Demand Planner
At Movado Group, we are committed to building the strongest brands in the industry and we are passionate about what we do. Our people are fueled by a creative spirit and a drive for excellence that are reflected in every aspect of our business. We offer the watch industry a compelling strategic vision and track record of sustained growth and we offer our employees unparalleled opportunities for career advancement. We invite you to come share in our success. Our people are the cornerstone of business – we invite you to grow your career with us.
The Demand Planner will support two of our brands in all forecasting responsibilities. The role will manage the brand team’s global forecasting process while responsibility for the final forecast rests with the brand leaders. The Demand Planner will provide forecasts, analytics and support to help all parties make educated decisions regarding the final forecast and the forecasting process. The Demand Planner will organize the monthly forecasting cycle, Life Cycle Management process and facilitate the monthly S&OP process.
Roles & Responsibilities:
Prepare the first pass of the forecast for all forecasts levels (where agreed to) in a particular brand by using either, a statistical method from our Demand Planning tool or a manually developed forecast.
Execute the forecast in collaboration with the regions for all new products.
Verify and ensure that the forecast is maintained monthly for a 9-month forecast to 18 Months to include new products, product launches and placeholders. This includes the expected line plan out to 15 to 18 months depending on the brand.
Responsible for ABC code/lifecycle management, including providing support data to the brand team for decision making and executing on those decisions made with MDM.
Develop relationships with our wholesale customers to help improve the overall forecasts to include on-site visits where relevant and communicating phase out decision to the supply chain planning team.
Interact will the brand, sales-force, account managers concerning updates to the forecast.
Interact with the brand leaders and the sales teams to resolve issues and conflicts regarding the forecasts.
Collaborate closely with Global Intercompany Logistics Planning counterpart to reflect supply changes / issues appropriately in the demand plan.
Manage the S&OP meeting process.
Organize the monthly forecasting cycle for all the primary forecasters detailing out deadlines, expectations and rules that must be followed.
Track purchase orders and requisitions versus the approved open-to-buy in order to ensure compliance
Validate the forecast against the budget, to come to an approved SKU forecast for loading into SAP.
Analyze the selling performance report to identify trends and issues within the forecast that can be used by the brand leaders, sales teams, and where appropriate other teams in the organizations.
Analyze the demand forecast to insure that the forecast meets the organization footprint according to product mix, core SKUs mix to new product launch, phase out products, budget, line plan, forecast level, market and minimum order quantities.
Analyze inventory using the on-hand inventory reports and the inventory projection tool to make recommendations to sell through inventory depth and achieve inventory objectives
Measure and track all KPI’s including selling performance reporting, consumer performance reports, and inventory projects, inventory turns, inventory days of supply.
Requirements:
Minimum of 4 years of related experience in a similar position
Bachelor's degree in business or related field
Knowledge of supply & demand principles and forecasting & demand planning techniques
Understanding of channels of trade and the differences between the retail and wholesale business
Knowledge of procurement process
Strong analytical decision making skills required
Results-oriented
High energy and strong work ethic
Influence and negotiation skills
High degree of customer focus
Focus on team / relationship building
Focus on integrity / ethics
Ability to work in a collaborative planning environment
Comfortable in a diverse global planning environment
SAP skills required
Knowledgeable of SAP.
Knowledgeable of SAP’s IBP (Integrated business planning)
The base salary range for this position is $80,000 to $95,000 per year. Base salary is determined by individualized factors such as experience and market location.
As a benefit eligible position, this role enjoys access to our medical plans, dental plans, vision plan, Life Insurance, Accidental Dismemberment & Death Insurance, Tuition Reimbursement program, 401(k), Short-Term Disability, Long-Term Disability, Parental Leave, Legal Plan, Employee Assistance Program, Pet Insurance, Flexible Spending Account, Critical Illness Insurance, Watch Accommodations/Discounts, Paid Time Off and Company Paid Holidays!
Benefits described above are subject to change and/or may be modified at the Company's discretion based on business needs or applicable laws.
DIRECT APPLICANTS ONLY - NO AGENCIES
Movado Group, Inc. designs, sources, and distributes MOVADO®, MVMT®, OLIVIA BURTON®, EBEL®, CONCORD®, COACH®, TOMMY HILFIGER®, HUGO BOSS®, LACOSTE®, and CALVIN KLEIN® watches worldwide, and operates Movado company stores in the United States.
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Movado Group, Inc. is an equal opportunity employer. It prohibits discrimination based on age, color, disability, marital or parental status, national origin, race, religion, sex, sexual orientation, gender identity, veteran status or any other legally protected status in accordance with applicable federal, state and local laws.
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