Demand Planner
3 weeks ago
Our client is looking for a Demand planner to join their team.
**Responsibilities**:
- Designing and generating weekly and monthly statistical forecast reports
- Continuously improving forecasting techniques, method, and approach
- Relating and measuring the impact of forecast accuracy
- Evolving and maintaining documentation and standard operating procedures for demand planning processes and systems.
- Conduct current and future forecasting analysis, insuring forecasting processes and methods are followed.
- Assemble and analyze all data pertinent to creating the sales forecast (historical sales, market trends, seasonality and promotions).
- Establish and utilize best methods (statistical models and software tools) in creating forecasts and respective inventory targets.
- Make recommended adjustments to forecast and inventory targets based on changes in demand and market trends.
- Lead forecast and inventory planning meetings with Marketing Manager and GeneralManager reviewing recommended sales forecasts and inventory goals (emphasis on
- brand transitions, new product introduction, and promotions).
- Manage inventory targets (including safety stock levels) that are approved by management.
- Prepare, report, and communicate forecast and inventory measurements to management (forecast accuracy, inventory plan vs. targets).
- Monitor SKU levels and recommend SKU rationalization initiatives in the future
- Proactively facilitating, re-engineering, best practices & consensus between functional experts (Demand Planning, Inventory Planning, Purchasing, Sales & Marketing, Operations, Finance, and IT)
**Key Skills**:
- Retailer month end sales data analysis
- Sell-thru reporting and analysis
- Forecasting and inventory analysis
- New product launches and promotions
**Qualifications**:
- Background in master scheduling, forecasting, procurement and planning.
- Strong analytical abilities
- Strong knowledge of demand planning process within the cosmetic and retail industry
- Experience using ERP statistical software packages
- Knowledge of demand management/forecasting tools, forecasting processes in sales, marketing operations, finance, manufacturing and supply chain issues
- Good communication and skills
- Detail oriented
- Extreme accuracy
- Extensive spreadsheet analysis and strong mathematical abilities
- 3+ years related experience
- Experience with MRP functionality
- Knowledge of turn rates
- Knowledge of key inventory performance metrics, turns, margin contributions, etc.
- Ability to lead cross-functionally.
- Collaborative skills in resolving long and short positions in inventory.
- Experience in managing end of life cycle and absolute inventory.
- 4 year college degree (Business, marketing or related field)
**Job Types**: Full-time, Permanent
**Education**:
- Diploma (required)
**Experience**:
- related: 7 years (required)
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