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Senior Manager - Demand Planning
New York, NY, New York
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Permanent
New York, NY, New York
Supply Chain
Full - Time
19-Jan-2024
General Information
Job Title: Senior Manager, Demand Planning
Division : Luxury Products
Supervisor Title: VP, Demand Planning
FLSA status: Exempt
Location: New York, New York
ABOUT L’OREAL
Innovation has fueled L'Oréal’s business for more than 100 years and we will rely on our culture of innovation and entrepreneurship to help us continually evolve. L'Oréal’s dynamic culture provides its employees with entrepreneurial freedom and opportunities to drive transformation across its €29.87B business, encompassing over 35 brands, around the globe. In the US, we have 12,000 employees working collaboratively across 14 states to build leading edge technologies, launch highly personalized products, reimagine consumer experiences, and develop creative solutions to reduce our environmental footprint.
At L'Oréal Luxe our mission is to provide our consumers the best products and brand experience by making it unique. Our portfolio is composed of 21 brands including major brands, highly aspirational and multi-expert, such as Lancôme, Yves Saint Laurent, and Giorgio Armani.
Role Summary:
Sr. Manager Demand Planning influences business and operational stakeholders to position the brand for growth and profitability. Responsible for the shipment and sales forecast for the brand, inventory health, catalogue productivity, SIT and service. Responsible for building a bottoms up forecast using intelligence from the market, sales teams and providing a consensus Brand Forecast consolidation to help drive monthly S&OP cycle for the brand.
What We Are Looking For:
Tasks, Duties & Responsibilities:
Manage the development, review and implementation of an accurate forecast for use in financial, production and strategic planning processes. Identify areas of risk and opportunity to the business plan due to internal/external factors and alert Management. Drive the continuous improvement of the demand planning and inventory management processes and systems.
Drive the S&OP process with key stakeholders in the business and operations, representing Supply Chain in brand.
Interact & collaborate with Sales, Marketing & Finance partners in the development of the forecast. Challenge the forecast based on analytical data - both quantitative (shipments/consumption) and qualitative (marketing, advertising, promotion) demand signals. Assure reconciliation of forecast with financial trend and clearly communicate risks & opportunities. Animate the forecast consensus meetings to ensure objectives are clearly identified and decisions are made.
Monitor performance vs. the forecast throughout the month identifying any key shifts or trends. Analyze forecast variation/deviation with the goal to minimize out of stocks and prevent the build of excess & obsolete inventory.
Collaborate with supply planning partners to identify forecast deviation and/or supply chain constraints and establish Safety Stock levels.
Manage the product catalogue inclusive of product life-cycle. Analyze and interpret SKU effectiveness and efficiency. Guide/drive SKU rationalization.
Inventory management to drive action plans to reduce Excess & Obsolete.
Monitor the performance of new launches and animations versus the forecast. Develop ship share models to monitor execution versus ambition. Issue launch and animation assessments.
Lead in the pre-budget/budget process for your brand
Lead/participate in special projects as needed.
Monthly reporting of KPIs
Job Requirements:
Bachelor’s Degree or equivalent related experience
Minimum of 5 years demand planning or related experience
Strong analytical, communication and organizational skills required
Experience working with a forecast software system
Experience working within an SAP environment a plus
As an integral part of our culture at L’Oréal, wellness is at our core. We not only offer a generous Benefits Package (Medical, Dental, Vision, 401K), we also offer flexible time off, work from home days, and a pension plan! Additionally, you will have access to company perks such as Makeup, Skincare, and Fragrance! Employees receive a stipend for L'Oréal products as well as VIP Access to L’Oréal’s Internal Shop for Discounted Products, and other perks such as Monthly Mobile Allowance, discounted gym memberships, and ERGs.
Additional Benefits Information As Follows:
Salary Range: $120,000 -$170,000 (The actual compensation will depend on a variety of job-related factors which may include geographic location, work experience, education, and skill level)
•Competitive Benefit Package (Medical, Dental, Vision, 401K, Pension Plan)
•Hybrid Work Policy (3 Days in Office, 2 Days Work from Home)
•Flexible Time Off (Paid Company Holidays, Paid Vacation, Vacation Buy Program, Volunteer Time, Summer Fridays & More!)
•Access to Company Perks (VIP Access to L’Oréal’s Internal Shop for Discounted Products, Monthly Mobile Allowance)
•Learning & Development Opportunities (Unlimited Access to E-learnings, Lunch & Learn Sessions, Mentorship Programs, & More!)
•Employee Resource Groups (Think Tanks and Innovation Squads)
•Access to Mental Health & Wellness Programs
Don’t meet every single requirement? At L'Oréal, we are dedicated to building a diverse, inclusive, and innovative workplace. If you’re excited about this role but your past experience doesn’t align perfectly with the qualifications listed in the job description, we encourage you to apply anyways! You may just be the right candidate for this or other roles!
We are an Equal Opportunity Employer and take pride in a diverse environment. We would love to find out more about you as a candidate and do not discriminate in recruitment, hiring, training, promotion, or other employment practices for reasons of race, color, religion, gender, sexual orientation, national origin, age, marital or veteran status, medical condition or disability, or any other legally protected status.
If you are a qualified individual with a disability or a disabled veteran, you may request a reasonable accommodation if you are unable or limited in your ability to access job openings or apply for a job on this site as a result of your disability. You can request reasonable accommodations by contacting [email protected]. If you need assistance to accommodate a disability, you may request an accommodation at any time.
Our Safe Together Plan: Your safety is our highest priority. We will proceed with caution and adhere to enhanced protection standards to ensure our sites are safe for all employees. We must all operate with the shared responsibility for each other’s health & safety in mind.
Please note: This job description does not list all duties of the job. Employees may be asked by management to perform other duties. The employer has the right to revise this job description at any time.