Demand Planner

4 weeks ago

Irvine, California, United States Vaco Full time
Job Title: Demand Planner

We are seeking a detail-oriented and proactive Demand Planner to join our team at Vaco.

Job Summary:

The Demand Planner will be responsible for ensuring accurate inventory management and effective demand planning to support the company's operational and financial goals.

Key Responsibilities:
  • Audit Inventory: Regularly audit inventory to ensure systems are balanced during daily order processing.
  • Issue Resolution: Research and resolve inventory issues, adjustments, and discrepancies, ensuring compliance with internal control procedures.
  • Maintain Accuracy: Assist in maintaining inventory accuracy by completing follow-ups on previous adjustments and conducting cycle counts.
  • Cycle Counts: Perform daily cycle counts, weekly supply counts, and weekly transfer checks to ensure inventory accuracy.
  • Data Tracking: Track and record inventory data and present reports to various departments.
  • Quality Checks: Receive products from vendors, check for quality, and communicate potential quality issues to buyers.
  • Physical Requirements: Lift and carry up to 50 pounds as necessary.
  • Safety Compliance: Adhere to company safety policies and procedures.
  • Additional Duties: Perform other duties as assigned.
Demand Planning:
  • Manage Buys Report: Oversee and maintain the Buys report to ensure alignment with inventory and sales goals.
  • Forecasting: Manage monthly forecasts and buy planning, including demand forecasting at department, category, style, product, and size levels.
  • Order Management: Handle purchase orders and invoice management, ensuring accuracy and timely processing.
  • Collaboration: Work with marketing, sales, and finance teams to understand marketing programs, new product introductions, pricing changes, promotions, and events.
  • Consensus Process: Lead the monthly consensus process to develop forecasts that meet supply chain service and inventory goals, and create monthly financial forecasts.
  • Forecast Accuracy: Track and analyze forecast errors, identifying contributing factors and adjusting item and warehouse levels as needed.
  • Analysis: Perform brand and item mix analysis, providing insights for volume discussions and forecasting accuracy.
  • Expertise: Develop expertise in volume trends, consumption, and industry dynamics.
  • Supply Planning Partnership: Collaborate with supply planning to understand supply chain implications of forecast changes.
  • Forecasting System: Update and maintain a 2-year forecast in the forecasting system used for manufacturing and deployment planning.
  • Process Improvement: Continuously improve the forecasting process to minimize errors and enhance accuracy.
Qualifications:
  • Experience: Generally 2-5 years of relevant experience in inventory control and/or demand planning.
  • Skills: Strong analytical skills, attention to detail, and proficiency in inventory management and demand forecasting.
  • Collaboration: Ability to work effectively with cross-functional teams and communicate findings clearly.
  • Technical Proficiency: Experience with forecasting systems and inventory management software.
  • Physical Capability: Ability to lift and carry up to 50 pounds.
Why Work with Us:

At Vaco, we value a diverse workplace and strongly encourage women, people of color, LGBTQ individuals, people with disabilities, members of ethnic minorities, foreign-born residents, and veterans to apply.

We are committed to providing a supportive and collaborative environment, with opportunities for professional development and career advancement.

If you are passionate about inventory management, demand forecasting, and making a tangible impact in a dynamic environment, we encourage you to apply for this exciting opportunity.

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