Manager of Retail Planning & Allocation

Meet REVOLVE: 

REVOLVE is the next-generation fashion retailer for Millennial and Generation Z consumers. As a trusted, premium lifestyle brand, and a go-to online source for discovery and inspiration, we deliver an engaging customer experience from a vast yet curated offering totaling over 45,000 apparel, footwear, accessories and beauty styles. Our dynamic platform connects a deeply engaged community of millions of consumers, thousands of global fashion influencers, and more than 500 emerging, established and owned brands. Through 16 years of continued investment in technology, data analytics, and innovative marketing and merchandising strategies, we have built a powerful platform and brand that we believe is connecting with the next generation of consumers and is redefining fashion retail for the 21st century. For more information please visit www.revolve.com.

At REVOLVE the most successful team members have a thirst and the creativity to make this the top e-commerce brand in the world. With a team of 1,000+ based out of Cerritos, California we are a dynamic bunch that are motivated by getting the company to the next level. It’s our goal to hire high-energy, diverse, bright, creative, and flexible individuals who thrive in a fast-paced work environment. 

Some of the sweetest perks we offer aren’t in a typical benefit package like hefty discount on items we carry – as in 50% or more off retail prices, free weekly lunches, and pretty rad company parties.
 

To take a behind the scenes look at the REVOLVE “corporate” lifestyle check out our Instagram

@REVOLVEcareers or #lifeatrevolve.

Are you ready to set the standard for Premium apparel?

Main purpose of the Manager of Retail Planning & Allocation role:

A Manager of Retail Planning & Allocation is responsible for developing and executing strategies to ensure the right products are in the right stores at the right me, optimizing inventory levels, and maximizing sales and profitability. This role involves managing financial budgets, forecasting demand, and collaborating with other departments like merchandising, buying, planning, and operations.

Major Responsibilities:

Essential Duties and Responsibilities include the following.  Other duties may be assigned.

• Inventory Management:
  • Developing and executing allocation strategies to optimize inventory levels, minimize stockouts, and maximize product turn.
• Demand Forecasting:
  • Analyzing sales data, market trends, and other factors to forecast demand for specific products and categories.
• Financial Planning:
  • Managing budgets, forecasts, and resource allocation to achieve financial targets.
• Buying Influence:
  • Referencing data from Demand Forecasting and Financial Planning to provide input to support Retail specific buys by season, ensuring alignment with eCom.
• Collaboration:
  • Working with merchandising, buying, store operations, and other teams to align planning and allocation strategies.
• Performance Analysis:
  • Tracking key performance indicators (KPIs) like sales, inventory turnover, and gross margin to identify areas for improvement.
• Team Leadership:
  • If applicable, leading and developing a team of analysts or planners to support planning and allocation activities.
• System Implementation:
  • Participating in the design and implementation of systems for inventory management and allocation

Required Competencies:

To perform the job successfully, an individual should demonstrate the following competencies:

• Creating seasonal assortment plans:
  • Developing plans for the types and quantities of merchandise to be carried in stores during a specific season.
• Allocating merchandise to individual stores:
  • Determining how many of each product to send to each store based on factors like sales history, store capacity, and demand forecasts. Including building a replenishment strategy for stores that is rooted in data, customer profile, and on hand inventory for Retail.
• Developing and implementing markdown strategies:
  • Determining when and how to reduce prices on merchandise to clear inventory and maximize sales.
• Supporting open-to-buy:
  • Providing insight into how much inventory to purchase based on sales forecasts and financial targets.
• Anal