Ind Manager-demand Planning
3 days ago
About Lowe s Lowe s is a FORTUNE 100 home improvement company serving approximately 16 million customer transactions a week in the United States With total fiscal year 2024 sales of more than 83 billion Lowe s operates over 1 700 home improvement stores and employs approximately 300 000 associates Based in Mooresville N C Lowe s supports the communities it serves through programs focused on creating safe affordable housing improving community spaces helping to develop the next generation of skilled trade experts and providing disaster relief to communities in need For more information visit About the Team The Demand planning team is responsible for the development and execution of strategic inventory objectives required to meet in-stock goals to support various promotional and merchandising programs and allocates resources to ensure timely and accurate execution of all inventory plans for assigned product categories Job Summary The Manager Demand planning maintains overall responsibility for the development and execution of strategic inventory objectives required to meet in-stock goals to support various promotional and merchandising programs Roles Responsibilities Core Responsibilities Participate in the development planning and execution of marketing strategies for the categories under your responsibility Lead the Supply Chain team in order to attain the strategic goals within the company and area Manage and develop the direct report Analyst Supply Chain ensure that they not only understand their job but also become an effective member of the team Create an annual inventory budget by product group and location comp sales stores distribution centres that accurately reflects the store growth distribution growth and sales and sourcing initiatives planned for the upcoming year in addition to meeting corporate turn objectives Manage inventory flow builds and exits to ensure that inventory turn budgets are met or exceeded while consistently supporting stores and customers in-stock sales and space availability requirements Accurately reforecast inventory levels monthly based on sales and margin trends current or upcoming promotional activity new store opening date changes significant channel changes and reset wedge activities proactively identify budget variances predict and communicate risks impacts and recommend actions that will minimize markdown activity Drive improvement in inventory leverage year over year while appropriately supporting sales by executing strategic down-stocking initiatives and or coordinating logistics flow improvements that result in decreased inventory carrying requirements Create document pilot and coordinate with stores the execution of all inventory flow plans associated with merchandising store operations and off-shelf initiatives initiatives can include but are not limited to store resets SKU wedge changes major seasonal entries and exits distribution centre openings and expansions new stores openings end-cap change overs flyer activity and other major promotion or sales events Lead support coordinate and prioritize the activities of all Supply Chain team members associated with a merchandising division Planner Demand Analyst Inventory Fulfillment Analyst Supply Chain to ensure successful product flow inventory leverage and in-stock expectations for ongoing or major sales initiatives Develop and mentor the extended Supply Chain team when necessary Identify and lead cross-functional process improvements within the Supply Chain function Advise stores and business areas of inventory interruptions and substitutions to best minimize customer impact Maintain professional and productive relationships with suppliers to ensure awareness of inventory flow changes inventory opportunities and improved collaboration within the Supply Chain function Report on the state of the category as directed to the Director Supply Chain and Vice-President Supply Chain using financial analysis and any necessary documentation Years of Experience Overall 8 years of Experience 6 years of experience in Supply chain Management Demand Planning Inventory Management 4 years experience of project management 3 years of prior leadership experience Education Qualification Certifications Bachelor s degree in engineering Supply Chain Management Operations Research or Related Field MBA or master s degree in supply chain Skill Set Required Primary Skills must have Experience in or knowledge of Supply Chain Planning and Optimization Familiar with Inventory Management Planning Forecasting and Transportation processes and systems Working knowledge of Merchandising decision-making tools for Suppliers Items and Sourcing to include Financial determinations Experience in Data mining and visualization tool such as PowerBI SQL MS Access and Excel Excellent writing and communication skills including the ability to develop analytical documents for presentation to management Experience in leading teams with global operating model to effectively deliver on strategies Problem Solving - ability to leverage data information and visuals to solve business and execution strategic critical and thought leader to develop roadmap for assigned business and deliver results Secondary Skills desired Experience with JDA Fulfillment Demand and Allocation Lowe s is an equal opportunity employer and administers all personnel practices without regard to race color religious creed sex gender age ancestry national origin mental or physical disability or medical condition sexual orientation gender identity or expression marital status military or veteran status genetic information or any other category protected under federal state or local law
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