Position Overview
Manage a demand and supply plan for products assigned, by creating supply plans and communicating them to suppliers through purchase orders to ensure that agreed customer forecasts accuracy are satisfied and inventory targets are achieved. Appropriately highlight forecast issues and risks to Demand Planning management.
Essential Job Functions
Interface with Suppliers, Category Managers, Sales, Warehousing, Finance and Systems to obtain the information necessary for the demand/supply process in order to satisfy requirements on time while reducing inventory to agreed target levels. Negotiate any additional information needed.
Responsible for the demand and collaborative forecasting planning processes.
Gather, analyze, prepare and validate data for the inventory forecast.
Obtain early warning data on potential inventory and shortage issues and monitor corrective actions as required.
Analyze and review the monthly sales forecast on a customer and product level. Review statistical forecast models, and apply error analysis techniques to improve forecasting. Monitor trends in forecast error. Refine systems and methods to continually improve forecasts so that the company can better anticipate customer needs.
Planning the development of production schedules and inventory management. Identify bottlenecks and establish a plan to eliminate excess goods. Escalate issues impacting forecast performance to senior management.
The ability to analyze and consolidate large volumes of data, and communicate it effectively and convincingly.
The Demand Planner participates within cross-functional teams, and supports and trains other Demand Planners in their respective responsibilities.
Participate in monthly S&OP meetings with Marketing, Sales and Finance by preparing sales forecast reports, identifying inventory risks, and providing status on new product introductions and promotions.
Provide leadership in the analysis and collaborative processes for demand planning.
Establish process measurements, obtain feedback, analyze results, perform root cause analysis and generate reports to support the needs of the business.
Requirements
Education: Bachelor's level degree
Experience: 2 - 5 years in the field or in a related area
Specialized Knowledge, Licenses, etc.: Experience with SAP and/or Demand Solutions experience a plus. Through understanding of MRP and the impact of forecasts on downstream supply chain processes. Ability to work independently in a fast-paced environment.
Working Conditions: Hybrid Work Model/ General office environment
Other Skills/Abilities: Excellent communication and interpersonal skills
About Lifetime Brands
Lifetime Brands is a leading global provider of kitchenware, tableware and other products used in the home. We offer brands you trust, value without compromise and an unwavering commitment to innovation. Our products make it easier for you to prepare food, serve meals, entertain guests, and decorate your home. We offer a comprehensive suite of benefits, which includes: All full-time employees (and family members) are eligible to participate in our Medical, Dental, and Vision plans Flexible Spending Accounts for Health and Dependent Care Short-Term Disability & Long-Term Disability Company Paid Basic Life and Accidental Death & Dismemberment Insurance Eligibility in the Companys 401K plan, after 90 days of employment Paid Time Off (vacation/sick) - accrual of 15 days per calendar year for non-warehouse positions; accrual of 10 days per calendar year for hourly based warehouse positions 10 Company Paid Holidays Employee Product Discounts Tuition Assistance Employee Assistance Program Volunteer Opportunities- 4 hours of paid optional volunteer time (annually) Seattle, WA based employees are provided with commute trip reduction incentives *Benefits are offered to employees who work 30 hours or more In addition to the above, we offer voluntary benefits.
Lifetime Brands, is an Equal Opportunity Employer. All qualified applicants are encouraged to apply, and will be considered without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, protected veteran status, or other legally protected characteristics, and will not be discriminated against on the basis of disability.
This job posting contains a pay range, which represents the range of salaries or hourly rates that Lifetime Brands believes, in good faith, at the time of this posting that it might be willing to pay for the posted job. Lifetime Brands expects to hire for this position near the middle of the range. Only in truly rare and exceptional circumstances, where an external candidate has experience, credentials or expertise that far exceed those required or expected for the position, would Lifetime Brands consider paying a salary or rate near the higher end of the range.