Miranda Speckel
Buffalo,MN
Summary
Accomplished Senior Buyer offering 10+ years of experience. With a record of driving results through business growth and profitability. Focused on creative collaboration and problem solving, and creating a team environment that promotes joy, authenticity and inclusion.
Overview
11
11
years of professional experience
Work History
Senior Buyer
Target Corporation
05.2018 - Current
- Managed $700M Seasonal and Home Improvement business within Storage and Utility division.
- Managed assortment scope of over 20 categories, and 150 vendors with mix of import and domestic, owned and national brands, Q4 and BTC sensitivity, and extremely weather sensitive categories.
- Drove business growth +$200M , increased profitability +$100M and tripled digital penetration rate to over 20%
- Launched five brand and business overhauls
- Forecasted trends and improved merchandising strategies.
- Analyzed current vendors and products to stay abreast of market trends and evaluate new suppliers.
- Negotiated policies and contracts with vendors to achieve optimal pricing and consistent availability. Factoring in quality, and reliability.
- Built long-term supplier relationships with vendors to establish quality and competitive pricing.
Buyer- Small Formats
Target Corporation
11.2016 - 05.2018
- Developed and executed merchandising and assortment strategy for Apparel & Accessories in Small Format stores during growth from 9 to 100 store locations. Growing Sales +$41M.
- Drove strategy for localized and segmented assortment and partnered with Core Merchandising to deliver assortment priorities in Small Format stores.
- Led cross functional team to execute all aspects of Apparel in-store experience in Small Format stores.
- Analyzed current Small Format sales performance to inform assortment updates and future planning.
- Fielded customer complaints and facilitated resolving issues, reaching mutual conclusions.
Senior Analyst Small Formats
Target Corporation
05.2016 - 11.2016
- Drove apparel inventory strategies and best methods for Small Format stores including transitions, seasonal events, promotions and new store openings. Improving in store execution by 50%.
- Developed and maintained strong cross functional partnerships and collaborated across organization to drive superior guest reliability and created tools for Small Format sustainability, improving in stocks and guest experience by 70%.
- Recommended and created process improvements to continually identify, analyze and fix constraints and challenges for long term support. Accounting for workload reduction of over 50%
Senior Business Analyst
Target Corporation
10.2014 - 05.2016
- Initiated $2.8M in supply chain cost savings for 2016 by transitioning supply chain methods
- Drove $1.4M in incremental sales by optimizing inventory through segmentation and 10% inventory reduction, reinvesting into top programs, while reducing average inventory by $2M
- Implemented collaborative forecasting to drive workload reduction and providing better accuracy on projections, and educating vendors on new processes, systems and strategies
- Developed segmentation strategy to reallocate inventory to hyper-sensitive stores on key jewelry programs resulting in additional sales of $1M
- Analyzed performance metrics to identify opportunities to increase sales.
- Applied honed problem-solving skills to analyze and resolve issues impacting business operations and goal achievement.
Assistant Buyer
Kohl's
08.2013 - 10.2014
- Built focused Watch assortments to drive $45M in sales, maximizing sales drivers with depth and space for both stores and digital.
- Led merchandising strategies reflecting goals based on historic data, current trends and future forecasts.
- Developed marketing strategies to stand behind national brands and key items through advertising.
- Managed all advertising and pricing across Watch category
- Negotiated prices, discount terms and returns for merchandise.
Merchandise Business Analyst
Kohl's
06.2012 - 08.2013
- Built allocation strategy to capture white space within jewelry category, incorporated sales and turnover to deliver more efficiently to top doors and drive sales.
- Successfully allocated, managed and reported on $62M in holiday receipts to deliver on jewelry gift initiatives.
- Balanced inventory needs for peak flow and targeted inventory goals.
- Successfully managed replenishment styles totaling $150M in receipts to lower inventory pressure and drive positive trends.
- Collaborated with vendors on season projections and shelf stock quantities in order to hold proper inventory levels in all categories.
Education
Bachelor of Science - Business Administration
University Wisconsin - Stout
Menomonie, WI05.2012
Skills
- Vendor Negotiations
- Product Procurement
- Trend Assessment
- Competitive Sourcing
- Data Analysis
- Customer Preferences
Timeline
Senior Buyer
Target Corporation
05.2018 - Current
Buyer- Small Formats
Target Corporation
11.2016 - 05.2018
Senior Analyst Small Formats
Target Corporation
05.2016 - 11.2016
Senior Business Analyst
Target Corporation
10.2014 - 05.2016
Assistant Buyer
Kohl's
08.2013 - 10.2014
Merchandise Business Analyst
Kohl's
06.2012 - 08.2013
Bachelor of Science - Business Administration
University Wisconsin - Stout
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