Demand Planning Analyst – SIOP

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Franklin Electric

WebsiteLinkedInAll Job Openings

5001 - 10000 employees

Founded 1944

🏭 Manufacturing

⚡ Energy

🌾 Agriculture

Manufacturing • Energy • Agriculture

Franklin Electric is a global leader in the production and marketing of systems and components for the movement of water and energy. The company is recognized for its technical excellence in a wide range of products and services, serving residential, commercial, agricultural, industrial, municipal, and fueling applications around the world. Franklin Electric offers comprehensive solutions for water, fueling, and energy through its family of brands, addressing clean water, water transfer, wastewater, and energy systems. With a commitment to innovation, Franklin Electric provides technologies and services that help keep the world moving forward.

📋 Description

• Develop and maintain statistical demand forecasting models using historical sales data, market intelligence, and business assumptions • Analyze sales trends, customer demand patterns, seasonality, and market dynamics to generate accurate demand forecasts • Collaborate with Sales, Marketing, Product Management, Supply Chain, Operations, and Finance teams to align demand plans with business objectives • Lead the monthly Demand Review process as part of the SIOP cycle • Compare actual sales performance against forecasted demand, perform root cause analysis for forecast variances, and recommend improvements • Identify supply-demand imbalances, inventory risks, capacity constraints, and material shortages, and recommend mitigation strategies • Prepare monthly demand plans, inventory projections, and executive reports • Coordinate with Supply Planning and Procurement to optimize inventory levels while minimizing stockouts and excess inventory • Facilitate cross-functional SIOP meetings by presenting demand insights, forecast assumptions, key risks, and recommended actions • Drive continuous improvement in demand planning processes, forecasting methodologies, and planning systems • Ensure data integrity within ERP, forecasting, and planning systems, including accurate master data and planning parameters • Conduct safety stock analysis to determine optimal inventory buffers • Perform ABC inventory analysis to classify products based on sales value, consumption, and inventory

🎯 Requirements

• Bachelor's degree in Supply Chain Management, Operations Management, Engineering, Business Administration, Statistics, or a related field • 3–5 years of experience in Demand Planning, Supply Chain Planning, SIOP/S&OP, Forecasting, or Inventory Planning in a manufacturing environment • Advanced proficiency in Microsoft Excel, including Power Query, Pivot Tables, and Power Pivot • Experience with reporting tools such as Power BI • Strong understanding of inventory management, production planning, procurement, and end-to-end supply chain processes • Ability to work in a fast-paced manufacturing environment and manage multiple priorities effectively • MBA is preferred