At Torrid, we're committed to cultivating a welcoming, inclusive and diverse culture driven by a focus on open dialogue, empowerment, recruiting, training, development and retention. We believe inclusion of diverse backgrounds and perspectives is fundamental to our success.
The Allocation Manager will lead a team of allocation analysts to ensure inventory levels, assortments, quantities, and size are appropriate to achieve Torrid’s sales and profitability objectives.
What You’ll Do:
- Support merchandise financial plans, inventory turn objectives, regional variances and store attributes across merchandise categories.
- Direct the activities of your allocation team, partnering with the merchants and planners to develop and execute consistent strategies.
- Direct and manage the process for store ranking and attributing for the major buys, assessing volume rank and capacities.
- Manage store and store category inventory to appropriate levels, and initiate adjustments as needed to support sales and minimize unproductive excess.
- Monitor stores and styles to ensure that all appropriate model levels are maintained, fulfilled, and adjusted as needed for key items, out of stock, and fashion.
- Lead, develop, and motivate the allocation team. Train associates on all aspects of allocation and replenishment (process, models, ranks, systems, etc.), and ensure consistent application and use of best practices.
- Support Information Systems for allocation, collaborating with the IT team as necessary. Evaluate and recommend enhancements to systems and tools to drive accurate allocation.
- Work closely with cross functional partners in Store Operations, Merchandising, and Planning to identify business opportunities and minimize risks.
- Build strong collaborative partnerships to meet our shared goals.
What You’ll Need:
- Bachelor's degree in Merchandising or Business, or equivalent experience preferred.
- 5+ years of retail experience in allocating and analyzing data required.
- Proficiency in Word, Excel and Outlook (Microsoft Office Suite).
- Prior experience with retail allocation systems including JDA / Blue Yonder, Oracle, SAS, Tools Group or other large-scale systems is preferred.
What You'll Get:
- A culture where people are accepted and encouraged to be who they are.
- Competitive compensation, 401k with company matching contribution, plus potential to earn company performance-based bonuses.
- Comprehensive wellness package including, medical, dental, vision, and Flexible Spending Account
- Generous 50% employee discount and access to employee-only sales.
- Support the causes you’re passionate about. We pay you up to 32 hours annually for volunteering your time in the community.
- Child Care Discount at participating locations.
- Tuition reimbursement program
- Employee Assistance Program (EAP) - Aimed at helping employees address a variety of personal and family issues including legal financial consultations, mental health services and more.
- Discounts on cell phones, and computer purchases, entertainment tickets and more.
- Pet insurance for your fur babies.
- Work and learn alongside industry-leading executives while making huge strides in impacting the lives of women.
- You’ll be challenged and grow. Opportunity for upward mobility is available at all levels of the organization.
Salary: $101,429 - $123,865 We are a proud Equal Opportunity Employer and will not discriminate based on race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, protected veteran status or any other protected status. If you are unable or limited in your ability to use or access www.torridcareers.com you can request reasonable accommodations by sending an email to
[email protected]. Only messages left for this purpose will be returned. Our company participates in
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