philips domestic appliances - hcm - Demand Planner

In this role, you have the opportunity to be the process owner for the demand plan and S&OP cycle for the organisation. Work with cross-functional teams to ensure tight alignment between forecast plan and financial plan, as well as manage the inventory levels. To support the Supply Chain Manager of Vietnam in managing and co-ordinating the activities of our supply chain and its partners, optimising the efficiency and working capital whilst maintaining the service levels demanded by our customers.
You are responsible for
Drive weekly Demand Planning and monthly S&OP meetings with cross-functional stakeholders.
Develop 18-month rolling demand forecast, incorporating market intelligence (promotions, phase in/phase out, new launches, dis-continuations) from Sales and Marketing teams. Challenge the forecast as needed.
Review historical sales trends, research demand drivers, prepare forecast data, develop statistical forecast models, 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 customer finance to understand demand forecast drivers.
Utilize a collaborative and consensus approach by working with Sales, Marketing and Finance to obtain and ensure that current and accurate information is used for demand forecasts.
Use and maintain the Demand Planning software as the primary forecasting system tool.
Provide input to the Supply Planning organization in developing inventory strategies on existing items, new products, and product phase-outs.
Closely coordinate and communicate customer action plans with supply planning
Reconcile supply plan to demand plan to mitigate shortfalls and unhealthy stocks situations for new launches, supply constraint or under-forecasted demand spikes.
Analyse and highlight business risk and opportunity to stakeholders and jointly propose appropriate mitigation plans.