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Director, Allocation Strategy

Posted on Apr 6, 2021 by Old Navy

San Francisco, CA 94101
Retail Trade
Immediate Start
Annual Salary

About the roleOld Navy makes current American fashion essentials accessible to every family. From day one, Old Navy was a revolution. We were something the world had never seen - fabulous, affordable fashion. We didnt take ourselves too seriously, and we broke the industrys rules. We said fashion didnt have to be just for rich people - it could be for everyone. We opened our first store in 1994 in San Francisco and have been on a roll ever since. Today, customers can shop for their must-have fashion essentials online as well as in one of our 1,000+ stores located globally.

When you work at Old Navy, you're choosing a different path (and a pretty awesome one at that). We believe that style and quality should be accessible to everyone and we work hard to make that possible. Truth is, in fashion, it's easy to be exclusive. It takes a lot more creativity, guts and drive to be inclusive. What we believe in today is exactly what we believed in when we started: we're on a mission to democratize fashion and make shopping fun again. Sound good to you?

Old Navy - a brand for everyone, a place for you.
The Inventory Management Director is accountable for the strategy and coordination for the development, communication, and attainment of division/subdivision inventory management financial plans and goals. The IM Director leads the division or sub-division through the successful development, execution and communication of financial and inventory plans and strategies to meet or exceed sales, gross margin, GMROI and inventory goals. The IM Director is accountable for the continual success of the division/subdivision including articulating vision, measuring and developing talent, and ensuring successful operations of teams.


People Management

what youll do
Manage team of Inventory Managers, Inventory Planners and Inventory Analysts and provide leadership by creating a collaborative, innovative and results-orientated environment
Balance workload priorities across division and departments to ensure successful execution of inventory management
Drive career development and skill development of teams to ensure job satisfaction, retention and future talent development
Accountable for communication of brand, business unit, and division strategies
Business Process Management

Evaluate and recap seasonal performance to influence future strategies
Develop seasonal flow forecasting strategies that incorporate DC and store inventory levels and store delivery timing
Lead continuous improvement process of IM processes to ensure ongoing effectiveness and efficiency
Financial Planning & Forecasting

Develop and communicate comprehensive (seasonal and long-term) division financial & product strategies
Ensure alignment of division plans to business unit objectives
Lead development of annual, seasonal, monthly and weekly merchandise plans
Develop allocation strategies that support pre-season and in-season objectives
Develop in-season financial strategies including pricing, promotions and markdowns that are optimized to deliver financial targets
Lead monthly open-to-buy process
Manage the reconciliation of business unit financial plans
Plan Management - Allocation

Guide department and divisional inventory parameters and replenishment plans to ensure alignment with strategic targets and consistency at division level
Develop allocation strategies that support pre-season and in-season objectives
who you are
Skills Required:

Organizational Savvy: Able to build constructive and effective relationships and use them to maneuver through complex situations
Influencing & Negotiation: Can present ideas and directions that lead others to action
Relationship Management: Able to build constructive and effective relationships with a broad and diverse group of business partners
People Management: Establish clear direction and provides a empowering and challenging environment that brings out the best in people
Strategic Agility: Can create and articulate credible visions and competitive strategies
Financial and Business Acumen: Ability to evaluate financial and business indicators and translate data into actionable information to drive results; proficiency in retail math
Problem Solving & Decision Quality: Able to use rigorous logic and methods to solve problems with effective solutions
Planning & Priority Setting: Demonstrate an ability to set objectives and goals and organize work appropriately to meet and exceed goals
Process Management: Can identify and articulate the processes and resources necessary to get things down efficiently and effectively
Systems and Tools Acumen: Proficiency in Microsoft Excel, and have aptitude to learn technical applications quickly
Risk Management: Anticipate risks and identifies contingency plans and processes to prevent disruptions when risks occur
Possess strong organizational and time management skills
Demonstrates strong listening, written and oral communication skills
Bachelors degree or equivalent experience
7-10 years work experience, preferable in Inventory Management
4 years of supervisory experience

Reference: 1152695898

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