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Become An Allocation Analyst

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Working As An Allocation Analyst

  • Analyzing Data or Information
  • Getting Information
  • Interacting With Computers
  • Interpreting the Meaning of Information for Others
  • Communicating with Supervisors, Peers, or Subordinates
  • Mostly Sitting

  • Make Decisions

  • $62,150

    Average Salary

What Does An Allocation Analyst Do At Dollar General

* Assist Allocation Planners and Director of Allocations with data requests and reporting
* Review and complete all import sku level merchandise splits, use ASP solution and transfer to IP
* In season item analysis and basic stock level adjustments
* Handle store allocation exception inquiries from the field
* Analysis for special merchandise allocation projects
* Assist Allocation planner with completion of assortments during peak periods
* Strong Excel or spreadsheet skills, strong analytical skills, organizational skills, good communication skills (both verbal and written), flexible, team player, customer driven.
* Knowledge of basic merchandising and allocation principles.
* Knowledge of analytical and planning principles for a retail business.
* Knowledge of analytical and planning systems and tools such as ARTHUR and Data Warehouses

What Does An Allocation Analyst Do At Belk, Inc.

* Execute all associated allocations for initial buy, delayed allocation and re-flow orders for stores and e Commerce.
* Analyze current sales trend, inventory levels and past selling history to develop distribution strategies and execute allocations to achieve optimal inventory levels by store.
* Analyze and manage replenishment programs and support development of style/SKU counts and replenishment strategies by location/cluster
* Develop seasonal and annual size profiles based on appropriate size strategies and analysis
* Optimize number & size distribution of case packs to maximize sales and margin
* Perform allocation effectiveness hindsighting to improve allocations & drive future profitability
* Drive clustering process as well as reacting in-season to opportunities to manage stores and clusters

What Does An Allocation Analyst Do At Burlington

* Ensure that the right merchandise is being sent to the right stores at the right times and in the right quantities in order to maximize sales.
* Manage and manipulate data and spreadsheets to analyze and accurately predict how merchandise should be allocated and distributed throughout the company.
* Work alongside Buying and Planning team members to understand the off-price business model and execute the business strategy effectively.
* Trouble-shoot and resolve allocation issues with appropriate individuals so that timely allocation of merchandise can be achieved.
* Escalate urgent errors or requests for clarification to the appropriate business partner.
* Reflect on and evaluate data to determine where improvements and changes can be made to existing strategy.
* Ensure Pack and Hold items are released in accordance with release plan.
* Review and release DC reserve allocations bi-weekly.
* Qualified candidates must have a Bachelor’s degree and basic Microsoft Excel abilities

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How To Become An Allocation Analyst

Most market research analysts need at least a bachelor’s degree. Top research positions may require a master’s degree. Strong math and analytical skills are essential. 

Education

Market research analysts typically need a bachelor’s degree in market research or a related field. Many have degrees in fields such as statistics, math, and computer science. Others have backgrounds in business administration, the social sciences, or communications.

Courses in statistics, research methods, and marketing are essential for these workers. Courses in communications and social sciences, such as economics or consumer behavior, are also important.

Some market research analyst jobs require a master’s degree. Several schools offer graduate programs in marketing research, but many analysts complete degrees in other fields, such as statistics and marketing, and/or earn a master’s degree in business administration (MBA). A master’s degree is often required for leadership positions or positions that perform more technical research. 

Licenses, Certifications, and Registrations

Certification is voluntary, but analysts may pursue certification to demonstrate a level of professional competency. The Marketing Research Association offers the Professional Researcher Certification (PRC) for market research analysts. Candidates qualify based on experience and knowledge; they must pass an exam, be a member of a professional organization, and have at least 3 years working in opinion and marketing research. Individuals must complete 20 hours of industry-related continuing education courses every 2 years to renew their certification.

Important Qualities

Analytical skills. Market research analysts must be able to understand large amounts of data and information. 

Communication skills. Market research analysts need strong communication skills when gathering information, interpreting data, and presenting results to clients. 

Critical-thinking skills. To determine what marketing strategy would work best for a company, market research analysts must assess all available information.

Detail oriented. Market research analysts must be detail oriented because they often do precise data analysis.

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Allocation Analyst jobs

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Allocation Analyst Demographics

Gender

  • Female

    71.1%
  • Male

    26.9%
  • Unknown

    2.1%

Ethnicity

  • White

    77.2%
  • Hispanic or Latino

    10.9%
  • Asian

    9.3%
  • Unknown

    1.9%
  • Black or African American

    0.6%
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Languages Spoken

  • Spanish

    32.5%
  • Mandarin

    10.0%
  • German

    7.5%
  • Cantonese

    7.5%
  • French

    7.5%
  • Russian

    5.0%
  • Japanese

    5.0%
  • Arabic

    5.0%
  • Italian

    5.0%
  • Hindi

    2.5%
  • Chinese

    2.5%
  • Ukrainian

    2.5%
  • Carrier

    2.5%
  • Bengali

    2.5%
  • Urdu

    2.5%
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Allocation Analyst

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Allocation Analyst Education

Allocation Analyst

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Real Allocation Analyst Salaries

Job Title Company Location Start Date Salary
Asset Allocation Analyst Wellington Management Company LLP Boston, MA Jul 28, 2016 $132,000 -
$140,000
Asset Allocation Analyst Wellington Management Company LLP Boston, MA Feb 19, 2016 $127,000
Asset Allocation Analyst Wellington Management Company LLP Boston, MA Oct 01, 2013 $120,000
Asset Allocation Analyst Wellington Management Company LLP Boston, MA Sep 20, 2010 $120,000
Asset Allocation Analyst Wellington Management Company LLP San Francisco, CA Nov 30, 2015 $113,500
Asset Allocation Analyst Wellington Management Company LLP Boston, MA May 19, 2014 $110,000
Asset Allocation Analyst Wellington Management Company, LLP Boston, MA Jan 07, 2015 $95,000 -
$130,000
Allocation Analyst Tarte, Inc. New York, NY Aug 22, 2016 $90,000
Floral Product Sales and Allocation Analyst Florexpo, LLC. Carlsbad, CA Sep 23, 2016 $70,000
Marketing Allocations Analyst Forever 21, Inc. Los Angeles, CA Jan 01, 2010 $67,246 -
$81,432
Marketing Allocations Analyst Forever 21, Inc. Los Angeles, CA Sep 26, 2011 $63,731 -
$85,000
Floral Product Sales and Allocation Analyst Florexpo, LLC. Carlsbad, CA Sep 17, 2016 $60,000

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Top Skills for An Allocation Analyst

MerchandiseProblemsConsumerBuyingPatternsCurrentSalesTrendsPurchaseOrdersSKUMaximizeSalesDistributionCentersStorePlansStoreInventoryLevelsStockLevelsWeeklyDistributionStrategiesApparelDriveSalesMenStorePerformanceFootwearNewStoreOpeningsMerchantsRetailStoresCustomerService

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Top Allocation Analyst Skills

  1. Merchandise Problems
  2. Consumer Buying Patterns
  3. Current Sales Trends
You can check out examples of real life uses of top skills on resumes here:
  • Communicated with distribution center on a daily basis and resolve merchandise problems in a timely manner.
  • Analyzed sales trends, anticipating consumer buying patterns and fashion trends.
  • Conduct periodic reviews to assure buy quantities and stock levels meet current sales trends.
  • Review receiving schedule daily and provide allocations for all purchase orders.
  • Identified opportunities for upcoming promotions by analyzing inventories and sales history at a style/sku level by store.

Top Allocation Analyst Employers