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Sr. Manager, Demand Planning - Milwaukee Wisconsin
Company: Regal Rexnord Corp Location: Milwaukee, Wisconsin
Posted On: 01/28/2025
Position: Demand Planning Manager Reports To: Senior Director, Supply Chain SegmentLocation: Milwaukee, Wisconsin - HYBRIDPosition Summary: The Demand Planning Manager position plays a key role in the success of Regal Rexnord's Sales, Inventory & Operations Planning (SIOP) for the Industrial Components division. The position is responsible for overseeing forecasting practices, methods of forecasting demand, ensuring the proper signals are passed to supply and operations teams, and monitoring forecast accuracy to drive forecasting improvements. The individual for this role should be highly analytical with strong communication skills and collaborative leadership approach to coordinate across the organization. The position also holds responsibilities for governing the forecasting tools, overseeing improvements of SIOP analytics, and driving identified improvements across the business segment.Responsibilities - Deploy advanced demand planning techniques to provide accurate value and units-based demand forecasts in order to ensure desired stocking levels and drive customer service performance.
- Develop and monitor analytical reporting to identify shifts in demand trends, analyze forecast accuracy and downstream impacts to inventory health and service performance.
- Assess performance of current planning tools and define opportunity areas to further leverage tool capability and enhance statistical models.
- Collaborate across various functions - Product Management, Sales, and Commercial Operations to capture necessary inputs to the forecasted demand plan.
- Establish forecasting dashboards and demand visualizations to support consensus demand plan, identify demand trends and analyze forecast performance.
- Lead the Demand process through consensus with Sales, Marketing, Planning & Finance to ensure timely development of an agreed upon forecast which ties to financial projections for a single plan.
- Collect Channel forecast insights, Commercial Operations forecast insights at aggerate level to support disaggregation and analysis at lower-level item and value stream to support supply planning
- Lead monthly forecast collaboration meetings with Key Customers and Channel Leaders. Partner with Commercial Excellence to increase collection of Customer Forecasting Inputs.
- Demonstrate strong leadership traits and cross-functional supply chain knowledge to provide overall supply guidance to other functional areas (Inventory Management, Materials Management, Operations, Warehousing & Distribution)Qualifications
- BS in Supply Chain Management, Business, or Analytics. MBA and or PMP certification are both a plus
- Minimum 8 years of supply chain experience with key focus on forecasting concepts and techniques
- Strong analytical skills and ability to apply basic statistical concepts
- Ability to lead through influence and communicate across diverse group of stakeholders
- Experience with end-to-end supply chain planning tools and forecasting systems
- Familiar with a variety of the manufacturing concepts, practices, procedures
- Demonstrated ability to analyze, resolve problems and convert data into actionable solutions
- Experience with tools such as Microsoft Project, Office, SharePoint, ERP (SAP/Oracle), Planning Tools (Demantra), and Analytical Dashboards (Power BI)
- Knowledge of lean tools and mindset to drive for continuous improvementLeadership Competencies:
- Action Oriented: Taking on new opportunities and tough challenges with a sense of urgency, high energy and enthusiasm.
- Communicates Effectively: Developing and delivering multi-mode communications that convey a clear understanding of the unique
- needs of different audiences.
- Decision Quality: Making good and timely decisions that keep the organization moving forward.
- Optimize Work Processes: Knowing the most effective and efficient processes to get things done, with a focus on continuous improvement.
- Cultivates Innovation: Creating new and better ways for the organization to be successful.Travel:
- Up to 25% Domestic and International travel is required for this position#LI-Hybrid #LI-AB1Benefits
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