Allocations Analyst - Irving, United States - Michaels Stores

Michaels Stores Irving, United States

1 week ago

Description

Support Center - Irving

The Allocations Analyst will ensure that product flow and allocations of product to stores adheres to the goals of the company and department. This Team Member will serve as a cross-functional partner of the assigned Michaels Buyer Team(s) and will partner in needed communication flow from merchandise tracking, distribution centers and stores. This individual is a key player in developing the strategies needed to achieve the correct placement of goods into the stores and determining the most efficient allocation strategies and is expected to actively communicate with Senior Management as well as merchants.

Major Activities

Analysis

Through historical sales analysis, develop criteria to use for allocation strategy
Review sales tracking weekly with buyer and team
After Category Management Planner develops initial wave plan, partner with them to ensure that flow of goods will optimize sales and space productivity by adjusting as needed. Tie wave plan to space timing
Prior to allocating new season, review prior year sales, inventory and demand through to optimize new season allocation
Incorporate merchandise strategy into the formation of allocation methods. (ex. allocation checklist)
Communicate with store operations, DMs, and ZVPs to find sales and allocation improvement opportunities

Assortment Plans

Provide warehouse distribution for initial purchase orders
Provide assortment plan information to merchandise tracking and DCs as changes occur
Recommend changes to Merchandise Team to optimize allocations, including: Sales History, Case Pack, Inner Pack, Stores, etc.

Allocations

Allocate purchase orders for assigned departments, including seasonal assets, trends items, and new direct to store items.
Plan, manage, and execute all allocations to the store level
Adjust allocation plans for any needed special programs or regions. Ex. Canada, FMA, Ship from Stores, BOPIS
Coordinate and communicate with DC expediters and merchandise tracking allocation issues. This will include unscheduled pushes, short ship, and overages.
Validate stores on POG prior to releasing allocation
Ensure allocations are done based on predetermined timeline and communicate to stores and DC any changes
Partner with new store department on timing of openings of new and relocation stores to incorporate into future DC breaks (DC inventory) and allocations so that product will be available at new store opening
Participate in weekly Buyer Team meetings
Visit stores with Buyer and Planner
Participate in POG review with Merchant Teams to understand future in store seasonal sets
Captain special projects as assigned by supervisor
Other duties as assigned

Minimum Education

BS in Retail, Business, or related Field

Preferred Type of experience the job requires

1-3 years retail experience preferred

Applicants in the U.S. must satisfy federal, state, and local legal requirements of the job.

To review a comprehensive list of benefits, please visit Michaels Benefits )

CO, CT, WA and RI only - To review pay ranges for the position you are applying for, please visit Michaels Pay Ranges - CO, CT, WA and RI. )

For 50 years, Michaels has been the best place for all things creative. We strive to inspire our customers, cultivate confident leaders, and serve our communities by fostering an inclusive environment for everyone to learn, shop, and create. At Michaels, everyone has a seat at our craft table and every Team Member is encouraged to hone their craft with opportunities for personal and professional growth. From our Stores and Distribution Centers to Artistree and our Support Center, our best-in-class team is committed to delivering on our purpose to fuel the joy of creativity. As the leading creative destination in North America, we operate over 1,290 stores in 49 states and Canada and online at and The Michaels Companies, Inc. also owns Artistree, a manufacturer of custom and specialty framing merchandise, and MakerPlace by Michaels, a dedicated handmade goods marketplace.

Michaels is an Equal Opportunity Employer. We are here for all Team Members and all Makers 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 MICHAEL).

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