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Sr. Allocator, Commerce, California

Created 11/25/2021
Reference 14331943
Category Operations/General Management
Country United States
State California
City Commerce
Zip 90023
Salary Competitive
At The 99 you'll find a career that is more than just a job. We promise to provide you with the opportunity, and we will empower you to make it your own and run with it.

You're invited to Start your career at the 99, Stay to make big impacts, and continue to Grow with us! #StartStayGrow

Our Story
The 99 Cents Only Stores is a leading premium value retail chain that exists to provide the communities we serve an exciting primary shopping destination for our price savvy enthusiasts. We have over 386 retail stores in CA, NV, AZ, and TX and counting! There is magic in the number 99 that we hold dear, and we love sharing it with our community through amazing prices and quality brand name products. Our categories grow day by day, and we are a one-stop destination for fresh produce, grocery, home goods, electronics, toys, home decor, party supplies, stationary, and so much more!

Our Mission:
To fulfill dreams 9 days a week

Our Core Values:
  • Customer First
  • Win as a team
  • Treat everyone with dignity and respect
  • Every penny Counts
  • Celebrate and inspire the Magic of 99 in all you do

The Position
Responsible for managing the optimal deployment of merchandise to the stores within their assigned Category(s). Major functions of the Allocator within the realm of fashion inventory deployment, are the splitting of merchandise between distribution centers, building effective allocation execution plans, determining new stores merchandise set, 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 Allocator 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. Allocators work closely with the necessary groups to resolve any store inventory issues.
What you will do...
  • Responsible for inventory deployment strategy and inventory results for their assigned business.
  • Through collaborative effort with the Merchants, Allocators build and present a Merchandise Allocation Plan for every item.
  • Analytically monitor in-season volume and DC inventory turn disparity performance on a weekly basis, in order to understand the root cause for over/under performance in order to

provide executable recommendations to allocation criteria and product strategy. These changes result in improved sales and productivity (such as store inventory turn and sell through) of inventory within the stores. With these recommendations they work collaboratively with their merchants and Allocation Manager/Director.
  • Senior Allocators are owners of the volume grade process. They analyze the best time period to use when building volume grades, determine the criteria to use, and optimize the planning/execution of grades through grade group analysis. Senior Allocators also decide the best grading index strategy to be used in the Assortment Planning clustering worksheets.
  • For each category post-season they will be responsible for providing merchants and allocation manager/director with an in-depth tier-based cluster analysis and assortment recommendations. Their analytical involvement in this process drives sales and store productivity improvements within the planning and execution of store assortments surrounding volume grade.
  • Work directly with the Store Operations Team and merchants to determine the seasonal assortment set for new stores and are responsible for determining the number of units per item for the new store set as well as the placement and removal of merchandise from the new store hold bucket.
  • Control the flow of merchandise to the stores by determining the optimal methodology and execution of allocation strategies and lead-times from the DCs to the stores.
  • Monitor closeout inventory that is held in the DCs to ensure inventory is adjusted and released out of the DCs in a timely manner.
  • Deliver results on assigned cross-functional projects with significant company impact
  • Attend weekly Business meetings and make value-added contributions
  • Other job-related duties as assigned

Requirements
  • Education: Bachelor's Degree from a four-year college or university or equivalent experience/training.
  • Experience: Four (4) or more years of retail store experience in merchandise allocation/planning experience.
  • Technical Skills : Must be proficient in the use of Microsoft Office (advanced knowledge of Excel and SQL is preferred) and merchandise specific computer programs.
  • Other Skills : Ability to prioritize and organize workload, possess strong problem solving skills, capable of meeting stringent deadlines, and possess effective communication skills.

Benefits & Perks:
  • Health Benefits: Medical, Dental, Vision, Life
  • Company sponsored EAP - Employee Assistance Program
  • 401(k) with 100% match up to 3% after 1 year of service
  • PTO: Vacation, Sick, Personal, and Holidays
  • Employee Discount
Employer 99cent Only Stores

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