Merch Planner - LTO (Minneapolis)

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.

Job Description

About us:

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 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.

About you:

• Four-year degree or equivalent experience

• 2-6 years of relevant experience

• 3+ 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

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. Click here if you are curious to learn more about Minnesota.

Benefits Eligibility

Please paste this url into your preferred browser to learn about benefits eligibility for this role: https://tgt.biz/BenefitsForYou_D

Americans with Disabilities Act (ADA)

In compliance with state and federal laws, Target will make reasonable accommodations for applicants with disabilities. If a reasonable accommodation is needed to participate in the job application or interview process, please reach out to candidate.accommodations@HRHelp.Target.com. Non-accommodation-related requests, such as application follow-ups or technical issues, will not be addressed through this channel.