Demand Planner

Reposted 16 Days Ago
Paramus, NJ
In-Office
80K-95K Annually
Mid level
Fashion • Wearables
The Role
The Demand Planner at Movado Group oversees global forecasting processes, manages analytics, tracks purchase orders, and collaborates with sales teams and brand leaders to optimize demand planning.
Summary Generated by Built In
At Movado Group, we are committed to building the strongest brands in the industry and we are passionate about what we do. Our people are fueled by a creative spirit and a drive for excellence that are reflected in every aspect of our business. We offer the watch industry a compelling strategic vision and track record of sustained growth and we offer our employees unparalleled opportunities for career advancement. We invite you to come share in our success. Our people are the cornerstone of business – we invite you to grow your career with us.
The Demand Planner will support two of our brands in all forecasting responsibilities. The role will manage the brand team’s global forecasting process while responsibility for the final forecast rests with the brand leaders. The Demand Planner will provide forecasts, analytics and support to help all parties make educated decisions regarding the final forecast and the forecasting process. The Demand Planner will organize the monthly forecasting cycle, Life Cycle Management process and facilitate the monthly S&OP process.

Roles & Responsibilities:

  • Prepare the first pass of the forecast for all forecasts levels (where agreed to) in a particular brand by using either, a statistical method from our Demand Planning tool or a manually developed forecast.
  • Execute the forecast in collaboration with the regions for all new products.
  • Verify and ensure that the forecast is maintained monthly for a 9-month forecast to 18 Months to include new products, product launches and placeholders. This includes the expected line plan out to 15 to 18 months depending on the brand.  
  • Responsible for ABC code/lifecycle management, including providing support data to the brand team for decision making and executing on those decisions made with MDM.
  • Develop relationships with our wholesale customers to help improve the overall forecasts to include on-site visits where relevant and communicating phase out decision to the supply chain planning team.
  • Interact will the brand, sales-force, account managers concerning updates to the forecast.
  • Interact with the brand leaders and the sales teams to resolve issues and conflicts regarding the forecasts.
  • Collaborate closely with Global Intercompany Logistics Planning counterpart to reflect supply changes / issues appropriately in the demand plan.
  • Manage the S&OP meeting process.
  • Organize the monthly forecasting cycle for all the primary forecasters detailing out deadlines, expectations and rules that must be followed.
  • Validate the forecast against the budget, to come to an approved SKU forecast for loading into SAP.
  • Analyze the selling performance report to identify trends and issues within the forecast that can be used by the brand leaders, sales teams, and where appropriate other teams in the organizations.
  • Analyze the demand forecast to insure that the forecast meets the organization footprint according to product mix, core SKUs mix to new product launch, phase out products, budget, line plan, forecast level, market and minimum order quantities.
  • Measure and track all KPI’s including selling performance reporting, consumer performance reports, and inventory projects, inventory turns, inventory days of supply.

Requirements:

  • Minimum of 4 years of related experience in a similar position
  • Bachelor's degree in business or related field
  • Knowledge of supply & demand principles and forecasting & demand planning techniques
  • Understanding of channels of trade and the differences between the retail and wholesale business
  • Knowledge of procurement process
  • Strong analytical decision making skills required
  • Results-oriented
  • High energy and strong work ethic
  • Influence and negotiation skills
  • High degree of customer focus
  • Focus on team / relationship building
  • Focus on integrity / ethics
  • Ability to work in a collaborative planning environment
  • Comfortable in a diverse global planning environment
  • SAP skills required
  • Knowledgeable of SAP.Knowledgeable of SAP’s IBP (Integrated business planning)
The base salary range for this position is $80,000 to $95,000 per year. Base salary is determined by individualized factors such as experience and market location. Depending on company and individual performance, this position also may be eligible for an annual bonus.As a benefit eligible position, this role enjoys access to our medical plans, dental plans, vision plan, Life Insurance, Accidental Dismemberment & Death Insurance, Tuition Reimbursement program, 401(k), Short-Term Disability, Long-Term Disability, Parental Leave, Legal Plan, Employee Assistance Program, Pet Insurance, Flexible Spending Account, Critical Illness Insurance, Watch Accommodations/Discounts, Paid Time Off and Company Paid Holidays!Benefits described above are subject to change and/or may be modified at the Company's discretion based on business needs or applicable laws.

DIRECT APPLICANTS ONLY - NO AGENCIES

Movado Group, Inc. designs, sources, and distributes MOVADO®, MVMT®, OLIVIA BURTON®, EBEL®, CONCORD®, COACH®, TOMMY HILFIGER®, HUGO BOSS®, LACOSTE®, and CALVIN KLEIN® watches worldwide, and operates Movado company stores in the United States.

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Movado Group, Inc. is an equal opportunity employer. It prohibits discrimination based on age, color, disability, marital or parental status, national origin, race, religion, sex, sexual orientation, gender identity, veteran status or any other legally protected status in accordance with applicable federal, state and local laws.

Top Skills

Integrated Business Planning (Ibp)
SAP
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The Company
Paramus, New Jersey
1,580 Employees

What We Do

Movado Group, a global leader in the watch industry, champions precision, innovation, and artistry. With a celebrated portfolio including Movado, EBEL, Concord, Olivia Burton, MVMT, Coach Watches, HUGO BOSS Watches, Lacoste Watches, Tommy Hilfiger Watches, and Calvin Klein Watches, we craft not only timepieces but also a variety of jewelry and fashion accessories.

Our vibrant culture offers expansive career opportunities within an environment where sustainable growth is intertwined with a passion for the arts. Employees across the globe contribute to and grow with a company that values hands-on experience and professional development.

Strategically positioned with offices and manufacturing facilities worldwide, and over 70 retail locations, Movado Group embraces the future with a commitment to excellence. We believe every second is an opportunity to advance, innovate, and weave creativity into the fabric of our already rich legacy.

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