Come join us at Molex as a Global Demand Planner!You will be the owner of Demand Forecast for assigned products, responsible for generating and driving the Global Unconstrained Demand Forecast, incorporating with Business Projection coming from Product Managements, Sales as well as your own analysis. Collaborate with internal/external customers to provide the most educated and trustworthy short and long term (1-24 month) forecast to the Supply Team with Value Creation/Profitability and Forecast Accuracy in mind. Be able to explain managements and internal customers where the Forecast gaps are coming from when fluctuate. Understand marketing and sales activities, adjust forecast accordingly to minimize excess inventory (Finish Goods and raw material both). Working closely with Supply Planning Team, understand where the shortfall in supply is against our forecast, make sure necessary actions are identified and are taken in advance to accommodate our future demand.What You Will Do
- Utilize a collaborative and consensus approach by working with Sales, Marketing, and Product Managers to obtain and ensure that current and accurate information is used to develop the best possible mid to long term demand forecasts.
- Review historical sales trends, research demand drivers, prepare forecast data, self-develop statistical forecast models for DF judgement purposes, and evaluate forecast results.
- Coordinate cross-functional research activities to reconcile significant variances and refine the forecast model to reflect updated sales and marketing assumptions. Interact with sales, marketing, and product managers to understand demand forecast drivers.
- Load/validate updated demand forecast to the appropriate demand management working environment (Kinaxis Rapid Response) by the foreseen cadence using historical Bookings, statistical output, OEM forecast where available, market trends and information, forecasts provided by sales engineers, and actual customer firm and forecast figures recorded in Rapid Response.
- Conduct analysis to identify the cause of forecast error and drive continuous improvement in predictability in demand.
- Use KPI's (Key Performance Indicators) of the own portfolio to ensure continual improvement. Using calculations of Forecast Accuracy, Comet charts and Month over month reporting to make improvements in future forecasts.
- Monitor and elevate the key management issues (capacity constraints, customer hurt) to stakeholders (Sales and Supply planners) connected for specified areas of the business. Proactively support Demand Planning management to ensure ongoing commitment.
- Engage with Product and Project managers to consider EOL phase and new products / ramp-up phases.
- Drive utilization and/or selection of forecast/demand planning methodology, process and software.
- Drive process improvements contributing to the reduction of forecast error and bias.
- Execute with excellence in the area of customer replenishment and feedback to the Supply Chain groups the opportunities and risks regarding customer replenishment performance metrics.
- Ability to lead meetings with members of Senior Management.
- Ability to lead change in the organization.
- Perform other related duties as assigned by management.Who You Are (Basic Qualifications)
- Bachelor's Degree or higher in Supply Chain Management, Economics, Finance, Business Management or in lieu, 5+ years of experience in a similar role.What Will Put You Ahead
- 3 plus years of experience in a similar role in a high volume/high speed corporate environment. Experience or understanding in Sales, S&OP or Supply Chain Management. Practical knowledge of stats packages (i.e. SAS, SPSS or similar).
- Skilled use of SAP, BW and PowerBI, Rapid Response.At Koch companies, we are entrepreneurs. This means we openly challenge the status quo, find new ways to create value and get rewarded for our individual contributions.Hiring PhilosophyAll Koch companies value diversity of thought, perspectives, aptitudes, experiences, and backgrounds. We are Military Ready and Second Chance employers.Who We AreAt Koch, employees are empowered to do what they do best to make life better.Our goal is for each employee, and their families, to live fulfilling and healthy lives. We provide essential resources and support to build and maintain physical, financial, and emotional strength - focusing on overall wellbeing so you can focus on what matters most.Equal Opportunity Employer, including disability and protected veteran status. Except where prohibited by state law, some offers of employment are conditioned upon successfully passing a drug test. This employer uses E-Verify. #J-18808-Ljbffr