Position Summary
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Responsible for leading all forecasting activities associated with OE customers and products Collects and analyzes customer forecast submissions, reviews historical sales trends, identifies key demand drivers, and develops consensus forecast plan with stakeholders. Analyzes forecast performance and investigates variances between forecasted and actual demand, providing insights and recommendations to improve forecast accuracy. Facilitates cross-functional consensus planning reviews to reconcile significant forecast deviations and align assumptions into the demand plan. Partners closely with Sales, Supply Chain, Project Management, and Finance to communicate demand trends, business risks, opportunities, and forecast assumptions. Maintains forecasting tools, historical demand data, and forecast accuracy metrics to support continuous improvement of the demand planning process and enable data-driven decision-making.
Position Responsibilities:
- Collaborate with key stakeholders to develop consensus demand forecasts, ensuring current and accurate business information is incorporated into planning assumptions.
- Coordinate customer forecast collection, data consolidation, and variance analysis to support demand planning activities.
- Develop revenue projections based on demand forecasts and identify gaps or opportunities relative to business targets.
- Facilitate routine forecast review meetings with Sales to evaluate customer behavior, market trends, and key demand drivers.
- Partner with Supply Chain to support inventory strategies, capacity planning, and forecast accuracy improvement initiatives.
- Lead the monthly consensus demand review process and provide demand planning inputs to support the Sales & Operations Planning (S&OP) process.
- Participate in S&OP meetings and communicate forecast assumptions, demand trends, risks, and opportunities.
- Develop, maintain, and enhance demand planning tools, reports, and dashboards utilizing Microsoft Excel and Power BI.
- Maintain product master data, item attributes, and product hierarchy structures to ensure data integrity and reporting accuracy.
- Monitor forecast accuracy, forecast bias, and error trends; identify root causes and implement corrective actions to improve performance.
- Analyze market conditions, customer trends, and competitive intelligence to identify factors impacting demand.
- Prepare and maintain demand planning reports, metrics, and analyses to support business decision-making.
- Support annual budgeting, forecasting, and financial planning activities as required.
- Support demand planning activities for new product introductions, product transitions, and lifecycle management initiatives.
Specific Knowledge, Skills or Abilities Required:
- Experience with Power Query and basic understanding of Data modeling preferred
- Knowledge of Power BI report development preferred
- Ability to facilitate consensus review meetings with stakeholders expected
- This position requires strong analytical, organizational, decision making, and presentation skills.
- Strong interpersonal skills are also essential to effectively interact with all teams, areas and levels of business affecting the forecast process
Position Qualifications:
Education:
BS/BA degree in Business, Computer Science, Engineering or a related field
Experience:
2-5 years of experience in demand planning, supply chain, inventory management, forecasting, or related analytical role.
Experience supporting forecast development, inventory planning, or S&OP processes in a manufacturing, distribution, or consumer product environment preferred.
Demonstrated ability to analyze data, identify trends, and collaborate cross-functionally to improve forecast accuracy and inventory performance.
Equivalent combinations of experience and demonstrated capabilities will be considered.
Work Environment and Physical Requirements:
Office Environment
Ability to sit for long periods of time
Vision abilities required to validate and enter data on computer
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Fox offers an excellent compensation package and wide-ranging opportunities for professional development. Medical, Dental, Vision, Health Spending and Dependent Care Savings Accounts, Disability and Life Insurance benefit programs are available, as is a 401k plan with employer matching. Eligibility for all benefit programs is defined by the applicable plan document or employee handbook.