Demand Planner

Job Description:

Summary

The Demand Planner is responsible for applying extensive knowledge of principles, theories, concepts and industry practices in the area of the Demand Planning process. Responsible for all forecasting activities associated with internal and external customers and products. Creates and maintains forecasting models utilizing business intelligence and forecast data gathered from business functions/teams at various levels, horizons, and intervals. Accountable for monitoring performance of the process and continuous improvement in output, accuracy and bias.

Essential Duties and Responsibilities

• Develops solutions to a variety of complex and unusual problems that require independent judgment and ingenuity relative to demand planning often referring to policies and procedures for guidance. Work is accomplished under general direction and completed work is reviewed for results of accuracy and adequacy.

• Develop demand / statistical forecasts utilizing demand-planning software at multiple levels of aggregation for multiple time horizons. Maintain demand planning data and systems; prepare and maintain relevant material and reports.

• Drive the consensus aggregated demand plan and coordinate the dis-aggregated product mix forecast for the planning horizon. Develop product mix forecasts as input for supply planning, based on aggregate demand plan and work with Program Management to fine-tune the product mix plan.

• Gather, prepare, analyze, and validate forecast data; review historical sales trends, research demand drivers, summarize, aggregate and evaluate forecast results; develop statistical forecast models.

• Work with sales, marketing, finance, and sales/inventory/operations planning (SIOP) teams to research, review, reconcile variances and refine forecast models to reflect updated assumptions. Achieve consensus for operational demand forecasts.

• Provide input to the Supply Chain organization in developing inventory strategies on existing items, new products, and product phase-outs.

• Coordinate and communicate customer action plans with supply chain. Work with Supply Chain management team to monitor inventory levels and replenish or mitigate over-coverage situations.

• Review sales plans, customer finance budget updates or latest estimates and demand drivers. Present, solicit, and assess feedback on the various forecasts from SIOP.

Qualifications

Knowledge and Skills

• Solid understanding of inventory management practices and procedures.

• Strong mathematical and statistical knowledge.

• Capability to multitask in a fast-paced environment.

• Excellent written and verbal communication skills.

Abilities

• Proficiency in MS Office and analytics software is required.

• Ability to recognize patterns and trends in large data sets and use numerical information to develop business strategies.

• Strong math, organization, critical thinking, and problem-solving skills.

• Ability to summarize and explain complex information to others.

Education and Experience

• Bachelor’s degree in business, supply chain, mathematics or other relevant fields.

• 1-3 years of relevant inventory planning or demand planning experience.

If you are interested in an open position but feel you may not meet all the listed qualifications, we still encourage you to apply.

Terex Overview:

Terex Corporation is a global industrial equipment manufacturer of materials processing machinery, waste and recycling solutions, mobile elevating work platforms (MEWPs), and equipment for the electric utility industry. We design, build, and support products used in maintenance, manufacturing, energy, minerals and materials management, construction, waste and recycling, and the entertainment industry. We provide best-in-class lifecycle support to our customers through our global parts and services organization, and offer complementary digital solutions, designed to help our customers maximize their return on their investment. Certain Terex products and solutions enable customers to reduce their impact on the environment including electric and hybrid offerings that deliver quiet and emission-free performance, products that support renewable energy, and products that aid in the recovery of useful materials from various types of waste. Our products are manufactured in North America, Europe, and Asia Pacific and sold worldwide.

At Terex, we fully embrace the increasingly diverse world around us and strive to create an empowering and welcoming workplace culture. We are passionate about producing equipment that helps improve the lives of people around the world and providing our team members with a rewarding career and the opportunity to make an impact.

While our operations are global, each office or factory is a close-knit community. We value diversity, equity and inclusion, safety, integrity, respect, servant leadership, courage, citizenship, and continuous improvement. It's an exciting time to be part of the expanding manufacturing sector - come join us!

Additional Information:

We see inclusion as a key to our success and are committed to actively foster a culture where every team member feels valued, listened to, and appreciated. We are committed to being fair and impartial in our decisions, ensuring equity within our workplace. As an Equal Opportunity Employer, employment decisions are made without regard to race, colour, religion, national or ethnic origin, sex, sexual orientation, gender identity or expression, age, disability, or other characteristics protected by law.

The Company offers competitive salaries, advancement opportunities, and a full range of benefits, including Westfield health care for you and your dependents, contributory pension scheme, life assurance cover, employee stock purchase plan and access to global learning and development programs offering accredited and specialist training.

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 the Recruiting department (person or department) at