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Lids
Indianapolis, IN | Full Time
$183k-257k (estimate)
1 Week Ago
Director of Allocation
Lids Indianapolis, IN
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$183k-257k (estimate)
Full Time 1 Week Ago
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Lids is Hiring a Director of Allocation Near Indianapolis, IN

About Our Company

Lids Sports Group is the largest licensed sports retailer in North America, selling fan and fashion-oriented headwear and apparel across the US, Canada, Mexico, Europe, and Australia. Operating out of Indianapolis, IN, our retail stores offer officially licensed headwear and apparel from collegiate and professional sports teams, plus top brands like Nike, New Era, Adidas, and Mitchell & Ness.

We currently operate 1,200 locations domestically and 50 internationally, including specialty concept stores for the NBA, NHL, Paris Saint-Germain, and numerous MLB teams. In recent years, Lids has built partnerships with iconic global brands including Marvel, Playboy, and the Harlem Globetrotters, and gained ambassadors like Justin Jefferson, Quavo, and Josephine Skriver – creating a community for both sports fans and fashion lovers.

The company is currently expanding with the goal of becoming the largest licensed brick-and-mortar sports retailer across the globe.

General Position Summary

The Director of Allocation is responsible for leading the Allocation Team and oversees the management and evolution of the allocation process, creating and executing effective inventory deployment strategies, and managing inventory levels to support financial plans. This leader is a pivotal partner to Buying, Planning, Field Operations, and DC leadership. This position supervises several direct reports in addition to owning allocation strategies for all product categories and managing special projects. A dynamic problem-solver with effective communication skills, ability to influence others, and adapt quickly with competing priorities will be critical to delivering the company’s inventory productivity objectives.

Principle Duties and Responsibilities

  • Develop and implement effective allocation strategies that align with organizational goals and objectives. Monitor and evaluate the effectiveness of these strategies, adjusting as necessary.
  • Drive initiatives to maintain healthy instock levels on key items and effective management of inventory deployment (flow, weeks of supply, excess inventory).
  • Lead and mentor a team of Allocation Analysts to ensure business needs are met and the team is supported with continuous development opportunities.
  • Lead the evolution, testing, and validation of allocation/replenishment calculations and logic that improves inventory productivity and business results.
  • Develop, enhance, and manage analytics reporting to deliver actionable insights, drive key initiatives, and monitor KPI performance and trends.
  • Pursues increased systems/process efficiencies to drive toward automation.
  • Support team members and new hires with sharing of best practices, new tools and processes, systems, allocation logic, and ongoing training needs.

Additional Principal Duties and Responsibilities

  • Collaborate with department leads to understand their business needs and priorities.
  • Partners with store operations to address inventory needs and concerns at the store, region, or district level.
  • Maintain and update training content for Allocation/Replenishment systems.
  • Serve as a primary point of contact between IT, Merchandising, Store Operations, and/or DC Operations teams.
  • Communicate effectively and persuasively with employees at all levels of the company.
  • Continued training & education of industry best practices, software capabilities, and other learning/development opportunities to foster growth, understanding, and effectiveness.
  • Support and adhere to all company policies, procedures, and guidelines.
  • Provide excellent customer service as outlined in the HW&L policy manual.
  • Other duties, special projects, and ad hoc requests as assigned.

Job Required Knowledge & Skills

  • Leadership: Demonstrated leadership ability, with experience leading and developing high-performing teams.
  • Analytic Skills: Strong analytical skills and the ability to interpret complex data to inform decision-making.
  • Strategic Mindset: Ability to think critically and creatively to solve problems.
  • Financial and Business Acumen: Ability to mine for data, transform data into meaningful insights, and effectively communicate content to individuals and groups.
  • Problem Solving & Decision Quality: Ability to use rigorous logic and methods to solve problems with effective solutions.
  • Relationship Management: Ability to build constructive and effective relationships with a broad and diverse group of business partners, both internally & externally.
  • Dealing with Paradox: Ability to balance conflicting & competing priorities. Delivering a set of options, detailing impacts for each while driving to a single recommendation.
  • Influencing and Negotiation: Can present ideas and directions that lead others to action.

Additional Job Required Knowledge & Skills

  • Planning and Priority Setting: Ability to set objectives/goals and organize work appropriately to meet and exceed goals.
  • Process Management: Can identify and articulate the processes necessary to get things done efficiently and align resources effectively to complete activities.
  • Systems and Tools Acumen: Advanced capabilities in Microsoft Excel, Power BI, PowerPoint, Word, and Outlook. Must also have aptitude to learn technical applications quickly.
  • Risk Management: Anticipate risks and identifies contingency plans and processes to prevent disruptions when risks occur.
  • 5-7 years of experience in inventory management, allocation, replenishment, merchandising, or related field.
  • Bachelor’s Degree in Business, Finance, Marketing, Fashion Merchandising, or a related field is preferred.
  • Proven ability to perform independently with minimal supervision.
  • Strong follow-up skills including issues-tracking & resolution critical for success in this role.
  • Sitting required for up to 90% of the work time.
  • Viewing a computer screen for up to 90% of the work time.
  • Operating a computer keyboard for up to 90% of the work time.

Reports To

Vice President – Allocation

#LI-MA1

EEO Statement:
Hat World, Inc., Lids Holdings, Inc., dba Lids and subsidiaries is an Equal Opportunity Employer and is committed to complying with all federal, state, and local EEO laws. Hat World, Inc., prohibits discrimination against employees and applicants for employment based on the individual's race or color, religion or creed, national origin, alienage or citizenship status, marital status, sex, pregnancy status, age, military status, disability, or any other protected characteristic or class protected by law. Hat World, Inc. provides reasonable accommodation for disabilities in accordance with applicable laws.
Notice to Applicants:
In connection with your application, we collect information that identifies, reasonably relates to or describes you (“Personal Information”). The categories of Personal Information that we collect include your name, government issued identification number(s), email address, mailing address, other contact information, emergency contact information, employment history, educational history, criminal record, and demographic information. We collect and use those categories of Personal Information about you for human resources and other business management purposes, including identifying and evaluating you as a candidate for potential or future employment or future contract positions, recordkeeping in relation to recruiting and hiring, conducting criminal background checks as permitted by law, conducting analytics, and ensuring compliance with applicable legal requirements and Company policies.
Need accessibility assistance to apply?
Applicants who require accessibility assistance to submit an employment application, please email us at onboardingsupport@lids.com. A member of our Talent team will respond as soon as reasonably possible. This email address and is only for individuals seeking accommodation when applying for a career at Lids.

Req ID: 18421 

Location: Corporate Office 

Job Summary

JOB TYPE

Full Time

SALARY

$183k-257k (estimate)

POST DATE

05/19/2024

EXPIRATION DATE

07/18/2024

WEBSITE

lids.com

HEADQUARTERS

INDIANAPOLIS, IN

SIZE

1,000 - 3,000

FOUNDED

2008

REVENUE

<$5M

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