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| Demand Planner |
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| Description |
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| A highly visible supply chain role that oversees the Demand Planning (forecasting and inventory) requirements process. This is a hands-on position responsible for developing and executing Demand Plan and inventory plans that should enable the company to meet sales and service objectives. Collaboration with other members of the supply chain, sales, marketing, and customer support teams is paramount to achieve these sales and service objectives. |
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| Receive Assignments From: |
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VP Supply Chain and Distribution |
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Forecasting and Inventory Control Manager |
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| Essential Duties and Responsibilities: |
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Designing and generating weekly and monthly statistical forecast reports |
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Continuously improving forecasting techniques, methods, and approaches |
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Relating and measuring the impact of forecast accuracy |
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Evolving and maintaining documentation and standard operating procedures for demand planning processes and systems. |
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Conduct current and future forecasting analysis, insuring forecasting processes and methods are followed. |
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Assemble and analyze all data pertinent to creating the sales forecast (historical sales, market trends, seasonality, promotions, and eventually POS and inventory levels). |
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Establish and utilize best methods (statistical models and software tools) in creating forecasts and respective inventory targets. |
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Make recommended adjustments to forecast and inventory targets based on changes in demand and market trends. |
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Lead forecast and inventory planning meetings with Marketing Managers, reviewing recommended sales forecasts and inventory goals (emphasis on brand transitions, new product introduction, and promotions). |
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Manage inventory targets (including safety stock levels) that are approved by management. |
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Prepare, report, and communicate forecast and inventory measurements to management (forecast accuracy, inventory plan vs. targets). |
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Monitor Stock Keeping Unit (SKU) levels and recommend SKU rationalization initiatives in the future |
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Proactively facilitating, re-engineering, best practices & consensus between functional experts (Demand Planning, Inventory Planning, Purchasing, Sales & Marketing, Operations, Finance, and IT) |
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| Qualifications: |
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| To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill and/or ability required. |
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Background in master scheduling, forecasting, procurement and planning. |
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Strong analytical abilities |
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Strong knowledge of demand planning process within Consumer Packaged Goods Industry |
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Experience using PeopleSoft/JDE(preferred) or other ERP statistical software packages |
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Knowledge of demand management/forecasting tools, forecasting processes in sales, marketing operations, finance, manufacturing and supply chain issues |
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Good communication and Team building skills |
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Detail oriented |
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Extreme accuracy |
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Extensive spreadsheet analysis and strong mathematical abilities |
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3+ years related experience |
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Experience with DRP/MRP functionality |
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Knowledge of turn rates |
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Knowledge of key inventory performance metrics, turns, margin contributions, etc. |
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Ability to lead cross-functionally. |
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Collaborative skills in resolving long and short positions in inventory. |
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Experience in managing end of life cycle and absolute inventory. |
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4 year college degree (Business, engineering or related field) |
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