Manager, Demand Planning, Luxury Division, L'Oréal Operations

Loreal; El Segundo (CA); Hybrid; USD 90,000 - 129,000; Full time

Benefits offered by this job

Hybrid work

Medical benefits

401K pension

Product perks

VIP shop access

Mobile allowance

Gym memberships

Learning programs

ERGs

Job summary

L'Oréal is seeking a Manager, Demand Planning in El Segundo, CA to lead forecasting and inventory health for the Luxury Products division. You will build a bottoms-up forecast and drive monthly S&OP cycles with cross-functional partners.

Requirements include a Bachelor’s degree and 4+ years in demand planning, with strong analytical and communication skills. SAP experience is a plus, and the role offers a hybrid work policy and competitive benefits.

Qualifications

• Bachelor’s degree or equivalent related experience.
• Minimum 4+ years demand planning or related experience.
• Strong analytical, communication and organizational skills.
• Experience working with a forecast software system; SAP experience is a plus.

Responsibilities

• Develop and implement an accurate forecast for financial, production and strategic planning processes.
• Lead the S&OP process with key stakeholders in the business and operations.
• Collaborate with Sales, Marketing and Finance; challenge the forecast using data and qualitative signals.
• Monitor forecast performance and prevent stockouts or excess inventory.

Skills

Analytical skills

Communication

Organizational skills

Education

Bachelor’s Degree or equivalent related experience

Tools

SAP

Forecasting software

Job description

Job Title: Manager, Demand Planning

Division: Luxury Products

Location: El Segundo, California

About L'oreal

For more than a century, L'Oréal has devoted its energy, innovation, and scientific excellence solely to one business: Beauty. Our goal is to offer each and every person around the world the best of beauty in terms of quality, efficacy, safety, sincerity and responsibility to satisfy all beauty needs and desires in their infinite diversity.

At L'Oréal Luxe our mission is to provide our consumers the best products and brand experience by making it unique. Our portfolio is composed of over 21 brands including major brands, highly aspirational and multi-expert, such as Lancôme, Yves Saint Laurent, and Giorgio Armani.

What You Will Do

Manager, Demand Planning influences business and operational stakeholders to position the brand for growth and profitability. Responsible for the shipment and sales forecast for the brand, inventory health, catalogue productivity, SIT and service. Responsible for building a bottoms up forecast using intelligence from the market, sales teams and providing a consensus Brand Forecast consolidation to help drive monthly S&OP cycle for the business unit and channel.

• Manage the development, review and implementation of an accurate forecast for use in financial, production and strategic planning processes. Identify areas of risk and opportunity to the business plan due to internal/external factors and alert Management. Drive the continuous improvement of the demand planning and inventory management processes and systems.
• Drive the S&OP process with key stakeholders in the business and operations, representing Supply Chain in the business unit and channel.
• Interact & collaborate with Sales, Marketing & Finance partners in the development of the forecast. Challenge the forecast based on analytical data - both quantitative (shipments/consumption) and qualitative (marketing, advertising, promotion) demand signals. Assure reconciliation of forecast with financial trend and clearly communicate risks & opportunities. Animate the forecast validation meetings to ensure objectives are clearly identified and decisions are made.
• Monitor performance vs. the forecast throughout the month identifying any key shifts or trends. Analyze forecast variation/deviation with the goal to minimize out of stocks and prevent the build of excess & obsolete inventory.
• Collaborate with supply planning partners to identify forecast deviation and/or supply chain constraints and establish Safety Stock levels.
• Manage the product catalogue inclusive of product life-cycle. Analyze and interpret SKU effectiveness and efficiency. Guide/drive SKU rationalization.
• Inventory management to drive action plans to reduce Excess & Obsolete.
• Monitor the performance of new launches and animations versus the forecast. Develop ship share models to monitor execution versus ambition. Issue launch and animation assessments.
• Lead in the pre-budget/budget process for your business unit and channel
• Lead/participate in special projects as needed.
• Monthly reporting of KPIs

What We Are Looking For

• Bachelor’s Degree or equivalent related experience
• Minimum of 4+ years demand planning or related experience
• Strong analytical, communication and organizational skills required
• Experience working with a forecast software system
• Experience working within an SAP environment a plus
• Authorization to work in the United States on a full-time, permanent, ongoing basis is required. No immigration support/sponsorship offered for this role.
• Being present in the office three days a week is considered an essential function of all office-based roles for eligible full-time employees.

As an integral part of our culture at L'Oréal, wellness is at our core. We not only offer a generous Benefits Package (Medical, Dental, Vision, 401K), we also offer flexible time off, work from home days, and a pension plan! Additionally, you will have access to company perks such as Makeup, Skincare, and Fragrance! Employees receive a stipend for L'Oréal products as well as VIP Access to L'Oréal's Internal Shop for Discounted Products, and other perks such as Monthly Mobile Allowance, discounted gym memberships, and ERGs.

Additional Benefits Information As Follows

Salary Range: $90,200 - $128,500 (The actual compensation will depend on a variety of job-related factors which may include geographic location, work experience, education, and skill level)

• Competitive Benefit Package (Medical, Dental, Vision, 401K, Pension Plan)
• Hybrid Work Policy (3 Days in Office, 2 Days Work from Home)
• Flexible Time Off (Paid Company Holidays, Paid Vacation, Vacation Buy Program, Volunteer Time, Summer Fridays & More!)
• Access to Company Perks (VIP Access to L'Oréal's Internal Shop for Discounted Products, Monthly Mobile Allowance)
• Learning & Development Opportunities (Unlimited Access to E-learnings, Lunch & Learn Sessions, Mentorship Programs, & More!)
• Employee Resource Groups (Think Tanks and Innovation Squads)
• Access to Mental Health & Wellness Programs

Don’t meet every single requirement?

At L'Oréal, we are dedicated to building a diverse, inclusive, and innovative workplace.

We are an Equal Opportunity Employer and take pride in a diverse environment. We would love to find out more about you as a candidate and do not discriminate in recruitment, hiring, training, promotion, or other employment practices for reasons of race, color, religion, gender, sexual orientation, national origin, age, marital or veteran status, medical condition or disability, or any other legally protected status.

If you are a qualified individual with a disability or a disabled veteran, you may request a reasonable accommodation if you are unable or limited in your ability to access job openings or apply for a job on this site as a result of your disability. You can request reasonable accommodations by contacting [e-mail]. If you need assistance to accommodate a disability, you may request an accommodation at any time.

Please note: This job description does not list all duties of the job. Employees may be asked by management to perform other duties. The employer has the right to revise this job description at any time.