Merch Planner, Owned Brand Intimates

Target • Minneapolis, MN

11d • $73,000 - $132,000 • Hybrid

About The Position

A role in Planning manages the financials and forecasting for a Target business, providing a financial link between Merchandising and Supply Chain. The Merchandise Planner provides in-season decision support, collaborates on assortment planning, recommends localization and channel strategies, and leads demand forecasting. The role supports divisional strategy through category expertise and partnerships with cross-functional teams and vendors.

The planner heads up the open-to-buy process and makes category-level investment decisions, assessing the financial validity of assortments. Responsibilities include analyzing supply and demand forecast variations to support chase-cancel decisions, communicating implications to vendors, conducting scenario planning, building unit plans, and leading initial set planning and operationalization. The role interprets forecast results and conducts what-if analysis to guide recommendations; validates unit promotion planning forecasts; supports maintenance, risk analysis, and decision-making by the Pricing & Promotion Center of Excellence; and manages event forecast creation and flow, item lifecycle analysis, and end-of-season recommendations.

The position operates in a Hybrid/Flex for Your Day arrangement, with work performed both onsite at the assigned Target HQ Minnesota location and virtually, depending on role, team, and daily tasks. Work duties may not be performed outside the country of the primary work location unless otherwise prescribed by Target. Job duties may change due to business needs.

Requirements

• Four-year degree or equivalent experience.
• 2–6 years of relevant experience.
• At least 1 year of Merchandising experience.
• Strong strategic, financial, and analytical skills, including the ability to translate data from an array of sources into insights and recommendations.
• Strong collaboration skills to partner with cross-functional teams.
• Flexible and resilient, and comfortable working in changing, ambiguous situations.

Responsibilities

• Provide in-season decision support.
• Collaborate on assortment planning.
• Recommend localization and channel strategies, including cluster types and profiles.
• Lead demand forecasting.
• Support divisional strategy through category expertise and partnerships with cross-functional teams and vendors.
• Lead the open-to-buy process and decide on category-level investment and the financial validity of assortments.
• Conduct root cause analysis for variations between supply and demand forecasts to support chase-cancel decisions, and communicate implications to vendors.
• Conduct scenario planning and build unit plans.
• Lead initial set planning and operationalization to optimize assortments.
• Interpret forecast results and conduct what-if analysis to guide go-forward recommendations.
• Validate the unit promotion planning forecast.
• Drive maintenance, risk analysis, and decision-making by the Pricing & Promotion Center of Excellence.
• Run event forecast creation and flow, analyze item lifecycles, and drive end-of-season management recommendations.

Benefits

• Eligible team members and their dependents may receive comprehensive health benefits and programs, which may include medical, vision, dental, and life insurance.
• 401(k).
• Employee discount.
• Short-term disability.
• Long-term disability.
• Paid sick leave.
• Paid national holidays.
• Paid vacation.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level