Director of Allocation and Replenishment

Join our team and live the Ollie-tude!: (Ollie's Core Values)

• BE A TEAM PLAYER- Associates are expected to be supportive and work together.
• BE CARING- How do I treat others with courtesy, dignity, and respect?
• BE VALUE OBSESSED- Live the "good stuff cheap" mindset.
• BE COMMITTED- Operate with grit, passion, tenacity, and action.
• BE GROWING- How do we get better every day?
• BE REAL- Associates should be honest, transparent, genuine, trustworthy, and sincere.

Competitive Benefits

• Medical, Dental, Vision, and RX coverage after 30 days of employment.

• 401K, Company match begins at Associate enrollment

• 120 hours of PTO that start accruing on day one

• Strong career growth & talent development culture

• 20% Associate discount on all Ollie's purchases.

• Vast array of voluntary benefits

Grow your career with a retail company built on 43 years of success and earn a 20% discount on all your Ollie's purchases. Publicly traded since 2015 and recognized by Yelp as the Fastest-Growing Brand of 2025, we're 600+ stores strong in 34 states and deeply committed to expanding our national footprint.

Position Overview:

The Director of Allocation and Replenishment leads the strategy, execution, and optimization of inventory allocation, replenishment forecasting, new store planning, and product flow across stores. This role is responsible for maximizing sales, inventory productivity, and margin through data-driven inventory management and cross-functional leadership.

The Director partners closely with Merchandising, Planning, Supply Chain, Finance, and Store Operations teams to ensure the right products are in the right locations at the right time.

Primary Responsibilities:

Inventory Allocation & Replenishment Strategy

• Develop and execute allocation and replenishment strategies aligned with company sales, margin, and inventory objectives.
• Oversee inventory flow across retail stores and warehouses
• Optimize initial allocations, replenishment models, and assortments by volume group and store clusters
• Monitor inventory productivity metrics including sell-through, weeks of supply, stock-to-sales ratio, fill rate, and in-stock percentage.
• Lead seasonal allocation planning, new store inventory planning and promotional events

Leadership

• Lead, mentor, and develop allocators, new store coordinators, and replenishment buyers
• Establish performance goals, KPIs, and career development plans for the team.
• Foster a culture of accountability, collaboration, continuous improvement, and analytical decision-making.
• Contribute to annual planning, budgeting, and forecasting processes.
• Support company financial objectives through inventory productivity improvements and reduced markdown exposure.

Forecasting & Analytics

• Utilize systems and analytics to improve inventory accuracy and demand planning of never out replenishment items.
• Analyze sales trends, customer demand, market conditions, and inventory performance to drive recommendations.
• Identify opportunities to improve allocation algorithms, replenishment parameters, and automation capabilities.
• Present business insights and recommendations to senior leadership.

Cross-Functional Collaboration

• Partner with Merchandising and Planning teams on assortment strategies and inventory investments.
• Collaborate with Supply Chain and Distribution teams to improve replenishment speed and operational efficiency.
• Coordinate with Store Operations to address inventory issues and service-level expectations.
• Work with IT and systems teams on inventory system enhancements and process improvements.

Process Improvement & Systems Management

• Drive continuous improvement initiatives related to inventory optimization and operational workflows.
• Ensure effective use of allocation and replenishment systems.
• Lead implementation of new technologies, reporting dashboards, and automation initiatives.

Qualifications:

• Bachelor's degree preferred.
• 8-12+ years of experience in allocation, replenishment, inventory management, merchandise planning, or retail operations.
• 3-5+ years of leadership experience managing high-performing teams.
• Strong understanding of retail MPA systems, supply chain operations, and inventory optimization methodologies.
• Experience with ERP, allocation, and forecasting systems
• Advanced analytical and problem-solving skills with strong business acumen.
• Excellent communication, presentation, and stakeholder management skills.
• Proficiency in Excel, BI/reporting tools, and data analysis platforms.
• Experience leading inventory transformation or systems implementation projects.
• Knowledge of predictive analytics and AI-driven replenishment tools.
• Ability to work in a fast-paced, highly collaborative environment.

Physical Requirements:

• Ability to sit at a desk and work on a computer for an extended period.
• Ability to see, hear, and speak regularly.
• Ability to grip, reach, and pinch with arms and hands frequently.
• Ability to bend and twist occasionally.
• Ability to work in a constant state of alertness and safe manner.

Ollie's is an equal opportunity employer. In compliance with Federal and State Equal Opportunity Laws, qualified applicants are considered for all positions applied for without regard to race, color, religion, sex, sexual orientation and identity, national origin, age, veteran's status, disability, or any other legally protected status.