- Oversee the forecasting activities and translate sets of data from many sources into actionable insights to optimize demand signals.
- Monitor product category sales and inventory levels; analyze trends and apply them to forecasts.
- Analyze product assortment as well as identify trends in sales using that data to adjust forecasts appropriately.
- Anticipate factors influencing demand, such as upcoming promotions or seasonal changes, ensuring we have the correct demand signal on top SKUs.
- Utilize StockIQ to root cause forecast variances, understand drivers, and adjust forecasts accordingly.
- Update SKU forecasts to account for any one-time events that cause a demand swing.
- Closely collaborate with internal groups (Product, Marketing, Pricing, etc.) to adjust forecasts for promotional activities.
- Partner with Product on New Brand/Product introductions, building initial forecasts as well as helping to assess cannibalization risk and impact. Help to determine learning as we measure the success of New Brand/Product introductions.
- Collaborate with Supply Planning on findings and adjustments made to the forecasts, highlighting any watch-outs or material changes.
- Report out the root cause of forecast variances, working with cross-functional partners to course correct for the future.
- Ad hoc reporting as needed with a vast range of requirements from requests of SKU performance over specific time periods to the overall category performance and suggested replenishment information.
- Build sales and forecast reports to monitor trends and identify areas of opportunity.
- Review internal forecast accuracy reports (MAPE) and provide the root cause of inaccuracies.
- BA or equivalent preferably in a related area (supply chain, finance, engineering, economics)
- Minimum of 3 years of experience in demand planning in a high SKU count environment and have worked in an MRP or Demand Planning System.
- Driven, willing to dive deep and learn
- Strong analytical and quantitative skills with the ability to develop inventory models to support a complex supply network.
- Strong collaborative and influencer skills.
- Automotive aftermarket experience is a plus
- Ability to thrive in a fast-paced and entrepreneurial environment.
- Ability to manage change effectively due to fluctuation in demands and factors influencing decisions.
- Ability to source and analyze data to make sound judgments.
- You are a learner - always seeking to improve yourself, your team, and the world around you
- You thrive on direct, honest, and supportive communication
- You are extremely organized, attentive to detail, and adept at working within deadlines
- You are always thinking about how to help the teammates around you excel
- To you, there's nothing more exciting than a new challenge
- Sense of humor -- we take our work seriously and ourselves un-seriously
- This is an exempt role with a base salary of $70,000 - $90,000 depending on experience, with a total compensation opportunity of $80,000 to $100,000 annually.
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Demand Planner - Milford, United States - FCP Euro
Description
FCP Euro is in search of a talented demand planner to bolster our existing team and to take on a new challenge. Our mission as a supply chain is to plan for, source, procure and deliver the right products at the right time with the most optimized cost and quality to our customers. This role is imperative to that mission, forging tight relationships with our consumer division, validating and pressure testing forecasts, and ensuring we are generating the right signals to pass on to our supply planning partners. This impactful work helps improve inventory in stock levels, putting quality parts in the hands of customers quickly and consistently. With our ever-growing SKU set, this role has an opportunity to greatly impact how we scale our demand planning processes for the future.
FCP Euro is an online automotive parts retailer headquartered in Milford, Connecticut. FCP stands for "Foreign Car Parts," and we specialize in replacement parts for European vehicles. In the past 10 years, FCP Euro has earned a spot on the Inc. 5000 fastest-growing private companies list eight times. Customer service is deeply rooted in our core values. FCP Euro is a customer and technology company, and this unique blended culture has yielded outstanding results worthy of reward and recognition. We are devoted to developing and maintaining user-friendly and accurate automotive catalogs. We have an incredible enthusiasm for what we do, and we are always looking for ways to grow, learn, and improve.
Job Responsibilities-
Optimization of Forecasts:
Cross-Functional Collaboration:
Continuous Improvement and Reporting:
Qualifications:
Compensation
FCP Euro provides equal employment opportunities to all employees and applicants for employment and prohibits discrimination or harassment of any kind on the basis of race, color, religion, sexual orientation, sex, gender identity or expression, national origin, cultural heritage, ancestry, political belief, age, marital status, family status, pregnancy, physical or mental disability, intellectual disability, learning disability, veteran status or any other characteristic protected by the law.
