Global Demand Planner
Come join us at Molex as a Global Demand Planner! You will be the owner of Demand Forecast for assigned products, responsible for generating and driving the Global Unconstrained Demand Forecast, incorporating with Business Projection coming from Product Managements, Sales as well as your own analysis. Collaborate with internal / external customers to provide most educated and trustworthy short and long term (1-24 month) forecast to Supply Team with Value Creation / Profitability and Forecast Accuracy in mind. Be able to explain managements and internal customers where the Forecast gaps are coming from when fluctuate. Understand marketing and sales activities, adjust forecast accordingly to minimize excess inventory (Finish Goods and raw material both). Working closely with Supply Planning Team, understand where the shortfall in supply is against our forecast, make sure necessary actions are identified and are taken in advance to accommodate our future demand
Utilize a collaborative and consensus approach by working with Sales, Marketing, and Product Managers to obtain and ensure that current and accurate information is used to develop best possible mid to long term demand forecasts
Review historical sales trends, research demand drivers, prepare forecast data, self-develop statistical forecast models for DF judgement purposes, and evaluate forecast results
Coordinate cross-functional research activities to reconcile significant variances and refine the forecast model to reflect updated sales and marketing assumptions. Interact with sales, marketing, and product managers to understand demand forecast drivers
Load / validate updated demand forecast to the appropriate demand management working environment (Kinaxis Rapid Response) by the foreseen cadence by using historical Bookings, statistical output, OEM forecast where available, market trends and information, forecasts provided by sales engineers, and actual customer firm and forecast figures recorded in Rapid Response. For any part number transitions where forecast and actual should be combined, provide part number and site detail and apply supersession treatment. Ensure any changes to customer master data (Sold to customer mapping, Product Segmentation classification, etc...) are communicated to the appropriate Master Data Coordinator on a regular basis to ensure all reports reflect the most current business organization. Conduct analysis to identify cause of forecast error and drive continuous improvement in predictability in demand
Use KPI's (Key Performance Indicators) of the own portfolio to ensure continual improvement. Using calculations of Forecast Accuracy, Comet charts and Month over month reporting to make improvements in future forecast
Monitor and elevate the key management issues (capacity constraints, customer hurt ) to stakeholders (Sales and Supply planners) connected for specified areas of the business. Proactively support Demand Planning management to ensure ongoing commitment
Engage with Product and Project managers to consider EOL phase and new products / ramp-up phases
Drive utilization and / or selection of forecast / demand planning methodology, process and software
Drive process improvements contributing to reduction of forecast error and bias
Execute with excellence in the area of customer replenishment and feedback to the Supply Chain groups the opportunities and risks regarding customer replenishment performance metrics
Ability to lead meeting with members or Senior Management
Ability to lead change in the organization
Perform other related duties as assigned by management
Bachelor's Degree or higher in Supply Chain Management, Economics, Finance, Business Management or in lieu, 5+ years of experience in similar role
3 plus years of experience in a similar role in a high volume / high speed corporate environment. Experience or understanding in Sales, S&OP or Supply Chain Management. Practical knowledge of stats packages (i.e. SAS, SPSS or similar)
Skilled use SAP, BW and PowerBI, Rapid Response
Bilingual (English, Chinese)
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Demand Planner • Lisle, IL, US