Demand Planner

McCormick & Company

Gurugram District

On-site

INR 1,200,000 - 1,800,000

Full time

11 days ago
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Job summary

McCormick & Company in Gurugram, India, is seeking a Demand Planner to execute the forecasting strategy for a low-volume portfolio, managing baseline forecasts and supporting IBP processes. The role requires strong analytical skills and experience with statistical modeling to help McCormick deliver predictable financial results.

You will work with cross-functional partners, maintain KPI tracking, and contribute to product life cycle forecasting, with emphasis on data cleansing, scenario

Qualifications

  • Bachelor's degree in business/engineering/finance or related field.
  • 4+ years planning experience with strong understanding of demand planning processes.
  • Experience in forecasting and knowledge of Demand Planning systems and complex algorithms.
  • Experience with SAP, ERP, and forecasting tools.
  • CPG experience preferred.
  • Strong communication and presentation skills.
  • Excellent time management and prioritization skills.
  • Excellent attention to detail.
  • Curiosity in RCCA.
  • Excellent analytical skills.
  • Ability to analyze complex data sources for insights.
  • Proven problem-solving and critical thinking skills.
  • Proficiency with MS Excel, Power Point, Word, ERP (SAP), ECC, IBP and forecasting tools.

Responsibilities

  • Maintains historical baseline data and trends, determines best-fit statistical models for each SKU, and cleanses historical data to remove anomalies where applicable.
  • Tracks and maintains demand KPIs (Forecast Accuracy and Forecast Bias) to determine appropriate root cause corrective action next steps.
  • Communication of downstream impacts of material plan changes (short-term).
  • Forecast Value-Add (FVA) analysis and implementation
  • Trouble shoots large, complex system problems with IT and GBS; develops forecast scenarios with assumptions.
  • Support role in IBP and S&OE processes (Pre-PCR, PCR and PSRs)

Skills

Communication skills
Presentation skills
Time management
Attention to detail
Analytical thinking
Problem solving
Critical thinking
Data analysis
Curiosity

Education

Bachelor's degree in Business Administration, Engineering, Finance, Supply Chain, or related field

Tools

SAP
ERP systems
MS Excel
PowerPoint
Word
ECC
APO
IBP
Forecasting tools

Job description

At McCormick, we bring our passion for flavor to work each day. We encourage growth, respect everyone's contributions and do what's right for our business, our people, our communities and our planet. Join us on our quest to make every meal and moment better. Founded in Baltimore, MD in 1889 in a room and a cellar by 25-year-old Willoughby McCormick with three employees, McCormick is a global leader in flavour. With over 14,000 employees around the world and more than $6 Billion in annual sales, the Company manufactures, markets, and distributes spices, seasoning mixes, condiments and other flavourful products to the entire food industry, retail outlets, food manufactures, food service businesses and consumers. While our global headquarters are in the Baltimore, Maryland, USA area, McCormick operates and serves customers from nearly 60 locations in 25 countries and 170 markets in Asia-Pacific, China, Europe, Middle East and Africa, and the Americas, including North, South and Central America

Position Summary

The Demand Planner executes the demand forecasting strategy for a low-volume and low complexity portfolio, accountable for <$500+ million of annual sales revenue. This role requires analytical mastery and proven experience with statistical modeling. The Demand Planner also requires strong communication skills and the ability to explain complex algorithms to cross-functional business partners. The position helps support the monthly Pre-Commercial Review/Consensus process within the IBP framework by owning the baseline statistical forecast. This role also supports Product Life Cycle management through supply chain forecasting, error detection and resolution. By providing accurate baseline forecasts and reducing forecast bias, this position enables McCormick to deliver predictable financial results and ensure cost, service and working capital goals are met.

Key Responsibilities
  • Maintains historical baseline data and trends, determines best-fit statistical models for each SKU, and cleanses historical data to remove anomalies where applicable.
  • Tracks and maintains demand KPIs (Forecast Accuracy and Forecast Bias) to determine appropriate root cause corrective action next steps.
  • Communication of downstream impacts of material plan changes (short-term).
  • Forecast Value-Add (FVA) analysis and implementation
  • Trouble shoots large, complex system problems with IT and GBS; develops forecast scenarios with assumptions.
  • Support role in IBP and S&OE processes (Pre-PCR, PCR and PSRs)
Qualifications
  • Bachelor's degree in Business Administration, Engineering, Finance, Supply Chain, or related field of study.
  • 4 years + of planning experience with a strong understanding of demand planning processes.
  • Experience in (statistical) forecasting and knowledge of Demand Planning systems and complex algorithms.
  • SAP, MS-Office tools, ERP packages and other relevant IT systems knowledge with focus on planning and forecasting.
  • CPG Experience preferred.
  • Strong communication and presentation skills.
  • Excellent time management and prioritization skills.
  • Excellent attention to detail.
  • Curiosity (experience diagnosing RCCA).
  • Excellent analytical skills.
  • Ability to analyze complex and disparate data sources down to incorporate key insights.
  • Proven problem-solving and critical thinking skills.
  • Proficiency with MS Excel, Power Point, Word, ERP (ex: SAP), ECC, APO, IBP and forecasting tools required.

At McCormick, we have over a 100-year legacy based on our “Power of People” principle. This principle fosters an unusually dedicated workforce requiring a culture of respect, recognition, inclusion and collaboration based on the highest ethical value

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