Demand Planning Analyst
Fullscript
What You'll Do:
- Demand Forecasting:
- Develop and maintain reliable and accurate short-term and long-term demand forecasts (up to 12+ months) based on historical sales data, promotions, seasonality, and market intelligence, integrated with robust statistical analysis and business intelligence aligned with best practices defined by the Demand Planning Manager.
- Leverage best demand planning practices and strategic forecasting methodologies within the planning and replenishment system to continuously prove forecast accuracy.
- Collaborate with commercial, marketing, finance, and supply chain teams to gather essential input, and incorporate feedback into the demand forecast to drive consensus and alignment across the organization.
- Utilize advanced forecasting tools and techniques to improve forecast accuracy and reliability across various time intervals, including identifying patterns, trends, and anomalies in historical data.
- Monitoring and adjust SKU forecasts to reflect changes in market conditions, product lifecycle stages, and evolving business priorities.
- Conduct weekly and monthly forecast accuracy analysis and exception reviews to proactively identify adjustments, highlight key variances, and maintain the integrity of the demand plan.
- Functional Activities:
- Track and report on forecast accuracy and bias at the SKU, category, and brand level, monitoring demand patterns and highlighting exceptions requiring cross-functional review.
- Collaborate closely with supply chain and procurement teams to ensure timely replenishment and inventory alignment with forecasted demand, highlighting sales risk.
- Participate in brand and category business reviews, bringing visibility into the demand plan forward looking projections.
- Execute new product introduction forecasting and discontinuation (product lifecycle) processes within the planning and replenishment tool.
- Data Analysis and Reporting:
- Analyze demand patterns, market trends, and customer behaviors to identify potential risks and opportunities.
- Track and report on demand planning KPIs, such as forecast accuracy and bias.
- Maintain and update relevant demand planning master data within the planning and replenishment system of record.
- Use data-driven insights to recommend actions and strategies to improve demand planning processes and drive category and brand strategy, and execute these actions within planning and replenishment tools.
- Process Improvement:
- Serve as a business user Subject Matter Expert (SME) for demand planning systems and tools.
- Identify opportunities to improve forecasting models, automate reporting, and enhance process efficiency.
- Contribute to process standardization and best-practice sharing within the demand planning function.
- Collaboration and Communication:
- Collaborate with sales, marketing, and finance teams to gather inputs, validate assumptions, and align forecasts with business strategies.
- Partner with category and brand managers as well as suppliers to understand promotional activities, new product launches, and supply constraints.
- Support the Sales, Inventory, and Operations Planning (SIOP) process by participating in regular meetings with key stakeholders to review demand forecasts, inventory status, market dynamics, and providing accurate data and scenario analyses.
What You Bring:
- Bachelor’s degree in Supply Chain Management, Business Administration, Economics, Statistics, or a relevant quantitative field.
- Master’s degree or professional certifications such as APICS CPIM, CSCP, or IBF CPF preferred.
- 2–5 years of experience in demand planning, forecasting, or supply chain analysis (retail, CPG, or distribution preferred, with S&OP experience preferred).
- Knowledge of statistical forecasting methodologies and the ability to use complex statistical models.
- Strong execution skills, ability to work both strategically and tactically.
- Proven experience in demand forecasting, inventory management, and data / forecasting KPI analysis.
- Experience with replenishment/demand planning software and tools (e.g., SAP, Oracle, JDA, Blue Ridge).
- Ability to identify and escalate structural issues in forecasting processes, propose data-driven solutions, and support implementation efforts across the business.
- Detail-oriented with a focus on accuracy and continuous improvement.
- Ability to thrive in a fast-paced and dynamic environment with high adaptability to change and a bias for action.
Why You'll Love Fullscript:
- Market competitive compensation package including equity
- RRSP matching (within CAD)//401K matching (within US)
- Flexible PTO policy
- Flexible benefits package and additional perks
- Employee discount on Fullscript catalog of products for family & friends
- Ability to *Work Wherever You Work Well*
