Demand Planning Executive

Techtronic Power Tools; Selangor; On-site; MYR 60,000 - 80,000; Full time

Job summary

A leading tools manufacturing company located in Malaysia is seeking a Supply Chain Planner to drive forecasting excellence and manage inventory processes. The role requires a bachelor's degree in Supply Chain Management or Business and 3-5 years of relevant experience. You will collaborate with various departments to gather demand drivers, build sales forecasts, and implement inventory strategies while ensuring optimal stock levels. Candidates must have strong analytical and problem-solving skills, along with a focus on data analysis and forecasting.

Qualifications

• 3-5 years of experience in supply chain or production planning.
• Strong analytical and problem-solving skills with a focus on data analysis and forecasting.

Responsibilities

• Gather information and collaborate with various functions to identify demand drivers.
• Build sales forecasts and lead the S&OP cycle.
• Drive initiatives to improve forecast accuracy.
• Monitor and manage slow moving inventory.
• Execute daily replenishment plans.
• Manage phase-out processes for products.
• Define stock targets per SKU at points of sale.
• Work with HQ Operations teams for inventory goals.

Skills

Analytical skills

Problem-solving skills

Data analysis

Forecasting

Education

Bachelor’s degree in Supply Chain Management or Business

Job description

Overview

You’ll Be DISRUPTIVE Through These Duties and Responsibilities

Forecasting Excellence and Process Improvement

Gather information and collaborate with Marketing, Sales, Finance, and other functions to identify events and drivers of demand.

Build the baseline, promotion and new products sales forecasts and lead the S&OP cycle with Sales, Marketing and Product teams.

Drive initiatives to improve forecast accuracy and reduce forecast bias with details root cause analysis.

Monitor and manage slow moving inventory and obsolescence and report to management team and HQ on time.

Execute daily to daily replenishment plan based on the sales plan.

Efficiently manage the phase-out process for products reaching the end of their lifecycle to minimize costs associated with unsold inventory.

Define the stock targets per SKU at each point of sale to achieve the optimal Inventory.

Work with HQ Operations teams & develop plans for improvement to achieve inventory goals and reduce obsolescence

Responsibilities

• Forecasting Excellence and Process Improvement: Gather information and collaborate with Marketing, Sales, Finance, and other functions to identify events and drivers of demand.
• Build the baseline, promotion and new products sales forecasts and lead the S&OP cycle with Sales, Marketing and Product teams.
• Drive initiatives to improve forecast accuracy and reduce forecast bias with detailed root cause analysis.
• Monitor and manage slow moving inventory and obsolescence and report to management team and HQ on time.
• Execute daily replenishment plan based on the sales plan.
• Efficiently manage the phase-out process for products reaching end of lifecycle to minimize costs associated with unsold inventory.
• Define stock targets per SKU at each point of sale to achieve the optimal Inventory.
• Work with HQ Operations teams and develop plans for improvement to achieve inventory goals and reduce obsolescence.

Other

• Lead comprehensive reviews with local and head quarter for process improvement.

Qualifications

• Bachelor’s degree in Supply Chain Management, Business, or equivalent.
• 3-5 years experience in supply chain or production planning.
• Strong analytical and problem-solving skills with a focus on data analysis and forecasting.

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