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- Tasks: Manage stock across wholesale and retail, ensuring optimal distribution and availability.
- Company: Join a dynamic fashion company focused on maximizing sales performance.
- Benefits: Gain hands-on experience in the fashion industry with potential for growth.
- Why this job: Perfect for detail-oriented individuals who thrive in fast-paced environments and love fashion.
- Qualifications: Basic retail experience and a background in Business Management or Economics required.
- Other info: Collaborate closely with the Merchandising Manager and develop forecasting tools.
The predicted salary is between 30000 - 42000 £ per year.
Job Description
Purpose of the role
The Allocator is responsible for managing central stock holdings across wholesale and retail channels, ensuring optimal stock distribution to meet business needs. This role involves monitoring production planning, analysing sales trends, and maintaining product availability to maximize sales performance. By identifying best-sellers, slow-moving stock, and future inventory requirements, the Allocator supports effective decision-making and forecasting in collaboration with the Merchandising Manager.
Responsibilities
- Control central stock holding for wholesale and retail business; action stock movements as needed
- Follow production planning to monitor and flag risks in deliveries and partial shipments to administer in appropriate allocations by channel
- Review and assist in summarizing product / stock availability by channel and by delivery
- Partake in the analysis & reporting of current sales data, channel trends in order to anticipate product needs and plan future stock
- Maintain an up-to-date knowledge of style performance, worst sellers
- Ensure best sellers reach their full potential, identity poor performing lines and over stock issues and make recommendations where necessary to stimulate sales
- Help maintain a comprehensive library of historical data
- Work with Merchandising Manager to build forecasting sales tools
Measures of Success
- Optimisation of stock and sell thru potential
- Maintenance of VM by delivery
- Up to date and clean sales data
- Communication and collaboration
Qualifications, Skills, Experience Required
- Basic experience in retail, merchandising or a similar role within the fashion industry
- Business Management / Economics education
- Highly proficient in Microsoft OS, especially Excel
- Literate in stock and product management systems; ability to learn quickly
- Ability to work in a fast-paced environment and manage multiple priorities
- Understanding of fashion business and product
- Ability to plan weekly sales, stock and intake management
- Excellent communication skills
- Personality:
- Motivated, sharp and detail oriented
- Team player and collaborative
- Ambitious and fast learner
Allocator employer: Phoebe Philo
Contact Detail:
Phoebe Philo Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Allocator
✨Tip Number 1
Familiarize yourself with the latest trends in the fashion industry. Understanding what products are currently popular can help you demonstrate your knowledge during the interview and show how you can contribute to optimizing stock and sales.
✨Tip Number 2
Brush up on your Excel skills, especially functions related to data analysis and inventory management. Being able to showcase your proficiency in Excel during discussions will highlight your readiness for the role.
✨Tip Number 3
Prepare examples of how you've successfully managed stock or contributed to sales performance in previous roles. This will help you illustrate your experience and problem-solving abilities when discussing your fit for the Allocator position.
✨Tip Number 4
Network with professionals in the retail and merchandising sectors. Engaging with others in the industry can provide insights into best practices and may even lead to referrals that could strengthen your application.
We think you need these skills to ace Allocator
Some tips for your application 🫡
Understand the Role: Make sure to thoroughly read the job description for the Allocator position. Understand the key responsibilities and qualifications required, as this will help you tailor your application to highlight relevant experiences.
Highlight Relevant Experience: In your CV and cover letter, emphasize any previous experience in retail, merchandising, or similar roles within the fashion industry. Use specific examples to demonstrate your skills in stock management and sales analysis.
Showcase Your Skills: Mention your proficiency in Microsoft Excel and any stock management systems you are familiar with. Provide examples of how you've used these tools to analyze sales data or manage inventory effectively.
Express Your Motivation: Convey your enthusiasm for the fashion industry and your ambition to contribute to the company's success. Share why you are a good fit for the team and how your detail-oriented nature aligns with the role's requirements.
How to prepare for a job interview at Phoebe Philo
✨Show Your Analytical Skills
As an Allocator, you'll need to analyze sales trends and stock performance. Be prepared to discuss your experience with data analysis, especially in relation to inventory management. Highlight any specific tools or methods you've used to track and interpret sales data.
✨Demonstrate Your Understanding of the Fashion Industry
Make sure to convey your knowledge of the fashion business and product lifecycle. Discuss any relevant experiences you have in retail or merchandising, and how they relate to stock management and sales optimization.
✨Prepare for Scenario-Based Questions
Expect questions that assess your problem-solving abilities in real-world scenarios. For example, how would you handle a situation where a best-selling item is running low on stock? Think through your responses and be ready to explain your thought process.
✨Highlight Your Team Collaboration Skills
Since this role involves working closely with the Merchandising Manager, emphasize your ability to collaborate effectively. Share examples of past teamwork experiences, particularly those that required communication and joint decision-making.
