Zimmer Biomet is a world leader in musculoskeletal health solutions. Our team members are part of a company with a heritage of leadership, a focus on shaping the future, and a mission dedicated to alleviating pain and improving the quality of life for people around the world.
Responsible for establishing, maintaining and improving the forecasting/demand planning process through integration of data from Product Marketing, Development, Operations, Sales, & Financial Management to produce an accurate and timely weekly forecast. Through weekly planning sessions, the position will prepare data for upload of the forecast in the demand planning system, monitor performance, identify and recommend action plan(s) to ensure that forecast accuracy and inventory targets are achieved and customer service requirements are maintained.
Principal Duties and Responsibilities
Interact with various areas including marketing, manufacturing, shipping, R&D, and purchasing to ensure a smooth demand process. • Alert all necessary personnel to upcoming shortages or backorders.
Assess safety stock levels and recommend changes where needed.
Assist in the rationalization process and measure its impact on inventory values.
Revises base forecast model for multiple product groups to incorporate customer/market requirements and yearly business plans.
Understands and reinforces manufacturing, development, sales/marketing and finance management processes to link with closed loop forecasting process.
Reports on the business impact of timely and accurate forecasts for multiple product groups. Tracks weekly/monthly forecast error results versus established targets; identifies and reports on root cause for forecast error below targets.
Works with production planning and deployment to transfer/translate consensus forecasts for operational purposes.
Analyzes inventory data and make recommendations to effectively bridge supply outages in addition to providing root cause analysis of shortages and cancellations.
Establishing processes to measure forecast against actual sales, obtaining feedback, analyzing results, performing root cause analysis, generating reports and making recommended action steps.
Lead and/or support the monthly Demand Review process for the region.
Expected Areas of Competence
Ability to quickly and accurately generate action requirements based on Planning System outputs.
Excellent Spreadsheet skills and proficient use of Microsoft Office products (Excel, PowerPoint, Word) and ERP systems experience required.
Experience with SAP, IBP, Tableau, Oracle Hyperion and SQL is a plus,
Understanding of MRP techniques, principles and concepts preferred.
Excellent communications skills required with the ability to communicate appropriately with all levels
Must be a self-starter, self-managed, an effective team player and possess excellent analytical / problem solving skills. Needs good understanding of supply chain principals, accounting principles, inventory control and paperwork flow necessary to be able to function responsibly in this position.
Education/Experience Requirements
Bachelor's degree in Statistics, Supply Chain, Finance or related discipline and a minimum of 5 to 7 years of demand planning experience. APICS certified a plus. Other analytical functions can also be taken into account
Experience in participating in the development of product unit/component and dollar demand forecasts, establishing base metrics for validating forecast performance and refining analytical / statistical models to forecast future performance
Demonstrated experience with statistical forecasts; ability to analyze and detect demand shifts, establish forecast accuracy metrics and decompose data into causal factors.
Demonstrated ability to use analytical and statistical models to analyze demand and prepare forecasts utilizing planning software tool. Excellent interpersonal, influence and presentation skills required.
Travel Requirements
Up to 10%
Additional Information
EOE M/W/Vet/Disability
At Zimmer Biomet, we believe in The Power of Us, which means that we are stronger together. We are committed to creating an environment where every team member feels included, respected, empowered, and celebrated
