Demand Planning Analyst – SIOP

Job not on LinkedIn

🔥 2 minutes ago

Apply Now

Find Similar Remote Jobs

Set Up Email Alert For New Jobs

📊 Check your resume score for this job

Improve your chances of getting an interview by checking your resume score before you apply.

Upload Resume

Franklin Electric

WebsiteLinkedInAll Job Openings

5001 - 10000 employees

Founded 1944

⚡ Energy

🌾 Agriculture

Energy • Agriculture • Industrial

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, maintain, and continuously improve 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 closely 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 Sales, Inventory & Operations Planning (SIOP) cycle. • Compare actual sales performance against forecasted demand, perform root cause analysis for forecast variances, and recommend improvements for future planning cycles. • Identify potential supply-demand imbalances, inventory risks, capacity constraints, and material shortages, and proactively recommend mitigation strategies. • Prepare monthly demand plans, inventory projections, and executive reports to support business planning and decision-making. • Coordinate with Supply Planning and Procurement teams to ensure optimal 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 initiatives in demand planning processes, forecasting methodologies, and planning systems. • Ensure data integrity within ERP, forecasting, and planning systems, maintaining accurate master data and planning parameters. • Conduct Safety Stock Analysis to determine optimal inventory buffers based on demand variability, lead time, service level targets, and business requirements. • 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. MBA is preferred. • 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 (Power Query, Pivot Tables, Power Pivot) and reporting tools such as Power BI.

🏖️ Benefits

• Health insurance • Retirement plans • Paid time off • Flexible work arrangements • Professional development