Demand Planning Analyst

The Supply Chain and Demand Planning Analyst will be accountable for forecasting product demand and creating integrated demand/supply plans. These will align with my client's Factory's manufacturing lead times.

Client Details

My client is a fast growing manufacturer and distributor of lighting fixtures.

Description

1. Demand Forecasting:
   • Data Collection & Analysis: Gathering historical sales data, market trends, seasonality, promotional activities, and other relevant information to inform forecasts.
   • Forecast Evaluation: Monitoring forecast accuracy and identifying areas for improvement. Calculating forecast error metrics (e.g., MAPE, RMSE) and analyzing forecast bias.
   • Collaboration: Collaborating with sales, marketing, product management, and other stakeholders to incorporate their insights into the demand planning process.

1. Demand Review and Consensus:
   • Demand Meetings: Facilitating regular demand review meetings with cross-functional teams to discuss forecast assumptions, identify potential risks and opportunities, and reach a consensus on the final demand plan.
   • Forecast Adjustments: Adjusting the statistical forecast based on market intelligence, promotional plans, new product introductions, and other factors.

1. New Product Forecasting:
   • Analogous Product Analysis: Identifying related products with historical sales data to develop a forecast for new product launches.
   • Market Research: Incorporating market research data and customer feedback into the new product forecasting process.
   • Early Warning Signals: Monitoring early sales data and customer feedback to identify potential issues and adjust the forecast as needed.

Core Functions: Supply Chain Planning

1. Inventory Planning:
   • Inventory Targets: Establishing inventory targets for assorted products and locations based on demand forecasts, lead times, service level requirements, and other factors.
   • Inventory Replenishment: Developing and implementing inventory replenishment strategies to ensure that products are available when and where they are needed.
   • Safety Stock Management: Determining appropriate stock levels to buffer against demand variability and supply disruptions.
   • Inventory Optimization: Identifying opportunities to optimize inventory levels and reduce carrying costs while maintaining desired service levels.

1. Supply Planning:
   • Capacity Planning: Assessing the capacity of manufacturing facilities and distribution centers to meet demand requirements.
   • Production Planning: Developing production plans that align with demand forecasts and inventory targets, considering capacity constraints and material availability.
   • Distribution Planning: Optimizing the flow of goods from manufacturing facilities to distribution centers and to customers.

1. Supply Chain Optimization:
   • Transportation Optimization: Identifying opportunities to optimize transportation routes and modes to reduce costs and improve delivery times.
   • Sourcing Optimization: Analyzing sourcing options and selecting the most cost-effective and dependable suppliers.
   • Collaboration: Communicating with cross-functional teams about upcoming products and launches

Profile

• Will have 3 years of related experience.
• Having a university degree displaying coursework in engineering, business, or manufacturing.
• Have a hands-on, style work ethic, high level of energy, and contagious enthusiasm.
• They are comfortable with MS Excel and Word.
• Have previous technical experience with manufacturing, trading, or production.
• Have particularly strong attention to numbers.
• Can effectively explain your thoughts, ideas, and analysis results (both written and oral).
• They are comfortable working with numbers and creating algorithms to analyze the numbers.

Job Offer

• Bonus
• PTO
• Hybrid or remote schedule
• Health Insurance
• 401k
• Growth opportunities

MPI does not discriminate on the basis of race, color, religion, sex, sexual orientation, gender identity or expression, national origin, age, disability, veteran status, marital status, or based on an individual's status in any group or class protected by applicable federal, state or local law. MPI encourages applications from minorities, women, the disabled, protected veterans and all other qualified applicants.

Salary : $70,000 - $90,000