Description
In this role, you will be responsible for ensuring product demand is met. Monitoring forecasts, analysing sales data and ensuring stock levels are optimised in line with demand and inventory targets, maximising sales and minimising risk for the business.
Providing actionable analysis to support the business’ growth plans with a data driven approach is key.
Responsibilities
* Working with the Demand Manager to develop effective forecast models tailored for each brand, product, industry trends and demand patterns.
* Reviewing sales forecasts to ensure they are aligned with historical data and business growth strategy
* Producing annual and monthly demand plans based on agreed forecasts for new and existing models.
* Analysing sales and inventory data to monitor product and brand performance against forecast for each territory. Conducting monthly forecast maintenance.
* Attending regular meetings with Brand Managers and sales to review brand performance, often down to SKU level, and provide updates on availability
* Highlighting areas of concern and providing risk assessments and mitigation activities.
* Taking a proactive and data led approach to address demand-related issues in a timely and effective manner.
* Reviewing the impact on budget for any changes in demand / deviation from forecast and ensuring this is communicated to senior team.
* Monitor and report on action points from Brand review meetings, e.g. success of specific campaign performance to accelerate sales, performance of specific territories
* Communicating with internal teams to obtain information on occurrences that could impact demand like promotions and production delays
* Work closely with the Supply team to ensure that forecasts and demand plans are communicated successfully and supply capabilities are accounted for
* Planning intake (PO) requirements inline with demand. Ensuring requirements are met and we optimise sales.
* Working closely with the Supply on a daily basis to ensure that supply and demand are aligned.
* Regular meetings with Brand Managers, Sales and Supply teams to ensure a strong cross functional process and working in line with S&OP procedures.
Requirements
* Degree in business, supply chain or other relevant fields (ideal but not essential D.O.E)
* A minimum of 3 year experience in a merchandising/demand planning/forecasting role
* Solid understanding of inventory management practices and procedures.
* Highly analytical - able to analyse data and construct reports using Excel
* Strong mathematical and statistical knowledge.
* Capability to multitask in a fast paced environment.
* Proactive, with the ability to foresee problems and find solutions to mitigate business risk
* Excellent written and verbal communication skills.
* Fluent in English, other languages are a plus
* Good knowledge of software tools: Excel advanced, SAP and Microsoft Dynamics NAV