1. Job purpose
The Demand Planner is responsible for the Sales forecasting, demand planning and monitoring inventory levels for the full product portfolio of Lotus Bakeries Korea. The Demand Planner is also responsible for all placing Purchases Orders and tracking the PO’s plus all communication with our Factory Planning & Export team in Belgium, freight forwarders including communication with Asia region team.
2. Place in the organization
The Demand Planner reports to the SC Manager of Lotus Bakeries Korea.
3. Key Result Areas
1) S&OP Process
• Create a solid sales forecast (SFC) by distributor by SKU, based on sales history, seasonality, market trend, commercial activities
• Validate SFC with each account manager and understand to reasons for large variances between SFC and Actuals, and impact on forecast going forward; if possible use statistical forecasting through IBP; in line with S&OP process, the DP ensure adequate input is given to the S&OP meeting, to allow final decision taking on the S&OP plan (highlight issues like excess stock, constraints etc)
• Consolidate final forecast and compare with BU, highlight any gaps vs BU to management team to trigger action plans
• Prepare Demand Plan using our specific "Waterfall" template to ensure we have fresh stock available at any given point being able to support the business based on the SFC, while limiting the risk of overstock (Aged stock)
• Works with all stakeholders to ensure that all kinds of promotions, base line volume change, NPD and product phase-out plans for all product lines are addressed as part of the S&OP process
• Grow and improve S&OP maturity continuously to get a sustainable forecast process
2) Inventory Management
• Target maximum 30 days of stock per SKU to ensure fresh stock is available to our customers at any point in time and have sufficient buffer stock available to support any fluctuations in the SFC and ad hoc requests.
• Closely monitor inventory on hand and potential ageing stock – report/discuss potential ageing stock on weekly basis to ensure necessary actions are planned by commercial team
• Ensure proper stock allocation per SKU per distributor in case of supply constraints based on input from commercial team/country manager
• Measure/review local distributors stock to ensure stock levels at our distributors are reasonable and consider this stock when preparing the demand planning and stock allocation (if applicable)
3) Inventory replenishment (Purchase Order process) and T&D (including landed) cost management
• Purchase order placement regularly and monitor production status, booking confirmations, shipping schedule changes, and any other logistics issues at origin
• Works with various stakeholders to ensure that all shipping documents are handed over to Logistics specialist to go through customs clearance and quarantine in Korea
• Verify the invoice issued by freight forwarder and keep tracking of balance amount
• Work with local 3PL logistics company for boned trucking and deliver to the appointed warehouse location
• Prepare monthly landed cost report to monitor the actual cost compared with budget
4) Master data management and project management
• Maintain/update the material/customer master in SAP
• Update the applicable pricing for repacking products and packaging material as year-end activity
• Demand and Supply planning related projects assigned on an ad hoc basis
![](https://pds.saramin.co.kr/recruit/recruit/202308/28/s02ydu_p13t-1mnxamx_recruit.png)
지원자격 |
ㆍ경력 : 경력 4년 ~ 6년(과장급) |
-Around 4 – 6 years of solid Supply Chain experience, previous working experience as Demand Planner is a plus.
- -Strong Microsoft Excel skills required including use of advanced formulas
- -Experience with SAP is a plus
- -Strong experience in FMCG (preferably in Food & Beverage), working with A-brands and working in an international environment.
- -Knows and understands the supply chain dynamics in Korea.
Language:
- Fluent in Korean and English (both verbally and in writing)
Personal competences:
- • Strong personality and serious partner in business
- • Strong communicator both internal and external.
- • Analytical, fact based, solution thinker (‘how can we make this happen”)
- • Hands on mentality