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Category Management Planner

Category Management Planner

MichaelsIrving, Irving 3939 West John Carpenter Freeway
30+ days ago
Job type
  • Full-time
Job description

Support Center - IrvingCategory Management Planner is key business partner with Category Manager and Category Director (CM / CD)(s) to ensure achievement of department goals in terms of sales, gross margin and inventory.

Major Activities

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 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

Purchase Planning

  • Use 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
  • Partner 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

  • Ensure assortments are completed within specific timeframes
  • Participate in assortment plan review with category mgt team for seasonal and SBA assortments by analyzing historical information, and 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

    • Minimum Education

  • BS or equivalent
  • Business, retail or related field

    • Minimum Special Certifications or technical skills

  • Microsoft Office literate, especially Excel

    • Minimum Type of experience the job requires

  • 2-5 years in retail
  • Numerical analysis and project management experience

    • Other

  • Ability to work comfortably on unstructured problems / tasks
  • Ability to work quickly and accurately under pressure and time constraints

    • Preferred Special Certifications or technical skills

  • Planning system skills preferred

    • Preferred Type of experience the job requires

  • 2+ years in retail planning or allocation preferred

    • Applicants in the U.S. must satisfy federal, state, and local legal requirements of the job.

    To review a comprehensive list of benefits, please visit (MIKBenefits.com)

    CO, CT, WA and RI only - To review pay ranges for the position you are applying for, please visit . (MIKBenefits.com)

    For 50 years, Michaels has been the best place for all things creative. We strive to inspire our customers, cultivate confident leaders, and serve our communities by fostering an inclusive environment for everyone to learn, shop, and create. At Michaels, everyone has a seat at our craft table and every Team Member is encouraged to hone their craft with opportunities for personal and professional growth. From our Stores and Distribution Centers to Artistree and our Support Center, our best-in-class team is committed to delivering on our purpose to fuel the joy of creativity. As the leading creative destination in North America, we operate over 1,290 stores in 49 states and Canada and online at Michaels.com and Michaels.ca. The Michaels Companies, Inc. also owns Artistree, a manufacturer of custom and specialty framing merchandise, and MakerPlace by Michaels, a dedicated handmade goods marketplace.

    Michaels is an Equal Opportunity Employer. We are here for all Team Members and all Makers to create, innovate and be better together.