Forecast Planning Manager jobs in Illinois

Forecast Planning Manager manages the organization's forecast planning function using inventory levels, production speed, and product demand to estimate output. Gathers and evaluates data to develop solutions for increasing production. Being a Forecast Planning Manager may work with vendors, customers, and other departments within the organization to determine optimal inventory levels. May require a bachelor's degree. Additionally, Forecast Planning Manager typically reports to a director or head of a unit/department. The Forecast Planning Manager manages subordinate staff in the day-to-day performance of their jobs. True first level manager. Ensures that project/department milestones/goals are met and adhering to approved budgets. Has full authority for personnel actions. To be a Forecast Planning Manager typically requires 5 years experience in the related area as an individual contributor. 1 - 3 years supervisory experience may be required. Extensive knowledge of the function and department processes. (Copyright 2024 Salary.com)

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Inventory Planning/Forecast Analyst | Key Accounts
  • Chervon North America, Inc
  • Naperville, IL FULL_TIME
  • Chervon is one of the world’s largest power tool and lawn and garden equipment manufacturers with a rich history of innovation. Chervon’s commitment to build a better world by building better tools is evident in the products we manufacture and our green approach to manufacturing. We focus on hand-held portable power tools, stationary bench tools, laser and electronic equipment and outdoor power equipment. With world-class R&D, manufacturing, design, marketing, sales, and service teams throughout the world, we do it all.

    Job Summary

    The Inventory Planning/Forecast Analyst is responsible for developing and implementing strategies that maximize sales and inventory productivity and maintains the appropriate in-stock positions and manages inventory in the most effective manner across all stores, distribution centers and SKUs for our larger retail key accounts. The Inventory Planning/Forecast Analyst will work cross-functionally with internal teams to accomplish team goals and to improve inventory productivity. The Analyst creates accurate forecasts to support established financial goals; develops the inventory and replenishment strategies; manages parameters for each assigned product line to execute the replenishment strategies; and achieves target in-stock levels and planned inventory turns.

    Duties & Responsibilities

    Inventory Planning & Forecasting

    • Provide forecast and pro forma projections working with Key Account Managers;
    • Provide accurate in-stock reporting on a weekly basis;
    • Review suggested orders with factory and reconcile to forecasts;
    • Inform and work closely with entire Operations team on current and future orders;
    • Provide weekly sales/operations dashboard reporting including reviews and comments;
    • Work collaboratively with the assigned retail accounts on forecasts and shipment flow planning.

    Direct Flow Management

    • Own and represent the complete 52-week Sales/Inventory forecast and goals;
    • Accountable for stores and regional distribution centers (RDCs) to manage complete supply chain;
    • Work with factory/operations teams to ensure on-time shipping and most cost effective distribution method;
    • Help to manage inventory in Chervon's domestic warehouses to help support in-stock targets established by our retail partners.

    Competencies

    • Leadership
    • Detail-oriented
    • Teamwork
    • Strategic thinking
    • Project planning
    • Forecasting
    • Business acumen
    • Analytical
    • Personal effectiveness/credibility
    • Communication proficiency
    • Presentation skills
    • Retail knowledge
    • Inventory management
    • Logistics
    • Knowledge of the tool and/or outdoor power equipment industries

    Required Education And Experience

    • 2-3 years of experience in a retail inventory, planning and replenishment role;
    • BS/BA degreed with supply chain management, inventory management, finance or a related field;
    • Strong analytical and problem-solving skills;
    • Ability to quickly retrieve, manipulate, analyze and interpret data;
    • Critical thinking skills to identify the strengths and weaknesses of alternative solutions;
    • Ability to understand and foresee implications of new information for current and future problem solving;
    • Good written and verbal communication skills;
    • Strong ability to multi-task and handle competing priorities at once;
    • Self-starter as well as major contributor to his/her team;
    • Extensive knowledge of Microsoft Excel;
    • Strong understanding of inventory management principles and data analytics;
    • Strong understanding of inventory management systems;
    • Financial acumen skills;
    • Understanding of supply chain and merchandising processes;
    • Understanding of distribution, transportation, and supplier manufacturing principles;
    • Proven work experience in a quantitatively/analytical-heavy role;
    • Self-starter with excellent interpersonal communication and problem-solving skills.

    Supervisory Responsibility

    This position does not have supervisory responsibility.

    Travel

    This position requires approximately 10% travel; some international.

    Work Environment

    Chervon North America operates in a casual and fun environment. We offer a very competitive benefits package including health, dental, vision, short/long-term disability, life insurance, 401(k) and a competitive time off program.

