What are the responsibilities and job description for the Manager- Demand Planning (LUXE) position at L'Oréal?
Job Title: Manager, Demand Planning
Division: Luxury Products
Location: El Segundo, California
About L’oreal
For more than a century, L’Oréal has devoted its energy, innovation, and scientific excellence solely to one business: Beauty. Our goal is to offer each and every person around the world the best of beauty in terms of quality, efficacy, safety, sincerity and responsibility to satisfy all beauty needs and desires in their infinite diversity.
At L'Oréal Luxe our mission is to provide our consumers the best products and brand experience by making it unique. Our portfolio is composed of over 21 brands including major brands, highly aspirational and multi-expert, such as Lancôme, Yves Saint Laurent, and Giorgio Armani.
What You Will Do
Manager, Demand Planning influences business and operational stakeholders to position the brand for growth and profitability. Responsible for the shipment and sales forecast for the brand, inventory health, catalogue productivity, SIT and service. Responsible for building a bottoms up forecast using intelligence from the market, sales teams and providing a consensus Brand Forecast consolidation to help drive monthly S&OP cycle for the business unit and channel.
Additional Benefits Information As Follows
Salary Range: $90,200 - $128,500 (The actual compensation will depend on a variety of job-related factors which may include geographic location, work experience, education, and skill level)
Division: Luxury Products
Location: El Segundo, California
About L’oreal
For more than a century, L’Oréal has devoted its energy, innovation, and scientific excellence solely to one business: Beauty. Our goal is to offer each and every person around the world the best of beauty in terms of quality, efficacy, safety, sincerity and responsibility to satisfy all beauty needs and desires in their infinite diversity.
At L'Oréal Luxe our mission is to provide our consumers the best products and brand experience by making it unique. Our portfolio is composed of over 21 brands including major brands, highly aspirational and multi-expert, such as Lancôme, Yves Saint Laurent, and Giorgio Armani.
What You Will Do
Manager, Demand Planning influences business and operational stakeholders to position the brand for growth and profitability. Responsible for the shipment and sales forecast for the brand, inventory health, catalogue productivity, SIT and service. Responsible for building a bottoms up forecast using intelligence from the market, sales teams and providing a consensus Brand Forecast consolidation to help drive monthly S&OP cycle for the business unit and channel.
- Manage the development, review and implementation of an accurate forecast for use in financial, production and strategic planning processes. Identify areas of risk and opportunity to the business plan due to internal/external factors and alert Management. Drive the continuous improvement of the demand planning and inventory management processes and systems.
- Drive the S&OP process with key stakeholders in the business and operations, representing Supply Chain in the business unit and channel.
- Interact & collaborate with Sales, Marketing & Finance partners in the development of the forecast. Challenge the forecast based on analytical data - both quantitative (shipments/consumption) and qualitative (marketing, advertising, promotion) demand signals. Assure reconciliation of forecast with financial trend and clearly communicate risks & opportunities. Animate the forecast validation meetings to ensure objectives are clearly identified and decisions are made.
- Monitor performance vs. the forecast throughout the month identifying any key shifts or trends. Analyze forecast variation/deviation with the goal to minimize out of stocks and prevent the build of excess & obsolete inventory.
- Collaborate with supply planning partners to identify forecast deviation and/or supply chain constraints and establish Safety Stock levels.
- Manage the product catalogue inclusive of product life-cycle. Analyze and interpret SKU effectiveness and efficiency. Guide/drive SKU rationalization.
- Inventory management to drive action plans to reduce Excess & Obsolete.
- Monitor the performance of new launches and animations versus the forecast. Develop ship share models to monitor execution versus ambition. Issue launch and animation assessments.
- Lead in the pre-budget/budget process for your business unit and channel
- Lead/participate in special projects as needed.
- Monthly reporting of KPIs
- Bachelor’s Degree or equivalent related experience
- Minimum of 5 years demand planning or related experience
- Strong analytical, communication and organizational skills required
- Experience working with a forecast software system
- Experience working within an SAP environment a plus
Additional Benefits Information As Follows
Salary Range: $90,200 - $128,500 (The actual compensation will depend on a variety of job-related factors which may include geographic location, work experience, education, and skill level)
- Competitive Benefit Package (Medical, Dental, Vision, 401K, Pension Plan)
- Hybrid Work Policy (3 Days in Office, 2 Days Work from Home)
- Flexible Time Off (Paid Company Holidays, Paid Vacation, Vacation Buy Program, Volunteer Time, Summer Fridays & More!)
- Access to Company Perks (VIP Access to L’Oréal’s Internal Shop for Discounted Products, Monthly Mobile Allowance)
- Learning & Development Opportunities (Unlimited Access to E-learnings, Lunch & Learn Sessions, Mentorship Programs, & More!)
- Employee Resource Groups (Think Tanks and Innovation Squads)
- Access to Mental Health & Wellness Programs
Salary : $90,200 - $128,500