commitment to protect it, we welcome and encourage new participants to the outdoors. We extend our reach through support of non-profit organizations, establishing programs that connect participants with close-to-home recreation opportunities, and creating a connection with young leaders, inspiring them to explore and conserve.
As we enter our sixth decade, we pledge to:
- Empower exploration and the thrill of the unknown for as many people as possible.
- Protect the places where we live, play, and operate.
- Evolve the way we make our products by improving our environmental performance and social responsibility in the supply chain.
How You Will Make a Difference
- Develop ongoing cross-functional partnership with Buying and Planning team to develop allocation strategies that support the DTC financial objectives.
- Execute the initial floor sets based on the buying assortment strategy, visual and window displays in store, and brand marketing stories.
- Analyze sales and inventory reporting to determine allocation approaches that address the style/color/size needs at regional/cluster/store levels.
- Create replenishment models that consider sales needs, store capacity limits, and store percent contribution. Execute and analyze results weekly to recommend needed inventory adjustments.
- Review and evaluate size selling performance at a store level to ensure best customer experience.
- Manage and report on inbound receipt flow by partnering with buying and supply planning.
- Plan distro flow to stores and analyze current inventory/in transit based on monthly/weekly forecast communicated to Store Operations, Logistics, and DC partners.
- Initiate store-to-store transfers and consolidations based on style life cycle and product needs by store.
- Build relationships with regional and district field leaders to marry the art and science of the right product at the right store at the right time.
- Perform segment transfers between channels and wholesale to capitalize on opportunities.
- Complete quarterly and seasonal store grading and clustering for better store assortments.
- Partner on appropriate assortments and inventory levels for new, remodel, and relocation stores to meet goals for store opening plan. Maintain site attributes in conjunction with changes and new store openings.
- Participate in store visits, present findings, and propose recommendations.
- Possesses a passion for continuous improvement and a can-do attitude. Contributes to the success of DTC with positive cross-functional partnership.
Free To Be,
Inclusion & Diversity
As a purpose-led, performance driven company, we strive to foster a culture of belonging based on respect, connection, openness and authenticity. We are committed to building and maintaining a workplace that celebrates the diversity of our associates, allowing them to bring their authentic selves to work every day.
Skills for Success
Years of Related Professional Experience: At least 1 year experience in Retail analytical role preferred
Educational Position Requirements:
A formal education and subsequent undergraduate/graduate degrees are nice to have, but we are most interested in your total experience and professional achievements.
Desired Skills for Success:
- Years of Related Professional Experience: 1+ years Retail experience in an analytical role, preferably in Allocation role.
- Possesses logical analysis and problem-solving skills
- Able to deliver strong and thorough presentations, identifying business issues and solutions
- Can build and maintain productive relationships with many cross-functional teams
- Succeeds in time-management, able to organize and prioritize workload to meet deadlines.
- Demonstrates strong listening, written and verbal communication skills
- Proficiency in Microsoft Office Suite (Intermediate Excel experience) and possess aptitude to learn technical applications quickly.
- Aptitude to evaluate financial acumen and translate information into actionable items.
Special Physical and/or Mental Requirements:
- Some travel required as necessary.
- Ability to be flexible and willing to work extended hours when necessary.
- Bend, lift, open and move product and related office items varying in weight from 1 to 25 lbs. depending on need.
What’s in it For You
We’re in the business of unleashing human potential, driven by the ideas, energy and commitment of our people. That’s why we offer comprehensive benefits that encourage mental, physical and financial well-being for all VF associates. When it comes to benefits, we’re the total package. Go to MyVFBenefits.com and click on “Looking to Join VF?” to learn more.
Our Parent Company, VF Corporation
VF is one of the world’s largest apparel, footwear and accessories companies connecting people to the lifestyles, activities and experiences they cherish through our family of iconic outdoor, active and workwear brands. At the heart of our journey lies our company-wide purpose: We power movements of sustainable and active lifestyles for the betterment of people and our planet. This is our purpose. It’s the reason we come to work every day. It’s a commitment shared by our global associates across all brands. Our purpose unites us and leads us to pursue our goals, together. This is our calling. Learn more at vfc.com
We just have one question. Are you in?
Salary Range:
$51,840.00 USD – $77,760.00 USD annually
Annual Incentive Eligibility:
This position is eligible to participate in VFs Annual Incentive Plan. Incentive Plan awards are contingent upon (1) achievement of your individual objectives and (2) VF achieving its Corporate and business level financial objectives.
Long Term Incentive Eligibility:
This position is not eligible for long term incentive.
Benefits at VF:
You can review a general overview of each benefit program offered, including this years medical plan rates on
www.MyVFbenefits.com
and clicking, Looking to Join VF? Detailed information on your benefits will be provided during your onboarding process.
COVID-19 Vaccination Requirement
Unless prohibited by applicable law, this position requires proof of being fully vaccinated for COVID-19 on the first day of employment, absent need for medical or religious accommodation or other exemption as allowed by state or local law. Further information will be provided during the recruitment process.
