The Inventory Planning & Allocation Specialist is responsible for managing inventory distribution across ten retail store locations and supporting warehouse replenishment activities in a fast-paced retail environment. This role focuses on maintaining balanced inventory levels through manual analysis, inter-store transfers, and replenishment planning due to continuously changing inventory needs and sales trends.
The ideal candidate is highly analytical, organized, detail-oriented, and able to make quick inventory decisions based on business demands, sales performance, and store needs.
• Manage inventory allocations across ten retail store locations to maximize sales opportunities and maintain balanced stock levels.
• Monitor inventory movement and store performance to identify replenishment needs, stock shortages, overstocks, and transfer opportunities.
• Coordinate and execute inter-store transfers to support inventory balancing and improve sell-through performance.
• Plan and manage replenishment from warehouse inventory to retail locations using manual review processes and reporting.
• Analyze daily sales trends, inventory levels, seasonal demand, and product performance to make allocation decisions.
• Ensure timely communication regarding transfers, replenishment, and inventory adjustments.
• Work closely with store managers, operations teams, and warehouse personnel to address inventory concerns and prioritize product movement.
• Identify slow-moving, excess, or aging inventory and recommend strategies to improve inventory productivity.
• Monitor incoming inventory and distribute products based on store needs, business priorities, and sales trends.
• Support inventory audits, cycle counts, and discrepancy investigations as needed.
• Generate and review inventory reports to support operational decision-making.
• Assist in developing and improving inventory planning processes and allocation strategies.
Qualifications
• Previous retail inventory planning, allocation, merchandising, or supply chain experience preferred.
• Strong analytical and problem-solving skills.
• Advanced organizational and time management abilities.
• Ability to work effectively in a fast-paced environment with changing priorities.
• Strong communication and collaboration skills.
• Proficiency in Microsoft Excel and inventory management systems preferred.
• Ability to make sound inventory decisions using manual analysis and business judgment.
Physical Requirements
• Ability to sit, stand, and work at a computer for extended periods.
• Ability to occasionally lift and move inventory or boxes up to [weight requirement].
Schedule Expectations
• Part-time position (20-25 hours per week), workdays are Saturday, Sunday, Monday.
• Additional hours may be required during peak retail periods, inventory events, or major product transitions.