Bring Your Amazing Self to Work
At Macy's, Inc. we're on a mission to create a brighter future with bold representation for all. This is our Mission Every One. We know that each person here is unique. So we respect and invest in each individual to create growth, pride, and satisfaction. If we are able to bring our whole selves to work, it translates into a more abundant and wider array of ideas and energy for all to benefit from. Our success will be built on amazing colleagues, working together.
Job Overview
The Assortment Planner plays a pivotal role in spearheading the development of the buying framework for a designated category. They craft by-store and channel assortment plans that seamlessly align with overarching strategic and financial objectives. Bringing a progressive, customer-centric approach to the table, they effectively balance sales and profit goals while ensuring optimal inventory productivity. This leadership role demands a keen understanding of market dynamics, a knack for trend analysis, and a commitment to driving excellence in assortment strategies.
What You Will Do
Overall:
- Lead the development and execution of the buying framework for the designated category.
- Collaborate with cross-functional teams to ensure alignment with top-line strategic and financial objectives.
- Conduct in-depth analysis and assessments of pre-market, in-market, and post-market activities.
- Own and drive the Private Brand line plans, considering historical performance and adoption rates.
- Conduct style outs, ensuring alignment with customer preferences and market trends.
- Oversee the allocation process, confirming store matrix and applying Min/Max at the Style level.
- Provide leadership and vision to the Assortment Planning team, fostering a culture of excellence and collaboration.
Pre-Market: - Develop by-store sales and turn plans aligned with annual financial targets.
- Review receipt flow plan to support category needs, addressing variances with Financial Planning.
- Define clustering strategy considering channel, tier/climate differences by category.
- Build and maintain category C-1 in coordination with Divisional Merchandise Manager (DMM).
- Assess current season performance and determine future season replenishment assortment.
- Establish bottoms-up targets for key-item volume drivers, trends, and newness.
- Adjust Private Brand line plans based on historical category performance.
- Assess breadth, depth, and productivity of the assortment.
- Finalize composition of 'shopping list' prior to market appointments.
In-Market: - Quantify Buyer's curated assortment by brand, style, channel, and store cluster.
- Ensure alignment with cluster financial targets and assortment framework.
- Identify duplication across styles and vendors during style out process.
Post-Market: - Conduct style outs in NuOrder or within the market cycle based on system capabilities.
- Address key style out questions, including customer attributes, breadth across price bands, and tier differences.
- Finalize necessary changes after style out and Buy Review; send orders for allocation.
Key Process Updates:
Pre-Market: - Senior Director, Assortment Planning to inspect each Assortment Wedge.
- Discuss top goals, risk and upside assessment, clustering strategy, breadth and depth philosophy, and key door initiatives.
In-Market: - Assortment Director owns quantification.
- If an Assortment Director cannot attend market, an Assortment associate is to attend in their place.
Post-Market: - Style outs to be conducted in NuOrder, including key questions related to customer attributes and tier differences.
- Allocation process includes confirming the store matrix and applying Min/Max at the Style level.
Allocation:
- Confirm store matrix as the first part of the allocation process.
- Apply Min/Max at the Style level to ensure appropriate depth.
- Send EDI allocations to vendors at least 30 days prior to In-DC dates.
- Review receipt availability before releasing orders.
Philosophy for the Leadership Team:
- Have a vision of being a top leader.
- Embrace personal responsibility.
Skills You Will Need
Financial Business Acumen: Ability to understand and analyze financial aspects to make informed strategic decisions.
Retail Strategy and Tactics: In-depth knowledge of market trends, customer behaviors, and competitive landscapes.
Leadership and Team Management: Capability to lead large teams leveraging upward and cross functional influence, fostering collaboration and building trust with a focus on achieving results.
Change Management: Comfort and effectiveness in leading teams through change ensuring successful adaptation.
Visionary Thinking: Ability to be a forward thinking and innovative leader with a vision to drive transformative strategies propelling family of business to new heights.
Communication Skills: Effective communication with candor, valuing open debate to bring the best ideas to life.
Growth Mindset: A growth-oriented mindset, coupled with the ability to coach teams in embracing growth opportunities.
Strategic Planning: Experience in driving strategies and plans supporting a compelling core and curated assortment.
Collaboration and Coordination: Skill in partnering closely with General Business Managers (GBMs) and Digital Directors for coordination and alignment across digital strategy and families of business.
Who You Are
- Dedicated to fulfilling ideals of diversity, inclusion, and respect that Macy's aspires to achieve every day in every way.
- Candidates with a bachelor's degree or equivalent work experience in a related field are encouraged to apply.
- Regularly required to sit, talk, hear; use hands/fingers to touch, handle, and feel. Occasionally required to move about the workplace and reach with hands and arms. Requires close vision.
- Able to work a flexible schedule based on department and company needs.
What We Can Offer You
- An inclusive, challenging, and refreshingly fun work environment
- Competitive pay and benefits rooted in principles of equity
- Performance incentives and annual merit review
- Merchandise discounts
- Health and Wellness Benefits across medical, dental, vision, and additional insurance
- Retirement Savings Plan with 401k match opportunity
- Employee Assistance Program (mental health counseling and legal/financial advice)
- Resources for continuous learning, career growth, and leadership development
- 8 paid holidays
- Paid Time Off (first year prorated depending on start date)
- Tuition reimbursement program
- Guild education benefit funds 100% of tuition, books, and fees in designated programs
- Colleague Resource Groups (CRGs) and give-back/volunteer opportunities
- Empowerment and autonomy to perform impactful work with tangible results
About Macy's
Now is an exciting time for a Macy's career as we continue to focus on creating exciting and memorable experiences for every Macy's customer, whether their journey starts online or in the store. Our opportunities in Sales, Merchandise, Operations, Customer Service, Warehouse, Marketing, and other areas let you express your creativity and commitment to excellence, grow your career and make a difference to your Macy's colleagues and customers.
Bring your creativity, energy, and ideas to the Macy's team - Apply Today!
MERCH00
This position may be eligible for performance-based incentives/bonuses. Benefits include 401k, medical/vision/dental/life/disability insurance options, PTO accruals, Holidays, and more. Eligibility requirements may apply based on location, job level, classification, and length of employment. Additional benefit details are available at macysJOBS.com.
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