To increase profitability for allocated product by conducting accurate and reliable forecasts, aligning inventory levels with identified demand, and improve income or revenue forecasts. Training is provided. A graduate with a Degree in Business and/or Engineering would be suitable.
Key responsibilities for this position include, but are not limited to:
Designing and generating weekly and monthly statistical forecast reports • Continuously improving forecasting techniques, methods and approach to ensure they are aligned to company objectives • Relating and measuring the impact of forecast accuracy • Support and drive strategic project plans to successful launch innovative products. • Weekly & Monthly demand on Demand Management System. • Monthly consensus meeting with sales management. • Communicate regularly with HQ & Manufacturing to identify supply issues and SFA • Long Term forecasting, confirmation of kits with HQ for Local manufacturing.
Demand Planning procedures and processes
Develop and maintain documentation and standard operating procedures for demand planning processes and systems. • Conduct current and future forecasting analysis and ensuring forecasting processes and methods are followed. • Assemble and analyze all data relevant to creating the sales forecast (historical sales, market trends, seasonality, promotions and inventory levels) • Establish and utilize best methods to create forecasts and respective inventory targets.
Assist with the update and maintenance of monthly price lists (per currency) • Communicate internally about pricing and on systems • Maintain fixed pricing from PM • Assist with pricing quotes, give information on foreign exchange conversions
Make recommended adjustments to forecast and inventory targets based on changes in demand and market trends. • Communicate with HQ about the new product and facilitate the registration of SABS to get the certificate • Review recommended sales forecasts and inventory goals focusing on new product introduction and make sure that stock is available for promotions. • Monitor and support channel inventory (sell-in/sellout) basis • Assist with monitoring of back orders • Tracking PO’s & Direct Orders to ensure Business Plan, Moving Plan target is achieved, ultimate goal to maximize sales and reduce inventory costs • Assist with information of Graded inventory
Review product data to ensure that sales staff is kept up to date on new developments regarding the companies • Responsible for the issuing and control of all sample products • Give input to HQ about new product and will give us new pricing for the product • Gap analysis to understand non achievements for Sales Forecasting accuracy and address with Sales Management Team. • Present at S&OP meeting to top management (Pending Issues/ supply and production issues/ageing Inventory & action plans). • Assist with Moving Plan sales allocations & backorders. • Management of End of Life & New Product Information (Demand, Shipment and delays analysis). • Manage DIO-Tracking and actions Plans-Local and Export • Assist Product Manager with Ad Hoc duties as and when necessary
Prepare, report and communicate forecast and inventory measurements to all stake holders. • Highlight key variances and change forecasts accordingly • Progress report on forecast against set targets • Basic admin (requesting approvals for product transfers, request price approvals ,listing documents, price queries internal and external, provide images and specifications, sample stock management, request approval for scrapping)
JOB REQUIREMENTS/ QUALIFICATIONS
Required Competencies • Quantitative and business analysis skills • Project management skills • A strong work-ethic • Analytical skills essential • Ability to meet all deadlines and set targets • knowledge of supply chain processes • Strong organisational ability • Effective communication with all relevant parties (team player) • Presentation skills Specialist within this function • Customer service orientation • Strategic approach to resolve challenges • Problem solving • Microsoft Office (MS Word, Excel, and PowerPoint). All at advanced level
Fluency in KOREAN and English is ESSENTIAL and NON NEGOTIABLE.
Degree in Business /Engineering
Please note that KOREAN and English is ESSENTIAL and NON NEGOTIABLE. Only suitable candidates to apply. [email protected]
If you have not received a response within 2 weeks, kindly deem your application unsuccessful.