Prada→
Retail Merchandise Allocator - Women's RTW at Prada in New York, NY
Skills
Job Description
Summary: Prada is a world leader in the luxury sector, known for its tradition of excellence and innovation. The Retail Merchandise Allocator plays a critical role in ensuring optimal inventory levels and executing allocation strategies to maximize sales and productivity across stores.
Responsibilities:
- Develop and execute allocation strategies that support sales, sell-through, and inventory goals across all stores/channels
- Manage weekly replenishment and initial allocations to ensure optimal inventory levels by location, size, and style
- Analyze store performance, selling trends, and inventory positions to make proactive allocation adjustments
- Ensure new store openings, remodels, and special events receive appropriate inventory support
- Own PO management across stores
- Improve inventory productivity by strategically allocating and proactively rebalancing
- Monitor stock levels and identify opportunities to maximize full-price selling and minimize markdown risk
- Recommend transfers, consolidations, and rebalancing actions to improve productivity and reduce liabilities
- Maintain a deep understanding of store clusters, capacity, and selling patterns to inform allocation decisions
- Produce and analyze weekly reporting on store performance, inventory health, and allocation effectiveness
- Identify trends, risks, and opportunities and communicate insights to the Merchandising Director
- Partner with Distribution and Logistics to ensure timely and accurate execution of allocation decisions
- Serve as a subject-matter expert on allocation systems, tools, and best practices
- Recommend and implement process improvements to increase efficiency, accuracy, and visibility
- Assist in generating competitive analysis and trend reports
- Create support materials for special package PowerPoints
Required Qualifications:
- 1+ years of experience in Merchandising
- Strong organizational skills, multitasking, and prioritizing capabilities
- Attention to detail and strong written and oral communication skills
- Advanced in Microsoft Office Excel and PowerPoint
Preferred Qualifications:
- Experience in the Luxury industry preferred
Required Skills: Merchandising, Luxury industry knowledge, Microsoft Excel, Microsoft PowerPoint