What are the responsibilities and job description for the Demand Planner position at Basic Resources, Inc.?
The Demand Planner will be responsible for creating and executing a statistical demand forecast for the intimates Wholesale and DTC operations, inclusive of Mainline and Mass accounts with extra focus on digital. They will be responsible for analyzing product performance at the customer level, including shipment data, POS, inventory, and promotional activity to develop customer specific forecasts, aligning with cross-functional partners in Retail Planning, Inventory Planning, and Sales. This will contribute to successful customer fill rates and efficient inventory management, ensuring that our consumers can find our products on the channels they want to shop on.
Responsibilities:
- Create overall demand forecasts for the intimates categories by account, achieving key metrics and KPIs to support the division’s financial goals
- Manage and leverage the SAP IBP forecasting system and collaboration processes as essential resources to create and review statistical forecasts; Gather, analyze, and validate data at the SKU level
- Ensure forecasting objectives are achieved, review potential risks/opportunities between the demand plan and financial plan; Collaborate with cross-functional teams to mitigate and reduce inventory risk
- Review forecasted sales versus actual sales and overall budget; recommend adjustments for re-forecasting
- Lead collaboration meetings with Sales and Retail Planning teams within the division to align on account projections, variances to forecast, upcoming promotions, or changes in business needs
- Support new product launch activity through the development of needed forecasts for initial inventory as well as forecast scenarios for replenishment
- Build out buys at the SKU level for our owned DTC business, ensuring that we will have enough inventory in the right styles, colors, and sizes to meet our DTC needs
- Review demand forecast with Inventory Management team to assess any upcoming production needs, and problem solve minimum order and flow challenges proactively
- Contribute to Seasonal SKU rationalization efforts with retail planning, sales, design and production to ensure discipline for needed SKU maintenance (Grow / Maintain / Decline)
- Perform ad-hoc analysis as needed including long range planning to help achieve corporate goals
- Participate in special projects for continuous improvement for the Demand Planning process
Qualifications:
- BA or BS
- 3 years of experience in Demand Planning and Forecasting
- Strong quantitative background (demand planning, supply planning, inventory management)
- Advanced technical skills, specifically with Microsoft Excel (macros, v-lookups, pivot tables, complex formulas) and in dealing with large data sets
- Amazon and/or DTC experience preferred
- SAP/IBP, JDA or similar forecasting software knowledge/experience is preferred
- Ability to multitask, have a high sense of urgency, and adapt to change in priorities as needed
- Strong teamwork and collaboration with cross-functional teams
- Strong communication skills and problem-solving skills
Annual salary range starting at $80,000
The disclosed salary range is commensurate with experience and does not reflect the total compensation package. Our associates have access to other valuable benefits that our Human Resources team is happy to share with candidates during the interview process.
Salary : $80,000