Demand Planner
FerreroEnd to End Supply Chain Job ID: 78226 Parsippany, NJ, US (Hybrid) Permanent About the Role: We have a current opening for a Demand Planner and are actively reviewing applications. The Demand planner will contribute to generating demand plans, understand demand drivers, for proactive collaboration across Sales Forecasting, Brand Marketing, trade marketing Supply Planning and Finance. The goal of the Demand Planner position is to continuously improve service level while simultaneously reducing finished goods inventory through accurate forecasting. Key to this role will be anticipating and understanding the needs of different stakeholders across the company relative to forecasting, turning assumptions into actionable plans and providing insight into demand drivers to leadership. Main Responsibilities: Develop demand forecasts (operational forecasts) at multiple levels of aggregation for multiple time horizons as part of a demand planning function. Review historical sales trends, research demand drivers, prepare forecast data, use statistical forecast models, and evaluate forecast results. Track Forecast KPI’s including bias, accuracy and forecast value add. Use these KPI’s to drive improvements. Coordinate cross-functional research activities to reconcile significant variances and refine the forecast model to reflect updated sales, trade marketing and marketing assumptions. Interact with sales, marketing, trade marketing and finance to understand demand forecast drivers. Utilize a collaborative consensus approach by working with sales, marketing, trade marketing and finance to obtain and ensure that current and accurate information are used for demand forecasts. Use and maintain the Demand Planning software as the primary forecasting system tool. Provide input to the Supply Planning organization in developing inventory strategies on existing items, new products, and product phase-in/ phase outs. Closely coordinate and communicate customer action plans with supply planning and deployments. Activities Create statistical forecasts. Review sales plans, Budget Updates or Latest Estimates and demand drivers: Achieve consensus for operative plan by facilitating a collaborative planning process with sales, marketing and finance personnel: Provide input to volume planning ( Latest Estimates / annual process) Maintain demand planning system and software Prepare and maintain relevant reports pertaining to demand planning process About You: Bachelor’s Degree in Logistics, Operations Planning, Engineering or related fields 1-3 years’ experience with fast moving consumer goods or equivalent 1-3 years’ experience in Demand Planning or forecasting role Proficient Microsoft Office (Word, Excel) Understanding of statistics, forecasting and forecasting methods Experience with SAP APO & ECC or similar applications Strong analytical, organizational, decision making, and presentation skills Ability to Multi-Task/Good co-ordination and facilitation skills Ability to problem solve and set priorities Ability to work effectively with others Artificial Intelligence Disclosure As part of our recruitment process, Ferrero may use artificial intelligence (AI) enabled tools to assist with reviewing candidate applications. These tools are used solely to support recruiters by summarizing application information and identifying potential alignment with job requirements. AI does not independently screen out or select candidates, and it does not replace human judgment. Final decisions regarding candidate progression are always made by Ferrero recruiters and hiring managers. The base compensation range for this position is $75,305.00 - $100,406.00. Actual compensation will be determined based on experience, qualifications, and other job-related factors permitted by law. This range represents the anticipated salary for this position at this time. In addition to base salary, we offer a comprehensive benefits package, including health insur…