Forecasting Planner - Sandton - R300 to R380 k pa

Location:	Sandton, Johannesburg, Gauteng, South Africa
Job Type:	Permanent
Posted:	17th Mar 2011
Closing Date:	1st Jan 2011
Posted By:	JP Recruiting
Details:
Forecasting Planner - Sandton - R300 to R380 k pa Forecasting Planner – R300 to R380k pa, Cosmetic Company - Sandton Reporting to Marketing Manager Main Purpose: A role that will oversee the international cosmetic product demand planning (forecasting and inventory) requirements process. This is a hands-on position responsible for developing and executing demand plan and inventory plans that will enable the PCD division to meet sales and service objectives. Collaboration with members of the supply chain, sales, marketing, and customer support teams is paramount to achieve these sales and service objectives Key Results Area:  Retailer month end sales data analysis  Sell-thru reporting and analysis  Forecasting and inventory analysis  New product launches and promotions Job Specific Requirements:  Designing and generating weekly and monthly statistical forecast reports  Continuously improving forecasting techniques, method, and approach  Relating and measuring the impact of forecast accuracy  Evolving and maintaining documentation and standard operating procedures for demand planning processes and systems.  Conduct current and future forecasting analysis, insuring forecasting processes and methods are followed.  Assemble and analyze all data pertinent to creating the sales forecast (historical sales, market trends, seasonality and promotions).  Establish and utilize best methods (statistical models and software tools) in creating forecasts and respective inventory targets.  Make recommended adjustments to forecast and inventory targets based on changes in demand and market trends.  Lead forecast and inventory planning meetings with Marketing Manager and General Manager reviewing recommended sales forecasts and inventory goals (emphasis on brand transitions, new product introduction, and promotions).  Manage inventory targets (including safety stock levels) that are approved by management.  Prepare, report, and communicate forecast and inventory measurements to management (forecast accuracy, inventory plan vs. targets).  Monitor SKU levels and recommend SKU rationalization initiatives in the future  Proactively facilitating, re-engineering, best practices & consensus between functional experts (Demand Planning, Inventory Planning, Purchasing, Sales & Marketing, Operations, Finance, and IT) QUALIFICATIONS  Background in master scheduling, forecasting, procurement and planning.  Strong analytical abilities  Strong knowledge of demand planning process within the cosmetic and retail industry  Experience using ERP statistical software packages  Knowledge of demand management/forecasting tools, forecasting processes in sales, marketing operations, finance, manufacturing and supply chain issues  Good communication and skills  Detail oriented  Extreme accuracy  Extensive spreadsheet analysis and strong mathematical abilities  3+ years related experience  Experience with MRP functionality  Knowledge of turn rates  Knowledge of key inventory performance metrics, turns, margin contributions, etc.  Ability to lead cross-functionally.  Collaborative skills in resolving long and short positions in inventory.  Experience in managing end of life cycle and absolute inventory.  4 year college degree (Business, ,marketing or related field)  Syspro experience a must Please send detailed CV, copy of your ID and motivation to sanjula.pather(at)iburst.co.za . Please note that if you are not contacted within 1 month of your application, your application has been deemed unsuccessful.

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