TFG (The Foschini Group) is a South African fashion lifestyle retailer & comprises of 22 fashion forward brands.
Our range includes some of the leading fashion, home wear, sportswear, cellular and jewellery brands in the country, as well as a host of innovative financial services. TFG comprises of the following 22 exciting retail brands; @home, @homelivi...
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The Allocator is responsible for supporting the implementation of the Merchandise Strategy by conducting store and merchandise-related analysis. They liaise with suppliers, stores, and the Distribution Centre regarding stock levels, deliveries, and general queries, ensuring effective stock management and timely delivery of stock.
Responsibilities
Store Assortment/Profiling: Understand the unique nuances of different Fabiani stores to tailor product mixes to build an assortment plan aligned with strategic store requirements.
New Stores: Develop new store plans and ensure balanced assortment/ opening readiness. Collaborate with both DC and retail operations to deliver new door opening.
Current Trade: Analyse store KPIs and lead discussions to maximize store sales, clearance, and space. Collaborate on in-season store sales re-forecasting with merchandise planners. Convert store sales plans to stock plans and report variances for further analysis.
Stock Distribution: Execute the daily allocation of new merchandise and replenishment of core lines across all stores, ensuring stock levels align with store capacity and sales potential.
Stock Management: Maintain optimal stock-to-sales ratios. Collaborate with the DC teams to ensure timely delivery and resolve any discrepancies.
Planning Support: Assist the planning and buying teams during seasonal reviews by providing data on size curves and category performance.
Pre-season Store Strategy: Develop seasonal strategies aligned with previous seasons' learnings and growth opportunities.
Qualifications
Tertiary Qualification in Retail, Business Science, Commerce, or a related analytical field.
Experience: 2-3 years of experience in a retail allocation or distribution role is preferred, though high-potential graduates will be considered.
Skills:
Strong business acumen with proven negotiation and decision-making abilities.
Proficient in Excel and ERP software.
Well-rounded with excellent organizational and planning skills.
Exceptional communication skills and a great team player.
Ability to work under pressure to meet tight deadlines.
Behaviours:
Communicates Effectively - conveys information and communicates ideas in a clear, concise and impactful manner
Customer Focus - understands, anticipates, and meets the needs and expectations of customers
Ensures Accountability - takes accountability and ensures others are held to account on agreed upon performance targets
Plans and Aligns - develops plans and prioritises initiatives that align to the organisational goals and objectives
Tech Savvy - leverages new technology to enhance productivity, improve problem solving, and support business growth
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