At a Glance
- 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 everyday life.
- Benefits: Enjoy 25 days 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.
- Qualifications: Experience in forecasting and supply chain principles; strong Excel skills required.
- Other info: We value diversity and welcome applications from all backgrounds.
The predicted salary is between 28800 - 42000 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.
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 employer: LinkedIn
Contact Detail:
LinkedIn Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Demand 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.
✨Tip Number 2
Brush up on your analytical skills, especially with Microsoft Excel. Being proficient in pivot tables and V-lookups is crucial for a Demand Planner role, so consider doing some online tutorials to enhance your skills.
✨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 be beneficial during your application process.
✨Tip Number 4
Prepare to discuss your experience with forecasting and supply chain principles in detail. Be ready to share specific examples of how you've improved forecasting accuracy or managed inventory in previous roles.
We think you need these skills to ace Demand Planner
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 and skills that align with the requirements of the Demand Planner position. Emphasise your analytical skills, experience with supply chain principles, and proficiency in Microsoft Excel.
Craft a Compelling Cover Letter: Write a cover letter that showcases your passion for the role and the company. Mention specific examples of how your previous experience has prepared you for the challenges of demand planning and how you can contribute to LG's success.
Highlight Soft Skills: In your application, don't forget to mention your soft skills, such as teamwork, communication, and problem-solving abilities. These are crucial for a role that involves collaboration with various departments and stakeholders.
How to prepare for a job interview at LinkedIn
✨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.
✨Understand the Supply Chain
Familiarise yourself with supply chain principles and be ready to talk about your experience in this area. Highlight any specific examples where you improved forecasting accuracy or reduced volatility.
✨Prepare for Scenario Questions
Expect scenario-based questions that assess your problem-solving abilities. Think of examples where you've tackled challenges in demand planning or inventory management and be ready to explain your thought process.
✨Emphasise Collaboration
Since the role involves working closely with various teams, emphasise your ability to build collaborative relationships. Share examples of how you've successfully worked with marketing, sales, or supply chain teams to achieve common goals.