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This is an amazing opportunity to progress your career as a Demand Planner within a fast moving ethical Fashion Brand
THE ROLE
An experienced Demand Planner is required to play a key role in meeting customer demand for products while minimizing excess inventory, avoiding supply chain disruptions and maximising cashflow.
You will lead the development of Sales & Operations Planning (S&OP) process and own the resultant Demand Forecast and Demand Plan. You will also lead the implementation of appropriate Demand Planning systems and processes.
DUTIES INCLUDE
DEMAND FORECASTING
• Developing accurate demand forecasts for all SKU’s based on historical data, market trends, and input from Channel/Sales
• Analyse and adjust for seasonality that differs across various product categories.
• Monitor, analyse, and report on forecast accuracy and apply root cause analysis to ensure the future forecast is updated as required.
• Analyse sales performance, forecast accuracy, and inventory metrics to identify trends and areas for improvement for future demand
• Assist with developing annual budget forecast assumptions by SKU by month
• Understand how pricing and promotions impact sales and collaborate with channel team to apply and document assumptions.
• Communicate demand forecasts and inventory plans to relevant stakeholders.
INVENTORY MANAGEMENT
• Understand stock turn and minimum stock holding by channel to manage future demand
• Utilise understanding of inbound stock to communicate key delays or issues back to the business in timely manner
• Work with the channel merchandisers to ensure optimal stock availability.
• Implement inventory replenishment strategies to avoid stockouts and overstock situations
SALES & OPERATION PLANNING (S&OP)
• Establish the monthly S&OP process and own monthly execution of same
• Participate in S&OP meetings to present demand forecasts and discuss potential risks and identify opportunities.
• Collaborate closely with logistics/supply chain and channel merchandisers to co-ordinate/deliver production forecasts.
• Collaborate with finance and commercial leads to align DP with business targets/goals.
• Provide input for production planning and suppliers to ensure timely product availability
DATA ANALYSIS AND REPORTING & SYSTEMS
• Continuously refine forecasting models to improve forecast accuracy and responsiveness to changes in demand.
• Utilize statistical forecasting and continuous improvement of demand planning software.
• Generate regular reports on demand forecasts, inventory levels and sales performance for management review.
• Use data-driven insights to continuously improve demand planning processes.
• Maintain accurate and up-to-date data in the demand planning system/spreadsheets
• Ensure the integrity and reliability of forecasting data
• Develop a demand planning process manual
REQUIREMENTS
You'll have technical proficiency on demand planning software
You'll be an industry expert with excellent strategic thinking communication skills
Strong Demand Planning experience ideally within Fashion or Accessories
The company offer hybrid working and an excellent salary / benefit package, including company bonus, extra holidays and a strong career path
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