What are the responsibilities and job description for the Merchandise Planer position at Tractor Supply Company?
Overall Job Summary
This position is responsible for driving financial performance relating to Sales, Inventory productivity, Sell Through, and Margin through a strong working knowledge of merchandise planning techniques and principles. Candidate will work to develop strong teamwork between Inventory Management, Space Planning, Store Ops, Pricing, Supply Chain and Merchandising. The successful candidate will create Annual, Pre-Season, and Assortment Plans that balance Tractor Supply Company's Merchandise and Inventory Productivity strategies and will collaborate with all functional areas to ensure those plans are executed. They will analyze and interpret data from multiple sources, provide forecasting support, and suggest appropriate actions by managing the Open-To-Buy and In-Season Monitoring processes.
Essential Duties and Responsibilities (Min 5%)
Experience: 6 plus years of retail experience, including a minimum of 3-5 years in planning, merchandising, or Inventory Management.
Education: BS in Business, Retail, or other related field from an accredited college or university. Any suitable combination of education and experience will be considered.
Professional Certifications: None.
Preferred Knowledge, Skills Or Abilities
This job description represents an overview of the responsibilities for the above referenced position. It is not intended to represent a comprehensive list of responsibilities. A team member should perform all duties as assigned by his/ her supervisor.
Company Info
At Tractor Supply and Petsense by Tractor Supply, our Team Members are the heart of our success. Their dedication, passion, and hard work drive everything we do, and we are committed to supporting them with a comprehensive and accessible total reward package. We understand the evolving needs of our Team Members and their families, and we strive to offer meaningful, competitive, and sustainable benefits that support their well-being today and in the future.
Our benefits extend beyond medical, dental, and vision coverage, including company-paid life and disability insurance, paid parental leave, tuition reimbursement, and family planning resources such as adoption and surrogacy assistance, for all full-time Team Members and all part-time Team Members. Part time new hires gain eligibility for TSC Benefits by averaging at least 15 hours per week during their 90-day lookback period. The lookback period starts the first of the month following the date of hire. If the 15-hour requirement was met, the benefits eligibility date will be the first day of the month following 4 months of continuous service.
Please visit this link for more specific information about the benefits and leave policies applicable to the position you’re applying for.
This position is responsible for driving financial performance relating to Sales, Inventory productivity, Sell Through, and Margin through a strong working knowledge of merchandise planning techniques and principles. Candidate will work to develop strong teamwork between Inventory Management, Space Planning, Store Ops, Pricing, Supply Chain and Merchandising. The successful candidate will create Annual, Pre-Season, and Assortment Plans that balance Tractor Supply Company's Merchandise and Inventory Productivity strategies and will collaborate with all functional areas to ensure those plans are executed. They will analyze and interpret data from multiple sources, provide forecasting support, and suggest appropriate actions by managing the Open-To-Buy and In-Season Monitoring processes.
Essential Duties and Responsibilities (Min 5%)
- Primary focus on merchandise financial plans, building assortment plans and completing financial analysis. Create and present Assortment Plans in accordance with the official line review schedule. Completed assortment plans will accurately reflect a balance of merchandise strategy, financial objectives, and the varying regionality of TSC's stores.
- Forecast and Plan promotional (circular, event) items and purchases; research previous results and apply learnings to improve forecast accuracy.
- Create, maintain, and adjust Sales, Gross Margin, and Inventory Forecasts/Open to Buy. Present forecasts to management; provide recommendations and action points as needed. Follow up and report back on progress made on goals.
- Plan, measure, and implement actions to improve Seasonal Sell-thru. Facilitate and manage the seasonal Correction of Errors process with multiple business partners; document learnings and provide recommendations.
- Create and maintain "Key Item" plans on strategically important items. Collaborate with Merchandising on a unit sales forecast and Inventory Management on proper receipt flow.
- Create the Annual Merchandising Budget with close collaboration from Merchandising and Inventory Management.
- Travel as needed to trade shows, vendor facilities, TSC store and DC tours, and off-site training.
Experience: 6 plus years of retail experience, including a minimum of 3-5 years in planning, merchandising, or Inventory Management.
Education: BS in Business, Retail, or other related field from an accredited college or university. Any suitable combination of education and experience will be considered.
Professional Certifications: None.
Preferred Knowledge, Skills Or Abilities
- Preferred Systems Experience: SAP, Business Objects, E3 or other planning/inventory management software.
- Strongly Preferred: Strong skill set in Microsoft Office, highly skilled in Excel.
- Normal office working conditions
- Sitting
- Standing (not walking)
- Walking
- Kneeling/Stooping/Bending
- Driving a vehicle
- Lifting up to 10 pounds
This job description represents an overview of the responsibilities for the above referenced position. It is not intended to represent a comprehensive list of responsibilities. A team member should perform all duties as assigned by his/ her supervisor.
Company Info
At Tractor Supply and Petsense by Tractor Supply, our Team Members are the heart of our success. Their dedication, passion, and hard work drive everything we do, and we are committed to supporting them with a comprehensive and accessible total reward package. We understand the evolving needs of our Team Members and their families, and we strive to offer meaningful, competitive, and sustainable benefits that support their well-being today and in the future.
Our benefits extend beyond medical, dental, and vision coverage, including company-paid life and disability insurance, paid parental leave, tuition reimbursement, and family planning resources such as adoption and surrogacy assistance, for all full-time Team Members and all part-time Team Members. Part time new hires gain eligibility for TSC Benefits by averaging at least 15 hours per week during their 90-day lookback period. The lookback period starts the first of the month following the date of hire. If the 15-hour requirement was met, the benefits eligibility date will be the first day of the month following 4 months of continuous service.
Please visit this link for more specific information about the benefits and leave policies applicable to the position you’re applying for.