McCormick & Company

DEMAND PLANNER

McCormick & Company$74K — $130K *
Food & Beverages
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in Business Administration, Engineering, Finance, Supply Chain, or related field.
  • 2-4 years of demand planning experience.
  • Experience with statistical forecasting and Demand Planning systems.
  • Knowledge of SAP, MS-Office, and ERP systems.
  • Preferably holds experience in Consumer Packaged Goods (CPG).
  • Strong analytical and problem-solving skills.

Responsibilities

  • Maintain historical baseline data and determine best-fit statistical models for SKUs.
  • Track and maintain demand KPIs to identify root causes for corrective actions.
  • Communicate downstream impacts of material plan changes.
  • Conduct Forecast Value-Add analysis and implement findings.
  • Troubleshoot complex IT-related system issues and develop forecast scenarios.
  • Support Pre-Commercial Review and Integrated Business Planning processes.

Benefits

  • Comprehensive health plans including medical, vision, dental, life, and disability benefits.
  • Family-friendly benefits including paid parental leave and caregiver support.
  • 401(k) retirement plans with profit-sharing opportunities.
  • Flexible work arrangements to support diverse life stages.
  • Strong focus on career growth opportunities.
Full Job Description
We are looking to hire an Demand Planner immediately in a Hybrid (50/50) capacity at our Global Headquarters in Hunt Valley, Maryland.

What We Bring To The Table:

The best people deserve the best rewards. In addition to the benefits you'd expect from a global leader (401k, health insurance, paid time off, etc.) we also offer:
• Competitive compensation
• Career growth opportunities
• Flexibility and Support for Diverse Life Stages and Choices

Position Summary:

The Demand Planner executes the demand forecasting strategy for a low-volume and low complexity portfolio, accountable for <$500+ million of annual sales revenue. This role requires analytical mastery and proven experience with statistical modeling. The Demand Planner also requires strong communication skills and the ability to explain complex algorithms to cross-functional business partners. The position helps support the monthly Pre-Commercial Review/Consensus process within the IBP framework by owning the baseline statistical forecast. This role also supports Product Life Cycle management through supply chain forecasting, error detection and resolution. By providing accurate baseline forecasts and reducing forecast bias, this position enables McCormick to deliver predictable financial results and ensure cost, service and working capital goals are met.

Key Responsibilities:
  • Maintains historical baseline data and trends, determines best-fit statistical models for each SKU, and cleanses historical data to remove anomalies where applicable.
  • Tracks and maintains demand KPIs (Forecast Accuracy and Forecast Bias) to determine appropriate root cause corrective action next steps.
  • Communication of downstream impacts of material plan changes (short-term).
  • Forecast Value-Add (FVA) analysis and implementation
  • Trouble shoots large, complex system problems with IT and GBS; develops forecast scenarios with assumptions.
  • Support role in IBP and S&OE processes (Pre-PCR, PCR and PSRs)


Qualifications:
  • Bachelor's degree in Business Administration, Engineering, Finance, Supply Chain, or related field of study.
  • 2-4 years of planning experience with a strong understanding of demand planning processes.
  • Experience in (statistical) forecasting and knowledge of Demand Planning systems and complex algorithms.
  • SAP, MS-Office tools, ERP packages and other relevant IT systems knowledge with focus on planning and forecasting.
  • CPG Experience preferred.
  • Strong communication and presentation skills.
  • Excellent time management and prioritization skills.
  • Excellent attention to detail.
  • Curiosity (experience diagnosing RCCA).
  • Excellent analytical skills.
  • Ability to analyze complex and disparate data sources down to incorporate key insights.
  • Proven problem-solving and critical thinking skills.
  • Proficiency with MS Excel, Power Point, Word, ERP (ex: SAP), ECC, APO, IBP and forecasting tools required.
  • Power BI and Power Automate proficiency preferred


As a general policy, McCormick does not offer employment visa sponsorships upon hire or in the future.

#LI-VR1

Base Salary: $74,330 - $130,080

Base salary compensation will be determined based on factors such as geographic location, skills, education, experience for this role, and/or internal equity of our current employees as part of any final offer. This position is also eligible to participate in McCormick's Incentive Bonus (MIB) Plan. In addition to a competitive compensation package, permanent employees of McCormick are eligible for our extensive Total Rewards programs that include:

- Comprehensive health plans covering medical, vision, dental, life and disability benefits

- Family-friendly benefits such as paid parental leave, fertility benefits, Employee Assistance Program, and caregiver support

- Retirement and investment programs including 401(k) and profit-sharing plans

About McCormick & Company

McCormick & Company is a global leader in the manufacture, marketing, and distribution of spices, seasoning mixes, condiments, and other flavor products. The company was founded in 1889 and is headquartered in Sparks, Maryland. McCormick & Company operates in over 150 countries and has a portfolio of well-known brands including McCormick, Lawry's, and Old Bay. The company is committed to sustainability and has implemented a number of initiatives to reduce its environmental impact. McCormick & Company has received numerous awards for its commitment to sustainability and has been recognized as one of the best places to work in the United States.
Learn more about McCormick & Company
Size
14,000 employees
Market Cap
$22.6 billion
Industry
Net Income
$747.4 million
Founded
1889
5 Year Trend
+7.4%
Revenue
$5.6 billion
NASDAQ

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