At a Glance
- Tasks: Join our SCM team as a Demand Planner, analyzing 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 9% 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; strong analytical skills and Excel proficiency 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 realize our growth strategies.
We strongly believe that our people’s competitive spirit, proactive leadership, and expertise help drive the company forward. As such, LG is the right place for you if:
- You are a smart cookie. You like to dig into the data and find creative solutions.
- You are motivated and driven. You thrive on a challenge and want to be No. 1.
- You are a people person. You like helping people out and you want to understand where they’re coming from.
- You’re honest and you will speak up (politely, of course!), but you do it because you care and because it’s the right thing to do.
Opportunity
This is a fantastic opportunity to join our SCM team as a Demand Planner.
Our demand planning team is responsible for LGs 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 employer: LG Electronics UK
Contact Detail:
LG Electronics UK Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Demand Planner
✨Tip Number 1
Familiarize yourself with LG's product range and recent innovations. Understanding the specifics of their home appliances and consumer electronics will help you speak confidently about how your skills can contribute to their demand planning efforts.
✨Tip Number 2
Brush up on your analytical skills, especially in using statistical analysis tools. Being able to demonstrate your proficiency in analyzing historical trends and generating forecasts will set you apart from other candidates.
✨Tip Number 3
Network with current or former employees of LG, particularly those in supply chain or demand planning roles. They can provide valuable insights into the company culture and expectations, which can help you tailor your approach during interviews.
✨Tip Number 4
Prepare to discuss your experience with KPIs and performance management. Be ready to share specific examples of how you've used data to drive improvements in forecasting accuracy and inventory management in previous roles.
We think you need these skills to ace Demand Planner
Some tips for your application 🫡
Understand the Role: Make sure to thoroughly read the job description for the Demand Planner position at LG. Understand the key responsibilities and required skills, such as forecasting, supply chain principles, and analytical abilities.
Tailor Your CV: Customize your CV to highlight relevant experience in demand planning, supply chain management, and any specific tools or software you are proficient in, especially Microsoft Excel. Use keywords from the job description to make your application stand out.
Craft a Compelling Cover Letter: Write a cover letter that showcases your passion for data analysis and problem-solving. Mention specific examples of how you've successfully improved forecasting processes or collaborated with teams to enhance supply chain efficiency.
Highlight Soft Skills: In your application, emphasize your interpersonal skills and ability to work collaboratively. LG values people who can build relationships and communicate effectively, so provide examples of how you've done this in previous roles.
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 past roles to improve forecasting accuracy or solve supply chain issues.
✨Understand the Supply Chain Process
Make sure you have a solid understanding of supply chain principles and how they relate to demand planning. Be ready to explain your experience with production planning and order fulfillment.
✨Prepare for Scenario 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 how you reached a consensus among stakeholders.
✨Highlight Your Collaboration Skills
Since the role involves working closely with various teams, emphasize your ability to build collaborative relationships. Share examples of how you've successfully worked with marketing, sales, or supply chain teams to enhance forecast accuracy.