Allocation Analysts are responsible for managing the optimal deployment of merchandise to the stores within their assigned Category(s). Major functions of the Allocation Analyst within the realm of inventory deployment, are the splitting of merchandise between distribution centers, building effective allocation execution plans, optimal allocation and flow of the product to the stores, and providing in depth review of performance including analytics-based recommendations for future improvements. The primary goal of the Allocation Analyst is to achieve an optimum inventory level within the distribution centers and stores through managing inventory turn disparity across volume groups for each of their category(s) seasons in order to maximize sales and profitability. Allocation Analysts work closely with business partners to resolve any store inventory issues. Incumbents in this position are responsible for embracing Dollar Tree and Family Dollar’s store-centric commitment to customer service, inventory productivity, and sales.
Principal Duties & Responsibilities:
- Each Allocation Analyst is responsible for the inventory deployment strategy and results for around 700 – 1,000 SKUs with sales totaling $110 - 150 million annually.
- Responsible for splitting purchase orders in the appropriate quantities to DC’s to maximize store service levels and department turn. Maintain balanced inventory levels in all Distribution Centers and Retail Locations
- Responsible for allocating and replenishing items weekly in accordance with department strategy and merchant vision while maintaining appropriate store inventory levels.
- Analyze sales history to support event quantities by location for all event/seasonal SKUs and ensure all SKUs attached to Events/Ads are allocated and replenished in a timely manner, and facilitate periodic seasonal event strategy meetings with business partners to ensure effective execution of seasonal strategies.
- Collaborate with Merchant, Assortment Planner, and Financial Planner to ensure allocations are aligned with department sales and turn goals
- Communicate effectively with other departments within the organization regarding business trends in assigned category and attend and make value added contributions to weekly Category performance review meetings .
- Monitor seasonal inventory that is held in the DCs to ensure inventory is released out of the DCs in a timely manner.
- Other job-related duties as assigned
Position Requirements:
Office work environment, 40+ work hours per week
Minimum Requirements:
Education: Bachelor’s Degree from a four-year college or university or associate’s degree with additional experience / training preferred. Experience: One to three years of retail store experience and/or merchandise allocation experience desirable. Job Related Skills: Ability to prioritize and organize workload, possess strong problem-solving skills, capable of meeting stringent deadlines, and possess effective communication skills. Computer Skills: Must be proficient in the use of Microsoft Office including Excel, Access, Power Point and Word. Ability to develop, manipulate, format and share spreadsheets for the purpose of analysis. JDA Arthur Allocations, MMS and AS400 experience preferred. Start Rate = $50,000-59,000 based on experience plus 5% bonus. The company offers Health, Dental, & Vision, a flexible spending account, life and disability insurance benefits, a 401k plan, PTO, paid holidays annually, and an employee stock purchase plan. Our success is a team effort - when we reach our goals, you’ll be eligible for a yearly bonus!
Your Perks and Benefits:
We offer a wide variety of rewards to support your health, wealth, and mental well-being. In addition to medical, pharmacy, dental, and vision insurance, we offer:
- Employee Assistance Program
- Retirement plans with matching contribution
- Employee Stock Purchase Program
- Educational Assistance
- Access to PerkSpot, an employee discount platform for goods and services
- And much more!
Who We Are:
At Dollar Tree, we make a difference in the lives of our customers every day by exceeding their expectations and delivering value – it’s what our business is built on. Our associates play an important role in this commitment by embracing change and showing up for their teams and their communities.
We see an exciting path forward as our company continues to grow and transform – and we know that this path starts with you.
Join our team today and discover The Value of You.
Dollar Tree is an Equal Opportunity Employer committed to complying with the Americans with Disabilities Act (ADA) and providing reasonable accommodations to qualified individuals with disabilities.
This job specification should not be construed to imply that these requirements are the exclusive standards of the position. This is not to be considered a complete list of job duties, which appear in the job description for this position, and which may be amended from time to time at the discretion of Dollar Tree. Incumbents will follow any other instructions and perform any other related duties as may be required by their supervisor.
Please note, this job description is not a contract of employment and may be modified to meet evolving business needs. Employment at Dollar Tree, meaning that either the employee or the company may terminate the employment relationship at any time, with or without cause or notice.
Full time
500 Volvo Parkway,Chesapeake,Virginia 23320
Inventory Management
Dollar Tree