Merchandise PlannerMerchandise Planner is key business partner with Buyer and Sr Buyer to ensure achievement of department goals in terms of sales, gross margin and inventory.Major ActivitiesProvide Sr Buyer / Buyer with analysis and recommendation to optimize sales, margin and inventory, in season recommendations to optimize seasonal plansEnsure corporate inventory initiatives are included in dept strategiesOptimize seasonal inventory flowIn season management and execution of basic assortment exit strategies for resetsPartner with Financial Planner to develop and execute SKU rationalization goalsPurchase PlanningUse MFP (Michaels Financial Planning) to create weekly sales, margin and inventory plans at subclass level for seasonal and trend programsOwns MFP administration for seasonal and basic plansIncorporates correction of errorsRecommend "wave breaks" for seasonal flowRecommend optimal inner and master packsPartner with pricing and Sr Buyer / Buyer to make appropriate in season MD recommendations for seasonal and trend productEvaluate forward buys on market deals and other opportunitiesDevelop and adhere to critical timelinesAssortment PlanningEnsure assortments are completed within specific timeframesParticipate in assortment plan review with category mgt team for seasonal and SBA assortments by analyzing historical information, and make appropriate recommendationsReset SupportDevelop and implement MD strategy following reset financial timelineImplement Discontinue TimingImplement order placement timing for new product with Sr Buyer / Buyer and replenishment teamMonitor progress of reset activities and integrate into MFP sales, margin and inventory forecastUpdate finance partner on any activities that would require updating reset financialsMinimum EducationBS or equivalentBusiness, retail or related fieldMinimum Special Certifications or Technical SkillsMicrosoft Office literate, especially ExcelMinimum Type of Experience the Job Requires2-5 years in retailNumerical analysis and project management experienceOtherAbility to work comfortably on unstructured problems/tasksAbility to work quickly and accurately under pressure and time constraintsPreferred Special Certifications or Technical SkillsPlanning system skills preferredPreferred Type of Experience the Job Requires2+ years in retail planning or allocation preferredApplicants in the U.S. must satisfy federal, state, and local legal requirements of the job.At The Michaels Companies Inc., our purpose is to fuel the joy of creativity and celebration. As the leading destination for creating and celebrating in North America, we operate over 1,300 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. Founded in 1973 and headquartered in Irving, Texas, Michaels is the best place for all things creative.
For more information, please visit is an Equal Opportunity Employer. We are here for all Team Members and all customers to create, innovate and be better together.Michaels is committed to the full inclusion of all qualified individuals. In keeping with this commitment, Michaels will assure that people with disabilities are provided reasonable accommodations.
Accordingly, if a reasonable accommodation is required to fully participate in the job application or interview process, to perform the essential functions of the job, and/or to receive all other benefits and privileges of employment, please contact Customer Care at -MICHAEL).