Associate Allocation Manager

Who We Are:

Since 1906, New Balance has empowered people through sport and craftsmanship to create positive change in communities around the world. We innovate fearlessly, guided by our core values and driven by the belief that conventions were meant to be challenged. We foster a culture in which every associate feels welcomed and respected, where leaders and creatives are inspired to shape the world of tomorrow by taking bold action today.

JOB MISSION:

As the Associate Allocation Manager, you will be responsible for the performance management of the allocation team for all NA owned retail stores. You will be responsible for the development of and execution of the allocation plan and strategy with the goal of meeting/exceeding sales and gross margin targets, while maximizing in-stock and inventory turns. You will lead the team in defining and implementing allocation best practices and will also be the allocation/replenishment system expert. Partnering with buyers, you will lead the allocators to determine and maintain store groups and ranks on a seasonal basis and utilize the allocation and replenishment system to execute each product life cycle allocation and manage the replenishment strategy.

MAJOR ACCOUNTABILITIES:

• Responsible for the performance management of the allocation team for the NA owned retail stores

• Responsible for the hiring, on boarding, and training of new associates

Develop/Execute Allocation Strategies.

• Allocation/Replenishment system expert (SME) on the Allocation team. Understands A/R functionality and incorporates into Allocation/Replenishment strategies

• Lead and communicate directly with the Allocation team to share trends, allocation strategies, and methodologies

• Work jointly with buyers and planners to determine departmental and store level inventory projections and flow to support sales plans and achieve turn goals

• Manage auto replenishment and adjust based on sales trend, seasonal factors, and business needs

• Manage and track PO flow and inventory to retail stores

• Maximize shipping efficiency across the distribution network based on store and consumer location (Right product in the right location at the right time)

• Determine appropriate allocation strategy for product type based on product life cycle to minimize EOL inventory

• Develop allocation practices that consider store capacity, demand, and seasonality

Analysis

• Create tools and reports capable of zeroing in on specific business trends or monitoring progress/results on new business decisions. Lead and share learnings with Allocators and incorporate into workflow and best practices

• Provide inventory analysis and reporting that can be leveraged across team

• Evaluate Weeks of Supply and partner with buyers to execute End of Life Product strategies

• Responsible for managing the store capacity sheet for inventory risks and opportunities

REQUIREMENTS FOR SUCCESS:

* 5+ years of merchandise allocation experience

* Strong retail math skills.

* Excellent communication skills-including written, verbal and listening

* Strong analytical skills and strong attention to detail and accuracy

Regular Associate Benefits

Our products are only as good as the people we hire, so we make sure to hire the best and treat them accordingly. New Balance offers a comprehensive traditional benefits package including three options for medical insurance as well as dental, vision, life insurance and 401K. We also proudly offer a slate of more nontraditional perks - opportunities like online learning and development courses, tuition reimbursement, $100 monthly student loan support and various mentorship programs - that encourage our associates to grow personally as they develop professionally. You'll also enjoy a yearly $1,000 lifestyle reimbursement, 4 weeks of vacations, 12 holidays and generous parental leave, because work-life balance is more than just a buzzword - it's part of our culture.

Temporary associates are provided three options for medical insurance as well as dental and vision insurance and an associate discount.

Part time associates are provided 401k, short term disability, a yearly $300 lifestyle reimbursement and an associate discount.

Flexible Work Schedule

For decades we have fostered a unique culture founded on our values with a particular focus on in-person teamwork and collaboration. Our North American hybrid model encourages rich in-person experiences, showcasing our commitment to teamwork and connection, while maintaining flexibility for associates. New Balance Associates currently work in office three days per week (Tuesday, Wednesday, and Thursday). Our offices are fully open, and amenities are available across our North American office locations. To continue our focus on hybrid work we have introduced "Work from Anywhere" (WFA) for four weeks per calendar year. This model will help us enhance our culture while continuing to maintain elements of flexibility.

Equal Opportunity Employer

New Balance provides equal opportunities for all current and prospective associates and takes affirmative action to ensure that employment, training, compensation, transfer, promotion and other terms, conditions and privileges of employment are provided without regard to race, color, religion, national origin, sex, sexual orientation, gender identity, age, handicap, genetic information and/or status as an Armed Forces service medal veteran, recently separated veteran, qualified disabled veteran or other protected veteran.