Hubbell Inc

Demand Planner

Hubbell Inc$80K — $95K *
Retail & Consumer Goods
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's Degree in related field or Business required; Master's Degree preferred
  • Minimum 3 years' experience in Demand Planning
  • Strong proficiency in SAP and IBP Demand Planning tools
  • In-depth understanding of supply chain operations
  • Familiarity with statistics and forecasting methodologies
  • Excellent analytical and creative thinking skills
  • Effective presentation and interpersonal skills

Responsibilities

  • Analyze and update finished goods forecasts in SAP and IBP
  • Lead monthly Demand Forecast Consensus meetings with marketing and sales
  • Monitor and adjust planning parameters based on market changes
  • Develop forecasts for new product lines in collaboration with marketing
  • Coordinate phase-out plans for discontinued products
  • Review and minimize excess and obsolete inventory monthly
  • Maintain material master data via reports and SAP variants

Benefits

  • Opportunity for professional development and growth
  • Engagement with a dynamic and innovative team
  • Potential for collaboration with cross-functional departments
  • Exposure to various aspects of supply chain management
  • Work in an essential industry supporting infrastructure management
Full Job Description
Job Overview

Reporting to the RTW Planning Manager, develop and monitor finished goods forecasts trends/planning policies in IBP and SAP. Utilizing the SAP IBP Demand Planning & Inventory Optimization tools, this position drives the company cash flow, inventory days on hand and service goals.

A Day In The Life
• Analyze assigned finished goods priorities/exceptions & update SAP and/or IBP Demand Planning in accordance stocking reviews (MTS vs MTO), forecast reviews utilizing forecast accuracy measures & safety stock min-max levels and/or IO safety stock values.
• Coordinate & lead Demand Forecast Consensus monthly meeting with Product Marketing & Sales to align and drive a 12-month future forecast in IBP Demand Planning and SAP.
• Monitor and modify planning parameters as changes in business and/or market dictate.
• Develop new material forecast and stocking plan from NPD (New Product Development) projects. Align with Product Marketing to ensure plan meets NPD project expectations.
• Coordinate & develop the materials' phase out plan from line deletions produced from Product Marketing.
• Analyze the recast of ABC codes 2 times per the calendar year.
• Minimize excess & obsolete inventory with monthly reviews with Product Marketing.
• Material master maintenance via PBI reports and/or SAP variants, update via MASS change or Process Runner Scripts.
• Support and review IPR submissions with product management.
• IBP I/O analysis of safety stock, coverage profile and/or ROP values.
• Perform additional tasks as assigned by the RTW Planning Manager.

What will help you thrive in this role?
• SAP, MS office including Intermediate MS Excel and Access type user, and Power BI or other reporting tools. Integrated Business Planning (IBP) Demand Planning - forecasting software.
• Minimum of 3 years' experience in Demand Planning.
• Supply chain knowledge - a demand planner with an in-depth understanding of the supply chain and how it functions.
• Familiarity with statistics - a solid understanding of applied math and the statistical software programs used to create forecasts.
• Analytical thinking - an ability to analyze and use critical thinking skills on a regular basis is key.
• Creative thinking - the ability to think outside of the box and devise creative solutions to various problems.
• Presentation skills - even though much of a demand planner's work focuses on forecasting, analyzing, and tracking, they must also explain to others why they recommend certain moves.
• Interpersonal skills - although demand planners complete a significant amount of their work independently, they must also interact with others who affect the forecasting process.
• This position requires a detailed oriented individual who can rationalize data to confidently make decisions quickly.

Education
• Bachelor's Degree in related field or Business required
• Master's Degree in related field or Business preferred
• APICS certification preferred

Relevant Industries
• Manufacturing Sector
• Electrical Product Industry

Hubbell Electrical Solutions

Hubbell Electrical Solutions (HES) are essential to managing power across a wide range of industries and applications. HES provides the critical components that allow operators of buildings, factories and other industrial infrastructure to connect, protect, wire and manage power.

The above summary of position responsibilities and requirements is not intended, and should not be construed, to be an exhaustive list of duties, skills, efforts, physical requirements, or working conditions associated with the position. It is intended to be an accurate reflection of those principal position elements essential for making decisions related to position performance, employee development, and compensation.

About Hubbell Inc

Hubbell Incorporated is an American company that designs, manufactures, and sells electrical and electronic products for non-residential and residential construction, industrial, and utility applications. Hubbell was founded by Harvey Hubbell as a proprietorship in 1888, and was incorporated in Connecticut in 1905. It is ranked 602 by Fortune. The company’s reporting segments consist of the electrical segment and the Power segment. Hubbell’s manufacturing facilities are located in the United States, Canada, Switzerland, Puerto Rico, Mexico, the People's Republic of China, Italy, the United Kingdom, Brazil and Australia and maintains sales offices in Singapore, China, India, Mexico, South Korea, and countries in the Middle East. Hubbell was previously headquartered in Orange, Connecticut, and has now moved its headquarters to Shelton, Connecticut. Hubbell Inc. assisted Allied efforts during World War II by manufacturing military vehicle electrical circuits, battery-charging systems for M4 Sherman tanks, power jacks for test meters, vacuum tube sockets for radio communications, and a line of electrical and electronic connectors for aircraft. Hubbell Inc. is in List of S&P 400 companies having stocks that are included in the S&P 400 stock market index, maintained by S&P Dow Jones Indices.
Learn more about Hubbell Inc
Size
18,300 employees
Market Cap
$12.6 billion
Industry
Net Income
$351.2 million
Founded
1888
5 Year Trend
+3.7%
Revenue
$4.1 billion
NASDAQ

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