Demand Planner

Flexcon Company • Spencer, MA

4d • $61,150 - $119,220

About The Position

We are currently seeking candidates to fill a Demand Planner role. The Demand Planner plays a crucial role in optimizing inventory levels and ensuring product availability by forecasting customer demand accurately. This position is vital in maintaining a balance between supply and demand to meet organizational goals efficiently. Working closely with cross-functional teams, the Demand Planner utilizes data analysis and forecasting techniques to develop demand plans that drive production and inventory strategies. What will you do in this role?

Requirements

• Bachelor's degree in supply chain, operations, logistics, business administration, or a related field.
• 5+ years experience in a similar role
• Understanding demand planning principles and methodologies, such as statistical forecasting techniques, time series analysis, and demand variability.
• Knowledge of inventory management principles, including inventory control methods, safety stock calculation, and inventory optimization strategies.
• Familiarity with supply chain management concepts, including production planning, procurement processes, and distribution logistics.
• Understanding of capacity constraints and lead time dynamics to accurately forecast demand and plan production activities.
• Knowledge of ERP (Enterprise Resource Planning) systems and demand planning software tools commonly used in manufacturing environments (e.g., SAP, Oracle Fusion, JDA, or similar platforms).
• Awareness of industry-specific regulations, market trends, and competitive dynamics that may impact demand forecasting and inventory management decisions in the manufacturing sector.
• Strong analytical skills and proficiency in data analysis tools (e.g., Qlik, Microsoft Excel, SQL, and statistical software packages) to analyze historical data, identify patterns, and develop accurate demand forecasts.
• Excellent communication skills to effectively collaborate with cross-functional teams, present findings, and articulate demand planning recommendations to stakeholders at all levels of the organization through the S&OP process.
• Problem-solving skills to address demand planning challenges, resolve discrepancies, and develop innovative solutions to improve forecast accuracy and inventory optimization.
• Time management and organizational skills to manage multiple priorities, meet deadlines, and adapt to changing business requirements in a fast-paced manufacturing environment.
• Attention to detail and accuracy in forecast calculations, data entry, and documentation to ensure the reliability and integrity of demand planning processes.
• Adaptability and flexibility to navigate ambiguity, handle unforeseen changes, and adjust demand plans in response to evolving market conditions or business needs.
• Proficient in Microsoft Office (including Excel)

Nice To Haves

• S&OP process experience a plus

Responsibilities

• Develop accurate demand forecasts based on historical data, market trends, sales inputs, and other relevant factors to anticipate future customer requirements.
• Lead and facilitate Demand Review segment of S&OP.
• Collaborate with sales, marketing, production, and procurement teams to gather information on promotions, product launches, and other events that may impact demand.
• Make sure that business assumptions underlying the demand plan are reviewed, updated, agreed upon and documented.
• Analyze demand patterns, sales trends, and market dynamics to identify opportunities for improving forecast accuracy and inventory optimization strategies.
• Monitor forecast accuracy metrics and continuously refine forecasting models to improve forecast reliability and reduce forecast error.
• Work collaboratively with others to solve problems such as data issues.
• Provide input to production planning processes by communicating demand forecasts and collaborating with production teams to align production schedules with demand expectations.
• Identify opportunities to streamline supply chain processes and improve efficiency, such as lead time reduction, supplier collaboration, and inventory optimization initiatives.
• Prepare and present regular performance reports, including key performance indicators (KPIs) related to demand forecasting accuracy, inventory levels, and customer service metrics.
• Foster effective communication and collaboration across departments to ensure alignment of demand planning activities with overall business objectives.
• Proactively seek opportunities for process improvement and implement best practices to enhance the effectiveness and efficiency of demand planning processes in collaboration with the Director Master Planner.
• Identify potential risks to demand forecasts, such as changes in market conditions or customer behavior, and develop contingency plans to mitigate potential disruptions.
• Leverage demand planning software and tools to facilitate forecasting, data analysis, and reporting activities, ensuring efficient and accurate demand planning processes.

Benefits

• At Flexcon, we offer a comprehensive compensation and benefits package that includes base salary, healthcare coverage (medical, dental, and vision), life and disability insurance, 401(k) with company match, paid time off, wellness programs, and tuition assistance.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Number of Employees: 501-1,000 employees