Hubbell Incorporated was founded in 1888 and has grown into an international manufacturer of quality electrical, lighting and power solutions with more than 75 brands used and recognized around the world. Our founder, Harvey Hubbell, developed tooling and equipment to serve the growing demand for new assembly and manufacturing machinery during the industrial revolution. An early, and one of many patents awarded, came for the creation of the first practical method to control electricity through the pull chain socket that remains unchanged today. As a market leader in reliable, electrical solutions, we provide more than half a million products delivered through our various business groups. Hubbell is committed to continually innovating solutions that work, transforming old products with new ideas, and ensuring that we Energize, Enlighten and Empower the communities that support us.
Hubbell Commercial & Industrial (HCI) provides solutions for a broad range of non-residential and residential construction, commercial and industrial applications along with high-voltage test and measurement solutions. As a leading global manufacturer and supplier in multiple markets, we have quality products that serve the commercial construction, datacom, industrial light, industrial heavy, high voltage, residential and oil & gas markets. HCI has built its success through strong leadership, employee and customer loyalty and an exceptional sales force.
Reporting to the WBP Planning & Forecasting Manager, develop and monitor forecasts trends/planning policies in SAP. Utilizing the SAP Consumption based forecast model, position drives the company inventory value, inventory days on hand and service goals.
Duties and Responsibilities
Existing Forecasts & Stocking Policies:
On a weekly basis, analyze assigned finished goods exceptions and update SAP in accordance stocking reviews (MTS vs MTO), forecast reviews utilizing MAPE accuracy measures & safety stock min-max levels.
Coordinate monthly meeting with Product Marketing to share market knowledge and customer upcoming demand.
Schedule and participate in monthly benchmarking meetings with other division sites. Minimize excess inventory with monthly review. Utilize inventory rework process to optimize/reduce any excess to policy stock.
Monitor and modify planning parameters as changes in business dictate in order to achieve service and inventory objectives. Detect and correct master data that affect the planning of their products.
Coordinate the phase out plan from line deletions produced from Product Marketing.
Yearly recast of ABC codes by reviewing past times ordered and assessing part parameters to determine best code assignment and stocking policy.
Perform additional tasks as assigned by the WBP Planning & Forecasting Manager.
New Item Forecasts & Phase-In and Phase-outs:
Develop new item forecast and stocking plan. Align with management team to ensure plan meets the company’s expectations for inventory DOH.
Establish new item forecast learning forum to continually improve new item forecast methods.
Coordinate and schedule product release based on product launch timeline.
Attend new item launch product launch meetings.
Coordinate phase-in/outs and redesigns in the most economical manner without affecting service to customers. Focus should be on the entire internal supply chain.
Coordinate product requirements with factories to ensure valid scheduling of catalog assembly. Help develop a plan to assist in elimination of excess inventory.
Skills and Experience
SAP, MS office including Intermediate MS Excel and Access type user, and Kinaxis or other reporting tools.
Minimuim of 5 years experience in Demand Planning.
Supply chain knowledge – a demand planner with an in-depth understanding of the supply chain and how it functions.
Familiarity with statistics – a solid understanding of applied math and the statistical software programs used to create forecasts.
Analytical thinking – an ability to analyze and use critical thinking skills on a regular basis is key.
Creative thinking – the ability to think outside of the box and devise creative solutions to various problems can be helpful.
Presentation skills – even though much of a demand planner’s work focuses on forecasting, analyzing, and tracking, they must also explain to others why they recommend certain moves.
Interpersonal skills – although demand planners complete a significant amount of their work independently, they must also interact with others who affect the forecasting process.
This position requires a detail oriented individual who can rationalize data to confidently make decisions quickly.
Bachelors Degree in Other Technology or Business
Masters Degree in Other Technology or Business