Toro Company Bloomington , MN 55431
Posted 2 weeks ago
Who Are We?
The Toro Company is a homegrown, Minnesota-based company that has been in business since 1914. We pride ourselves on providing world-class equipment to help maintain the environment that we love, while putting an emphasis on giving back to the communities that surround us. From residential lawns and gardens, to venues such as St Andrews Links and Target Field, we are a company with a global footprint and a passion for helping people beautify whatever landscape they may be in. With 100 years of operation under our belt and an average employee tenure of 15 years, come find out what makes The Toro Company the best place in the Twin Cities to build a career.
Job Functions
The Senior Analyst, IBP Demand Planning is responsible for creating demand forecasts by leveraging history and assumptions gathered through the demand consensus review process. This includes a rolling 24-to-36-month Demand Plan at family level in accordance with the enterprise IBP Process, and SKU level forecasts for the cumulative lead-time horizon. The analyst adds value to the forecast through targeted adjustments that improve accuracy and eliminate bias from the Demand Plan. This position reports to the Demand Planning Manager and provides support to product marketing and account management in monitoring, evaluating, and analyzing trends related to their portfolio. In addition, the demand planner works with integrated supply chain to align supply and demand, and with the business on product allocations.
What Will You Do?
In order to grow and build a successful career with The Toro Company, you will be responsible for:
Lead key category monthly demand consensus reviews to drive alignment and accountability to the integrated demand plan. Ensure alignment with Marketing & Sales in development of the consensus forecast.
Documents assumptions underlying the plan and highlighting key changes.
Collaborate with cross-functional partners including Marketing, Sales, Finance, Engineering and Supply Planning and utilize historical order and shipment data, current Point of Sale (POS) trends, field inventory data, promotional activity information to develop the best possible demand plans for new and existing products.
Utilize SAP Demand Planning and the Integrated Business Planning (IBP) process to develop a Stock Keeping Unit (SKU) level demand forecasts for products within the Residential & Landscape Contractor (RLC) portfolio.
Communicate changes to cross-functional partners. Quantify and proactively communicate all significant forecasts changes and gaps to all impacted.
Review forecast metrics (EVA, BIAS), understand root cause when variability exceeds the norm, and determine best methods to improve forecast accuracy and eliminate bias.
Collaborate with Supply Planning and Manufacturing on corresponding planning scenarios and strategies. Communicate and escalate concerns to management to ensure an appropriate supply chain strategy is developed.
Participate in development of Annual Business Plans.
Major contributor to the implementation and successful roll-out of demand planning tool; Utilize and maintain inputs to the Demand Planning and IBP tools.
Support the weekly Integrated Tactical Planning (Sales & Operations Execution) process for the RLC division with cross-functional team including sales, marketing and supply chain
Find and implement areas for continuous improvement that can be leveraged across the team
Note: The responsibilities and tasks outlined in this document are not exhaustive and may change as determined by the needs of the company.
What Do You Need?
To be considered for this role, an individual should meet the following minimal requirements:
Bachelor's degree in Supply Chain or Operations
7+ years of relatable experience in demand planning, including use of demand planning software. Capable in data management and analysis in Excel through practical experience using Excel to create and manage planning data.
Able to work collaboratively with cross functional partners and lead initiatives as required
Proficient in demand planning methodologies, statistical analysis, and forecasting techniques
Excellent analytical and mathematical skills
Knowledge with demand planning tools
Experience with project management/leadership
Inventory Management proficiency
What Can We Give You?
At The Toro Company, we are always working to make sure our employees know just how valued they are. In addition to a competitive salary, an affordable and top tier medical/dental/vision plan, 401k, and many other great benefits
- The Toro company offers employees at our Bloomington, MN HQ location a variety of perks, including:
Dress for your day
Location
Food
Wellness
Volunteerism
Summer Hours
Flexible Work Arrangements
Competitive Salary
We are proud to be an Equal Opportunity Employer and consider qualified applicants without regard to race, color, religion, sex (including pregnancy and related needs and conditions, gender identity, and sexual orientation), parental status, national origin, age, disability, genetic information (including family medical history), political affiliation, military service, or other non-merit based factors. We celebrate diversity and are committed to creating an inclusive environment for all employees.
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Toro Company