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- Tasks: Join us as a Demand Planner, forecasting and aligning supply with customer demand.
- Company: Fender Musical Instruments is a leading global manufacturer of musical instruments.
- Benefits: Enjoy flexible work options and a vibrant company culture.
- Why this job: Be part of a creative team impacting the music industry while developing your skills.
- Qualifications: Experience in Demand Planning or Inventory Planning is essential; familiarity with data science techniques is a plus.
- Other info: This role offers opportunities for personal growth and cross-functional collaboration.
The predicted salary is between 36000 - 60000 £ per year.
We are searching for a Demand Planner to join our team. The Demand Planner function will include the development and upkeep of accurate short, mid, and long-term forecasts, ensuring alignment of supply with customer demand in accordance with budgeted inventory policies. This role involves independently working to build and maintain service levels within the Supply Chain, fostering relationships with partners, customers, and third-party warehouses. You will also look to lead improvement projects within the Planning and Supply Chain.
Essential Functions
- Play an active role in supporting the monthly SIOP process, being the back up for the Supply Chain Manager in key process meetings.
- Balancing demand with supply while keeping within inventory targets, using relevant demand planning tools.
- Working with Sales, Product Managers and Marketing to review and agree on demand forecasts, complementing system generated forecasts.
- Monitor trends in customer orders against forecast and identify forecast improvements.
- Maintain forecasts in line with inventory and business rules where relevant.
- Manage supply issues and develop alternative plans where delivery schedules cannot be improved.
- Manage New Product Introduction and End of Life processes in conjunction with Sales, Product Managers and Marketing to ensure that slow moving and excess inventory is minimised.
- Work closely with Sales & Product Managers to reduce Excess and Obsolete Inventory.
- KPI reporting and control analysis on measures such as (but not limited to) Inventory, Forecast Accuracy, Fill Rate, Slow Moving, New Product Introduction and Excess Inventory.
- Ability to document processes, write training material for any reporting/tools created.
- Develop relationships with various functions to obtain data, learn business processes; be the advocate for supply chain in any additional reporting/tools needed.
Essential Skills/Knowledge
- Proven experience of Demand Planning and/or Inventory Planning.
- Experience with Amazon, BTC and SAP a plus.
- Experience with Data Science techniques such as, but not limited to, Decision Tree, Linear and Logistic Regression, Naïve Bayes, k-Means and Neural Networks a plus.
- Working knowledge of Logility (or similar) planning software.
- Commercial and financial awareness and acumen.
- A self-starter who needs limited guidance as to what/how to analyse data.
- Curious with a desire to get to the root cause.
- Develop tools/spreadsheets/processes to aid in data analysis and to understand and optimise/improve processes; make recommendations for changes.
- Comfortable communicating across multiple layers in the organisation, can deliver 'bad news' and resolve differing points of view.
Fender Musical Instruments Corporation (FMIC) is one of the world’s leading musical instrument manufacturers, marketers and distributors, whose portfolio of brands includes Fender, Squier, Gretsch, Jackson, EVH, Charvel and Groove Tubes, among others. For more information, visit Fender Musical Instruments Corporation is an equal opportunity employer and considers qualified applicants for employment without regard to race, gender, age, color, religion, disability, sexual orientation, or any other protected factor.
Demand Planner employer: Fender Musical Instruments Corporation
Contact Detail:
Fender Musical Instruments Corporation Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Demand Planner
✨Tip Number 1
Familiarise yourself with demand planning tools and software, especially Logility or similar platforms. Being well-versed in these tools will not only boost your confidence during interviews but also demonstrate your readiness to hit the ground running.
✨Tip Number 2
Brush up on your data analysis skills, particularly in techniques like Decision Trees and Regression Analysis. Showcasing your ability to analyse data effectively can set you apart from other candidates.
✨Tip Number 3
Network with professionals in the supply chain and demand planning fields. Engaging with industry peers can provide valuable insights and potentially lead to referrals that could enhance your application.
✨Tip Number 4
Prepare to discuss your experience in managing supply issues and developing alternative plans. Real-life examples of how you've navigated challenges in demand planning will resonate well with interviewers.
We think you need these skills to ace Demand Planner
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in demand planning and inventory management. Use specific examples that demonstrate your ability to balance supply with customer demand, as well as any experience with tools like SAP or Logility.
Craft a Compelling Cover Letter: In your cover letter, express your passion for the role and the company. Mention how your skills align with the essential functions of the Demand Planner position, particularly your experience with forecasting and managing supply issues.
Showcase Analytical Skills: Since the role requires data analysis, include examples of how you've used data science techniques in previous roles. Highlight any experience with decision trees, regression analysis, or other relevant methods that can improve forecasting accuracy.
Prepare for Potential Questions: Think about how you would handle common challenges in demand planning, such as managing excess inventory or communicating difficult news. Be ready to discuss these scenarios in your application or during an interview.
How to prepare for a job interview at Fender Musical Instruments Corporation
✨Understand the Demand Planning Process
Make sure you have a solid grasp of the demand planning process, including SIOP. Be prepared to discuss how you would balance demand with supply and manage inventory targets effectively.
✨Familiarise Yourself with Relevant Tools
If you have experience with tools like Logility, Amazon, or SAP, be ready to share specific examples of how you've used them in your previous roles. If not, do some research on these tools to show your willingness to learn.
✨Showcase Your Analytical Skills
Highlight your experience with data science techniques and how they can be applied to improve forecasting accuracy. Be prepared to discuss any tools or processes you've developed for data analysis.
✨Demonstrate Strong Communication Skills
Since this role involves working closely with various teams, be ready to provide examples of how you've effectively communicated across different levels of an organisation, especially when delivering challenging news or resolving conflicts.
