Merchandise Planner - Jewelry

$69,000 - $124,200/Yr

Target - Minneapolis, MN

Full-time - Mid Level

Minneapolis, MN

10,001+ employees

General Merchandise Retailers

About the position

The Merchandise Planner for Jewelry at Target plays a crucial role in managing financials and forecasting for the jewelry business. This position involves conducting comparative analysis of seasonal performance, collaborating with cross-functional teams, and making strategic decisions to optimize product assortments and inventory management. The planner will act as a liaison between Merchandising and Supply Chain, ensuring that product offerings align with projected sales and market demands.

Responsibilities

• Conduct comparative analysis of holiday or seasonal performance reports.
• Provide insights to inform the Inventory team's work to support projected sales.
• Act as a hub between Merchandising and Supply Chain, creating a financial link between the two groups.
• Provide in-season decision support and collaborate on assortment planning.
• Recommend localization and channel strategies, including cluster types and profiles.
• Lead demand forecasting and support divisional strategy through category expertise.
• Head up the open-to-buy process and decide on category-level investment.
• Conduct root cause analysis for variation between supply and demand forecasts.
• Communicate implications of forecasts to vendors and support chase-cancel decisions.
• Conduct scenario planning, build unit plans, and lead initial set planning.
• Interpret forecast results and conduct what-if analysis for recommendations.
• Validate unit promo planning forecast and drive maintenance and risk analysis.
• Run event forecast creation and analyze item lifecycles for 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.
• Ability to translate data from various sources into insights and recommendations.
• Strong collaboration skills to partner with cross-functional teams.
• Flexible and resilient, comfortable working in changing environments.

Benefits

• Comprehensive health benefits including medical, vision, dental, and life insurance.
• 401(k) plan.
• Employee discount program.
• Short-term and long-term disability insurance.
• Paid sick leave.
• Paid national holidays.
• Paid vacation.