Allocator

Job Description

Fabletics is currently looking for an Allocator for our rapidly growing retail business.

Why Work for Us?

Fabletics gives professionals across the globe access to a career they want at a company they're passionate about. We love fashion! Through our curated approach, Fabletics reaches over 2 million VIP members worldwide - giving our customers access to on-trend athletic wear fashions at a price they love.

How Do You Fit In?

As the Allocator you will be responsible for inventory management, analysis, and performance reporting for the retail channel. In addition, the Allocator will help drive the team's success by providing insights into detailed planning KPIs. The right candidate will be a problem solver with strong analytical skills and business acumen. The candidate should be detail oriented, curious, and work well in a team environment. This role is critical to the growth of Fabletics and will play an intricate role in the Allocation department as well as work closely with the Planning, Merchandising, Marketing and Store Operations Team.

This position will report to the Allocation Manager.

Responsibilities:

• Facilitates and executes the allocation analysis to distribute inventory to all sales channels for a specified time horizon
• Reviews and assesses' risk on sales plan gaps based on allocated inventory to sales channels
• Facilitates weekly buy in with planning on allocation changes, reasons, and impact
• Assists Sr. Allocation Analysts and Allocation Manager in resolving their exceptions
• Drives improvements to allocation process in both accuracy and speed to better support channels
• Reviews financial implications for changes in supply week over week within the allocation analysis
• Review projected inventory and identify deficiencies with planning & allocation to resolve
• Reviews fill rate discrepancies and identify resolution paths
• Coordinates cross functional escalations necessary to resolve issues or exceptions
• Drives necessary collaboration with Visual Merchandising and Retail Buyers
• Escalates related forecasting/logistics issues that impact allocation planning

Required Skills:

• Bachelor's degree, business/finance/accounting degree preferred.
• Minimum 1 year of wholesale/retail apparel allocation and inventory management experience
• Solid understanding of financial measurements including sales, gross margin, inventory turn, ST%, weeks of supply and how to impact them
• Expertise in retail math
• Advanced proficiency in Microsoft Excel
• Excellent analytical skills
• Strong problem-solving skills
• Flexible and adaptive to changing priorities; ability to organize and prioritize workload to meet deadlines
• Ability to build and maintain productive relationships with peers and cross-functional teams
• Ability to work independently on simultaneous projects in a fast-paced environment
• Ability to work under pressure in an environment of constant change and shifting priorities.
• Demonstrate strong listening, written, and communication skills
• Excellent time management and organizational skills
• Ideal candidate brings foundational AI literacy, including experience using generative AI tools, and a proactive mindset to experiment with new technologies to drive productivity and innovation.

Where we are:

• This role will be based in our El Segundo Headquarters

Compensation & Total Rewards:

At Fabletics, we believe work and life should fit together! We continue to build a culture of flexibility, to empower you to do your best and put yourself first. Our Total Rewards program rewards employees for their hard work, supporting their health, well-being, families, and ultimately their life journey. Total Rewards at Fabletics includes:

• Hybrid Work Schedule*

• Discretionary Paid Time Off*

• Summer Fridays*

• Healthcare Plans

• Employee Discounts

• 401k

• Annual Bonus Program

• Equity Program*

• And More

• Varied for retail, fulfillment and fully remote roles.

The annual base salary range for this position is from $71,000-$72,000. The range provided includes the base salary that Fabletics expects to pay for the role. Offered base salary will be dependent on factors including the scope and complexity of the role, candidate's related work experience, subject matter expertise and work location.

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Security Alert: Protect yourself from scams

At Fabletics, we're dedicated to recruiting top talent who share our drive for innovation. To safeguard candidates, Fabletics emphasizes legitimate recruitment practices. Initial communication is primarily via official email addresses and LinkedIn; beware of deviations. Personal data and sensitive information will not be solicited during the application phase. Interviews are conducted via phone, in person, or through the approved platforms Teams or Zoom-never via messaging apps or other calling services. Offers are merit-based, communicated verbally, and followed up in writing. If personal information is requested to initiate the hiring process, rest assured it will be through secure and protected means.

Fabletics, Inc. is an equal opportunity employer. We recruit, employ, compensate, develop, and promote regardless of race, national origin, religion, sex, sexual orientation, gender identity, age, disability, genetic information, veteran status, and other protected status as required by applicable. At Fabletics, Inc., we champion a vibrant workplace culture that thrives on diversity law and do not tolerate discrimination or harassment. We are one team from many backgrounds, innovating through diversity of individuals, who are driven by passion for creating an inclusive space for all. Fabletics, Inc. will continue to champion a workplace culture that prizes diversity and inclusivity.

We encourage you to apply regardless of meeting all qualifications and/or requirements.