Job Summary Responsible monthly / quarterly / annually demand forecast update, analyzing demands, assessing forecast trends, forecasting error and bias, and applying statistical forecasting models to develop both short and long-term forecast models. Works with business partners on market insights, forecasting issues, demand alignment, and finished goods safety stock, etc. Conducts rationale analysis behind demand plan for supply chain operations for production plan, material demand, purchase plan, and capacity and constraint planning. Supports Sales and Operations Planning processes and updates planning parameters, including production models, build types, forecast types, and product tiers. Designs and develops operation-planning models and tools that ensures that optimal outcomes achieved with an end-to-end system solution. Supports the system functions in demand planning, MRP supply chain planning, and inventory management, distributions shipping planning, etc., along with oversight, reporting and business analysis in support of the development of systems, processes, and analytics across Supply Chain. Collaborates with business partners/owners to work on user requirement, design, development, testing and training. Duties & Responsibilities Support monthly, quarterly, and annually demand forecast update for rolling 16 months horizon and feed Supply Chain Planning process for all Masimo shippable products. Analyze demands, assesses forecast trends, and evaluate forecast error and bias at a Demand Forecasting Unit (DFU) level. Provide statistical forecasting models and supply chain demand recommendations to affiliated sales and operations for short and long-term forecasts. Collaborate with business partners (e.g., Sales & Marketing, Finance, Supply Chain teams, OEM, and NPI Engineering) to gain insight on sales activities, market trends, new product introduction, and capacity status. Participate in continuous improvement initiatives for S&OP, Demand Management, and Statistical forecasting processes. Maintain forecast assumptions/comments/drivers for any Demand Forecasting Unit (DFU) exceeding established targets to align with company’s strategic decisions and new opportunities. Evaluate forecasting systems, tools, and processes to identify refinement, optimization, and enhancement opportunities. Support product EOL, product discontinuation, NPI (New Product Introduction), and Product Life Cycle Management strategies Conduct rationale analysis behind demand plan for supply chain operations plan for production plan, material demand, purchase plan, inventory, capacity, and constraint planning. Work on new product categorization and planning parameters, including production models, build types, forecast types, and product tier. Support developing the safety stock strategies and updates for all part levels to ensure optimized FG inventory level that aligns with Masimo’s global production, distribution, and inventory strategies. Participate in Affiliate Demand Review and company’s S&OP process. Utilize Masimo’s Planning System (Kinaxis RapidResponse) to support department objectives. Conduct analysis for gaps between updated demand plan and existing capacity and constraints. Perform ad hoc data analysis for business reporting as required, and implements special projects as requested. Responsible for data integration and integrity between native Operations business systems and tools. Support full system/tool development life cycle from the collecting user requirements/ design/ development/ testing/ launching/ training/ communication for issues fixed or new and enhancement solutions. Responsible for maintenance of home-grown operations planning tools and MRP systems. Collaborate with IT as required to develop and improve planning and operations tools and systems to optimize operations management analysis capability and management functionality. Interface between Operations and Information Systems and effectively communicates technical concepts to business users at all levels of the organization. Provide user training on systems, applications, and reports. Perform other duties and projects as assigned.
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Job Type
Full-time
Career Level
Mid Level