Allocations Analyst

Michaels • United States, United States • 4w ago

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.

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 .

Michaels offers a range of benefits to support team members and their families. Depending on position and eligibility, team members may have access to a 401(k) with employer match, an Employee Assistance Program, medical, dental, and vision coverage, telemedicine services, flexible spending accounts, commuter benefits, tuition assistance, adoption assistance, and various voluntary insurance options. All team members enjoy everyday perks such as employee discounts and access to partner discount programs. For a summary of benefits, visit the Michaels Benefits at a Glance (https://careers.michaels.com/us/en/benefits) page. For additional information regarding benefits, visit MIKBenefits.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).

EEOC Know Your Rights Poster in English (https://www.eeoc.gov/sites/default/files/2022-10/22-088\EEOC\KnowYourRights\10\20.pdf)

EEOC Know Your Rights Poster in Spanish

EEOC Poster Optimized for Screen Readers (https://www.eeoc.gov/sites/default/files/2022-10/EEOC\KnowYourRights\screen\reader\10_20.pdf)

Federal FMLA Poster

Federal EPPAC Poster (https://www.dol.gov/sites/dolgov/files/WHD/legacy/files/eppac.pdf)

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