Sr Category Management Planner
Company | Michaels |
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Location | Irving, TX, USA |
Salary | $Not Provided – $Not Provided |
Type | Full-Time |
Degrees | Bachelor’s |
Experience Level | Mid 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