Analysis:
Provide CD/CM with analysis and recommendation to optimize sales, margin and inventory, in season recommendations to optimize seasonal plansEnsure corporate inventory initiatives are included in department strategiesOptimize seasonal inventory flow in season management and execution of basic assortment exit strategies for resetsPartner with Financial Planner to develop and execute SKU rationalization goalsPurchase Planning:
Using MFP (Michaels Financial Planning), create weekly sales, margin and inventory plans at subclass level for seasonal and trend programsOwns MFP administration for seasonal and basic plansIncorporates correction of errorsRecommend "wave breaks" for seasonal flowRecommend optimal inner and master packsWork with pricing and CD/CM to make appropriate in season MD recommendations for seasonal and trend productEvaluate forward buys on market deals and other opportunitiesDevelop and adhere to critical timelinesAssortment Planning:
Insure assortments are completed within specific timeframesParticipate in assortment plan review with category mgt team for seasonal and SBA assortments by analyzing historical informationMake appropriate recommendationsReset Support:
Develop and implement MD strategy following reset financial timelineImplement discontinue timingImplement order placement timing for new product with CD/CM and replenishment teamMonitor progress of reset activities and integrate into MFP sales, margin and inventory forecast Update finance partner on any activities that would require updating reset financialsOther duties as assigned
Minimum Type of experience the job requires
2-5 years in retailNumerical analysis; collaborative activities; project managementOther
Analytical, organizational, communication, collaborative, self-motivational, and good time management skills requiredAbility to work comfortably on unstructured problems/tasksAbility to work quickly and accurately under pressure and time constraintsPreferred Education
Bachelor’s degree or equivalentBusiness, retail or related fieldPreferred Special Certifications or technical skills
Microsoft Office knowledge, especially Excel. Planning system skills preferredPreferred Type of experience the job requires
2+ in retail planning or allocation preferredApplicants 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. As the leading creative destination 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, and MakerPlace by Michaels, a dedicated handmade goods marketplace. 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 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