Sr Category Management Planner

Michaels

Irving (TX)

On-site

USD 85,000 - 115,000

Full time

6 days ago
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Benefits offered by this job

401(k) with employer match
Employee Assistance Program
Medical, dental, and vision coverage
Telemedicine services
Flexible spending accounts
Commuter benefits
Tuition assistance
Adoption assistance
Voluntary insurance options
Employee discounts and partner pricing

Job summary

Michaels is seeking a Senior Category Management Planner in Irving, TX to partner with the Category Manager and Category Director. The role focuses on driving sales, margin and inventory optimization, with seasonality planning and SKU rationalization efforts.

Key duties include analyzing data with MFP, managing weekly plans, and coordinating with pricing and replenishment teams. Requires 2–5 years in retail and a Bachelor’s degree or equivalent.

Qualifications

  • 2-5 years in retail experience.
  • Numerical analysis; collaborative activities; project management.
  • Analytical, organizational, communication, collaborative, self-motivational, and time management skills required.
  • Bachelor’s degree or equivalent; business/retail background preferred.

Responsibilities

  • Provide CD/CM with analysis and recommendations to optimize sales, margin and inventory.
  • In-season recommendations to optimize seasonal plans and exit strategies for resets.
  • Partner with Financial Planner to develop SKU rationalization goals.
  • Create weekly sales, margin and inventory plans using MFP for seasonal programs.
  • Own MFP administration and correct errors; advise on wave breaks and pack optimization.
  • Support assortment planning and participate in review meetings with category management.
  • Develop MD strategy for resets and monitor progress against financial timelines.

Skills

Numerical analysis
Project management
Analytical thinking
Communication
Time management
Collaboration
Self-motivation

Education

Bachelor’s degree or equivalent
Business, retail or related field

Tools

Microsoft Excel
Planning systems

Job description

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

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 department strategies
  • Optimize seasonal inventory flowin season management and execution of basic assortment exit strategies for resets
  • Partner with Financial Planner to develop and execute SKU rationalization goals
Purchase Planning:
  • Using MFP (Michaels Financial Planning), 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
Assortment Planning:
  • Insure assortments are completed within specific timeframes
  • Participate in assortment plan review with category mgt team for seasonal and SBA assortments by analyzing historical information
  • 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
Other duties as assigned
Minimum Type of experience the job requires
  • 2-5 years in retail
  • Numerical analysis; collaborative activities; project management
Other
  • Analytical, organizational, communication, collaborative, self-motivational, and good time management skills required
  • Ability to work comfortably on unstructured problems/tasks
  • Ability to work quickly and accurately under pressure and time constraints
Preferred Education
  • Bachelor’s degree or equivalent
  • Business, retail or related field
Preferred Special Certifications or technical skills
  • Microsoft Office knowledge, especially Excel. Planning system skills preferred
Preferred Type of experience the job requires
  • 2+ 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.


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

  • 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
  • various voluntary insurance options
  • 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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