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- Tasks: Lead demand forecasting and inventory management for a top beauty brand.
- Company: Join a leading beauty brand with a strong presence in the Middle East, US, and Europe.
- Benefits: Enjoy competitive salary, potential remote work, and opportunities for growth.
- Why this job: Be part of a dynamic team shaping the future of beauty products and trends.
- Qualifications: 6 years in demand planning, preferably in beauty or FMCG; strong analytical skills required.
- Other info: Initial 4 days in office; opportunity to influence brand strategy.
The predicted salary is between 42000 - 58000 £ per year.
Location: London (4 days in office at the start)
Salary: 50K GBP
Industry: Beauty/Cosmetics/FMCG is a MUST
Our client, a leading beauty brand across the Middle East, US and Europe, is looking for a highly motivated Demand Planner to own all aspects of forecasting sales and inventory.
Essential Duties and Responsibilities:
- Main point of contact for internal category supply chain contacts. Own all communication regarding forecast changes, “what-if” projections in line with operating strategy.
- Lead monthly Demand Review overviews presenting demand forecast and supporting needs to Global Supply Chain / Demand Planning teams highlighting areas of opportunity and variances to last submission.
- Lead NPD calls for the UK/EU regions reviewing and aligning on all newness timelines, forecasting assumptions and total buys in partnership with Global Supply Chain / NPD team + ROW Regional Planning teams.
- Forecast inventory on a weekly basis and ensure proper inventory levels are maintained by consistently reviewing weeks of supply, sell through, and trend.
- Build out successful sales/inventory launch planning models for expansion within the UK/EU Markets to help support brand awareness.
- Build a demand forecast at the SKU level for the coming 24 months that includes all future marketing, social media plans, and retailer activations.
- Maintain quality and consistency of key forecast changes and Risks & Opportunities.
- Partner with retail counterparts (by region) to develop newness/launch forecasts and buys and align on monthly OTB forecasts.
- Partner with retail counterparts (by region) to build and manage obsolescence/liquidation strategies.
- Develop gap analysis tools between actuals sales and forecast.
- Analyze retailer inventory and sales to create and maintain annual RTV budget by Retailer/Brand.
- Develop and maintain effective relationships with cross-functional teams and cross-channel teams.
- Work closely with the DRP / inventory teams to include new trends into inventory planning.
- Analyze forecast accuracy issues and build forecast accuracy action plans across the organization.
- Manage internal Budget from a demand (sell in) / inventory management perspective to aid in achieving company sales targets and operating profits.
Additional projects as required
Requirements:
- 6 years of experience in Demand Planning, Inventory Planning, Inventory Analysis, Merchandise Planning, Replenishment Analysis, Supply Chain Planner, or related field, ideally working in the beauty or FMCG space.
- Bachelor's degree in Business, Supply Chain Management, Logistics, Statistics, Finance or related field.
- Sephora experience a plus.
- Ability to manage/mine data from multiple sources to create forecast, analyze, prepare statistical reports.
- Highly analytical with an aptitude for interpreting and utilizing data to improve and propose change; strong working experience with Excel - VLOOKUP, pivot tables, macros.
- Expertise in managing multiple levels of Open-to-Buy.
- Strong organizational and time management skills; able to handle multiple priorities.
- Strong verbal and written communication skills with keen attention to detail.
Demand Planner - Beauty employer: Discovered MENA
Contact Detail:
Discovered MENA Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Demand Planner - Beauty
✨Tip Number 1
Familiarise yourself with the beauty and FMCG industries. Understanding current trends, key players, and market dynamics will help you speak confidently about the sector during interviews.
✨Tip Number 2
Network with professionals in demand planning and the beauty industry. Attend relevant events or join online forums to connect with others who can provide insights or even refer you to opportunities.
✨Tip Number 3
Brush up on your analytical skills, especially with Excel. Being able to demonstrate your proficiency with VLOOKUP, pivot tables, and macros can set you apart from other candidates.
✨Tip Number 4
Prepare to discuss your experience with forecasting and inventory management in detail. Be ready to share specific examples of how you've successfully managed demand planning in previous roles.
We think you need these skills to ace Demand Planner - Beauty
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in demand planning, inventory management, and the beauty or FMCG industry. Use specific examples that demonstrate your skills and achievements in these areas.
Craft a Compelling Cover Letter: Write a cover letter that showcases your passion for the beauty industry and your understanding of demand planning. Mention how your background aligns with the job requirements and express your enthusiasm for contributing to the company's success.
Highlight Analytical Skills: Since the role requires strong analytical abilities, emphasise your experience with data analysis, forecasting, and using tools like Excel. Provide examples of how you've used data to drive decisions in previous roles.
Showcase Communication Skills: As the position involves collaboration with various teams, highlight your verbal and written communication skills. Include examples of how you've effectively communicated forecasts and strategies in past roles.
How to prepare for a job interview at Discovered MENA
✨Know Your Numbers
As a Demand Planner, you'll be expected to handle data and forecasts. Brush up on your Excel skills, especially VLOOKUPs and pivot tables, as you may be asked to demonstrate your analytical abilities during the interview.
✨Understand the Beauty Industry
Familiarise yourself with current trends in the beauty and FMCG sectors. Be prepared to discuss how these trends could impact demand forecasting and inventory management, showing that you can think strategically about the role.
✨Prepare for Scenario Questions
Expect questions that ask you to solve hypothetical problems related to demand planning. Practice articulating your thought process clearly, especially around 'what-if' scenarios and how you would adjust forecasts based on changing market conditions.
✨Showcase Your Communication Skills
Since the role involves liaising with various teams, be ready to demonstrate your communication skills. Prepare examples of how you've effectively collaborated with cross-functional teams in the past, particularly in managing forecasts and inventory.
