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- Tasks: Own forecasting sales and inventory for a leading beauty brand.
- Company: Join a top beauty brand thriving in the Middle East, US, and Europe.
- Benefits: Enjoy a competitive salary of £50K and potential remote work options.
- Why this job: Be part of a dynamic team shaping beauty trends and driving brand awareness.
- Qualifications: 6 years in Demand Planning, ideally in beauty or FMCG; Bachelor's degree required.
- Other info: Sephora experience is a plus; strong Excel skills needed.
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 (London Area) employer: Discovered MENA
Contact Detail:
Discovered MENA Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Demand Planner - Beauty (London Area)
✨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 Excel skills, especially VLOOKUP, pivot tables, and macros. Being able to demonstrate your analytical capabilities with data during discussions 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 improved processes or solved problems in previous roles.
We think you need these skills to ace Demand Planner - Beauty (London Area)
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 responsibilities outlined in the job description, particularly your analytical skills and experience with forecasting.
Highlight Key Skills: In your application, emphasise your proficiency with Excel and any experience you have with data analysis tools. Mention your ability to manage multiple priorities and your strong communication skills, as these are crucial for the role.
Showcase Relevant Projects: If you've worked on specific projects related to demand planning or inventory management, include these in your application. Detail your role, the challenges faced, and the outcomes achieved to demonstrate your capability in this field.
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 analytical skills and be prepared to discuss how you've used data in past roles to drive decisions. Familiarise yourself with key metrics relevant to the beauty and FMCG industries.
✨Showcase Your Communication Skills
This role requires strong communication with various teams. Prepare examples of how you've effectively communicated forecast changes or collaborated with cross-functional teams in previous positions. Highlight any experience you have with leading meetings or presentations.
✨Understand the Beauty Industry
Since the position is within the beauty sector, make sure you know current trends, challenges, and key players in the market. Being able to discuss these topics will show your passion for the industry and your readiness to contribute to the company's goals.
✨Prepare for Scenario Questions
Expect questions that ask how you would handle specific forecasting scenarios or inventory challenges. Think through potential 'what-if' situations and how you would approach them, demonstrating your problem-solving skills and strategic thinking.
