Michael Kors is always interested in hearing from talented, globally-minded individuals with a passion for fashion. If you enjoy working in a creative, fast-paced environment, then we would love to hear from you! — Who You Are: Michael Kors is looking for an Allocator who will be responsible for the merchandise allocation for a global retail business with the objective of meeting financial and merchandising goals. The Allocator will help to identify opportunities at a store level and communicate them to the team in order to drive business.
Duties
include initial purchase order allocation, maintenance of warehouse back stock, managing transfers and reorders and partnering with buying and planning team to ensure proper merchandise assortment by door. Strong analytical skills, creative problem-solving skills and ability to thrive in an entrepreneurial environment are a must. What You’ll Do: Manage purchase orders from initial allocation through end of life cycle of merchandise, including replenishment and consolidation of goods to other stores or channels. Manage overall store inventory levels based on store capacity, attributes, seasonality and selling curves. Monitor flow of initial assortments as well as reorders to stores by classification, delivery/group and by style whenever necessary. Identify and communicate sales opportunities and stock liabilities by door on a regular basis. Ensure that buy quantities and stock levels meet current sales trends and maximize readiness for key selling time periods. Ensure strong stock position by door on core, seasonal basics and item programs. Partner with the Buying team to maximize sales and profit by monitoring sales and stock penetrations on key programs as well as clearance and aging by door. Manage basic stock replenishment programs. Take ownership of warehouse inventory and aged inventory by door. Be aware and highlight any shipping issues that may affect business. Partner with Planner to recap business at by door level and create best seller/hindsight reports on a weekly, monthly and quarterly basis to allow for a thorough analysis of the business. Communicate and champion needs of the stores. Establish strong relationships with buying/planning team and stores in order to better understand merchandising strategies and needs of the business. Visit stores at least once a month with the team Initiate and develop actionable analysis to recap business by classification and subclass at a store level in order to partner with planning and buying team to determine store attributes and create strategies to drive sales and achieve gross margin profitability by door. Recommend changes and/or enhancements to the current procedures and systems for the allocation and replenishment functions. You’ll Need to Have: Minimum Bachelor’s Degree Preferred interest in Finance, Accounting, and/or Supply Chain 0-1 Years of Planning or Allocation
Experience
Computer Literate – Advanced Excel Skills Ability to work in NYC office 3 days a week We’d Love to See: You’re a numbers person who enjoys exposure to product Strong analytical and creative problem-solving skills Ability to thrive in an entrepreneurial environment MK Perks: Generous Paid Time Off & Holiday Calendar Summer Fridays Internal Mobility Across Brands Cross-brand Discount Exclusive Employee Sales Fav 5 Cards (MK Discount for friends and family) 401k Match Paid Parental Leave Thrive Wellness Program Commuter
Benefits
Gym Discounts — The Company is an equal employment opportunity employer. The Company’s policy is not to unlawfully discriminate against any applicant or employee on the basis of race, color, sex, sexual orientation, gender identity, religion, national origin, age, military status, disability, genetic information or any other consideration made unlawful by applicable federal, state, or local laws. The Company also prohibits harassment of applicants and employees based on any of these protected categories. At Capri Holdings Limited, we are committed to providing a fair and accessible recruitment process. If you require a reasonable accommodation for the interview or application process, please contact our Talent Acquisition team at CapriTalentAcquisition@CapriHoldings.com. In compliance with certain Pay Transparency laws, employers are required to disclose a compensation range. The range for this position will vary based on role requirements, skill set, and years of experience. Please note that for salaried roles, the figures reflect full-time equivalency, while for hourly roles, the figures represent the applicable hourly rate. Compensation Range: 45,000.00 - 66,000.00 USD Michael Kors is a world-renowned, award-winning designer of luxury accessories and ready-to-wear. His namesake company, established in 1981, currently produces a range of products under Michael Kors Collection, Michael Kors, and Michael Kors Mens, including accessories, ready-to-wear, footwear, watches, jewelry, and a full line of fragrance products. Michael Kors stores are operated in the most prestigious cities in the world, including New York, Los Angeles, Chicago, London, Milan, Paris, Dubai, Seoul, Tokyo, Hong Kong, Shanghai, and Rio de Janeiro. In addition, Michael Kors operates digital flagships across North America, Europe, and Asia, offering customers a seamless omnichannel experience. At the center of it all is a designer who has created an enduring and iconic luxury lifestyle brand with a distinctive point of view and global reach. Michael Kors has a sharp focus on providing his customers with accessories and clothes that are consistently polished, chic, relaxed, and glamorous. Kors has also been the recipient of numerous industry awards and accolades within the fashion industry. The fashion designer also focuses on giving back. For more than 35 years he has been a passionate supporter of God’s Love We Deliver, a New York-based non-profit organization that cooks and delivers nutritious meals to people living with serious illnesses in and around New York City. In 2013, in a move to broaden his philanthropic efforts, Michael Kors launched “Watch Hunger Stop,” partnering with the United Nations World Food Programme (WFP) to help fight world hunger. Proceeds from annual special-edition products and other targeted initiatives help provide food to children through WFP’s school meals program. To date, Michael Kors has helped WFP deliver over 35 million meals (and counting) to hungry children. For more information on how Capri Holdings Group uses your personal data, please see our Applicant Privacy Notice.