Replenishment Planner Jobs

Support Center - Irving
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 Replenishment Planner will support assigned merchandising categories by maintaining inventory levels appropriate to meet sales objectives. This Team Member will maximize profitability by meeting inventory turn goals as well as managing the exit of discontinued product. This individual will provide reporting on inventory issues and detailed resolution. The Replenishment Planner will efficiently achieve comp store sales and gross margin objectives while reducing overstock and increasing inventory productivity. This Team Member will ensure inventory levels are in support of achieving financial objectives through fill rate, in-stocks, inventory turns, and stock-to-sales ratios.
Major Activities
Merchandising

• Develop and implement necessary unique replenishment tactics on trend or highly seasonal categories / items
• Support efforts to revive or exit troubled or down trending categories
• Ensure timely and accurate orders and transfers for Standard Basic Assortment (SBA) merchandise categories to both stores and DCs
• Maintain proper set up and continued maintenance / review of Item and vendor parameters in the Automatic Replenishment system.
• Works closely with merchandising and inventory management team to ensure inventory levels both support financial objectives and meet in stock goals.

Analysis

• Partner with Demand Planner, merchandising, and planning team to review inventory for upcoming sets as well as exiting product
• Provide data to planning team to monitor future inventory receipts vs. financial plan
• Review data with merchant team on key items to ensure support of sales during peak season

Communication

• Communicate with merchants and supervisor on any issues impacting support of SBA product for features or promotions
• Proactively communicate any SBA inventory issues with merchants and supervisor to allow for best resolution
• Manage vendor performance through appropriate communication involving merchant team and inventory managers as necessary
• Build and maintain a positive working relationship with merchandising, vendors, store operations and all other cross functional teams

Documentation

• Provide updates on key inventory metrics vs. goals
• Provide weekly update on status of key inventory issues
• Maintain appropriate documentation of changes made to replenishment parameters to allow thorough review of impact and success of those changes

Training and direction

• Other duties as assigned
• Provide technical support, training and assistance to other Team Members

Minimum Special Certifications Or Technical Skills

• High grade in MS Excel/Access abilities; PC literate

Minimum Type Of Experience The Job Requires

• Strong decision-making ability
• Strong time management and organizational skills
• Detail oriented
• 3 + years in corporate retail environment
• Analytical thinking

Preferred Education

• BS in Business, Finance, Retail or related field (or equivalent experience)
• Business preferred

Preferred Type Of Experience The Job Requires

• 1 + years of corporate replenishment/demand planning experience strongly preferred

Applicants in the U.S. must satisfy federal, state, and local legal requirements of the job.
To review a comprehensive list of benefits, please visit Michaels Benefits
CA, CO, CT, WA, RI and select New York cities only - To review pay ranges for the position you are applying for, please visit Michaels Pay Ranges - CA, CO, CT, WA, RI, and select New York cities only.
Michaels is committed to the full inclusion of all qualified individuals. In keeping with this commitment, Michaels will assure that people with disabilities are provided reasonable accommodations. Accordingly, if a reasonable accommodation is required to fully participate in the job application or interview process, to perform the essential functions of the job, and/or to receive all other benefits and privileges of employment, please contact Customer Care at 1-800-642-4235 (1800-MICHAEL).
EEOC Know Your Rights Poster in English
EEOC Know Your Rights Poster in Spanish
EEOC Poster Optimized for Screen Readers
Federal FMLA Poster
Federal EPPAC Poster