Manages demand forecasting for La-Z-Boy's business segments. Involves statistical analysis, collaboration with retail teams, and key performance measurements.
Responsibilities
Manages demand forecast for subsection of La-Z-Boy business
Generates statistical forecasts weekly based on Point-of-Sale data
Incorporates promotional and merchandising plans
Designs and standardizes processes in accordance with industry best practices
Adjusts forecasts based on marketing intelligence and promotional plans
Identifies trends and adjusts
Analyzes outliers, following up with Retail Sales, Marketing, and Merchandising to understand root causes
Manages two large Retail Merchandising changes each year creating forecast that integrates in cannibalization of existing products, discontinuations, and new product offerings
Provides unconstrained demand plan to inventory team that is used to generate weekly replenishment orders
Collaborates on generating the inventory replenishment plan with the inventory team
Measures forecast error using standard MAPE, APE, and bias
Uses these error calculations to determine potential steps for improving and prioritizing intel to most critical for forecast accuracy
Understands financial impacts of forecast errors and is able to quantify errors for senior leadership
Acts as the liaison between Retail planning and Operations teams
Communicates demand plans with the broader operations team
Understands impacts of Retail Merchandising plans on manufacturing plants and purchasing teams
Maintains master data for planning parameters within the system
Understands how the various control flags for each item effect forecasting and replenishment planning
Troubleshoots technical issues with IT department
Requirements
Bachelor’s degree in supply chain, Economics, Business or related field
6-8 years of relevant work experience
4+ years Demand Planning Experience
Computer skills: Excel, PowerPoint
Up to 25% Travel
CPIM or CPF (IBF) Certification
Certified Professional Forecaster (CPF) - (Institute of Business Forecasting & Planning (IBF))
Background in Statistics or Retail Planning
Benefits
Medical, Vision, Dental and Basic Life Insurance
401k retirement plan with company match of up to 6%
Paid time off includes: 9-11 paid holidays each year, two weeks’ prorated vacation as a new hire and either personal time (non-exempt only) or state mandated sick time
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