Michaels Stores · 7 hours ago
Merchandise Planner
Irving, TX
Full-time
Hybrid
Entry, Mid Level
2+ years expMichaels Stores is the leading destination for creating and celebrating in North America, operating over 1,300 stores across the U.S. and Canada. The Associate Category Management Planner will partner with the Category Manager and Category Director to optimize sales, margin, and inventory through various planning and analysis activities.
EducationMarketplaceRetail
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 dept 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) to 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
Ensure assortments are completed within specific time frames
Participate in assortment plan review with category mgt team for seasonal and SBA assortments by analyzing historical information, and 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
Qualification
Required
BS or equivalent
Business, retail or related field
Microsoft Office literate, especially Excel
2-5 years in retail
Numerical analysis and project management experience
Ability to work comfortably on unstructured problems/tasks
Ability to work quickly and accurately under pressure and time constraints
Preferred
Planning system skills preferred
2+ years in retail planning or allocation preferred
Benefits
Health insurance (medical, dental, and vision)
Paid time off
Tuition assistance
Generous employee discounts
Company
Michaels Stores
At The Michaels Companies Inc., our purpose is to fuel the joy of creativity and celebration.
10001+ employees
Funding
Current Stage
Late StageTotal Funding
$119.66M2021-03-03Acquired
2009-07-02Series Unknown· $119.66M
Leadership Team
Derek Hornsby
Executive Vice President, Chief Supply Chain Officer
Brynn Evanson
Chief Human Resources Officer
Recent News
2023-02-20
Company data provided by crunchbase