At Tata Consumer Products Ltd, we stand #Forbetter - Planet, Sourcing, Nutrition, Communities. And #ForBetter Opportunities .... Here's an exciting one!
How does this Job align to our Strategy?
At the core of Tata Consumer Products' business approach lie six strategic pillars that serve as the foundation for its growth and success : Strengthening & Accelerating our Core Business, Driving Digital and Innovation, Unlocking Synergies, Creating a Future-Ready Organization, Exploring New Opportunities and Embedding Sustainability.
This job opportunity closely aligns with the pillars of Strengthening our Core Business & Creating a Future Ready Organization . The Demand Planner is responsible for developing and maintaining accurate demand forecasts for all our brands. This role is responsible to analyze sales data and market trends to identify patterns and drivers that impact demand. In collaboration with cross-functional teams, the demand planner will gather information on factors that may impact demand, monitor actual sales performance against forecast and refine forecasts based on changing customer promotional need.
Top dimensions :
- Geography : Landover, MD
- Working Environment : Hybrid Position
- Type of Role : Individual Contributor
- Primary Stakeholders (Optional) : Sales, Marketing and Supply Planners
What are the Key Deliverables in this role?
Demand Forecast Accuracy
Improve and maintain statistical forecast models to create accurate demand forecasts for all product categoriesManage outlier detection, maintain base and promotional forecasts coming from TPM system into GIBEvaluate the results of the statistical forecast at customer, warehouse, package, material level and make the necessary adjustment to reflect the most appropriate demand forecast resultsFlag significant variances between statistical forecasts and RSM-entered demand plans to improve accuracyProactively use trend analysis, forecast vs actual results and data input of volume by utilizing customer promotional calendars, history and current informationInternal Processes
Lead the demand planning meetings, prepare and present analysis -This role will partner with the Sales Strategy team and Regional Sales Managers to gather data and transfer information into the demand planWork with the sales and marketing team to ensure that they've reached consensus upon a demand planPrepare and lead the monthly commercial alignment meetings between Sales, Finance and Supply LeadershipAble to navigate through complex business processes with understanding of upstream (commercial) and downstream (supply planning, manufacturing and logistics) implicationsCollaborate closely with Supply Planners to maintain up-to-date information on capacity, capability, supplier constraints in the supply networkProduct Lifecycle Management
Own product lifecycle management and distribution tracker to ensure that any add / delete items are promptly updated in the system to avoid impacting forecast accuracyEnsure changes in Supply Chain (SKU / Material Intro and deletion, Distribution / Network changes) are managed end-to-end including forecast needs, re-alignment requirements of sales history, maintenance of planning tables and other master data fields in SAPEnsure the flow of customer specific demand plans through the planning process and enterprise software tools (TPM, GIB, Clearview etc.) and provide item specific input into the monthly S&OP processInnovation and Learning
Contribute to continuous enhancement in the long-term demand planning processContinuously look for opportunities to improve processes, identify issues and provide recommendations for improvementPropose and implement solutions to improve demand forecast accuracyRequirements
What are the Critical success factors for the Role?
Bachelor's degree preferred, preferably in Supply Chain Management, Finance, Operations Management or Engineering5 years' experience in demand planning within FMCG businessStrong forecast, supply planning experienceProject management experience preferredExperience with MS Office SuiteWhat are the Desirable success factors for the Role ?
Strong understanding of supply chain management, logistics, and inventoryProficiency in using demand planning and forecasting software such as GIB / SAP is necessary, as well as Microsoft Excel and other data analysis toolsProficiency in analyzing large sets of data and using data visualization tools to identify trends, patterns, and insightExcellent oral and written communicationPrior CPG experienceDetail orientatedBenefits
What does Tata Consumer Products offer you?
Federal Holidays / 3 Weeks Vacation / 2 Floating Holidays Per Year / 2 Volunteer DaysMedical, Dental, Vision401K Match up to 4%Employee Referral BonusEmployee Discount on Local & National RetailersPremium Subscription to Wellness AppWe are obsessed about keeping Consumers & Customers first in our hearts - that's why we are here !
We are trailblazers in executing with Excellence ... Together as One Team
We take Ownership of our business ...delivering value for our Stakeholders .. no Compromises
We are Open to Continuously improving ... Continuously innovating ... For Better
We live & breathe our Tata Code of Conduct !
