SVP of Merchandise Planning and Allocation

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SVP of Merchandise Planning and Allocation oversees, plans, and directs all aspects of an organization's merchandise planning and inventory allocation policies and methods. Develops strategies and processes to maximize sales, turnover, and profitability. Being an SVP of Merchandise Planning and Allocation utilizes forecasting data to lead a business review of the current season to determine future allocation and replenishment strategies. Provides buyers with data and insights to use to optimize purchase planning and stock ratios. Additionally, SVP of Merchandise Planning and Allocation requires a bachelor's degree. Typically reports to top management. The SVP of Merchandise Planning and Allocation manages a business unit, division, or corporate function with major organizational impact. Establishes/implements overall direction and strategic initiatives for the given major function or line of business. To be an SVP of Merchandise Planning and Allocation typically requires 10+ years of progressive leadership experience. Has extensive knowledge of the overall departmental function.