Role Overview
This role contributes to demand planning team by creating a 12-month demand plan, integrating market trends, and collaborating with sales, marketing, and finance teams to align forecasts with business targets. Key responsibilities include analyzing sales data, monitoring KPIs, refining forecasting processes, and overseeing SKU-level forecasts and inventory management strategies. The position also involves driving cross-functional collaboration on distribution, manufacturing, and sourcing initiatives, identifying performance variances, and implementing improvements. Additionally, the role focuses on enhancing forecasting tools, automating processes, and providing regular reports and insights to senior leadership.
Key Responsibilities
- Contribute to the creation and maintenance of a 12-month rolling forecast at the SKU & channel level.
- Develop and implement demand planning strategies and best practices across the organization.
- Adopt a culture of data-driven decision making.
- Incorporate market trends, promotional activities, seasonal fluctuations, and economic factors into forecasts.
- Conduct bi-monthly forecast reviews with sales, marketing, and finance teams to achieve consensus on demand expectations & financial targets.
- Monitor key performance indicators (KPIs) related to demand planning accuracy, inventory levels, slow moving inventory, SKU Tiers, safety stock & inventory turns.
- Develop comprehensive reports and presentations to communicate demand insights to senior leadership.
- Implement new tools and technologies to enhance forecasting capabilities and efficiency.
- Identify opportunities for automation and streamline data collection.
- Strategically partner with cross-functional leaders on key distribution, sourcing projects, compliance and sales initiatives.
- Collaborate with cross-functional leaders to provide insights on warehouse stocking strategies and respective controls.
- Determine root causes of performance variances and lead the resolution process.
- Track KPIs to address issues/gaps including constructive challenging of the sales and operations teams as needed to drive accountability.
- Create monthly reporting to review with leadership on SKU performance, monthly purchase amounts, under/over selling product, and identify trends.
Performance Measurement
- Forecast Accuracy Targets
- Inventory Turn Targets
- Slow Moving Inventory
- Reporting and monthly alignment meetings
Benefits:
- HSA Eligible Health Plan
- Dental w/ orthodontics
- Vision Plan
- Basic Life insurance
- Short-term Disability Insurance-Voluntary
- Long-term Disability Insurance
- Company-matched 401K
- Free daily gourmet lunch provided by our company chef
- Paid maternity and paternity leave
- Onsite fitness center
- Onsite monthly hair/salon appointment
- Product discounts
- Learn more at www.maloufcompanies.com
What We Do
We are lifestyle and wellness experts. Our core business is home furnishings, but we’ve grown into six key categories (consumer products, services, technology, retail, logistics, and venture) through a suite of nationally recognized brands and powerful partnerships.
Since 2019, we have proudly been a Certified B Corporation®. We meet the highest standards of verified social and environmental performance, transparency, and accountability.
As a company, we’re concerned not only with revenue, but also with our corporate social responsibility for society, workers, the community, and the environment. We’ve got a triple bottom line: planet, people, profits.
Every day, we focus on making accessible items that excite consumers—and making a difference.
