Location
Lisle, IL | United States
Job description
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 - 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
- Load/validate updated demand forecast to the appropriate demand management working environment (Kinaxis Rapid Response) by the foreseen cadence by 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. For any part number transitions where forecast and actual should be combined, provide part number and site detail and apply supersession treatment. Ensure any changes to customer master data (Sold to customer mapping, Product Segmentation classification, etc...) are communicated to the appropriate Master Data Coordinator on a regular basis to ensure all reports reflect the most current business organization. Conduct analysis to identify 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 forecast
- 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 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 meeting with members or 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 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 SAP, BW and PowerBI, Rapid Response
- Bilingual (English, Chinese)
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. Any compensation range provided for a role is an estimate determined by available market data. The actual amount may be higher or lower than the range provided considering each candidate's knowledge, skills, abilities, and geographic location. If you have questions, please speak to your recruiter about the flexibility and detail of our compensation philosophy.
Hiring Philosophy All Koch companies value diversity of thought, perspectives, aptitudes, experiences, and backgrounds. We are Military Ready and Second Chance employers. Learn more about our hiring philosophy here .
Who We Are At Koch, employees are empowered to do what they do best to make life better. Learn how our business philosophy helps employees unleash their potential while creating value for themselves and the company.
Our Benefits 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. Our benefits plan includes - medical, dental, vision, flexible spending and health savings accounts, life insurance, ADD, disability, retirement, paid vacation/time off, educational assistance, and may also include infertility assistance, paid parental leave and adoption assistance. Specific eligibility criteria is set by the applicable Summary Plan Description, policy or guideline and benefits may vary by geographic region. If you have questions on what benefits apply to you, please speak to your recruiter.
Equal Opportunities Equal Opportunity Employer, including disability and protected veteran status. Except where prohibited by state law, all offers of employment are conditioned upon successfully passing a drug test. This employer uses E-Verify. Please visit the following website for additional information:
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