Job
Description
ABOUT US
At Target, we have a vision to become the best - the best culture and brand, the best place for growth and the company with the best reputation. We offer an inclusive, collaborative and energetic work environment that rewards those who perform. We deliver engaging, innovative and on-trend experiences for our team members and our guests. We invest in our team members' futures by developing leaders and providing a breadth of opportunities for professional development. It takes the best to become the best, and we are committed to building a team that does the right thing for our guests, shareholders, team members and communities. Target Merchandising is evolving at an incredible pace. We are constantly reimagining how this $106 billion retailer offers the innovative, guest-inspiring items that Target is known and loved for.
PRIMARY FUNCTION The Clearance Sr. Insight Analysts core responsibility is to create monthly clearance forecast, in line with end of season objectives for transitions and other merchandise exit. Sr. Analysts own creation of these forecasts for internal teams to leverage while planning a quarter/year/season roadmap. They also own clearance performance recapping post the transitions. Insights should include weekly financial recapping, Key metric tracking vs. goals, optimization metrics along with transition recapping. Sr. Analysts will be expected to run assigned business categories often requiring unique analysis, tools and processes. As leaders among their peers, they will also be thought leaders in advancing the capability creation, mentoring and onboarding new team members as necessary.
PRINCIPAL DUTIES AND RESPONSIBILITIES Own financial forecasting for the assigned businesses at both the category/weekly level for use in quarterly budgeting/road mapping and Enterprise Forecast process Work with partner teams mainly merchandising and planning to meet forecasting deadlines and impact to end of season strategy Be the single point of contact for clearance insights supporting an assigned business (online & stores) and gain expertise on end-to-end pyramid and strategy context. This includes recapping clearance performance post transition including clearance timing, model performance, store impact, and guest disruption Create/modify recapping tools and reports to support weekly clearance results and insight generation routines Pair rigorous data analysis with built category context to inform future end of season strategy Drive, lead and deliver new tasks and innovation projects flawlessly with 100% accuracy and timeliness Solve defined problems of high complexity and streamline/redefine processes using structured techniques or automation Create and maintain knowledge documentations, follow operational hygiene (Project management practices, quality assurance & time tracker) Collaborate and build relationships with US-based clearance teams to deliver overall category, and performance goals
Develop and maintains working relationships with engineering teams, product owners, for work around system modernization including Ivy features, Optimization model, and Reporting solutions Manage special projects and captainships designed to deliver critical priorities for Target or advance the total teams performance. Effectively onboard, train and mentor new hires as necessary
REPORTING/WORKING RELATIONSHIPS Reports to Sr. Manager Clearance Key business consultant to enterprise Price & Promotions COE, Business Unit Roundtable (Merchants, Planners, Inventory teams), Digital, Product, Data Analytics and other support areas.
JOB REQUIREMENTS MBA-Retail/Operations management with 2-4 years of experience OR Graduate Business/Commerce/Economics/Science/BE/B Tech with 7-8 years of experience Prior retail/e-commerce experience preferred Advanced knowledge in Microsoft Excel and basic SQL Analytical, self-starter, curious and thrives on learning new capabilities Excellent communicator ability to present to large groups of people, manage cross functional projects and strong organization skills Project management expertise Basic knowledge in financial analytics methodologies and concepts Six sigma expertise (knowledge of tool and lean principles application)
