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Form of workJob Summary
Demand Planners are responsible for developing and executing demand forecasts to enable the company to achieve sales, gross margin, and inventory objectives. Demand Planners create and maintain forecast models, incorporate business intelligence, and collaborate with other members of the organization to integrate sales forecasting and replenishment of product.
- Analyze historical demand, cleanse out outliers/exceptions, identify the most appropriate statistical forecasting algorithm settings, develop unconstrained base forecast plan, understand variance, propose improvement opportunities, communicate consensus, and incorporate demand signals into forecast.
- Address demand related issues in a timely and effective manner.
- Manage forecast exceptions by utilizing demand planning tools and reports to identify areas of highest volatility and error.
- Propose and implement solutions to improve forecast accuracy.
- Provide documented insights into forecast changes, growth rates, promotions, distribution changes.
- Work cross-functionally with both internal and external stakeholders, including merchants, vendors, and replenishment teams.
- Present to cross-functional team and leaders in weekly/monthly forecast alignment and other milesstone meetings; Share forecast insights with financial planning and fulfillment teams on key trend shifts.
Required Qualifications
- Bachelors Degree Supply Chain, Logistics, Business Operations Management, Engineering, Statistics, or a related field
- 4 Years Supply Chain, Merchandising, or a related field
Preferred Qualifications
- Masters Degree Supply Chain, Business Administration or Analytics fields
- 1 Year Experience demonstrating proficiency with demand planning and forecasting systems
About Lowe’s
Lowe’s Companies, Inc. (NYSE: LOW) is a FORTUNE® 50 home improvement company serving approximately 16 million customer transactions a week in the United States. With total fiscal year 2023 sales of more than $86 billion, Lowe’s operates over 1,700 home improvement stores and employs approximately 300,000 associates. Based in Mooresville, N.C., Lowe’s supports the communities it serves through programs focused on creating safe, affordable housing and helping to develop the next generation of skilled trade experts. For more information, visit Lowes.com.
Lowe’s is an equal opportunity employer and administers all personnel practices without regard to race, color, religious creed, sex, gender, age, ancestry, national origin, mental or physical disability or medical condition, sexual orientation, gender identity or expression, marital status, military or veteran status, genetic information, or any other category protected under federal, state, or local law.
Starting rate of pay may vary based on factors including, but not limited to, position offered, location, education, training, and/or experience. For information regarding our benefit programs and eligibility, please visit https://talent.lowes.com/us/en/benefits.
