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Demand Planner
4 months ago
SUMMARY: We are seeking a highly analytical and detail-oriented individual to join our team as aDemand Planner. In this role, you will be responsible for forecasting and managing the demand for our B2B customers and third-party logistics (3PL) partners. You will collaborate with various stakeholders to develop accurate demand forecasts, optimize inventory levels, and ensure timely order fulfillment.
RESPONSIBILITIES:
- Develop and maintain demand forecasts for B2B customers and 3PL partners based on historical data, market trends, and sales inputs.
- Collaborate with sales, marketing, and operations teams to gather relevant information and insights for demand forecasting.
- Analyze demand patterns, seasonality, and market trends to identify opportunities and risks.
- Monitor and adjust forecast accuracy by evaluating key performance indicators (KPIs) such as forecast error, bias, and inventory turnover.
- Execute purchasing business processes with overseas suppliers, primarily focusing on purchase order processing as well as invoices and payments.
- Maintain Supplier delivery status within various data management systems and or receipts reports with the ability to troubleshoot and resolve discrepancies.
- Work closely with the procurement team to ensure optimal inventory levels, balancing customer demand and cost efficiency.
- Provide input to the supplier and supply chain process in developing inventory priorities on existing items, new products, and product phase-outs.
- Inventory evaluation between all warehouse locations and implementation of any necessary transfers.
- Support Suppliers with product information including UCClabel and purchase orders.
- Coordinate with the production team to align manufacturing and supply chain activities with the demand forecast.
- Collaborate with 3PL partners to ensure accurate forecasting, order fulfillment, and inventory management.
- Identify and implement process improvements to enhance demand planning accuracy and efficiency.
- Stay updated with industry best practices and emerging trends in demand planning and supply chain management.
KNOWLEDGE AND SKILL REQUIREMENTS
- Bachelor's degree in supply chain management, business, or a related field. (preferred)
- Proven experience in demand planning, preferably in a B2B and 3PL environment.
- Strong analytical skills with the ability to analyze complex data and derive actionable insights.
- Strong understanding of B2B Ecommerce platforms, such as Wayfair, Castlegate.
- Excellent knowledge of forecasting methods and techniques.
- Intermediate Microsoft Office computer skills (Excel- Pivots, V-lookup, etc.)
- Experience with ERP systems is a plus.
- Exceptional attention to detail and organizational skills, with the ability to manage multiple projects and deadlines simultaneously.
- Strong communication and interpersonal skills with the ability to collaborate effectively with cross-functional teams and 3PL.
- Excellent punctuality and attendance