What are the responsibilities and job description for the Demand Planner position at Master Lock?
Job Description
The Demand Planner will be responsible for managing the forecast for a defined set of products and customers and aggregating up through product lines to the Business and Channel level within The Master Lock Company. This position will develop volume and gross sales forecasts using analytical and collaborative techniques. Key performance measures include forecast accuracy, bias, and service measures. Success in this role requires the ability to work independently with strong analytical and technical aptitude combined with effective collaboration skills through partnership with Supply Chain, Business Units, Sales, Finance, and Customers.
Location : This position is eligible for a hybrid schedule based out of Deerfield, IL. Effective mid-2025, Fortune Brands will transition to a new world-class campus in Deerfield, bringing together associates from across our U.S. offices, brands, and functions. The campus will offer vibrant workspaces for collaboration, along with amenities for dining, onsite daycare, fitness and recreation.
DUTIES & RESPONSIBILITIES :
- Responsible for managing key account forecasts and presenting those forecasts during the Sales & Operations Planning (S&OP) process.
- Manage promotion and event forecasts for assigned accounts as well as timing expectations with customers and internal stakeholders.
- Responsible for driving forecasting engagement and collaboration with the Business Units through S&OP processes as well as Annual Operating Plan for assigned accounts.
- Achieve forecast accuracy targets for assigned categories, and conduct analysis to improve forecast performance.
- Responsible for developing and maintaining new product launch forecasts and collaborating with stakeholders on their performance as well as decisions made regarding their management.
- Acts as key team member for innovative demand planning projects, process improvements or other cross functional projects.
- Identifies and recommends improvements to forecast accuracy using statistical models, industry knowledge and best practices.
Qualifications
Additional Information
Fortune Brands believes in fair and equitable pay. A reasonable estimate of the base salary range for this role is Hiring Pay Range : $55,000 USD - $88,000 USD. Please note that actual salaries may vary within the range, or be above or below the range, based on factors including, but not limited to, education, training, experience, professional achievement, business need, and location. In addition to base salary, employees will participate in either an annual bonus plan based on company and individual performance, or a role-based sales incentive plan.
At Fortune Brands, we support the overall health and wellness of our associates by offering comprehensive, competitive benefits that prioritize all aspects of wellbeing and provide flexibility for our teammates’ unique needs. This includes robust health plans, a market-leading 401(k) program with a company contribution, product discounts, flexible time off benefits (including half-day summer Fridays per policy), inclusive fertility / adoption benefits, and more. We offer numerous Employee Resource Groups to support inclusivity and our associates’ feeling of belonging at work.
Fortune Brands is a brand, innovation and channel leader focused on exciting, supercharged categories in the home products, security and commercial building markets. Our portfolio of brands includes Moen, House of Rohl, Aqualisa, SpringWell, Therma-Tru, Larson, Fiberon, Master Lock, SentrySafe and Yale residential.
Fortune Brands is headquartered in Deerfield, Illinois and trades on the NYSE as FBIN
Equal Employment Opportunity :
FBIN is an equal employment opportunity employer and does not discriminate against any applicant based on race, color, religion, sex, gender identity or expression, national origin, ancestry, age, disability, marital status, protected veteran status, sexual orientation, genetic history or information, or any other legally protected characteristic.
We are committed to a diverse and inclusive workplace and encourage applicants from all backgrounds to apply. To support our efforts, we invite you to voluntarily share your gender, ethnicity, and veteran status. This information is confidential and helps us ensure an inclusive hiring process and improve our diversity initiatives.
Reasonable Accommodations :
FBIN is committed to working with and providing reasonable accommodation to applicants with disabilities. If you need a reasonable accommodation for any part of the application or interview process, please contact us at fbinleave.fbhs@fbin.com and let us know the nature of your request along with your contact information. Resumes submitted to this email address will not be responded to.
LI-hybrid #LI-AM1
Salary : $55,000 - $88,000
