Demand Planner

$90,000 - $95,000/Yr

David Yurman - New York, NY

posted 3 months ago

Full-time - Mid Level
New York, NY
Clothing, Clothing Accessories, Shoe, and Jewelry Retailers

About the position

David Yurman is seeking a Demand Planner to join our team in New York. This role is pivotal in ensuring accurate and timely demand forecasts, which are essential for the effective management of our supply chain. The Demand Planner will analyze core replenishable items and other key business metrics, managing the reporting and analysis of supply, demand, and inventory. This position requires collaboration with various departments, including Procurement, Merchandising, and Sales, to align demand forecasts with business strategies and operational needs. The Demand Planner will be responsible for developing and maintaining demand forecasts using Logility, a demand planning tool. This includes reviewing forecasts to incorporate shifts due to marketing initiatives, promotions, or new store openings. The role also involves analyzing historical sales trends, researching demand drivers, preparing forecast data, developing safety stock models, and evaluating forecast results to ensure optimal inventory levels. In addition to forecasting, the Demand Planner will review SKU inventory positions and collaborate with procurement to address any additional stock requirements. The role requires handling impromptu requests for reporting and analysis, assisting in the preparation for business meetings, and providing weekly and monthly reporting of key performance indicators (KPIs). Strong collaboration with planning channels and the supply chain is essential, as is the ability to work independently to identify opportunities and implement effective solutions.

Responsibilities

  • Develop and maintain demand forecasts within Logility.
  • Review forecasts incorporating shifts due to marketing, promotion or new doors expansions.
  • Review historical sales trends, research demand drivers, prepare forecast data, develop safety stock models, and evaluate forecast results.
  • Review SKU inventory position and collaborate with procurement to address additional stock requirements.
  • Handle impromptu requests for reporting/analysis, and assist in preparation for business meetings.
  • Weekly and Monthly reporting of KPIs.
  • Strong Collaborations with Planning Channels and Supply Chain.
  • Assist with assortment planning management.
  • Ability to work independently to identify areas opportunities and implement solutions.

Requirements

  • 3-5 years' experience with demand planning.
  • Retail, Wholesale or Supply Chain experience required.
  • Proficient with Demand Planning Tools - Logility or similar demand planning system is required.
  • Strong understanding of time phased forecasting, statistical models and forecasting parameters.
  • Ability to effectively utilize tools to monitor performance and effectiveness.
  • Knowledge of inventory models and metrics including forecast accuracy, bias safety stock, WOS.
  • Understanding of price elasticity and cannibalization.
  • Advanced Excel skills and analytical approach to data.
  • Strong written & verbal communication skills, and attention to details.
  • Exhibits strong problem-solving skills, attention to accuracy & ability to reconcile various data elements.
  • Comfortable with ambiguity and adjusts shifting priorities with appropriate sense of urgency.
  • Understanding of S&OP.
  • Bachelor's degree required.

Benefits

  • Access to healthcare benefits
  • 401(k) plan
  • Bonus
  • Employee discounts
  • Summer Fridays (corporate roles)
  • Generous paid time off
  • Sick time
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