VF Corporation The North Face: Allocation Analyst in Denver, Colorado
The North Face: Allocation Analyst
VF Corporation outfits consumers around the world with a diverse portfolio of iconic lifestyle brands, including Vans®, The North Face® , Timberland® , and Dickies® . Founded in 1899, VF is one of the world’s largest apparel, footwear and accessories companies with socially and environmentally responsible operations spanning numerous geographies, product categories and distribution channels. We’re committed to delivering innovative products to consumers and creating long-term value for our customers and shareholders.
We are a purpose-led company that seeks not only to succeed in business, but also to leverage our success and resources to make the world better. Through our brands and nearly 70,000 associates around the world, we power movements of sustainable and active lifestyles for the betterment of people and our planet. We are movement makers. It’s who we are and have always been.
While our company and brands are diverse, we work together within a One VF culture to capitalize on our greatest opportunities for long-term performance. Across our company, a collaborative, global mindset differentiates our products and the unique experiences we provide to our consumers. It all adds up to a lasting competitive advantage built on harnessing the power of our differences to achieve great things together, all while positively impacting the lives of hundreds of millions of people and the world.
Plan a future with The North Face and help us drive the business. As the Retail Allocation Analyst, you are an integral role in Direct to Consumer (DTC) and act as the primary liaison to the Buying, Planning, Store Operations, Distribution Center, and Field teams to execute and support the vision and financial objectives of The North Face. You will be responsible for the initial set allocation and replenishment functions supporting all retail locations of The North Face. You will collaborate with the Buyer and Planner to drive financial results - maximizing sales and managing inventory at the location level, determining appropriate inventory levels and improving turn. You will consistently monitor the performance of assigned classifications to ensure inventory levels, assortments, quantities, and size availability are aligned to achieve the company’s sales and profitability objectives.
Develop and execute merchandise allocation strategies in analyzing reports and making independent decisions that support merchandise financial plans, inventory turn objectives, regional variances, and store attributes for assigned departments.
Review classification/style performance weekly and adjust allocation strategy to maximize sales opportunities and minimize markdown liability. Create and analyze ad-hoc reporting as needed to drive allocation/business decisions.
Analyze sales and inventory reporting to determine allocation approaches that address sku-level needs at the store level.
Execute New Store assortment/inventory builds, including partnering with Visual, Store Operations, the DCs, and Logistics.
Regularly visit stores to understand impact of visual guideline, product density and in store business trends.
Analyze assortment plans with the merchant team to ensure their vision is aligned with allocation needs.
End of Season Business Review:
Review store performance vs. allocation plan
Analyze performance of seasonal products to identify opportunities and risk.
Years of Related Professional Experience: 1-2 years of experience in Retail and/or an analytical career
Educational/Position Requirements: Bachelor's degree in related field or equivalent combination of education and years of experience.
Able to organize and prioritize workload to meet deadlines.
Demonstrate logical analysis and problem-solving skills.
Possess an ability to understand financial measurements and how to impact them.
Demonstrate strong listening, written and oral communication skills.
Able to deliver strong and thorough presentations, clearly identifying business issues and decisions.
Able to build and maintain productive relationships with cross-functional teams.
Special Physical and/or Mental Requirements:
- Travel Required: No
$51,840.00 USD - $77,760.00 USD annually
Annual Incentive Eligibility :
This position is eligible to participate in VF's Annual Incentive Plan. Incentive Plan awards are contingent upon (1) achievement of your individual objectives and (2) VF achieving its' Corporate and business level financial objectives.
Long Term Incentive Eligibility :
This position is not eligible for long term incentive.
Benefits at VF :
You can review a general overview of each benefit program offered, including this year's medical plan rates on www.MyVFbenefits.com and clicking, Looking to Join VF? Detailed information on your benefits will be provided during your onboarding process.
VF Diversity Vision Statement VF is committed to creating an inclusive environment that welcomes and values the differences among all of our associates, customers, suppliers and the communities in which we live and conduct business. The continued success and growth of VF is enhanced through initiatives that promote diversity throughout VF around the world.VF is an equal employment opportunity/ affirmative action employer of minorities, females, protected veterans and the disabled. VF is committed to providing equal opportunities in employment, and treating our VF associates and VF applicants without discrimination on the basis of their race, color, gender, age, national origin, religion, sexual orientation, gender identity or expression, marital status, citizenship, disability, protected veteran status, HIV/AIDS status, or any other legally protected factor.