Sr Merch Planner Owned Brand Bras (Minneapolis)

Target; Minneapolis (MN); On-site; USD 95,000 - 171,000; Full time

Benefits offered by this job

Health benefits

401(k)

Employee discount

Paid time off

Job summary

Target in Minneapolis is seeking a Senior Merchandise Planner to drive financial forecasting, open-to-buy decisions, and assortment strategy for our product categories. You will partner with Merchandising and Supply Chain to align financial plans with category goals and lead scenario planning and vendor communications.

The role emphasizes strong analytical capabilities, cross-functional collaboration, and the ability to translate data into actionable recommendations in a fast-paced retail

Qualifications

• Four-year degree or equivalent experience.
• 6-10 years of relevant merchandising experience.
• Strong analytical and financial skills; ability to turn data into insights.
• Collaborates with cross-functional teams to guide assortment planning.

Responsibilities

• Provide in-season decision support and demand forecasting.
• Lead open-to-buy process and category investment decisions.
• Collaborate on assortment planning and localization strategies.
• Analyze forecast variance and advise on chase-cancel decisions.
• Interpret forecast results to guide go-forward recommendations.

Skills

Merchandising experience

Analytical skills

Financial skills

Cross-functional collaboration

Adaptability

Strategic thinking

Data interpretation

Education

Four-year degree or equivalent experience

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 [e-mail]. Non-accommodation-related requests, such as application follow-ups or technical issues, will not be addressed through this channel.