Senior Demand Planner

Fortune BrandsDeerfield, IL
3d$71,000 - $110,000Hybrid

About The Position

The Senior Demand Planner and Analyst will be responsible for managing the forecast for a defined set of products and customers and aggregating up through product lines to the Business and Channel level within The Master Lock Company. This position will develop volume and gross sales forecasts using analytical and collaborative techniques. Lead discussions at various points in the Sales and Operations Planning process. Facilitates forecasting meetings with internal and external stakeholders. May serve as project member or lead on innovative projects in demand planning or other cross functional projects. Key performance measures include forecast accuracy, bias, and service measures. Success in this role requires the ability to work independently with strong analytical and technical aptitude combined with effective collaboration skills through partnership with Supply Chain, Business Units, Sales, Finance, and Customers. Location: This position is eligible for a hybrid work schedule, reporting into our HQ in Deerfield, IL.

Requirements

  • Bachelor’s Degree required
  • Requires a minimum of 5 years of demand planning and/or sales analytics experience
  • Advanced knowledge of Microsoft Excel required
  • Experience in demand planning software or related application
  • Requires a basic knowledge of business math, including gross margin percent, inventory turns, ROI, etc.
  • Must possess strong analytical skills and excellent database and spreadsheet capabilities. Must be comfortable working with large data sets.
  • Must have ability to learn and manage a variety of database applications, including customer-specific online systems. Experience with retailer online portals a plus.
  • Must possess strong written and verbal communication skills; ability to work cross-functionally and with all levels of the organization.
  • Must possess ability to multi-task; accept changes in direction and priorities quickly; and work with a sense of urgency.
  • Must demonstrate ability to work with a high level of detail, accuracy and accountability.
  • Must be a team player. Requires daily communications with management and sales.

Nice To Haves

  • Experience with data visualization software (Microsoft Power BI, Tableau) preferred but not required

Responsibilities

  • Responsible for managing high volume, key account forecasts and presenting those forecasts during the Sales & Operations Planning (S&OP) process
  • Manage promotion and event forecasts for assigned accounts as well as timing expectations with customers and internal stakeholders
  • Responsible for driving forecasting engagement and collaboration with the Business Units through S&OP processes as well as Annual Operating Plan for assigned accounts
  • Achieve forecast accuracy targets for assigned categories, and conduct analysis to improve forecast performance
  • Responsible for developing and maintaining new product launch forecasts and collaborating with stakeholders on their performance as well as decisions made regarding their management
  • Acts as key team member for innovative demand planning projects, process improvements or other cross functional projects
  • Identifies and recommends improvements to forecast accuracy using statistical models, industry knowledge and best practices

Benefits

  • Fortune Brands believes in fair and equitable pay. A reasonable estimate of the base salary range for this role is Hiring Pay Range: $71,000 USD - $110,000 USD. Please note that actual salaries may vary within the range, or be above or below the range, based on factors including, but not limited to, education, training, experience, professional achievement, business need, and location. In addition to base salary, employees will participate in either an annual bonus plan based on company and individual performance, or a role-based sales incentive plan.
  • At Fortune Brands, we support the overall health and wellness of our associates by offering comprehensive, competitive benefits that prioritize all aspects of wellbeing and provide flexibility for our teammates’ unique needs. This includes robust health plans, a market-leading 401(k) program with a company contribution, product discounts, flexible time off benefits, adoption benefits, and more. We offer numerous ERGs (Employee Resource Groups) to foster a sense of belonging for all associates.
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