Allocator – Inventory Management

General Summary:

Allocators are responsible for managing the optimal deployment of fashion (non-schematic) merchandise to the stores within their assigned Category(s).  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. Incumbents in this position are responsible for embracing Family Dollar’s store-centric commitment to customers, customer service, inventory productivity, and sales.

Principal Duties & Responsibilities:

• Each Allocator is responsible for the fashion inventory deployment strategy and results for around 700 – 1,000 SKUs with sales totaling $110 - 150 million annually.

• Through collaborative efforts with cross functional teams, Allocators provide a detailed understanding of allocation execution strategy as well as provide a guide to understand merchant’s assortment vision.

• Monitor fashion inventory that is held in the DCs to timely allocation of seasonal merchandise to meet all sales and turn goals.

• Owners of assigning optimal volume grades to the stores.

• For each category post-season, collaborate closely with merchandise partners to provide post season analytics.  

• Work directly with the New Store Team and merchants to determine the seasonal assortment set for new stores for their assigned categories.

• Deliver results on assigned cross-functional projects with significant company impact

• Represent allocations in cross functional weekly meetings.

• 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(1) or more 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 Suite. Ability to develop, manipulate, format, and share spreadsheets for the purpose of analysis.  SQL, Retek, and Microstrategy experience preferred.

Projected Salary Range: $51,000 - $64,500 with annual bonus opportunity

Family Dollar is an equal opportunity employer and committed to recruiting, hiring, training, and promoting qualified people of all backgrounds, and make all employment decisions without regard to any protected status. We are committed to complying with the Americans with Disabilities Act (ADA) and providing reasonable accommodations to qualified individuals with disabilities

Full time510 Volvo Parkway,Chesapeake,Virginia 23320Inventory ManagementFamily Dollar