Merch Planner-Newborn, Infant, Toddler (Minneapolis)

About the role

The pay range is $73,000.00 - $132,000.00. 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.

Responsibilities

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.

Create a financial link between Merchandising and Supply Chain, acting as the hub between these two essential groups and having a voice in some of the most important decisions from a financial strategy standpoint.

Support the divisional strategy through 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, and lead initial set planning and operationalization to optimize assortments.

Interpret forecast results and conduct “what if?” analysis to guide 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
• 2-6 years of relevant experience
• 1+ 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

Qualifications

• Four-year degree or equivalent experience
• 2-6 years of relevant experience
• 1+ years of Merchandising experience

Skills

• Strategic, financial, and analytical skills
• Collaboration skills
• Flexibility and resilience

Benefits

Find competitive benefits from financial and education to well-being and beyond at https://corporate.target.com/careers/benefits.

Pay

The pay range is $73,000.00 - $132,000.00. 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.

Schedule

This position will operate as a Hybrid/Flex for Your Day work arrangement based on Target’s needs. A Hybrid/Flex for Your Day work arrangement means the team member’s core role will need to be performed both onsite at the Target HQ MN location the role is assigned to and virtually, depending upon what your role, team and tasks require for that day. Work duties cannot be performed outside of the country of the primary work location, unless otherwise prescribed by Target.