At TTi, people come for the opportunity and stay for the culture!
Job Description Summary
Position: Demand Planning Manager
Location: Toronto Head Office
Department: Operations
Reports To: Senior Manager, Supply Chain & Improvements
Level: L4
Job Description:
TTI is a world-class leader in design, manufacturing, and marketing of power tools, outdoor power equipment, and floorcare products, as well as hand tools and accessories. Our brands and products are recognized worldwide for their deep heritage, superior quality, outstanding performance, and compelling innovation. Our customers have access to leading brands such as Milwaukee®, RYOBI®, and Hoover®.
Location: Toronto Head Office (3381 Steeles Ave East)
Position Description
The Demand Planning Manager is responsible for developing and executing demand planning strategies to help meet customer needs across our product range while maintaining forecast accuracy and optimal inventory levels to support sales and operational plans. They will lead process improvements across the team while working closely with Sales, Channel, Product, Finance, and our US partners. There will be an emphasis on promotional and new product activity as well as managing risks and challenges as they arise.
What You Will Do
- Lead the development of the budget with Sales, Product, Channel and Finance teams.
- Implement and optimize demand planning tools and methodologies to improve forecasting accuracy.
- Monitor shipment forecasts and align on monthly sales calls with Sales and Finance, identify any risks to the forecast and its impact to Sales
- Analyze demand patterns, inventory levels to adjust forecasts and improve forecast accuracy.
- Collaborate closely with Sales and Channel to align forecasts for promotional events to ensure inventory availability, determine if there are any potential risks and help develop mitigation strategies.
- Prepare and present demand forecasts and risks to senior management and cross-functional stakeholders.
- Regularly review forecast changes with the US Supply team and drive solutions to minimize E&O, potential lost sales, or customer service level risk.
- Generate and present reports related to supply chain metrics including in stocks, forecast accuracy and inventory.
- Mentor and develop a team of demand planners, fostering a culture of collaboration and accountability.
What You Will Bring
- Post-Secondary degree in Business or a related discipline.
- 5+ years of experience in demand planning, forecasting, or supply chain management, preferably in the consumer goods or manufacturing sector.
- Strong analytical skills with proficiency in demand planning software and tools (e.g., SAP, Oracle, PowerBI) and the ability to manipulate and analyze large amounts of data quickly through Excel.
- Proven ability to manage multiple projects and meet deadlines in a fast-paced environment.
- Excellent communication and interpersonal skills to collaborate with various teams.
What You Will Get
- Competitive base salary and bonus structure
- Health Benefits Coverage, including $500 annual Wellness Program
- Registered Retirement Savings Plan with Employer Matching Contributions
- Paid time of and employee discount programs
- Employee recognition and incentive programs, plus award-winning culture!
About TTI Canada
TTI is where culture meets opportunity. We are fast paced, our team is highly energetic, and we reward innovative thinking. We provide a multifaceted training program and hands-on field experience that will stimulate, challenge, and reward you! TTI is a place to explore your potential, where wins are celebrated, and leaders are visible and accessible.
Diversity, equity, and inclusion are at the core of our values at TTI. Because of our commitment to a multicultural and inclusive workplace, our people are our competitive advantage. We foster an inclusive environment where diversity is valued and where all employees feel safe to contribute their ideas, share their experiences, and represent their diverse backgrounds to innovate and solve complex problems as one team. We actively support and accommodate the diverse needs of our team, creating an empowering space where everyone can thrive.
Top Skills
What We Do
Techtronic Industries Company Limited (the “Company”, the “Group” or “TTI”) is a fast-growing world leader in Power Tools, Accessories, Hand Tools, Outdoor Power Equipment, and Floorcare & Cleaning for Do-It-Yourself (DIY)/Consumer, professional and industrial users in the home improvement, repair, maintenance, construction and infrastructure industries. The Company is committed to accelerating the transformation of these industries through superior environmentally friendly cordless technology. The TTI brands like MILWAUKEE, RYOBI, and HOOVER are recognized worldwide for their deep heritage and cordless product platforms of superior quality, outstanding performance, safety, productivity, and compelling innovation.
Founded in 1985 and listed on the Stock Exchange of Hong Kong (“SEHK”) in 1990, TTI is included in the Hang Seng Index as one of their constituent stocks. The Company maintains a powerful brand portfolio, global manufacturing and product development footprint, healthy financial position with record 2023 worldwide sales of US$13.7 billion and over 47,000 employees.
