Demand Planning Analyst
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Be a part of helping people live healthy lives as our new Demand Planning Analyst.
SUMMARY
The Demand Planning Analyst is a key member of the Supply Chain team. This Demand Planning position will be responsible for demand planning of a large portfolio of products and delivering the operational forecast while continually striving to increase forecast accuracy. In addition, the role will be responsible for preparing and presenting content to drive the consensus forecast with cross-functional leaders and stakeholders as part of the Demand Review step of the S&OP process. This role works collaboratively with Supply Chain, Sales, Sales Planning, Marketing, and IT to support the S&OP process and organizational goals .
ESSENTIAL DUTIES
Develops the demand forecast for the assigned portfolio for the rolling 0-24 month horizon as part of a demand planning process.
Responsible for developing statistical forecast models, understanding sales and market trends, gathering and integrating insights, while validating and analyzing data to create a forecast on a monthly basis.
Collaborate with cross-functional teams, including Sales, Marketing, Supply Chain and Finance, to gather relevant data and insights to improve forecast accuracy
Prepare and present content as part of the Demand Review step of the S&OP process.
Accountable for problem solving forecast error, monitoring forecast-value add, and implementing strategies for future forecast improvements
Use and maintain the Demand Planning software as the primary forecasting system tool and document standard processes and procedures.
Perform ad hoc analysis as needed
KEY RESPONSIBILITIES Create statistical forecasts: Gather, analyze and validate data
Execute statistical modeling processes
Review resulting statistical forecast models
Apply error analysis techniques to improve forecast results
Collaborate with cross-functional teams, including Sales, Marketing, Supply Chain and Finance, as part of the process steps to integrate insights and assumptions into the demand forecast Gain understanding of consumption, market trends, new product launches, customer activity and adjust forecasts appropriately
Ensure forecast input assumptions are documented and reviewed
Analyze inputs post-mortem to identify areas for forecast improvement opportunities
Prepare and present content to cross-functional stakeholders and leaders for the assigned part of the portfolio to achieve a consensus forecast as part of the Demand Review step of the S&OP process Prepare relevant material to facilitate research and discussion
Cleary articulate collected demand drivers, recommended adjustments, assumptions, risks, opportunities, as well as gaps to budget
Influence and drive resolution to deliver an aligned operational forecast with cross-functional stakeholders and leadership
Attend and participate in appropriate S&OP and planning process meetings
Maintain demand planning system and software Create, Modify, and Test alternative statistical forecast algorithms
Partner with IT to understand required technical job requirements, responsibilities, and processes
Document standard processes and procedures
Prepare and maintain relevant data and reporting pertaining to demand planning processes
Perform ad hoc analysis as needed to support leaders or organizational requests
Maintain a continuous improvement mindset by identifying, providing recommendations or implementing processes or…