Category Management Planner

The Michael's Companies

Irving (TX)

On-site

USD 60,000 - 80,000

Full time

14 days+

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Benefits offered by this job

Health insurance (medical, dental, and vision)
Paid time off
Tuition assistance
Generous employee discounts

Job summary

The Michael's Companies, headquartered in Irving, Texas, is seeking a Category Management Planner to support sales optimization and inventory management. The role involves analytical responsibilities, partnering with various teams to ensure strategic execution and alignment with seasonal goals.

The ideal candidate will possess a BS or equivalent and have 2-5 years of retail experience, as well as proficiency in Microsoft Excel.

Benefits include health insurance, paid time off, and employee discounts.

Qualifications

  • 2-5 years in retail experience.
  • Ability to work comfortably on unstructured problems/tasks.
  • Ability to work quickly and accurately under pressure.

Responsibilities

  • Provide CD/CM with analysis and recommendations to optimize sales.
  • Develop and execute SKU rationalization goals.
  • Ensure assortments are completed within specific timeframes.

Skills

Numerical analysis
Project management
Microsoft Office (Excel)

Education

BS or equivalent in Business, retail or related field

Tools

MFP (Michaels Financial Planning)
Planning systems

Job description

## Category Management PlannerApplylocations: Irving-Irving Corporate Office-3939 West John Carpenter Freewaytime type: Full timeposted on: Posted Todayjob requisition id: R00311209Support 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.**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.At Michaels, we prioritize the wellbeing of our teams by providing robust benefits for both full-time and part-time Team Members. Our benefits include health insurance (medical, dental, and vision), paid time off, tuition assistance, generous employee discounts, and much more. For more information, visit www.michaels.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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