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- Tasks: Join our 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: Experience in forecasting and supply chain principles, with strong analytical and Excel skills required.
- Other info: We value diversity and welcome applications from all backgrounds.
The predicted salary is between 36000 - 60000 ÂŁ per year.
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 realise our growth strategies.
This is a fantastic opportunity to join our SCM team as a Demand Planner. Our demand planning team is responsible for LG's 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 optimise 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.
Demand Planner / Supply Chain Planner employer: LG Electronics UK
Contact Detail:
LG Electronics UK Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Demand Planner / Supply Chain Planner
✨Tip Number 1
Familiarise yourself with LG's product range and recent innovations. Understanding their flagship products will not only help you in interviews but also demonstrate your genuine interest in the company and its offerings.
✨Tip Number 2
Brush up on your analytical skills, especially with statistical analysis tools. Being able to discuss how you've used data to drive decisions in past roles can set you apart from other candidates.
✨Tip Number 3
Network with current or former employees of LG, particularly those in supply chain roles. They can provide insights into the company culture and expectations, which can be invaluable during your application process.
✨Tip Number 4
Prepare to discuss your experience with KPIs and performance management. Be ready to share specific examples of how you've improved processes or forecast accuracy in previous positions, as this aligns closely with the role's responsibilities.
We think you need these skills to ace Demand Planner / Supply Chain Planner
Some tips for your application 🫡
Understand the Role: Before applying, make sure you fully understand the responsibilities and skills required for the Demand Planner position. Tailor your application to highlight how your experience aligns with these requirements.
Highlight Relevant Experience: In your CV and cover letter, emphasise any prior experience in forecasting and supply chain management. Use specific examples to demonstrate your analytical skills and ability to improve processes.
Showcase Your Skills: Make sure to mention your proficiency in Microsoft Excel and any statistical analysis tools you've used. Highlight your problem-solving abilities and how you've successfully tackled challenges in previous roles.
Craft a Compelling Cover Letter: Write a cover letter that not only outlines your qualifications but also conveys your enthusiasm for the role and the company. Mention why you want to work at LG and how you can contribute to their goals.
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 improve forecasting accuracy or solve supply chain issues.
✨Understand the Supply Chain Process
Familiarise yourself with the entire supply chain process, from production planning to order fulfilment. Being able to articulate your understanding of these processes will show that you're well-prepared for the role.
✨Prepare for Scenario-Based Questions
Expect scenario-based questions that assess your problem-solving abilities. Think of examples where you've had to tackle challenges in forecasting or inventory management and be ready to explain your thought process.
✨Emphasise Collaboration Skills
Since the role involves working closely with various teams, highlight your experience in building collaborative relationships. Share examples of how you've successfully worked with marketing, sales, or supply chain teams to achieve common goals.
