Retail Stock Coordinator
4 weeks ago
Job Purpose
The Retail Allocator role is crucial in ensuring optimal stock levels across stores to meet customer demand and sales budgets.
Key Responsibilities:
* Analyze and track daily sales to inform strategic stock allocation decisions
* Update orders for expected deliveries and track outstanding orders with suppliers and stores
* Prepare mid-month and month-end reports to monitor stock levels and sales performance
* Replenish stock at the right time and right store to maintain optimal inventory levels
* Update the planner and follow up with suppliers to ensure timely delivery of stock
* Allocate new stock and update the new stores sheet to reflect changes in inventory
* Place orders for launch products and follow up until delivered to ensure timely arrival
* Analyze out-of-stock reports from stores and place orders where required to maintain optimal inventory levels
* Create ranks and grade stores accordingly to optimize stock allocation
* Allocate stock to stores according to sales performance and selloffs
* Analyze top and bottom-performers weekly to inform stock allocation decisions
* Process manual orders by analyzing stock on hand, sales, and replenishment models to ensure accurate inventory levels
* Analyze stock on hand of stores in the same region to identify opportunities for optimization
Requirements:
* Grade 12 (Matric)
* Retail Clothing experience
* 1-2 years Allocating experience
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