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Sr Category Management Planner

Sr Category Management Planner

CompanyMichaels
LocationIrving, TX, USA
Salary$Not Provided – $Not Provided
TypeFull-Time
DegreesBachelor’s
Experience LevelMid Level, Senior

Requirements

  • 2-5 years in retail
  • Numerical analysis; collaborative activities; project management
  • Analytical, organizational, communication, collaborative, self-motivational, and good time management skills required
  • Ability to work comfortably on unstructured problems/tasks
  • Ability to work quickly and accurately under pressure and time constraints

Responsibilities

  • Provide CD/CM with analysis and recommendation to optimize sales, margin and inventory, in season recommendations to optimize seasonal plans
  • Ensure corporate inventory initiatives are included in department strategies
  • Optimize seasonal inventory flow in season management and execution of basic assortment exit strategies for resets
  • Partner with Financial Planner to develop and execute SKU rationalization goals
  • Using MFP (Michaels Financial Planning), create weekly sales, margin and inventory plans at subclass level for seasonal and trend programs
  • Owns MFP administration for seasonal and basic plans
  • Incorporates correction of errors
  • Recommend ‘wave breaks’ for seasonal flow
  • Recommend optimal inner and master packs
  • Work with pricing and CD/CM to make appropriate in season MD recommendations for seasonal and trend product
  • Evaluate forward buys on market deals and other opportunities
  • Develop and adhere to critical timelines
  • Insure assortments are completed within specific timeframes
  • Participate in assortment plan review with category mgt team for seasonal and SBA assortments by analyzing historical information
  • Make appropriate recommendations
  • Develop and implement MD strategy following reset financial timeline
  • Implement discontinue timing
  • 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
  • Update finance partner on any activities that would require updating reset financials
  • Other duties as assigned

Preferred Qualifications

  • Bachelor’s degree or equivalent
  • Business, retail or related field
  • Microsoft Office knowledge, especially Excel. Planning system skills preferred
  • 2+ in retail planning or allocation preferred