Donald Rasmussen
Brooklyn
Summary
Dynamic and results-driven professional with extensive experience at Kate Spade, excelling in inventory management and allocation planning. Proven track record of achieving significant sales growth and enhancing supply chain efficiency. Skilled in data analysis and fostering collaborative relationships.
Overview
14
14
years of professional experience
Work History
Senior Allocator
Kate Spade
New York
09.2014 - Current
- Oversee all allocations for 138 off-price brick-and-mortar stores throughout the US and Canada
- Achieved a handbag AUR of $100, a small goods AUR of $46, and an AOP of $532M with gross margin sales of $326M at a rate of 62.5% for the 2023 fiscal year
- Effectively rolled out a new allocation system (AllocateSmart) across Kate Spade North America to further drive efficiency and team productivity
- Sales plan beat expectations by 17% beat during its first year of deployment
- Collaborated with contractors to create criteria and parameters for the new system as well as testing to ensure quality control
- Successfully opened 111 outlet brick and mortar locations over 13 years, collaborating with the store planning and buying teams to create new store opening allocation plans
- Create monthly floorset allocation plans utilizing store grades, product APS, and future sales plans to ensure fleetwide stock levels are sufficient to support sales plans
- Partner with supply chain operations to expedite shipments through ports and rail to ensure timely delivery of goods to warehouses
- Continuously collaborate with buying and merchandise planning teams to offer guidance on managing in-season inventory flow, leveraging sales trends, and reducing inventory risks
- Create monthly and quarterly warehouse shipments detailing weekly shipments for the US and Canada DCs to assist with efficient labor planning for both the warehouse and store payroll
- Fostered a strong relationship with the store field teams through weekly/monthly meetings and via email correspondence directly with field teams
Allocator
Kate Spade
New York
11.2010 - 09.2014
- Ran weekly replenishment for Kate Spade mainline and outlet, Jack Spade, and Kate Spade Saturday stores
Education
Masters of Fine Arts - Photography
University of Illinois
Urbana-Champaign05.2008
Bachelor of Fine Arts - Digital Art
Bowling Green State University
Bowling Green, Ohio05.2004
Skills
- Inventory management and allocation planning
- Sales analysis and data analysis
- Supply chain coordination
- Microsoft Excel
Timeline
Senior Allocator
Kate Spade
09.2014 - Current
Allocator
Kate Spade
11.2010 - 09.2014
Masters of Fine Arts - Photography
University of Illinois
Bachelor of Fine Arts - Digital Art
Bowling Green State University
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