    We think Chervon is a great place to work! Be part of our new future! Better Tools. Better World.
  • 6 Days Ago

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Manager
  • Metropolitan Planning Council
  • Chicago, IL FULL_TIME
  • About MPC Dedicated to shaping a better, bolder, more equitable future for everyone, Metropolitan Planning Council (MPC) believes that every community is valued. Every person has a voice. And every ne...
  • 6 Days Ago

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Manager
  • Subway Manager
  • Bellevue, IL FULL_TIME
  • Responsibilities: Monitor and manage the business. Calculate and ensure the accuracy of financial records. Manage and supervise workers. Be able to make labor and food cost,schedule work hours,weekly ...
  • 7 Days Ago

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Planning Manager
  • Sterling Engineering
  • Wheeling, IL FULL_TIME
  • Job Title: Planning and Scheduling ManagerCompany Overview: We are a world leader in the design, development, and manufacturing of drug delivery devices for the pharmaceutical, biotechnology, and gene...
  • 3 Days Ago

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Manager, Planning
  • Carat
  • Chicago, IL FULL_TIME
  • Company Description Carat is the world’s first media agency and privileged to work with some of the most storied and innovative brands in the world. Most recently named a leader amongst global media a...
  • 9 Days Ago

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Manager, Planning
  • dentsu
  • Chicago, IL FULL_TIME
  • Company DescriptionCarat is the world’s first media agency and privileged to work with some of the most storied and innovative brands in the world. Most recently named a leader amongst global media ag...
  • 9 Days Ago

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Planning Manager
  • City of Ukiah, CA
  • Ukiah, CA
  • Salary : $92,265.48 - $112,149.24 Annually Location : Ukiah, CA Job Type: Full-Time Job Number: 2024-17 Department: Comm...
  • 6/11/2024 12:00:00 AM

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Planning Manager
  • SaniSure LLC
  • Camarillo, CA
  • Job Description Job Description ABOUT SANISURE SaniSure is a multinational manufacturer of single-use bioprocessing solu...
  • 6/11/2024 12:00:00 AM

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Planning Manager
  • CPS HR Consulting
  • Madera, CA
  • Salary: $120,037.81 - $166,912.53 Annually Location : Madera Job Type: Full-Time Job Number: ES2313 Department: City of ...
  • 6/10/2024 12:00:00 AM

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Planning Manager
  • NEMERA
  • Buffalo Grove, IL
  • Job Description Planning - Scheduling: Participate in drawing up the Industrial and Sales Plan, integrating the site's c...
  • 6/9/2024 12:00:00 AM

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Planning Manager
  • AFL
  • Duncan, SC
  • AFL provides industry-leading fiber optic products and services across the globe. Our company was founded in 1984 with a...
  • 6/9/2024 12:00:00 AM

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Planning Manager
  • City of Baytown
  • Baytown, TX
  • Planning Manager Print (https://www.governmentjobs.com/careers/baytowntx/jobs/newprint/4466479) Apply ? Planning Manager...
  • 6/9/2024 12:00:00 AM

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Planning Manager
  • Toole Design Group LLC
  • Boston, MA
  • Job Type Full-time Description Toole Design Group in Boston, MA is looking to hire an experienced and talented full-time...
  • 6/8/2024 12:00:00 AM

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Planning Manager
  • Forsyth County, GA
  • Cumming, GA
  • Salary: $68,046.00 - $112,276.00 Annually Location : Cumming, GA Job Type: Full-time Job Number: 03084 Department: Plann...
  • 6/8/2024 12:00:00 AM

Illinois (/ˌɪlɪˈnɔɪ/ (listen) IL-ih-NOY) is a state in the Midwestern and Great Lakes region of the United States. It has the fifth largest gross domestic product (GDP), the sixth largest population, and the 25th largest land area of all U.S. states. Illinois is often noted as a microcosm of the entire United States. With Chicago in northeastern Illinois, small industrial cities and immense agricultural productivity in the north and center of the state, and natural resources such as coal, timber, and petroleum in the south, Illinois has a diverse economic base, and is a major transportation hu...
Source: Wikipedia (as of 04/11/2019). Read more from Wikipedia
Income Estimation for Forecast Planning Manager jobs
$110,891 to $152,579

Forecast Planning Manager in Buffalo, NY
A forecast is financial trend that mirrors the business plan period.  If you develop a five-year business plan, you should create a five-year forecast.
January 08, 2020
Forecast Planning Manager in Middlesex, NJ
Sales forecasts enable you to manage your business more effectively.
January 26, 2020
It is a month-by-month forecast of the level of sales you expect to achieve.
December 06, 2019
Forecast Planning Manager in Pensacola, FL
Therefore, you can generate demand forecasts that consider historical data that is spread among multiple systems.
December 18, 2019