Sr Category Management Planner

MichaelsIrving, TX
Onsite

About The Position

The Senior Category Management Planner is a 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. This role involves providing analysis and recommendations to optimize sales, margin, and inventory, including in-season adjustments and basic assortment exit strategies. The planner will also partner with the Financial Planner to achieve SKU rationalization goals and manage the purchase planning process using MFP (Michaels Financial Planning) for seasonal and trend programs.

Requirements

  • 2-5 years in retail
  • Numerical analysis
  • Collaborative activities
  • Project management
  • Analytical skills
  • Organizational skills
  • Communication skills
  • Collaborative skills
  • Self-motivational skills
  • Good time management skills
  • Ability to work comfortably on unstructured problems/tasks
  • Ability to work quickly and accurately under pressure and time constraints
  • Microsoft Office knowledge, especially Excel
  • Applicants in the U.S. must satisfy federal, state, and local legal requirements of the job.

Nice To Haves

  • Bachelor’s degree or equivalent in Business, retail or related field
  • Planning system skills preferred
  • 2+ years in retail planning or allocation preferred

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

Benefits

  • 401(k) with employer match
  • Employee Assistance Program
  • Medical coverage
  • Dental coverage
  • Vision coverage
  • Telemedicine services
  • Flexible spending accounts
  • Commuter benefits
  • Tuition assistance
  • Adoption assistance
  • Various voluntary insurance options
  • Employee discounts
  • Access to partner discount programs
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