This highly visible individual will orchestrate and manage forecasts for weekly category promotions in partnership with Pricing Data Science, Category Management, and Merchandise Planning.Manage forecasting across divisions in collaboration with Optimization teammates, providing accurate estimates for Departments under your purview.Operationalize the forecast in collaboration with outputs co-authored by the Pricing Data Science team and the ML system.Work with cross-functional partners in Planning, Supply Chain, and Marketing to identify opportunities for improvements to the Price Forecasting data and process.Quantify the accuracy of the Forecast in comparison to Merchandise Financial Plan (MFP) to define problem areas.Identify forecast errors, as well as the nature and/or bias of said errors, to convey to the Pricing Data Science for modeling improvements.Foster regular engagement with Optimization partners to identify both qualitative and unknown data points into consideration of forecasting processes and results.Establish best practices and maintain process documentation/task flows in support of Price Forecasting Analysts.Influence decisions and drive change in operating processes with a focus on driving positive financial results.Take on ownership for areas of pricing that cross divisional boundaries (e.g., channel differences, country differences) as directed by the supervisor.Take on roles in cross-functional projects or reporting as identified by the supervisor.
Minimum Education
Bachelor’s Degree Required.
Minimal Special Certifications or Technical Skills
Advanced MS Excel Required.
Minimum Type of Experience the Job Requires
3 or more years of relevant business experience; Retail and/or Pricing experience Preferred.
Preferred Education
MBA Preferred.
Preferred Special Certifications or Technical Skills
Superior understanding of Retail Finance, Pricing Analytics, and Retail Operations.
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. As the leading creative destination 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, and MakerPlace by Michaels, a dedicated handmade goods marketplace. 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 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).
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