Demand Planning and Sourcing Analyst

Wego Chemical Group is a global distributor and sourcing partner of chemicals and ingredients. We are an established player in the global specialty chemical markets, providing end-use manufacturers across industries in North America, LATAM, & EMEA with end-to-end supply chain solutions from across the globe. Our team has been operating for over 45 years, serving customers in over 25 countries, with 200 professionals in 9 offices strategically located across 4 continents. Wego is family owned and operated, with 3 members of ownership across 2 generations actively serving in leadership as CEO, COO, and CCO.

Job Summary
In this role, the Demand/Supply Planning & Sourcing Analyst one should have an analytical mind and a strong business acumen. Problem-solving skills and attention to detail are essential. Experience in logistics and supply chain processes are also a plus. Your goal will be to improve our Demand planning process and support local and global sourcing initiatives.

Responsibilities

• Demand / Supply Planning
  • Support the global roll out
  • Provide recommendations and solutions to the business
  • Create SOPs, for implementation
  • Drive Continuous Improvement
  • Work closely with IT when needed to ensure that the Demand/Supply Planning tool is accurately reflecting data and is fully operationally considering major business changes such as warehouse consolidation
• Sourcing - Procurement
  • Conduct thorough market research and alternative supplier research analysis to drive strategic sourcing within the organization.
  • Support the global Sourcing Managers in any sourcing related tasks associated with suppliers located in NA/EMEA/LATAM
  • Support the New Product Sourcing process by utilizing Sales Force tool and engaging the proper Sourcing Team around the globe
  • Coordinate with related parties and deploy operational KPIs to ensure operations on track and continuous improvement
  • Monitor throughput costs and continuously seek optimization opportunities.
  • Proactively propose new supplier or product business opportunities to commercial organization to drive growth.
  • Support the sourcing organization transformation goals: TCO savings, working capital, service (lead-time reduction), quality, innovation, improved processes, etc.
• Monitor inventory procedures.
  • Employ statistical methods and data analytics tools to forecast demand, monitor inventory levels, and ensure timely product delivery to customers.
  • Implement effective demand planning strategies by leveraging historical sales data, market trends, and customer insights to accurately forecast product demand.
  • Performs regular analysis to evaluate issues that could arise from changes in demand plan or supply plan.
• Assist in cultivating positive relationships with business partners.
  • Collaborate with cross-functional teams to devise and implement supply chain strategies aimed at optimizing inventory management, refining procurement processes, and enhancing overall operational efficiency.
• Track KPIs and report on supply chain s performance.
  • Conduct KPI analysis and reporting using advanced data analytics techniques within the IBP software solution, to evaluate demand and supply planning performance, including inventory turnover and order fulfillment metrics.

Key Qualifications

• Must have experience in Sourcing and preferably chemical sourcing
• Preferred experience in Demand Planning and related process(es)
• Familiarity with supply chain processes including inventory planning, and warehouse management.
• Working knowledge of MS Office, relational databases, and ERP systems knowledge of Oracle is a plus.
• Analytical mind with business acumen.
• Problem-solving aptitude.
• Attention to detail.
• Excellent communication and organizational skills.
• Outstanding organizational ability.
• BSc/BA in Logistics, Business Analytics, Mathematics, or a related field