Sr Merch Planner Kitchen (Minneapolis)

Target

Minneapolis (MN)

On-site

USD 95,000 - 171,000

Full time

3 days ago
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Job summary

Target is seeking a Senior Merchandise Planner in Minneapolis to own financial forecasting and open-to-buy decisions. You will partner with Merchandising and Supply Chain to link financial strategy with assortment planning and vendor communications.

You will lead in-season decision support, demand forecasting, and scenario planning, guiding category investments and end-of-season management with cross-functional teams.

Qualifications

  • Four-year degree or equivalent experience.
  • 6-10 years of relevant experience.
  • 6+ years of Merchandising experience.
  • Strong strategic, financial, and analytical skills; can easily translate data from an array of sources into insights and recommendations.
  • Strong collaboration skills to partner with cross-functional teams.
  • Flexible, resilient and comfortable working in “grey areas” that are constantly changing.

Responsibilities

  • Provide in-season decision support and collaborate on assortment planning.
  • Recommend localization and channel strategies including cluster types and profiles.
  • Lead demand forecasting and open-to-buy process for category investments.
  • Validate financial viability of assortments and make investment decisions.
  • Conduct root cause analysis for supply vs. demand forecast variations and inform decisions to vendors.
  • Perform scenario planning and build unit plans.
  • Lead initial set planning and operationalization to optimize assortments.
  • Interpret forecast results and conduct what-if analyses to guide recommendations.
  • Drive promo planning accuracy and risk analysis with Pricing & Promotion teams.
  • Analyze item lifecycles and guide end-of-season management.

Skills

Merchandising analytics
Cross-functional collaboration
Forecasting
Data-driven insights

Education

Four-year degree or equivalent experience

Tools

Open-to-buy

Job description

The pay range is $95,000.00 - $171,000.00

Pay is based on several factors which vary based on position. These include labor markets and in some instances may include education, work experience and certifications. In addition to your pay, Target cares about and invests in you as a team member, so that you can take care of yourself and your family. Target offers eligible team members and their dependents comprehensive health benefits and programs, which may include medical, vision, dental, life insurance and more, to help you and your family take care of your whole selves.Other benefits for eligible team members include 401(k), employee discount, short term disability, long term disability, paid sick leave, paid national holidays, and paid vacation.Find competitive benefits from financial and education to well-being and beyond at https://corporate.target.com/careers/benefits.

About Us

Working at Target means helping all families discover the joy of everyday life. We bring that vision to life through our values and culture. Learn more about Target here.

A role in Planning means being in charge of the financials and forecasting for one of Target’s businesses. Here, you’ll conduct comparative analysis of holiday or other seasonal performance reports and provide the insights that inform the Inventory team’s work to ensure that product supports projected sales. Acting as the hub between Merchandising and Supply Chain, you will create a financial link between these two essential groups and have a voice in some of the most important decisions from a financial strategy standpoint.

As a Senior Merchandise Planner, you’ll provide in-season decision support, collaborate on assortment planning, recommend localization and channel strategies including cluster types and profiles, and lead demand forecasting. You’ll support the divisional strategy through your category expertise and partnerships with cross-functional teams and vendors. You will head up the open-to-buy process and decide on category-level investment and the financial validity of assortments. You will conduct root cause analysis for variation between supply and demand forecasts to support “chase-cancel” decisions and communicate implications to vendors. You’ll conduct scenario planning, build unit plans, and lead initial set planning and operationalization to optimize assortments. A large part of your role will be to interpret forecast results and conduct “what if?” analysis to guide your go-forward recommendations. You will validate the unit promo planning forecast, drive maintenance, risk analysis and decision-making by the Pricing & Promotion Center of Excellence. And you’ll run event forecast creation and flow, analyzing item lifecycles and driving recommendations on end-of-season management.

Core responsibilities are described within this job description. Job duties may change at any time due to business needs.

About You
  • Four-year degree or equivalent experience
  • 6-10 years of relevant experience
  • 6+ years of Merchandising experience
  • Strong strategic, financial, and analytical skills; can easily translate data from an array of sources into insights and recommendations
  • Strong collaboration skills to partner with cross-functional teams
  • Flexible, resilient and comfortable working in “grey areas” that are constantly changing

This position will require in office presence in downtown Minneapolis Monday, Tuesday, Wednesday, and Thursday each week, while working from on home on Friday will be an option. Work duties cannot be performed outside of the country of the primary work location, unless otherwise prescribed by Target. Click here if you are curious to learn more about Minnesota.

Benefits Eligibility

Please paste this url into your preferred browser to learn about benefits eligibility for this role: https://tgt.biz/BenefitsForYou_E

Americans With Disabilities Act (ADA)

In compliance with state and federal laws, Target will make reasonable accommodations for applicants with disabilities. If a reasonable accommodation is needed to participate in the job application or interview process, please reach out to candidate.accommodations@HRHelp.Target.com. Non-accommodation-related requests, such as application follow-ups or technical issues, will not be addressed through this channel.

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