Sr Merchandise Planner

Michaels; Irving (TX); On-site; USD 75,000 - 105,000; Full time

Benefits offered by this job

Employee discounts

401(k) with employer match

Medical, dental & vision coverage

Tuition assistance

Adoption assistance

Commuter benefits

Job summary

Michaels in Irving, TX seeks a Senior Merchandise Planner to partner with Buyers to drive sales, gross margin and inventory goals across the department. You will produce weekly plans via Michaels Financial Planning (MFP), manage seasonal and basic plans, and collaborate on SKU rationalization, assortment strategies and in-season MD recommendations to optimize performance.

This role requires strong numerical analysis, cross-functional collaboration, and the ability to manage timelines under

Qualifications

• Bachelor’s degree or equivalent in Business, retail or related field.
• Strong numerical and analytical capabilities.
• Experience in retail planning/assortment planning is preferred.

Responsibilities

• Provide analysis and recommendations to optimize sales, margin and inventory.
• Create weekly sales, margin and inventory plans using Michaels Financial Planning (MFP).
• Own MFP administration for seasonal and basic plans; correct errors.
• Develop and adhere to critical timelines for planning cycles.
• Recommend wave breaks and optimal inner/master packs for assortment flow.
• Collaborate with pricing and Buyers on in-season MD recommendations.
• Evaluate forward buys and market deals to optimize inventory.
• Monitor reset progress and integrate into forecasts.

Skills

Numerical analysis

Collaboration

Project management

Analytical

Organizational skills

Communication

Time management

Self-motivated

Education

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

Tools

Microsoft Excel

Microsoft Office

Planning systems

Job description

Support Center - IrvingThe Senior Merchandise Planner is key business partner with Buyer/Sr Buyer to ensure achievement of department goals in terms of sales, gross margin and inventory.

Analysis

• Provide Buyer/Sr Buyer 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 Buyer/Sr Buyer 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 Buyer/Sr Buyer 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 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. 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. 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).

EEOC Know Your Rights Poster in English

EEOC Know Your Rights Poster in Spanish

EEOC Poster Optimized for Screen Readers

Federal FMLA Poster

Federal EPPAC Poster