Inventory Planner

Support Center - Irving

Inventory Planners are responsible for developing and executing demand forecasts to enable the company to achieve sales, gross margin, and inventory objectives. As an Inventory Planner you will be the integration point into the sales forecasting and replenishment of product. You will create and maintain forecast models, incorporate business intelligence, and collaborate with other members of the organization including Category Management, Inventory Management, Pricing, Space Planning, Vendor Community and Store Operations.

Major Activities

• Own multi-level unit demand forecasts using statistical models in the Blue Yonder (JDA) system
• Analyze sales trends, seasonality, promotions, and space changes to build robust Peak Season forecasts
• Create demand forecasts to ensure proper inventory levels to drive promotional events and inventory in-stocks after event
• Present to cross-functional team and leaders at monthly forecast alignment and other miles-stone meetings
• Evolve and maintain documentation for demand planning processes and systems
• Collaborate with Product and Pricing teams to refine forecasts based on updated sales assumptions and strategic changes within the business
• Participate in cross functional strategic initiatives
• Share forecast insights with financial planning and fulfillment teams on key trend shifts
• Actively seek insight on global business metrics such as sales and trends to refine forecast and drive sales
• Partner with fulfillment team to address and resolve inventory issues
• Participate in training of new hires

Minimum Education

• 4-year college degree or equivalent experience

Minimum Special Certifications or technical skills

• Microsoft Office
  • Excel
  • Access (familiarity)

Minimum Type of experience the job requires

• 3+ years of experience
• Demand Forecasting, Financial Planning or other analytical decision making

Other

• Collaborative, Curious, Organized
• Well-developed communication skills and comfortable presenting to groups
• Strong analytical eye to recognize patterns within data

Preferred Education

• Business, Retail, Supply Chain, or related field

Preferred Special Certifications or technical skills

• Blue Yonder (JDA) Demand or other forecasting applications

Preferred Type of experience the job requires

• Demand Forecasting  
• Knowledge of planning process within retail industry

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

At The Michaels Companies Inc., our purpose is to fuel the joy of creativity and celebration. As the leading destination for creating and celebrating in North America, we operate over 1,300 stores in 49 states and Canada and online at Michaels.com and Michaels.ca. The Michaels Companies, Inc. also owns Artistree, a manufacturer of custom and specialty framing merchandise. Founded in 1973 and headquartered in Irving, Texas, Michaels is the best place for all things creative. For more information, please visit www.michaels.com.

At Michaels, we prioritize the wellbeing of our teams by providing robust benefits for both full-time and part-time Team Members. Our benefits include health insurance (medical, dental, and vision), paid time off, tuition assistance, generous employee discounts, and much more. For more information, visit www.michaels.com.

Michaels is an Equal Opportunity Employer. We are here for all Team Members and all customers 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 1-800-642-4235 (1800-MICHAEL).

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