Ralph Lauren Allocator in Watford

Ralph Lauren Allocator in Watford

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.
  • Benefits: Gain valuable experience in a dynamic environment with a focus on inclusion.
  • Why this job: Be part of a renowned brand and make an impact in retail operations.
  • Qualifications: Strong organisational skills and a knack for problem-solving required.
  • Other info: This is a 9-month Fixed Term Contract based in Watford.

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

Company Description

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 9 month Fixed Term Contract based from our Watford Office.

Essential Duties & Responsibilities

  • 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 'Retail 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
  • 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 manage 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

Ralph Lauren Allocator in Watford employer: Ralph Lauren

Ralph Lauren Corporation is an exceptional employer, offering a vibrant work culture that champions inclusion and belonging. As an Allocator based in our Watford office, you will benefit from a collaborative environment that encourages professional growth through cross-functional teamwork and access to advanced IT applications. With a commitment to employee development and a focus on driving sales success, Ralph Lauren provides a rewarding opportunity for those looking to make a meaningful impact in the premium lifestyle sector.
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Contact Detail:

Ralph Lauren Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Ralph Lauren Allocator in Watford

✨Tip Number 1

Network like a pro! Reach out to current or former employees at Ralph Lauren on LinkedIn. A friendly chat can give us insider info and maybe even a referral, which can really boost our chances.

✨Tip Number 2

Prepare for the interview by researching Ralph Lauren's latest collections and initiatives. We want to show that we’re not just interested in the role but also passionate about the brand and its values.

✨Tip Number 3

Practice common interview questions related to allocation and stock management. We should be ready to discuss how we can help drive sales and manage inventory effectively.

✨Tip Number 4

Don’t forget to apply through our website! It’s the best way to ensure our application gets seen by the right people. Plus, it shows we’re serious about joining the Ralph Lauren team.

We think you need these skills to ace Ralph Lauren Allocator in Watford

Stock Allocation
Sales Analysis
Inventory Management
Data Reporting
Cross-Functional Collaboration
Retail Math
Time Management
Problem-Solving Skills
Communication Skills
IT Application Proficiency
MS Word
MS Excel
Strategic Planning
Relationship Building

Some tips for your application 🫡

Show Your Passion for the Brand: When you're writing your application, let your love for Ralph Lauren shine through! Talk about what the brand means to you and how it aligns with your values. We want to see that you're not just looking for a job, but that you're excited about being part of our team.

Tailor Your CV and Cover Letter: Make sure to customise your CV and cover letter for the Allocator role. Highlight your relevant experience and skills, especially those related to stock management and analysis. We appreciate when candidates take the time to show us why they’re a perfect fit for this position.

Be Clear and Concise: Keep your application straightforward and to the point. Use clear language and avoid jargon unless it's relevant to the role. We value good communication skills, so make sure your writing reflects that!

Apply Through Our Website: Don’t forget to submit your application through our official website! It’s the best way for us to receive your details and ensures you’re considered for the role. Plus, it shows you’re serious about joining our team at Ralph Lauren.

How to prepare for a job interview at Ralph Lauren

✨Know Your Numbers

As an Allocator, you'll be dealing with sales figures and stock ratios. Brush up on your retail math skills before the interview. Be ready to discuss how you would analyse sales data and make allocation decisions based on that information.

✨Familiarise Yourself with the Tools

Ralph Lauren uses specific systems like JDA, Microstrategy, and SAP. If you have experience with these or similar tools, mention it! If not, do a bit of research to understand their functions and how they relate to inventory management.

✨Show Your Team Spirit

This role requires collaboration with various teams. Prepare examples of how you've successfully worked in cross-functional teams in the past. Highlight your communication skills and how you build relationships to drive results.

✨Prepare for Scenario Questions

Expect questions that assess your problem-solving abilities. Think of scenarios where you had to manage stock levels or respond to unexpected changes in sales. Be ready to explain your thought process and the outcomes of your actions.

Ralph Lauren Allocator in Watford
Ralph Lauren
Location: Watford
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  • Ralph Lauren Allocator in Watford

    Watford
    Temporary
    28800 - 43200 £ / year (est.)
  • R

    Ralph Lauren

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