Also referred to as: Head of Merchandise Planning & Allocation, Vice President Merchandise Planning & Allocation, Vice President of Merchandise Planning and Allocation
Requirements and Responsibilities

Top Merchandise Planning and Allocation Executive oversees, plans, and directs all aspects of an organization's merchandise planning and inventory allocation policies, objectives, and initiatives. Develops strategies and processes to maximize sales, turnover, and profitability. Being a Top Merchandise Planning and Allocation Executive leads business review of the current season and adjusts future allocation and replenishment strategies accordingly. May advise buyers on optimizing purchase planning and stock ratios. Additionally, Top Merchandise Planning and Allocation Executive requires a bachelor's degree. Typically reports to top management. The Top Merchandise Planning and Allocation Executive manages a departmental function within a broader corporate function. Develops major goals to support broad functional objectives. Approves policies developed within various sub-functions and departments. Comprehensive knowledge of the overall departmental function. To be a Top Merchandise Planning and Allocation Executive typically requires 8+ years of managerial experience.

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