Demand Planner
2 months ago
The Demand Planner will be responsible for ensuring that the assigned categories inventory levels meet customer demand while minimizing costs. This role involves analyzing sales data, developing forecasts, and working closely with various teams, including sales and supply chain, to align on sales insights and inventory plans. The Demand Planner will play a critical role in improving forecast accuracy, optimizing inventory levels, and driving business success.
Key Responsibilities
Inventory Planning:
- Create and maintain accurate forecasted inventory plans to ensure optimal stock levels, avoiding both stockouts and overstock situations.
- Establish minimum-maximum inventory, inventory turns, service level and overstock targets to meet corporate standards in all Techo-Bloc distribution centers & establish a production capacity plan, including production hours and product mix by plant.
- Analyze inventory turnover rates and make recommendations to adjust procurement, production, or sales strategies as necessary.
- Develop strategies to minimize excess and obsolete inventory.
Forecasting and Demand Planning:
- Create and maintain 12-month “Category” calendar based on both Techo-Bloc needs, release periods and historical sales volume as well as Vendor capabilities output and schedules.
- Develop and maintain demand forecasts by analyzing historical sales data, market trends, and customer demand patterns.
- Ability to recommend forecasts for new products with minimal or no existing processes, and to develop standardized procedures for future use.
Analysis, Reporting and Recommendations:
- Weekly category performance including sales, liquidation and inventory level by SKU and site
- Data maintenance and cleaning.
- Present and align actionable recommendations with the sales team, operations, and senior management to drive decision-making and process improvements.
- Contribute to the monthly Sales and Operations Plan (S&OP) with other company leaders and executives to align sales objectives, establish sales strategies and identify external variables that will impact forecasts.
Continuous Improvement:
- Analyze variances between actual sales and forecasts (forecast accuracy) to understand the variables affecting demand and to be able to explain them at monthly S&OP meetings.
- Regularly review and improve demand planning processes to enhance efficiency and forecast accuracy.
- Stay updated with industry trends, tools, and best practices in demand forecasting and inventory management.
Qualifications
- Bachelor's degree in Supply Chain Management, Business, Economics, or a related field.
- 2-3 years of experience in demand planning, forecasting, or inventory management of wholesale, retail, CPG or similar business units.
- Strong analytical skills and experience with forecasting tools (e.g., SAP, Oracle, Excel).
- Excellent communication and collaboration skills, with a proven ability to work effectively with cross-functional teams.
- Proficiency in data analysis and report generation, with the ability to derive actionable insights.
- Experience working in fast-paced, dynamic environments with a focus on delivering results.
- Advanced knowledge of Microsoft Excel (pivot tables, XLookup, Power Queries, graphs, etc.).
- Experience with MRP/ERP systems.
- APICS - CPIM (Certified in Production and Inventory Management) is an asset.
Additional Information
If you have what it takes, we want to meet you
Ambition Thrives Here Techo-Bloc is a firm believer in everyone having a voice and the opportunity to make an impact. We value empathy and enthusiasm. If you are determined to support the success of your customers and build a reputation that will set you apart from the competition, this is the place to do it.
We thank all applicants for their interest; however, only those under consideration will be contacted.
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