Demand Planner-1

Role Overview: As a Planner PIM at Target, you will be responsible for forecasting guest demand by analyzing historical sales data, market trends, and other relevant factors to create accurate demand forecasts. You will play a pivotal role in leveraging machine learning tools, collaborating with Merch Planning, participating in Integrated Business Planning meetings, and utilizing advanced analytics for demand sensing. Your core responsibilities will include demand forecasting, consensus forecasting, integrated business planning, demand sensing, and performance monitoring. Your exceptional problem-solving skills, adaptability, and ability to embrace uncertainty will be key to your success in this role. Key Responsibilities: - Demand Forecasting: - Leverage in-house machine learning tool and market intelligence for short term and long-term demand forecasts. - Consensus Forecasting: - Collaborate with Merch Planning to gather insights and incorporate relevant information into the forecasting process. - Integrated Business Planning: - Participate in IBP meetings to present demand forecasts, discuss supply chain issues, and align with Inventory teams on inventory planning. - Demand Sensing: - Utilize advanced analytics and real-time data to sense changes in guest demand; Tune ML hyperparameters for inventory positioning. - Performance Monitoring: - Track and analyze forecast accuracy to identify areas of improvements and implement corrective actions. Qualifications Required: - Bachelors/ Masters in Operations/ Statistics/ Mathematics/ Economics and/or APICS CSCP or IBF Certified Professional in Demand Planning. - 5-7 years of relevant experience in forecasting and statistical analysis, preferably in the retail industry or FMCG industry. - Proficient in handling large datasets, analytics, statistics, and probability. - Experienced in handling ML/AI models for forecasting. - Experience in S&OP and interacting with various stakeholders. - Good communication skills for collaboration across cross-functional teams. - Strong analytical skills for quantifying market trends, guest behavior, and product performance. - Problem-solving abilities in demand planning & forecasting. - Attention to details ensuring accurate demand forecasts. - Proficiency in using open source tools for predictive and prescriptive analytics. (Note: Any additional details about the company were not present in the provided job description) Role Overview: As a Planner PIM at Target, you will be responsible for forecasting guest demand by analyzing historical sales data, market trends, and other relevant factors to create accurate demand forecasts. You will play a pivotal role in leveraging machine learning tools, collaborating with Merch Planning, participating in Integrated Business Planning meetings, and utilizing advanced analytics for demand sensing. Your core responsibilities will include demand forecasting, consensus forecasting, integrated business planning, demand sensing, and performance monitoring. Your exceptional problem-solving skills, adaptability, and ability to embrace uncertainty will be key to your success in this role. Key Responsibilities: - Demand Forecasting: - Leverage in-house machine learning tool and market intelligence for short term and long-term demand forecasts. - Consensus Forecasting: - Collaborate with Merch Planning to gather insights and incorporate relevant information into the forecasting process. - Integrated Business Planning: - Participate in IBP meetings to present demand forecasts, discuss supply chain issues, and align with Inventory teams on inventory planning. - Demand Sensing: - Utilize advanced analytics and real-time data to sense changes in guest demand; Tune ML hyperparameters for inventory positioning. - Performance Monitoring: - Track and analyze forecast accuracy to identify areas of improvements and implement corrective actions. Qualifications Required: - Bachelors/ Masters in Operations/ Statistics/ Mathematics/ Economics and/or APICS CSCP or IBF Certified Professional in Demand Planning. - 5-7 years of relevant experience in forecasting and statistical analysis, preferably in the retail industry or FMCG industry. - Proficient in handling large datasets, analytics, statistics, and probability. - Experienced in handling ML/AI models for forecasting. - Experience in S&OP and interacting with various stakeholders. - Good communication skills for collaboration across cross-functional teams. - Strong analytical skills for quantifying market trends, guest behavior, and product performance. - Problem-solving abilities in demand planning & forecasting. - Attention to details ensuring accurate demand forecasts. - Proficiency in using open source tools for predictive and prescriptive analytics. (Note: Any additional details about the company were not present in the provided job description)