Allocator

Allocator

Watford Temporary 28800 - 43200 £ / year (est.) No home office possible
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At a Glance

  • Tasks: Manage stock allocations and support planning teams to drive sales success.
  • Company: Join Ralph Lauren, a global leader in premium lifestyle products with a rich heritage.
  • Benefits: Enjoy a dynamic work environment with opportunities for growth and collaboration.
  • Why this job: Be part of a culture that values inclusion and community while making an impact in retail.
  • Qualifications: Strong organisational skills, problem-solving abilities, and proficiency in MS Word and Excel required.
  • Other info: This is a 12-month Fixed Term Contract with potential for future opportunities.

The predicted salary is between 28800 - 43200 £ per year.

Ralph Lauren Corporation (NYSE:RL) is a global leader in the design, marketing and distribution of premium lifestyle products in five categories: apparel, accessories, home, fragrances, and hospitality. For more than 50 years, Ralph Lauren\’s reputation and distinctive image have been consistently developed across an expanding number of products, brands and international markets. The Company\’s brand names, which include Ralph Lauren, Ralph Lauren Collection, Ralph Lauren Purple Label, Polo Ralph Lauren, Double RL, Lauren Ralph Lauren, Polo Ralph Lauren Children, Chaps, among others, constitute one of the world\’s most widely recognized families of consumer brands.

At Ralph Lauren, we unite and inspire the communities within our company as well as those in which we serve by amplifying voices and perspectives to create a culture of belonging, ensuring inclusion, and fairness for all. We foster a culture of inclusion through: Talent, Education & Communication, Employee Groups and Celebration.

Position Overview

The Allocator plays a key role in the success of their product division, utilising dedicated IT applications to create and manage all initial and replenishment allocations of stock to stores, as well as providing administrative support to the planning team including running reports, analysing sales and stock figures.

Please note this is a 12month Fixed Term Contract

Operations/Financial

  • Produce packs for Monday trade meetings which include weekly sales and promotional Reports
  • Attend Key Meetings to understand season performance as well as forward strategies
  • Work within teams to formulate and implement strategies to help drive sales.
  • Ensure the financial success of a product group by allocating stock to stores to meet or exceed sales, gross profit, and inventory turn goals
  • Track and monitor Distribution Center (DC) and Store available inventory for the product group, maximising sales to stock ratios and turn
  • Execute the release of initial product distributions and in season replenishment to stores
  • Monitor and ensure full size availability of best sellers, Continuity lines and seasonal products in stores in order to maximise sell through
  • Work with cross functional teams to ensure timely and accurate execution of new store openings
  • Support planning teams with store, product and size analysis
  • Manage store communications through the system ‘ R etail Intelligence ’ to answer store call outs and as well as communicate promotional and mark down changes
  • Use systems including JDA, Microstrategy , Promo MD, and SAP

Communications/Relationships

  • Develop and maintain effective working relationships within cross-functional team ( stores, buying, planning, marketing, visual, etc.). In particular the planner and buyer in the team responsible for the product group
  • Communicate initial release and replenishment strategies within cross functional team
  • Participate in cross functional meetings, contributing input on distribution and/ or trading strategies
  • Compose and deliver key trading messages to the wider business.
  • Collaborate with peers to ensure consistency of information, share best practices and develop systems knowledge
  • Manage communication regarding inventory/replenishment with field contacts on a store by store basis if required
  • Store visits to gain insight to performance and availability
  • Participate in Company initiatives as appropriate

Experience, Skills & Knowledge

  • Able to organize, prioritise tasks and manages time well in order to meet deadlines
  • Demonstrates logical analysis and problem solving skills
  • Demonstrates good listening, written and oral communication skills, effectively and clearly communicates
  • Able to build and maintain productive relationships within team environment
  • Advanced PC and associated application skills in MS Word and Excel
  • Show ability or aptitude in retail math, and to learn technical applications quickly

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Allocator employer: Ralph Lauren

Ralph Lauren Corporation is an exceptional employer that champions a culture of inclusion and belonging, making it a fantastic place for Allocators to thrive. With a commitment to employee growth through continuous education and collaboration, team members enjoy a dynamic work environment that encourages innovation and strategic thinking. Located in a vibrant industry, employees benefit from engaging with a globally recognised brand while contributing to its success in a supportive and inspiring atmosphere.
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Contact Detail:

Ralph Lauren Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Allocator

✨Tip Number 1

Familiarise yourself with the key IT applications mentioned in the job description, such as JDA, Microstrategy, and SAP. Having a solid understanding of these systems will not only boost your confidence but also demonstrate your readiness to hit the ground running.

✨Tip Number 2

Network with current or former employees of Ralph Lauren, especially those in similar roles. They can provide valuable insights into the company culture and expectations, which can help you tailor your approach during interviews.

✨Tip Number 3

Stay updated on the latest trends in retail and stock allocation strategies. Being knowledgeable about industry developments will allow you to engage in meaningful conversations during interviews and showcase your passion for the role.

✨Tip Number 4

Prepare to discuss specific examples of how you've successfully managed inventory or allocations in previous roles. Highlighting your problem-solving skills and ability to work within cross-functional teams will make you a standout candidate.

We think you need these skills to ace Allocator

Analytical Skills
Attention to Detail
Time Management
Problem-Solving Skills
Communication Skills
Relationship Building
Retail Math Proficiency
Advanced Excel Skills
Data Analysis
Inventory Management
Cross-Functional Collaboration
Report Generation
IT Application Proficiency (JDA, Microstrategy, Promo MD, SAP)
Organisational Skills
Sales Strategy Development

Some tips for your application 🫡

Understand the Role: Before applying, make sure you fully understand the responsibilities of the Allocator position at Ralph Lauren. Familiarise yourself with the key tasks such as stock allocation, sales analysis, and cross-functional collaboration.

Tailor Your CV: Customise your CV to highlight relevant experience and skills that align with the job description. Emphasise your analytical abilities, communication skills, and any experience with retail math or IT applications like MS Excel.

Craft a Compelling Cover Letter: Write a cover letter that showcases your passion for the brand and the role. Mention specific examples of how your previous experiences have prepared you for the challenges of the Allocator position and how you can contribute to the team.

Proofread Your Application: Before submitting, carefully proofread your application materials. Check for spelling and grammatical errors, and ensure that all information is clear and concise. A polished application reflects your attention to detail.

How to prepare for a job interview at Ralph Lauren

✨Understand the Brand

Before your interview, take some time to research Ralph Lauren's history, values, and product lines. Familiarising yourself with their brand identity will help you align your answers with their culture and demonstrate your genuine interest in the company.

✨Showcase Analytical Skills

As an Allocator, you'll need strong analytical skills. Be prepared to discuss your experience with data analysis, stock management, and any relevant software you've used. Highlight specific examples where your analytical skills led to improved sales or inventory management.

✨Emphasise Team Collaboration

The role requires effective communication and collaboration with cross-functional teams. Share examples of how you've successfully worked with others in previous roles, particularly in a retail or inventory context, to show that you're a team player.

✨Prepare Questions

At the end of the interview, you'll likely have the chance to ask questions. Prepare thoughtful questions about the company's strategies, team dynamics, or future projects. This shows your enthusiasm for the role and helps you assess if it's the right fit for you.

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