Overview
Direct message the job poster from LG Electronics UK
Life’s Good at LG!
At LG, we deliver products and services that make lives better, easier and happier through increased functionality and fun. LG offers the latest innovations to make “Life Good” – from home appliances and consumer electronics to business innovations in digital signage, air conditioning, solar and LED lighting. As a global leader, we strive for product leadership, market leadership and people leadership to realize our growth strategies.
LG is the right place for you if you are motivated, driven, a people person, honest and willing to speak up when it’s the right thing to do.
This is a fantastic opportunity to join our SCM team as a Demand Planner within our TV department.
Your Role & Responsibilities
* Our demand planning team is responsible for LGs flagship products across Home Entertainment (TV, AV), Home Appliances (REF, WM), and Information Technology (IT). As a Demand Planner in TV, you will assume responsibility for maintaining forecast performance and supply plan information flow. You will gather and analyse weekly stock levels and generate a consolidated forecast, uploading the forecast to the central global demand planning system and forecasting performance.
Responsibilities
* Working in conjunction with Marketing, Sales & Supply Chain Managers to develop, progressively improve forecasting process, improve accuracy and reduce forecast volatility through coordinated innovation activity.
* Analyse historical trends, PSI and market trends on a weekly basis using statistical analysis tools to generate weekly forecasts. Collect and review sales forecasts weekly, identifying trends on fast & slow-moving products. Maintain seasonality trends and account for exceptional market changes: Promotional activity, national/international events.
* Monitor periodic performance measures and supplier/customer non-conformance to enable process improvement in the Supply Chain. Provide fact-based analysis with a corrective action plan.
* Build collaborative relationships with key customers to drive forecast accuracy, process improvements, and free flow of information; enhance Sales Management, Supplier & Customer working relations. Objective: optimize Inventory velocity (LTS/DIO) and cash flow.
* Weekly S&OP meeting with supplier factory to update production plan and prepare rolling forecast template.
* Ensure regular review and reporting of progress to the Demand Planning Manager, Sales Head, SCM director, and European Supply Chain; identify bottlenecks and recommend remedial action.
Skills, Education & Experience
* Prior knowledge and experience of Forecasting and Supply Chain principles; strong supply planning experience preferred (inbound into country, outbound to customer).
* Good understanding of the commercial process, production planning and retail interface/order fulfilment.
* Understanding the appropriate Business Unit market is an advantage.
* Highly proficient in using Microsoft Excel (pivot tables, V-lookups, formulas) and comfortable using new systems.
* Strong analytical skills and ability to challenge forecasts; ability to reach consensus between parties.
* Logical, proactive problem-solving and ability to work in a fast-paced, dynamic environment.
* Experience in a performance management environment – KPIs and Service Level Agreements.
* Compensation and benefits: 9% Employer Contribution to Pension; Life Assurance; Private Healthcare (including optical & dental) for you and your family; 25 Days’ Annual Leave (+ Public Holidays); Staff Discount; Subsidised Cafeteria.
Equal Opportunity
LG Electronics U.K. Ltd is an equal opportunities employer. We welcome applications from all suitable persons regardless of race, sex, disability, religion/belief, sexual orientation or age.
Right to Work
Please note that any job offer made will be conditional on the individual holding a legal right to work in the United Kingdom by the time employment commences.
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