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117 Target Jobs

Category Planner Target Plus-2

5-6 years

Bangalore / Bengaluru

1 vacancy

Category Planner Target Plus-2

Target

posted 20hr ago

Job Role Insights

Flexible timing

Job Description

About us:
Target is one of the most loved consumer retail brands in the world. At Target, we are constantly improving and innovating our digital shopping experience. Target Plus is one such strategic business initiative offering meaningful guest experiences by bringing high demand brands, on -trend selection to Target.com. We are a one-of-a-kind marketplace, carefully curated and built keeping in mind guests current and changing needs, along with tapping into futuristic market trends.
As a category planner for Target+, you will be responsible for creating effective financial and category growth plans by developing accurate forecasts and actionable strategies in partnership with category management. You will oversee financial planning, forecasting, and analysis for your category, acting as the liaison between category management and FP&A. This role enables you to influence key strategy decisions and support divisional objectives through category expertise and cross-functional partnerships. A significant portion of your responsibilities will involve interpreting financials for the category, conducting "what if?" analysis, and providing recommendations, including risk mitigation strategies
Key Responsibilities:
Business Plan - Strategy & Alignment
  • Analyzing past years performance to understand trends and derive insights
  • Annual financial plan: Building blocks ( Market trends, LRP goals, traffic, ASP, order growth) including template design & framework
  • Developing Annual Plans that deliver Long Range Plan / Multi-Year Strategy Plan growth goals for the pyramid
  • Tracking plan and identifying gaps and suggest growth levers
  • Define financial Guardrails for assortment at the category level (Sales, Margins, SKU count goals, etc.)
  • Partner with category on key seller level planning and budgeting
Build Financial Plans & Risk Management
  • Build granular financial plans to maximize category profitability (Pyramid, Division & Partner level)
  • Lead pre-forecast & forecast routines with insights & devise risk mitigation plan
  • Build promotion demand forecast & work with partner teams (product, promotions, operations) on opportunity sizing & feed into forecasting
  • Planning and forecasting Tools and Templates incl partner planning framework
Cross-functional collaboration
  • Extensive work with global teams on aligning templates, opportunity sizing and growth numbers
  • Partner with cross-functional teams on assessing their impact on business
  • Presenting to senior leadership during business reviews
  • Weekly business recapping on financials with RCA for missing plan with recovery plans
  • VP profit monitoring & improvements
  • Collaborate on assortment planning and channel optimization strategies

About you: Join us if you are
  • Minimum 5-6 years of experience in merchandise planning, forecasting, financial planning. Preferably managing an ecommerce business
  • Sales Forecasting - Proficiency in predicting future sales volumes based on historical data, market trends, marketing campaigns, seasonal fluctuations, and competitor analysis.
  • Market Trend Analysis - Understanding of e-commerce industry trends, consumer behavior, and emerging technologies to incorporate into financial forecasts.
  • Scenario Planning : Ability to create multiple financial forecasts based on different market conditions (best-case, worst-case, most likely).
  • Budgeting and Forecasting Tools: Familiarity with specialized financial planning software and tools.
  • Self- starter with high ownership
  • Flexible, resilient and comfortable working in grey areas that are constantly changing.
  • A wizard with numbers- Can convert data into insights and comfortable working on business modeling
  • Can do story telling with numbers and able to read trends

Employment Type: Full Time, Permanent

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What people at Target are saying

What Target employees are saying about work life

based on 671 employees
84%
89%
74%
97%
Flexible timing
Monday to Friday
No travel
Day Shift
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Target Benefits

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Learning assistance program
Health Insurance
Job Training
Employee engagement
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Free Food
Cafeteria
Work From Home
Health Insurance
Team Outings
Free Transport +6 more
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Target Bangalore / Bengaluru Office Locations

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Bengaluru Office
Headquarter
Target Corporation India, Nagavara Bengaluru
Karnataka 560045
Bengaluru Office
Target Corporation India Limited, Embassy Golf Links Business Park, Challaghatta Bengaluru
Karnataka 560071

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