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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 lives through technology.
- 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 the supply chain.
- 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 £ 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 realize 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 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.
Demand Planner (Weybridge) employer: All The Top Bananas
Contact Detail:
All The Top Bananas Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Demand Planner (Weybridge)
✨Tip Number 1
Familiarise yourself with LG's product range and recent innovations. Understanding their flagship products will help you speak confidently about how your skills as a Demand Planner can contribute to their success.
✨Tip Number 2
Brush up on your analytical skills, especially in using Microsoft Excel. Being proficient in pivot tables and V-lookups will be crucial for the role, so consider doing some practice exercises or online courses to enhance your abilities.
✨Tip Number 3
Network with professionals in the supply chain and demand planning fields. Engaging with others in the industry can provide insights into best practices and may even lead to referrals or recommendations for the position.
✨Tip Number 4
Prepare to discuss your experience with KPIs and performance management. Be ready to share specific examples of how you've improved forecasting accuracy or optimised inventory in previous roles, as this aligns closely with the responsibilities of the job.
We think you need these skills to ace Demand Planner (Weybridge)
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 tasks mentioned in the job description, such as forecasting, data analysis, and collaboration with various teams.
Tailor Your CV: Customise your CV to highlight relevant experience in forecasting and supply chain management. Emphasise your analytical skills and any specific tools or software you have used, particularly Microsoft Excel, as this is crucial for the role.
Craft a Compelling Cover Letter: Write a cover letter that showcases your passion for data-driven decision-making and your ability to work collaboratively. Mention specific examples from your past experiences that demonstrate your problem-solving skills and how you can contribute to LG's goals.
Proofread Your Application: Before submitting your application, carefully proofread all documents for spelling and grammatical errors. A polished application reflects your attention to detail and professionalism, which are essential traits for a Demand Planner.
How to prepare for a job interview at All The Top Bananas
✨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. Bring examples of how you've tackled forecasting challenges.
✨Understand the Supply Chain
Familiarise yourself with supply chain principles and how they relate to demand planning. During the interview, be ready to explain your understanding of the commercial process and how it impacts inventory management and customer satisfaction.
✨Highlight Collaboration Experience
Collaboration is key in this role. Share specific examples of how you've worked with cross-functional teams, such as Marketing and Sales, to improve forecasting accuracy. Emphasise your ability to build relationships and communicate effectively with stakeholders.
✨Prepare for Scenario Questions
Expect scenario-based questions that assess your problem-solving abilities. Think about past experiences where you had to analyse trends or respond to market changes. Prepare to discuss your thought process and the actions you took to achieve positive outcomes.
