Integrated Business Planning (IBP) and Demand Forecasting Analyst

Posted 6 Days Ago
Durham, NC, USA
In-Office
Mid level
Semiconductor • Manufacturing
The Role
Leads consensus-based demand forecasting and Integrated Business Planning for assigned product lines. Collaborates with Sales, Marketing, Finance, Operations, Distribution, and Business Units to reconcile demand, manufacturing, inventory, and financial objectives. Analyzes forecast accuracy, attainment, backlog, buffer stock, and market performance; presents demand plans in S&OP meetings; communicates risks and opportunities; and drives continuous improvements using statistical forecasting, data visualization, and supply chain best practices.
Summary Generated by Built In

Integrated Business Planning (IBP) and Demand Forecasting Analyst

At Wolfspeed, we do amazing things in a human way.

We know that the achievements of our organization are due to the passion, hard work and creativity of our employees. We celebrate different perspectives to foster excellence across our organization, and our goal is to make diversity a foundation of what we do. We are proudly building an environment where you can bring your authentic self to work.

  • Enjoy doing things that people say can’t be done? Innovation is at the center of everything we do.
  • Hate red tape? We remove roadblocks instead of creating them.
  • Working parent? We provide childcare assistance and paid parental leave.
  • Student? We offer continuing education assistance.
  • Looking for community? There are many ways to get involved, from Employee Resource Groups to local outreach.

Here’s the Gist:

Wolfspeed is looking for a Demand Forecasting Analyst to join our team. The Demand Forecasting Analyst will report to the Director, Demand Management and S&OP Transformation and will be responsible for leading all aspects of Demand Management, including consensus-based monthly demand forecasting process for assigned product lines, encompassing data gathering, analytics, forecasting, and reconciliation of variances. The Demand Forecasting Analyst will work closely with internal stakeholders to reconcile the demand plan with operational, financial, and inventory objectives.  They will also be responsible for driving and/or collaborating with other partners on buffer planning, inventory management, lead times and allocations for product lines they manage.  This role is a critical bridge between business and operations.

The Day-to-Day:

  • Collaborate with Sales, Marketing, Business Unit leaders, Finance, and the Distribution teams to develop and own all aspects of a consensus demand forecast
  • Ownership for working with Sales Operations and Business Unit to prepare and present BU Demand in monthly BU Demand Meeting in support of S&OP cycle.
  • Reconcile the operational plan with sales, business strategy, manufacturing, and financial objectives
  • Proactively communicate significant changes in demand throughout the organization including key assumptions, risks and opportunities
  • Develop strong relationships with Sales, Distribution management, Operations, Finance, Product Line Management, and Marketing to enable success
  • Influence cross-functional team to promote optimal business decisions through data-driven insights and effective communication
  • Operate as a strategic thought leader/change agent, working collaboratively with various functions on priority initiatives that improve forecast accuracy, optimize inventories, and provide superior service to internal business partners and external customers
  • Drive continuous improvements across the Demand Management organization utilizing industry best practices and innovative methodologies
  • Manage Metrics to drive improvements: Forecasting accuracy, Forecast Attainment, Revenue attainment, Backlog disconnect reductions for BU and Buffer stock strategy,
  • Support strategic planning initiatives including Annual Operations Plan, Long Range Plan and market share performance.
  • Work with IT, Program team and team members on Continuous Improvement efforts in IBP and on the overall S&OP process for the organization.

This Job is Right for You if You Have (Minimum Requirements):

  • US Citizen
  • Bachelor’s degree in Business Management, Supply Chain Management, Operations Management, Statistics, Mathematics, Data Science, Industrial Engineering, Finance or a related field
  • Minimum 3 years of Business analytics and Forecasting experience.
  • Strong analytical skills and experience, with advanced knowledge and proficiency in Microsoft Excel and working knowledge of data warehouse/business intelligence software tools (Tableau, Power BI or relevant data visualization tools)
  • Strong SAP IBP skills
  • Statistical Forecast development and analysis
  • Demonstrated ability to translate data sets into meaningful insights to influence optimal decisions with cross-functional partners
  • Experience with forecast methods and modeling.
  • Experience presenting a demand forecast to management in an S&OP environment
  • Experience creating charts, graphs and meaningful presentations to communicate demand changes, risk and opportunities for optimal decision making.
  • Experience with driving Forecast Accuracy improvements
  • Ability to communicate complex information to various levels of organization
  • Highly collaborative with an affinity for creative problem-solving solutions

Preferred Skills & Certifications:

  • APICS, Integrated Business Planning (IBP), Certified Professional Forecaster (CPF) certification preferred
  • Demonstrated strong business acumen and end-to-end supply chain knowledge
  • Working knowledge: SAP or other Enterprise Resource Planning software
  • Working knowledge of SAP IBP Demand Planning is a strong preference
  • Advanced knowledge: Tableau, Excel, Power BI or Relevant Data Visualization software.

This role may require additional duties and/or assignments as designated by management.

To put it legally – Wolfspeed is an equal opportunity employer.

We recruit, employ, train, compensate and promote regardless of race, sex, religion, color, national origin, disability, age, veteran status, gender identity, sexual orientation and other protected status as required by law.

We are an equal opportunity employer and all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, national origin, disability status, protected veteran status, or any other characteristic protected by law.

Skills Required

  • US citizenship
  • Bachelor’s degree in Business Management, Supply Chain Management, Operations Management, Statistics, Mathematics, Data Science, Industrial Engineering, Finance, or a related field
  • At least 3 years of business analytics and forecasting experience
  • Advanced Microsoft Excel proficiency
  • Working knowledge of data warehouse or business intelligence tools such as Tableau or Power BI
  • Strong SAP IBP skills
  • Statistical forecast development and analysis experience
  • Experience with forecasting methods and modeling
  • Experience presenting demand forecasts to management in an S&OP environment
  • Experience creating charts, graphs, and presentations to communicate demand changes, risks, and opportunities
  • Experience improving forecast accuracy
  • Ability to communicate complex information across organizational levels
  • Collaborative and creative problem-solving ability
  • APICS certification
  • Integrated Business Planning certification
  • Certified Professional Forecaster certification
  • End-to-end supply chain knowledge and strong business acumen
  • Working knowledge of SAP or other ERP software
  • Working knowledge of SAP IBP Demand Planning
  • Advanced Tableau, Excel, Power BI, or related data visualization software knowledge

Cree Compensation & Benefits Highlights

The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Cree and has not been reviewed or approved by Cree.

  • Fair & Transparent Compensation Pay is often described as fair or decent in technician and operator roles. Compensation in some project management and security supervision roles is characterized as good.
  • Healthcare Strength Benefits include medical, dental, and vision coverage with HSA, FSA, and HRA options, plus EAP support. Wellness resources are highlighted alongside core health plans.
  • Parental & Family Support The package includes six weeks of paid parental leave and adoption assistance. Leave applies to new birth, adoption, and foster placement.

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The Company
HQ: Racine, WI
2,773 Employees
Year Founded: 1987

What We Do

Cree | Wolfspeed is the global leader in silicon carbide technology and production, leading the worldwide transition from silicon to silicon carbide. Our product portfolio provides disruptive technology solutions that support a more efficient, sustainable future including electric vehicles, fast charging, 5G, power supplies, renewable energy and storage, as well as aerospace and defense. Our people are dedicated to driving a significant shift in the technology sector and creating a global semiconductor powerhouse. For additional product and Company information, visit www.cree.com.

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