Allocations Analyst

Michaels; Irving (TX); On-site; USD 55,000 - 75,000; Full time

Benefits offered by this job

401(k) with employer match

Employee discounts

Tuition assistance

Adoption assistance

Flexible spending accounts

Job summary

The Michaels Companies Inc. seeks an Allocations Analyst in Irving to ensure product flow and allocations align with company goals.

You will partner with Buyer Teams and coordinate communication across merchandise tracking, distribution centers and stores to place goods efficiently and optimize space productivity. You will participate in weekly Buyer Team meetings, analyze historical sales to shape allocation criteria, adjust wave plans, and support seasonal allocations, including regional

Qualifications

• BS in Retail, Business, or related Field.
• 1-3 years retail experience preferred.
• Applicants in the U.S. must satisfy federal, state, and local legal requirements of the job.

Responsibilities

• Analyze historical sales to develop allocation criteria.
• Review sales weekly with buyer and team.
• Collaborate with Category Management Planner to optimize wave plans and space productivity.
• Review prior year sales, inventory and demand before allocations.
• Coordinate with store operations, DMs, and ZVPs to find allocation improvements.
• Plan, manage, and execute all allocations to stores; adjust for special programs or regions.
• Coordinate with DC expediters on allocation issues; manage unscheduled pushes, short ship, and overages.
• Participate in weekly Buyer Team meetings and store visits with Buyer and Planner.
• Support in POG reviews to align with upcoming store seasonal sets.

Education

BS in Retail, Business, or related Field

Job description

Support Center - IrvingThe Allocations Analyst will ensure that product flow and allocations of product to stores adheres to the goals of the company and department. This Team Member will serve as a cross-functional partner of the assigned Michaels Buyer Team(s) and will partner in needed communication flow from merchandise tracking, distribution centers and stores. This individual is a key player in developing the strategies needed to achieve the correct placement of goods into the stores and determining the most efficient allocation strategies and is expected to actively communicate with Senior Management as well as merchants.

Major Activities

Analysis

• Through historical sales analysis, develop criteria to use for allocation strategy
• Review sales tracking weekly with buyer and team
• After Category Management Planner develops initial wave plan, partner with them to ensure that flow of goods will optimize sales and space productivity by adjusting as needed. Tie wave plan to space timing
• Prior to allocating new season, review prior year sales, inventory and demand through to optimize new season allocation
• Incorporate merchandise strategy into the formation of allocation methods. (ex. allocation checklist)
• Communicate with store operations, DMs, and ZVPs to find sales and allocation improvement opportunities

Assortment Plans

• Provide warehouse distribution for initial purchase orders
• Provide assortment plan information to merchandise tracking and DCs as changes occur
• Recommend changes to Merchandise Team to optimize allocations, including: Sales History, Case Pack, Inner Pack, Stores, etc.

Allocations

• Allocate purchase orders for assigned departments, including seasonal assets, trends items, and new direct to store items.
• Plan, manage, and execute all allocations to the store level
• Adjust allocation plans for any needed special programs or regions. Ex. Canada, FMA, Ship from Stores, BOPIS
• Coordinate and communicate with DC expediters and merchandise tracking allocation issues. This will include unscheduled pushes, short ship, and overages.
• Validate stores on POG prior to releasing allocation
• Ensure allocations are done based on predetermined timeline and communicate to stores and DC any changes
• Partner with new store department on timing of openings of new and relocation stores to incorporate into future DC breaks (DC inventory) and allocations so that product will be available at new store opening
• Participate in weekly Buyer Team meetings
• Visit stores with Buyer and Planner
• Participate in POG review with Merchant Teams to understand future in store seasonal sets
• Captain special projects as assigned by supervisor
• Other duties as assigned

Minimum Education

• BS in Retail, Business, or related Field

Preferred Type of experience the job requires

• 1-3 years retail experience preferred

Applicants 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 www.michaels.com.

Michaels offers a range of benefits to support team members and their families.

Depending on position and eligibility, team members may have access to a 401(k) with employer match, an Employee Assistance Program, medical, dental, and vision coverage, telemedicine services, flexible spending accounts, commuter benefits, tuition assistance, adoption assistance, and various voluntary insurance options.

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

All team members enjoy everyday perks such as employee discounts and access to partner discount programs.

For a summary of benefits, visit the Michaels Benefits at a Glance page. For additional information regarding benefits, visit MIKBenefits.com.

Michaels 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 1-800-642-4235 (1800-MICHAEL).

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