The posting
Company Description
Fortune Brands Innovations (NYSE: FBIN) is an industry-leading home, security and digital products company with a portfolio of trusted brands, including Moen, House of Rohl, Therma-Tru, Larson, Master Lock, Yale residential, and Sentry Safe.
We are building a company that is determined to win, and we are clear about how: strong brands, great people, and disciplined execution.
You'll join a team that puts customers first, keeps its commitments, and cuts through complexity to deliver meaningful results.
If you're looking for an opportunity to make an impact and help shape what's next for our iconic brands, we'd love to meet you. Apply now.
Explore life at Fortune Brands here.
Job Description
The Senior Demand Planner is responsible for managing the forecast for a defined set of products and customers and aggregating up through product lines to the Business and Channel level within the Water business unit. This position develops volume and gross sales forecasts using analytical and collaborative techniques within SAP APO, and leverages SAP BW / Analysis for Office (AO) for reporting, root-cause analysis, and performance tracking. The role leads discussions at various points in the Sales and Operations Planning (S&OP) process and facilitates forecasting meetings with internal and external stakeholders. May serve as a project member or lead on innovative projects in demand planning or other cross-functional projects. Key performance measures include forecast accuracy, bias, and service. Success in this role requires the ability to work independently with strong analytical and technical aptitude, combined with effective collaboration and partnership across Supply Chain, Business Units, Sales, Finance, and Customers.
Position Location: This role is eligible for a hybrid schedule, reporting into the Deerfield, IL HQ Tues–Thurs, with flexibility to work remotely on Monday & Friday.
DUTIES & RESPONSIBILITIES:
- Responsible for managing high volume, key account forecasts in SAP APO and presenting those forecasts during the Sales & Operations Planning (S&OP) process
- Manage promotion and event forecasts for assigned accounts, as well as timing expectations with customers and internal stakeholders
- Drive forecasting engagement and collaboration with the Business Units through S&OP processes as well as the Annual Operating Plan (AOP) for assigned accounts
- Achieve forecast accuracy and bias targets for assigned categories; conduct root-cause analysis in SAP BW / Analysis for Office (AO) to improve forecast performance
- Develop and maintain new product launch forecasts and collaborate with stakeholders on their performance and lifecycle decisions
- Build and maintain reporting and analysis using SAP BW and Analysis for Office (AO); translate data into actionable insight for the business
- Act as a key team member for innovative demand planning projects, process improvements, or other cross-functional projects
- Identify and recommend improvements to forecast accuracy using statistical models, industry knowledge, and best practices
Qualifications
- Requires 5+ years of demand planning and/or sales analytics experience
- Bachelor's Degree preferred; relevant experience to be considered in lieu of degree
- Working knowledge of SAP APO (Demand Planning) required; hands-on forecasting experience within APO strongly preferred
- Experience with SAP BW and Analysis for Office (AO) for reporting and analysis required
- Advanced knowledge of Microsoft Excel required
- Experience with data visualization software (Microsoft Power BI, Tableau) preferred but not required
- Statistical / time-series forecast modeling experience a plus
- Requires a basic knowledge of business math, including gross margin percent, inventory turns, ROI, etc.
- Must possess strong analytical skills and excellent database and spreadsheet capabilities; must be comfortable working with large data sets
- Must have the ability to learn and manage a variety of database applications, including customer-specific online systems; experience with retailer online portals a plus
- Must possess strong written and verbal communication skills; a strong cross-functional partner with the ability to work with all levels of the organization
- Must possess the ability to multi-task, accept changes in direction and priorities quickly, and work with a sense of urgency
- Must demonstrate the ability to work with a high level of detail, accuracy, and accountability
- Must be a team player; requires daily communication with management and sales
Additional Information
Fortune Brands believes in fair and equitable pay. A reasonable estimate of the base salary range for this role is Hiring Pay Range: $70,000 USD - $110,000 USD. Please note that actual salaries may vary within the range, or be above or below the range, based on factors including, but not limited to, education, training, experience, professional achievement, business need, and location. In addition to base salary, employees will participate in either an annual bonus plan based on company and individual performance, or a role-based sales incentive plan.
At Fortune Brands, we support the overall health and wellness of our associates by offering comprehensive, competitive benefits that prioritize all aspects of wellbeing and provide flexibility for our teammates’ unique needs. This includes robust health plans, a market-leading 401(k) program with a company contribution, product discounts, flexible time off benefits, adoption benefits, and more. We offer numerous ERGs (Employee Resource Groups) to foster a sense of belonging for all associates.
Fortune Brands is built on industry-leading brands and innovation within the high-growth categories of water, outdoors and security. The Company makes innovative products for residential and commercial environments, with a growing focus on digital solutions and products that add luxury, contribute to safety and enhance sustainability. To learn more, visit our website at fbin.com.
Equal Employment Opportunity
Fortune Brands is an equal opportunity employer. Fortune Brands evaluates qualified applicants without regard to race, color, religion, sex, gender identity or expression, national origin, ancestry, age, disability/handicap status, marital status, protected veteran status, sexual orientation, genetic history or information, or any other legally protected characteristic.
Reasonable Accommodations
Fortune Brands is committed to working with and providing reasonable accommodations to individuals with disabilities. If, because of a medical condition or disability, you need a reasonable accommodation for any part of the application or interview process, please contact us at [email protected] and let us know the nature of your request along with your contact information.
Important Notice: Protect Yourself from Fraudulent Job Postings
To protect yourself from fraudulent job postings or recruitment scams, please note that Fortune Brands job postings are exclusively hosted on our website at fbin.com/careers via our SmartRecruiters platform. Fortune Brands will never request banking information or sensitive personal details until an offer of employment has been accepted and the onboarding process begins.
