This role has been established to support the senior demand planner. The demand planner will have responsibility for collating sales forecasts from multiple business units and testing their reasonableness based on historic data. The sensitized sales forecasts will then be used to create accurate demand plans, taking into account supplier and freight lead times, ultimately ensuring that the correct level of inventory is held in the RING Leeds headquarters to maintain world-class levels of inventory availability for customers.
Key Responsibilities:
Create reliable demand plans for Ring’s various product categories, managing inventory in accordance with company DIO targets and ensuring service levels are maintained at a world-class standard. Measurement of customer service level of >95%. Collate, review and challenge sales forecasts. Using the ERP system data and Excel models, analyze historic trends and information to assess the reasonableness of sales forecasts presented. Based on the demand plans created, place timely purchase orders with suppliers, considering manufacturing lead times coupled with inbound freight timings, ensuring inventory arrives in Leeds on time to satisfy customer orders. Manage the flow of open orders, working closely with factory partners to delay or expedite orders to manage company cash flow and ensure service level targets are met. Organize themselves appropriately to ensure routines exist to expedite placed orders, ensuring that supplier manufacturing is tracking in line with previously agreed ETD. Develop and maintain a strong relationship with the imports team, ensuring ships and assets are booked in a timely manner to collect ordered product from suppliers on the ETD. Utilize the open to buy models by category to ensure orders are placed within a bandwidth which ensures inventory turn remains at target levels, following company guidelines for approval when a requirement exists to operate outside the open to buy process. Share past experiences and skills with the team and have a relentless willingness to continue to improve and drive RING’s processes as the business strives for continuous improvement.
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Create reliable demand plans for Ring’s various product categories, managing inventory in accordance with company DIO targets and ensuring service levels are maintained at a world-class standard. Measurement of customer service level of >95%. Collate, review and challenge sales forecasts. Using the ERP system data and Excel models, analyze historic trends and information to assess the reasonableness of sales forecasts presented. Based on the demand plans created, place timely purchase orders with suppliers, considering manufacturing lead times coupled with inbound freight timings, ensuring inventory arrives in Leeds on time to satisfy customer orders. Manage the flow of open orders, working closely with factory partners to delay or expedite orders to manage company cash flow and ensure service level targets are met. Organize themselves appropriately to ensure routines exist to expedite placed orders, ensuring that supplier manufacturing is tracking in line with previously agreed ETD. Develop and maintain a strong relationship with the imports team, ensuring ships and assets are booked in a timely manner to collect ordered product from suppliers on the ETD. Utilize the open to buy models by category to ensure orders are placed within a bandwidth which ensures inventory turn remains at target levels, following company guidelines for approval when a requirement exists to operate outside the open to buy process. Share past experiences and skills with the team and have a relentless willingness to continue to improve and drive RING’s processes as the business strives for continuous improvement.
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