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Category Management Planner Jobs
Company | Michaels Stores |
Address | Dallas-Fort Worth Metroplex, United States |
Employment type | FULL_TIME |
Salary | |
Category | Retail |
Expires | 2023-05-28 |
Posted at | 1 year ago |
For nearly 50 years, Michaels has been the destination where Makers get inspired, learn, shop, and create. We strive to cultivate an inclusive shopping environment for all Makers and work environment for all Team Members, providing a place of belonging and empowering everyone to bring their creative dreams to life.
At Michaels, every Team Member is encouraged to hone their craft with opportunities for personal and professional growth. From our Stores and Distribution Centers to Artistree and our Support Center, our best-in-class team is passionate about leaving the world a better, more creative place by contributing to every “make”.
Michaels is an Equal Opportunity Employer. We are here for all Team Members and all Makers to create, innovate and be better together.
The Category Management Planner is key business partner with Category Manager and Category Director (CM/CD)(s) to ensure achievement of department goals in terms of sales, gross margin and inventory.
Major Activities:
Analysis
- Optimize seasonal inventory flow
- Ensure corporate inventory initiatives are included in dept strategies
- Provide CD/CM with analysis and recommendation to optimize sales, margin and inventory, in season recommendations to optimize seasonal plans
- In season management and execution of basic assortment exit strategies for resets
- Partner with Financial Planner to develop and execute SKU rationalization goals
Purchase Planning
- Develop and adhere to critical timelines
- Partner with pricing and CD/CM to make appropriate in season MD recommendations for seasonal and trend product
- Recommend "wave breaks" for seasonal flow
- Owns MFP administration for seasonal and basic plans
- Incorporates correction of errors
- Use MFP (Michaels Financial Planning) to create weekly sales, margin and inventory plans at subclass level for seasonal and trend programs
- Evaluate forward buys on market deals and other opportunities
- Recommend optimal inner and master packs
Assortment Planning
- Participate in assortment plan review with category mgt team for seasonal and SBA assortments by analyzing historical information, and make appropriate recommendations
- Ensure assortments are completed within specific timeframes
Reset support
- Develop and implement MD strategy following reset financial timeline
Implement discontinue timing
- Update finance partner on any activities that would require updating reset financials
- Implement order placement timing for new product with CD/CM and replenishment team
- Monitor progress of reset activities and integrate into MFP sales, margin and inventory forecast
Minimum Education
- BS or equivalent
- Business, retail or related field
Minimum Special Certifications or technical skills
- Microsoft Office literate, especially Excel
Minimum Type of experience the job requires
- Numerical analysis and project management experience
- 2-5 years in retail
Other
- Ability to work quickly and accurately under pressure and time constraints
- Ability to work comfortably on unstructured problems/tasks
Preferred Special Certifications or technical skills
- Planning system skills preferred
Preferred Type of experience the job requires
- 2+ years in retail planning or allocation preferred
Applicants in the U.S. must satisfy federal, state, and local legal requirements of the job.
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