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- Tasks: Join our SCM team as a Demand Planner, analysing data and improving forecasting processes.
- Company: LG is a global leader in innovative products that enhance everyday life.
- Benefits: Enjoy 25 days of annual leave, private healthcare, and a generous pension contribution.
- Why this job: Be part of a dynamic team driving innovation and making a real impact in supply chain management.
- Qualifications: Strong analytical skills and proficiency in Excel are essential; experience in supply chain preferred.
- Other info: We value diversity and welcome applications from all backgrounds.
The predicted salary is between 28800 - 43200 ÂŁ per year.
Job Description
Life’s Good at LG!
At LG, we deliver products and services that make lives better, easier and happier through increased functionality and fun. Put simply, we offer the latest innovations to make “Life Good” – from home appliances, and consumer electronics to business innovations in digital signage, air conditioning, solar and LED lighting. As a global leader, we strive for greatness in product leadership, market leadership and people leadership to realize our growth strategies.
We strongly believe that our people’s competitive spirit, proactive leadership, and expertise help drive the company forward. As such, LG is the right place for you if:
- You are a smart cookie. You like to dig into the data and find creative solutions.
- You are motivated and driven. You thrive on a challenge and want to be No. 1.
- You are a people person. You like helping people out and you want to understand where they’re coming from.
- You’re honest and you will speak up (politely, of course!), but you do it because you care and because it’s the right thing to do.
Opportunity
This is a fantastic opportunity to join our SCM team as a Demand Planner.
Our demand planning team is responsible for LGs flagship products across Home Entertainment (TV, AV), Home Appliances (REF, WM), and Information Technology (IT). As a Demand Planner, you will assume responsibility for maintaining forecast performance and supply plan information flow. In addition, you will gather and analyse the weekly stock levels and generate a consolidated forecast, uploading the forecast to the central global demand planning system and forecasting performance.
Your Role & Responsibilities
- Working in conjunction with Marketing, Sales & Supply Chain Managers to develop, progressively improve forecasting process, improve accuracy and reduce forecast volatility through co-ordinated innovation activity.
- Analysis of historical trends, PSI and market trends on a weekly basis using statistical analysis tools to generate weekly forecasts. Collect and review sales forecasts on a weekly basis, identifying trends on fast & slow-moving products. Maintain seasonality trends and impact of exceptional market changes: Promotional activity, national/international events.
- Monitor periodical performance measures and supplier/customer non-conformance to enable process improvement in the Supply Chain. Provide fact-based analysis with a corrective action plan
- Build on collaborative working relationships with key customers to drive forecast accuracy, process improvements, and free flow of information and generally enhance Sales Management, Supplier & Customer working relations. The key objective to optimize Inventory velocity (LTS/DIO) and cash flow.
- Weekly S&OP meeting with supplier factory to update production plan and prepare rolling forecast template
- Ensure regular review and reporting of progress to the Demand Planning Manager, Sales Head, SCM director, and European Supply Chain of progress in the realisation of all relevant KPIs, identify bottlenecks and recommendation of appropriate remedial action.
Skills, Education & Experience
- Prior knowledge and experience of Forecasting and Supply Chain principles, strong supply planning experience preferred (inbound into country, outbound to customer)
- Good overview of the commercial process, production planning and retail interface/order fulfilment.
- Understanding the appropriate Business Unit market is an advantage
- Highly proficient in using Microsoft Excel (pivot tables, V-lookups, formulas) and confidence using new systems
- Strong analytical skills
- Ability to work assertively to debate/challenge forecasts or tackle issues and reach a consensus between all parties
- Logical common sense and proactive approach to problem-solving
- Good presentation skills
- Highly focused and capable of sustaining a fast paced in a dynamic environment
- Experience of working within a performance management environment – KPIs and Service Level Agreements
Your Benefits
- 9% Employer Contribution to Your Pension
- Life Assurance
- Private Healthcare (including optical & dental) for you and your family
- 25 Days’ Annual Leave (+ Public Holidays)
- Staff Discount
- Subsidised Cafeteria
Our Equal Opportunities Statement
LG Electronics U.K. Ltd is an equal opportunities employer. We welcome applications from all suitable persons regardless of race, sex, disability, religion/belief, sexual orientation or age.
Right to Work
Please note that any job offer made will be conditional on the individual holding a legal right to work in the United Kingdom by the time employment commences.
Contact Detail:
LG Electronics UK Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Demand Planner
✨Tip Number 1
Familiarise yourself with LG's product range and market position. Understanding their flagship products in Home Entertainment, Home Appliances, and IT will help you speak confidently about how your skills can contribute to their demand planning efforts.
✨Tip Number 2
Brush up on your analytical skills, especially with Microsoft Excel. Being proficient in pivot tables and V-lookups will not only help you in the role but also impress during discussions with the hiring team.
✨Tip Number 3
Prepare to discuss your experience with forecasting and supply chain principles. Be ready to share specific examples of how you've improved forecast accuracy or reduced volatility in previous roles.
✨Tip Number 4
Showcase your collaborative skills by thinking of ways you've built relationships with stakeholders in past positions. Highlighting your ability to work with marketing, sales, and supply chain teams will demonstrate your fit for the role.
We think you need these skills to ace Demand Planner
Some tips for your application 🫡
Understand the Role: Before applying, make sure you fully understand the responsibilities of a Demand Planner at LG. Familiarise yourself with the key skills and experiences required, such as forecasting, supply chain principles, and analytical skills.
Tailor Your CV: Customise your CV to highlight relevant experience in demand planning and supply chain management. Use specific examples that demonstrate your analytical skills and ability to work collaboratively with teams.
Craft a Compelling Cover Letter: Write a cover letter that showcases your passion for the role and the company. Mention how your skills align with LG's values and how you can contribute to their goals, particularly in improving forecasting accuracy and inventory management.
Highlight Technical Proficiency: Since the role requires proficiency in Microsoft Excel and possibly other systems, be sure to mention your technical skills. Provide examples of how you've used these tools in previous roles to analyse data or improve processes.
How to prepare for a job interview at LG Electronics UK
✨Show Your Analytical Skills
As a Demand Planner, you'll need to demonstrate your strong analytical skills. Be prepared to discuss how you've used data analysis in previous roles to make informed decisions or improve processes.
✨Understand the Supply Chain
Familiarise yourself with supply chain principles and be ready to talk about your experience in this area. Highlight any specific examples where you improved forecasting accuracy or managed inventory effectively.
✨Prepare for Scenario Questions
Expect scenario-based questions that assess your problem-solving abilities. Think of examples where you've tackled challenges in forecasting or collaborated with teams to achieve goals.
✨Demonstrate Team Collaboration
Since the role involves working closely with various departments, be sure to highlight your teamwork skills. Share experiences where you've built relationships with colleagues to enhance communication and drive results.
