What are the responsibilities and job description for the Mgr, Merch Planning position at Tractor Supply Company?
Overall Job Summary
The Manager, Merchandise Planning leads a team responsible for executing the strategic vision of Tractor Supply Company to maximize profitability and inventory productivity. The Manager oversees Budgeting, Pre-Season Planning, Assortment Planning, Open to Buy and Data Analytics for an assigned Merchandising Division. This position requires strong collaboration with Merchandising, Inventory Management, Space Planning, Pricing and Supply Chain.
Essential Duties and Responsibilities (Min 5%)
Experience: 6 years’ experience in Merchandise Planning, Assortment Planning, Allocation, Financial Analysis or Merchandising; 1-2 years of managing a team preferred.
Education: Bachelor’s Degree in Business, Finance, or related study. 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.
The Manager, Merchandise Planning leads a team responsible for executing the strategic vision of Tractor Supply Company to maximize profitability and inventory productivity. The Manager oversees Budgeting, Pre-Season Planning, Assortment Planning, Open to Buy and Data Analytics for an assigned Merchandising Division. This position requires strong collaboration with Merchandising, Inventory Management, Space Planning, Pricing and Supply Chain.
Essential Duties and Responsibilities (Min 5%)
- Lead and manage a team of merchandise planners in the development, analysis and revision of sales, inventory, markdowns, and profit.
- Build long range plans in support of assigned merchandising division that aligns with company goals utilizing advanced analytics and statistical analysis.
- Ensure the financial strategy is consistent with the financial budget and profit parameters of the assigned merchandising division.
- Develop and maintain risk assessment modes to determine buy levels, maintain profitability, and influence the Open to Buy positions of the merchandise planners.
- Create processes that support integrated business planning in collaboration with cross functional business partners.
- Recommend actions and communicate issues that relate to financial planning of merchandise or that may hinder TSC’s ability to achieve financial objectives.
- Lead and direct appropriate business meetings to ensure that the financial plan aligns with the Merchandising strategy to achieve company goals, present information to senior leadership.
- Hire and develop a quality team of merchandise planners with a focus on training and development of skills and business acumen.
- Create an environment to support succession planning and regular performance reviews which address personal growth and development.
- Build strong partnerships with cross-functional teams in Merchandising, Inventory Management, Space Planning, Pricing and Supply Chain to drive strategy and manage the business.
Experience: 6 years’ experience in Merchandise Planning, Assortment Planning, Allocation, Financial Analysis or Merchandising; 1-2 years of managing a team preferred.
Education: Bachelor’s Degree in Business, Finance, or related study. Any suitable combination of education and experience will be considered.
Professional Certifications: None.
Preferred Knowledge, Skills Or Abilities
- Expertise in Retail Math with strong statistical, analytical, and mathematical skills.
- Preferred Systems Experience: SAP, Business Objects, JDA, TM1, MMS, E3 or other planning/inventory management software.
- Strong skill set in Microsoft Office, highly skilled in Excel.
- Highly effective verbal and written communication skills with emphasis on communicating financial concepts.
- Ability to read and analyze financial reports along with summarizing findings to create actions.
- Proven track record of process of improvement and problem-solving.
- Good organization and workload prioritization skills, detail oriented.
- Normal office working conditions
- Lifting up to 10 pounds
- Sitting
- Standing (not walking)
- Walking
- Kneeling/Stooping/Bending
- Driving a vehicle
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.