Key Responsibilities
- Demand Planner, analyse and amend individual product forecasts taking into consideration demand history and trends, company strategy, product knowledge and marketing intelligence.
- Evaluate the most economical supply strategy for individual products and suppliers. Agree the best strategy with the appropriate Buyer and monitor future amendments or non-compliance.
- Check the stock health. Investigate any issues and communicate actions to the appropriate colleagues and management.
- Plan for the successful introduction of new products. Measure weekly sales performances by product in year 1 and year 2 highlighting any over and under performance and taking action as necessary.
- Assist in ensuring a seamless transition from current products to superseding or new products within the catalogue window. Make recommendations about proposed de-lists to minimise future obsolescence. To understand the business requirements and map it to functional specifications.
- Take responsibility for forecasting and supply planning at divisional level. Discuss with Divisional Directors, Product Managers and Buyers to gain the latest market and product intelligence.
- Analyse and measure the resulting forecast against financial plan - discuss/review any variances.
- Generate cash flow and inventory projections and management information reports as required. Analyse Forecast accuracy and Inventory KPIs, take actions as necessary to correct under performance.
- Take responsibility for the forecasting and planning aspects of key business initiatives.
Minimum Qualification and Experience
- 1-3 years of overall industry experience in similar role.
Mandatory Skills
- Good knowledge about Inventory management.
- Experience of working with large volumes of data.
- Experience with Statistical background.
- Purchasing knowledge within a Consumer goods environment.
- Knowledge of forecasting algorithms such as Standard Moving Average, Double Exponential Smoothing, Bayesian Forecasting Method.
- Knowledge in Advance Excel.
- Knowledge of Databases and SQL.
Desired Skills
- Experience with Purchasing knowledge
- Experience in Multi-channel forecasting.
- Knowledge of forecasting parameters and their effects on the forecast
- Knowledge of forecasting performance measures such as MAD or MAPE.
- Numerate with an analytical approach and sound commercial awareness.
Competency Requirement
- Excellent written and verbal communication skills.
- Excellent Planning and Organization skills.
- Excellent interpersonal skills – ability to work with multiple teams.
- Excellent analytical skills.
- Detail orientation.
