Demand Planner

LG Electronics UK; Weybridge; On-site; GBP 35,000 - 55,000; Full time

Job summary

Join a forward-thinking company as a Demand Planner, where you'll play a crucial role in managing forecasts and supply plans for flagship products. This exciting position involves analyzing market trends, collaborating with sales and marketing teams, and improving forecasting accuracy. You'll be at the heart of the supply chain, ensuring smooth operations and contributing to the company's success. With a dynamic environment and a focus on innovation, this role offers the chance to make a real impact while enjoying competitive benefits and a supportive workplace culture.

Benefits

9% Employer Contribution to Your Pension

Life Assurance

Private Healthcare

25 Days’ Annual Leave

Staff Discount

Subsidised Cafeteria

Qualifications

• Experience in forecasting and supply chain management is essential.
• Proficient in Microsoft Excel for data analysis and reporting.

Responsibilities

• Develop and improve forecasting processes with marketing and sales.
• Analyze historical trends and generate weekly forecasts.
• Collaborate with suppliers to optimize inventory and cash flow.

Skills

Forecasting and Supply Chain principles

Microsoft Excel

Analytical skills

Problem-solving

Presentation skills

Tools

Statistical analysis tools

Job description

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.