Assortment Associate - Home
Macy's · New York, NY · 2 mo ago
OTHRFull-time
About the Role
As the Associate, Assortment Planner, you will report directly to the Director of Assortment Planning and play a crucial role in supporting the strategic development and execution of buying frameworks for a designated category. This position requires collaboration with cross-functional teams to ensure alignment with top-line strategic and financial objectives. You will contribute to various aspects of assortment planning, from pre-market analysis to in-market quantification and post-market adjustments.
Responsibilities
Overall
- Collaborate with the Director to develop and execute the buying framework for the designated category.
- Work closely with cross-functional teams to align with strategic and financial objectives.
- Assist in conducting thorough analyses of pre-market, in-market, and post-market activities.
- Support crafting and implementing Private Brand line plans, considering historical performance and adoption rates.
- Contribute to style outs to ensure alignment with customer preferences and market trends.
- Assist in overseeing the allocation process, confirming store matrix, and applying Min/Max at the Style level.
- Foster a culture of excellence and collaboration within the Assortment Planning team.
- Foster an environment of acceptance and respect that strengthens relationships with colleagues, customers, and communities.
Pre-Market
- Support the development of by-store sales and turn plans aligned with annual financial targets.
- Assist in inspecting receipt flow plans, addressing variances with Financial Planning.
- Contribute to defining clustering strategies considering channel, tier/climate differences by category.
- Participate in building and maintaining category C-1 in coordination with the Divisional Merchandise Manager (DMM).
- Support the assessment of current season performance and determining future season replenishment assortment.
- Assist in establishing bottoms-up targets for key-item volume drivers, trends, and newness.
- Provide support in owning Private Brand line plans, adjusting based on historical category performance.
- Assist in evaluating breadth, depth, and productivity of the assortment.
- Collaborate in finalizing the 'shopping list' composition prior to market appointments.
- Participate in discussions led by the Senior Director, Assortment Planning, reviewing each Assortment Wedge.
- Contribute to discussions on top goals, risk and upside assessment, clustering strategy, breadth and depth philosophy, and key door initiatives.
In-Market
- Collaborate in quantifying Buyer's curated assortment by brand, style, channel, and store cluster.
- Ensure alignment with cluster financial targets and assortment framework.
- Assist in identifying duplication across styles and vendors during the style out process.
- Collaborate within the Assortment Planning team to support the quantification process.
- Be prepared to attend market appointments in the absence of the Assortment Director.
Post-Market
- Support conducting style outs in NuOrder or within the market cycle based on system capabilities.
- Contribute to addressing key style out questions, including customer attributes and tier differences.
- Assist in finalizing necessary changes after style out and Buy Review; support sending orders for allocation.
- Provide support in confirming the store matrix and applying Min/Max at the Style level during the allocation process.
Allocation
- Contribute to confirming the store matrix as the first part of the allocation process.
- Assist in applying Min/Max at the Style level to ensure appropriate depth.
- Support in EDI allocations to vendors at least 30 days prior to In-DC dates.
- Collaborate in inspecting receipt availability before releasing orders.
Requirements
- Bachelor’s degree or equivalent work experience in a related field.
- Ability to perform essential job functions such as communication, collaboration, and use of office and computer systems.
- Capability to access and review written and electronic information, move within the work environment, and interact with workplace materials.
- Able to work a flexible schedule based on department and company needs.
Skills
- Analytical Skills: Proficiency in analyzing sales data, turn plans, and financial targets to inform assortment planning decisions.
- Collaboration and Communication: Ability to collaborate within the Assortment Planning team and contribute to a culture of excellence and collaboration.
- Retail Knowledge: Understanding of retail concepts, including assortment planning, private brand line plans, and allocation processes.
- Quantitative Skills: Proficient in quantitative analysis, including building and maintaining category C-1, assessing current season performance, and determining future season replenishment assortment.
- Planning and Organization: Strong organizational skills to assist in the development of by-store sales and turn plans, inspection of receipt flow plans, and management of key processes in pre-market, in-market, and post-market phases.
- Technology Proficiency: Familiarity with relevant tools and systems, such as NuOrder and EDI systems, to conduct style outs, confirm store matrix, and apply Min/Max at the Style level.
- Decision-Making: Strong decision-making skills, particularly in finalizing necessary changes after style out and Buy Review and supporting in sending orders for allocation.
Benefits
- Competitive pay and comprehensive health and wellness coverage (medical, vision, dental, life, disability insurance).
- 401(k) match to invest in your future.
- Paid time off and eight paid holidays.
- Merchandise discounts and performance-based incentives.
- Annual merit review.
- Employee Assistance Program with mental health counseling and legal/financial advice.
- Tuition reimbursement.
- Opportunities to join Colleague Resource Groups and participate in volunteer opportunities.