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- Tasks: Analyse sales data and forecast demand to optimise inventory levels.
- Company: Join a dynamic team in a leading consumer goods company.
- Benefits: Gain valuable experience, competitive salary, and opportunities for growth.
- Other info: Collaborative environment with a focus on continuous improvement.
- Why this job: Make a real impact on product availability and customer satisfaction.
- Qualifications: Analytical skills and a passion for data-driven decision making.
The predicted salary is between 30000 - 40000 £ per year.
The Demand & Supply Junior Planner plays a critical role in ensuring product availability and operational efficiency by balancing demand forecasts with supply plans. This position leverages historical data, market insights, and cross-functional collaboration to develop accurate forecasts and optimize inventory levels. The role oversees supply flows from approved suppliers to meet customer service targets while controlling costs. Success is measured through forecast accuracy, service level performance, and effective inventory management.
Key Responsibilities
- Support the UK Consumer Supply and Demand manager for the UK portfolio. For an assigned product portfolio, analyze historical sales performance, assess key demand drivers, and prepare forecast data using statistical forecasting models. Continuously evaluate and improve forecast accuracy.
- Collaborate cross-functionally with Sales, Marketing, and Finance to align assumptions, reconcile significant variances, and integrate market intelligence into the demand plan.
- Develop and manage supply plans for finished goods sourced from approved suppliers using SAP/APO MRP functionality, ensuring alignment with the demand forecast.
- Oversee inventory levels to meet agreed targets, balancing customer service performance with working capital and cost objectives. Provide regular performance and management reports.
- Monitor actual stock levels across sales warehouses, identifying and addressing deviations through proactive adjustments to material and production plans.
- Drive continuous improvement in key performance indicators, focusing on Sales Forecast Accuracy, Customer Service Level, and Inventory targets.
Demand & Supply Junior Planner employer: McCormick & Company
Contact Detail:
McCormick & Company Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Demand & Supply Junior Planner
✨Tip Number 1
Network like a pro! Reach out to people in the industry, attend events, and connect on LinkedIn. You never know who might have the inside scoop on job openings or can put in a good word for you.
✨Tip Number 2
Prepare for interviews by researching the company and role thoroughly. Understand their products, market position, and challenges. This will help you tailor your answers and show that you're genuinely interested in the Demand & Supply Junior Planner position.
✨Tip Number 3
Practice common interview questions and scenarios related to demand forecasting and inventory management. Use the STAR method (Situation, Task, Action, Result) to structure your responses and highlight your problem-solving skills.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, we love seeing candidates who are proactive about their job search.
We think you need these skills to ace Demand & Supply Junior Planner
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Demand & Supply Junior Planner role. Highlight relevant experience and skills that align with the job description, like your ability to analyse historical data and collaborate cross-functionally.
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're passionate about demand planning and how your background makes you a great fit for our team at StudySmarter. Don’t forget to mention any specific tools or methodologies you’re familiar with.
Showcase Your Analytical Skills: Since this role involves a lot of data analysis, be sure to showcase your analytical skills in your application. Mention any experience you have with statistical forecasting models or inventory management systems like SAP/APO.
Apply Through Our Website: We encourage you to apply through our website for the best chance of getting noticed. It’s super easy, and you’ll be able to keep track of your application status directly!
How to prepare for a job interview at McCormick & Company
✨Know Your Numbers
As a Demand & Supply Junior Planner, you'll be dealing with forecasts and inventory levels. Brush up on your statistical forecasting models and be ready to discuss how you've used data in the past to make decisions. Bring examples of how you’ve improved forecast accuracy or managed inventory effectively.
✨Collaborate Like a Pro
This role requires cross-functional collaboration, so be prepared to talk about your experience working with Sales, Marketing, and Finance teams. Think of specific instances where you aligned assumptions or reconciled variances. Show them you can communicate effectively across departments!
✨Showcase Your Problem-Solving Skills
You’ll need to monitor stock levels and make proactive adjustments. Prepare to discuss challenges you've faced in inventory management and how you tackled them. Highlight your analytical skills and your ability to think on your feet when things don’t go as planned.
✨Be Ready for Continuous Improvement
The company values driving continuous improvement in key performance indicators. Come armed with ideas on how you would approach this in your role. Discuss any past experiences where you implemented changes that led to better service levels or cost savings.