Demand Planner

$62,400 - $72,800/Yr

Vaco - Irvine, CA

Full-time

Irvine, CA

Administrative and Support Services

About the position

The Inventory Control Specialist / Demand Planner is a dual-role position focused on ensuring accurate inventory management and effective demand planning to support the company's operational and financial goals. The ideal candidate will possess experience in inventory control, demand forecasting, and supply chain management, with strong analytical skills and the ability to collaborate across departments.

Responsibilities

• Audit inventory to ensure systems are balanced during daily order processing.
• Research and resolve inventory issues, adjustments, and discrepancies, ensuring compliance with internal control procedures.
• Assist in maintaining inventory accuracy by completing follow-ups on previous adjustments and conducting cycle counts.
• Perform daily cycle counts, weekly supply counts, and weekly transfer checks to ensure inventory accuracy.
• Track and record inventory data and present reports to various departments.
• Receive products from vendors, check for quality, and communicate potential quality issues to buyers.
• Adhere to company safety policies and procedures.
• Oversee and maintain the Buys report to ensure alignment with inventory and sales goals.
• Manage monthly forecasts and buy planning, including demand forecasting at various levels.
• Handle purchase orders and invoice management, ensuring accuracy and timely processing.
• Collaborate with marketing, sales, and finance teams to understand various business dynamics.
• Lead the monthly consensus process to develop forecasts that meet supply chain service and inventory goals.
• Track and analyze forecast errors, identifying contributing factors and adjusting item and warehouse levels as needed.
• Perform brand and item mix analysis, providing insights for volume discussions and forecasting accuracy.
• Develop expertise in volume trends, consumption, and industry dynamics.
• Collaborate with supply planning to understand supply chain implications of forecast changes.
• Update and maintain a 2-year forecast in the forecasting system used for manufacturing and deployment planning.
• Continuously improve the forecasting process to minimize errors and enhance accuracy.

Requirements

• 2-5 years of relevant experience in inventory control and/or demand planning.
• Strong analytical skills and attention to detail.
• Proficiency in inventory management and demand forecasting.
• Ability to work effectively with cross-functional teams and communicate findings clearly.
• Experience with forecasting systems and inventory management software.
• Ability to lift and carry up to 50 pounds.

Benefits

• Opportunities for professional development and career advancement.
• Supportive and collaborative work environment.