Comfort starts with our 10,000+ team members across the globe, who are transforming the power of comfort every day. Our employees have the power to change lives, in our homes, work and communities. We foster an inclusive environment while honoring a legacy built on family, where everyone can be themselves.
If you are ready to join an industry leading organization where our people are the most important asset, and innovation propels us into the future, you’re ready to take your seat at La-Z-Boy Incorporated.
WE BELIEVE IN THE TRANSFORMATIONAL POWER OF COMFORT
Job Summary:
Manages demand forecast for subsection of La-Z-Boy business. Generates statistical forecasts weekly based on Point-of-Sale data, incorporating promotional and merchandising plans. Designs and standardizes processes in accordance with industry best practices.
Job Description:
KEY RESPONSIBILITIES:
- Generates rolling 12-month statistical baseline forecasts weekly at the SKU-Location level based on point-of-sale data. Adjusts forecasts based on marketing intelligence and promotional plans. Identify trends and adjust. Analyzes outliers, following up with Retail Sales, Marketing, and Merchandising to understand root causes.
- Manages two large Retail Merchandising changes each year creating forecast that integrates in cannibalization of existing products, discontinuations, and new product offerings.
- Provides unconstrained demand plan to inventory team that is used to generate weekly replenishment orders. Collaborates on generating the inventory replenishment plan with the inventory team.
- Measures forecast error using standard MAPE, APE, and bias. Uses these error calculations to determine potential steps for improving and prioritizing intel to most critical for forecast accuracy. Understands financial impacts of forecast errors and is able to quantify errors for senior leadership.
- Acts as the liaison between Retail planning and Operations teams. Communicates demand plans with the broader operations team. Understands impacts of Retail Merchandising plans on manufacturing plants and purchasing teams.
- Maintains master data for planning parameters within the system. Understands how the various control flags for each item effect forecasting and replenishment planning. Troubleshoots technical issues with IT department.
SCOPE & IMPACT:
This position is responsible for forecasting the demand for our products and handing over the forecast to our supply planning team. The forecast developed is the first step in the IBP (Integrated Business Planning) process that the La-Z-Boy organization uses for overall alignment.
MINIMUM REQUIREMENTS:
- Bachelor’s degree in supply chain, Economics, Business or related field, with 6-8 years of relevant work experience
- 4+ years Demand Planning Experience
- Computer skills: Excel, PowerPoint,
- Up to 25% Travel.
PREFERRED REQUIREMENTS:
- CPIM or CPF (IBF) Certification
- Certified Professional Forecaster (CPF) - (Institute of Business Forecasting & Planning (IBF))
- Background in Statistics or Retail Planning
SUPERVISORY RESPONSIBILITIES: None
PHYSICAL DEMANDS/WORK ENVIRONMENT:Office environment/no specific or unusual physical or environmental demands. OTHER DUTIES: Please note this job description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of the incumbent for this job. Duties, responsibilities and activities may change at any time with or without notice.
Weekly Hours:
40
Work Shift:
At La-Z-Boy Incorporated, we're an equal opportunity employer. We understand that our employees’ diverse backgrounds, experiences, perspectives, and viewpoints add value to our ability to create and deliver the best possible service, quality products, and is of upmost importance as we work together to build comfort. All applicants will be considered for employment without attention to race, color, religion, sex, sexual orientation, gender identity, national origin, veteran or disability status.We are committed to fostering an environment in which all employees feel valued, included, and empowered to do their best work and bring great ideas to the table. If you are a qualified individual that may need a change or adjustment to the application/interviewing/hiring process as a result of your disability, you may request a reasonable accommodations by emailing our recruiting team at [email protected] or by calling 734-242-1444.
Top Skills
What We Do
La-Z-Boy Incorporated brings the transformational power of comfort to people, homes, and communities around the world—a mission that began when our founders invented the iconic recliner in 1927. Today, we operate as a vertically integrated furniture manufacturer and retailer, committed to uncompromising quality and compassion for our consumers.
Our Retail segment consists of 184 company-owned La-Z-Boy Furniture Galleries® stores and is part of a broader network of over 350 La-Z-Boy Furniture Galleries®, serving customers nationwide when coupled with La-Z-Boy.com. Joybird®, an ecommerce retailer and manufacturer of modern upholstered furniture, has 12 stores in the U.S. In our Wholesale segment, we manufacture comfortable, custom furniture for our Furniture Galleries® and a variety of retail channels: England Furniture Co., which offers custom upholstered furniture, and casegoods brands Kincaid®, American Drew®, and Hammary®, which provide pieces that make every room feel like home.
The La-Z-Boy Incorporated state-of-the-art, LEED-certified world headquarters is located in Monroe, Michigan. This location along with our Innovation Center in Dayton, Tennessee, and all our North American manufacturing locations all represent our commitment to the environment—we integrate sustainable business practices to reduce the impact of our operations.
Being a great employer isn’t limited to our sustainability or record-breaking safety performance; it also means being a good corporate citizen. In FY 2023, La-Z-Boy Incorporated and the La-Z-Boy Foundation granted more than $3 million to non-profit organizations through monetary and in-kind donations. Our signature partnership with Ronald McDonald House Charities® (RMHC®) helps give families a comfortable home away from home while their children receive much-needed medical care, as we’ve donated more than 15,000 pieces of furniture to RMHC® homes.
Join our team to impact the world through comfort.
