Sr Category Management Planner

Michaels Stores•Irving, TX

About The Position

The Senior Category Management Planner is key business partner with Category Manager and Category Director (CM/CD) to ensure achievement of department goals in terms of sales, gross margin and inventory. Analysis: 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 Purchase Planning: 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 Assortment Planning: 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 Reset Support: 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

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

Nice To Haves

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

Responsibilities

Provide CD/CM with analysis and recommendation to optimize sales, margin and inventory
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
Incorporate 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