Sr Merch Planner- Sr. Merch Planner – Computing & Home Office
About the position 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.
Responsibilities
- provide in-season decision support
- collaborate on assortment planning
- recommend localization and channel strategies including cluster types and profiles
- lead demand forecasting
- support the divisional strategy through your category expertise and partnerships with cross-functional teams and vendors
- head up the open-to-buy process and decide on category-level investment and the financial validity of assortments
- conduct root cause analysis for variation between supply and demand forecasts to support “chase-cancel” decisions and communicate implications to vendors
- conduct scenario planning
- build unit plans
- lead initial set planning and operationalization to optimize assortments
- interpret forecast results and conduct “what if?” analysis to guide your go-forward recommendations
- validate the unit promo planning forecast
- drive maintenance, risk analysis and decision-making by the Pricing & Promotion Center of Excellence
- run event forecast creation and flow, analyzing item lifecycles and driving recommendations on end-of-season management
Requirements
- Four-year degree or equivalent experience
- 6-10 years of relevant experience
- 4+ 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
Benefits
- comprehensive health benefits and programs, which may include medical, vision, dental, life insurance and more
- 401(k)
- employee discount
- short term disability
- long term disability
- paid sick leave
- paid national holidays
- paid vacation
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