Your Job
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 most educated and trustworthy short and long term (1-24 month) forecast to 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
Demand Forecasting
- 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 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.
- Conduct analysis to identify causes 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.
GSOP&E (Global Sales, Operations, Planning & Execution)
- Coordinate cross-functional activities to reconcile significant variances and refine forecast assumptions.
- Engage with Product and Project Managers to consider NPI new product / ramp-up phases and EOP, EOL / ramp-down phases.
- Load/validate updated demand forecasts into Kinaxis Rapid Response and ensure forecast assumptions accurately reflect business assumptions.
- Ability to lead meetings with members of Senior Management.
Collaboration & Continuous Improvement
- Utilize a collaborative and consensus approach by working with Sales, Marketing, and Product Managers.
- Drive utilization and/or selection of forecast/demand planning methodology, process.
- Drive process improvements contributing to reduction of forecast accuracy and bias.
- Ability to lead meetings with members of Senior 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 similar role.
What Will Put You Ahead
- Experience or understanding in Sales, S&OP or Supply Chain Management. Practical knowledge of stats packages (i.e. SAS, SPSS or similar).
- Tools Used: Kinaxis, SAP, BW and PowerBI.
Who We Are
As a Koch company, Molex is a leading supplier of connectors and interconnect components, driving innovation in electronics and supporting industries from automotive to health care and consumer to data communications. The thousands of innovators who work for Molex have made us a global electronics leader. Our experienced people, groundbreaking products and leading-edge technologies help us deliver a wider array of solutions to more markets than ever before.
At Koch, employees are empowered to do what they do best to make life better. Learn how our [1] business philosophy helps employees unleash their potential while creating value for themselves and the company.
Additionally, everyone has individual work and personal needs. We seek to enable the best work environment that helps you and the business work together to produce superior results.
References
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1. https://www.kochind.com/about/business-philosophy