Analyst - IBP Demand Planning

IBP Demand Planning Analyst - The Toro Company

Who Are We?  

With roots dating back to 1914, The Toro Company was built on a tradition of quality and caring relationships. Today, the company is a leading worldwide provider of innovative solutions for the outdoor environment, including turf and landscape maintenance, snow and ice management, underground utility construction, rental and specialty construction, and irrigation and outdoor lighting solutions. Through a strong network of professional distributors, dealers, rental stores and retailers in more than 125 countries, we proudly offer a wide range of products across a family of global brands to help golf courses, professional contractors, underground construction professionals, groundskeepers, agricultural growers, rental companies, government and educational institutions, and homeowners – in addition to many leading sports venues and historic sites around the world.

Your Opportunity:

The Analyst, IBP Demand Planning, is responsible for creating demand forecasts by leveraging history and assumptions gathered through the demand consensus review process. This includes a rolling 24 to 36 month Demand Plan at the family level in accordance with the enterprise IBP Process, and SKU level forecasts for the cumulative lead-time horizon. The analyst adds value to the forecast through targeted adjustments that improve accuracy and eliminate bias from the Demand Plan. This position provides support to product marketing and account management in monitoring, evaluating, and analyzing trends related to their portfolio. In addition, the demand planner works with the integrated supply chain to align supply and demand, and with the business on product allocations.

Sponsorship:

• VISA Sponsorship is not available for this position.

Work Location:

• The anticipated work location is in Bloomington, MN, Toro's International Corporate Headquarters.

• The current team works 3-days on campus in Bloomington, MN, with optional 2-days remote.Fully remote is not available at this time.

What Will You Do? 

To grow and build a successful career with The Toro Company, you will be responsible for: 

• Participate in monthly demand consensus reviews to drive alignment and accountability to the integrated demand plan. Ensure alignment with Marketing & Sales in the development of the consensus forecast.

• Documents assumptions underlying the plan and highlights key changes

• Collaborate with cross-functional partners, including Marketing, Sales, Finance, Engineering and Supply Planning and utilize historical order and shipment data, current Point of Sale (POS) trends, field inventory data, and promotional activity information to develop the best possible demand plans for new and existing products.

• Utilize SAP Demand Planning and the Integrated Business Planning (IBP) process to develop a Stock Keeping Unit (SKU) level demand forecasts for products within the Residential & Landscape Contractor (RLC) portfolio.

• Communicate changes to cross-functional partners. Quantify and proactively communicate all significant forecasts changes and gaps to all impacted.

• Review forecast metrics (EVA, BIAS), understand root cause when variability exceeds the norm, and determine best methods to continuously improve forecast accuracy and eliminate bias.

• Create and present regular reports and dashboards to management on forecast performance, variances, and risks

• Collaborate with Supply Planning and Manufacturing on corresponding planning scenarios and strategies. Communicate and escalate concerns to management to ensure an appropriate supply chain strategy is developed.

• Participate in development of Annual Business Plans.

• Contribute to the implementation and successful roll-out of demand planning tool; Utilize and maintain inputs to the Demand Planning and IBP tools.

• Support the weekly Integrated Tactical Planning (Sales & Operations Execution) process for the RLC division with cross-functional team including sales, marketing and supply chain

• Participate in new product launch planning and end-of-life product phase-outs from a demand perspective

What Do You Need? 

To be considered for this role, an individual should meet the following minimal requirements: 

• Bachelor’s degree in business, supply chain or other relevant fields required.

• 3-5 years of relatable experience in demand planning, including use of demand planning software. Capable in data management and analysis in Excel through practical experience using Excel to create and manage planning data.

• Effective communication and collaboration skills.

• Proficient in demand planning methodologies, statistical analysis, and forecasting techniques.

• Strong Excel skills; excellent analytical and mathematical skills; and experience using demand planning tools.

• Ability to manage multiple tasks in a fast-paced environment.

• Strong attention to detail and problem solving ability.

Preferred:  

• Proficiency in data analysis tools (e.g. SQL, Power BI, Tableau) is a plus.

• Mechanical aptitude and familiarity with Toro products, customers, and dealer/rental channels is a plus.

What Can We Give You? 

At The Toro Company, we are always working to make sure our employees know just how valued they are. In addition to a competitive salary, an affordable and top-tier medical/dental/vision plan, 401k, and many other great benefits - The Toro company offers employees at our Bloomington, MN HQ location a variety of perks, including: 

• Dress for your day - We know you're more productive when you're comfortable, which is why TTC employees are encouraged to take advantage of our casual, corporate environment. 

• Food - Take advantage of our onsite café, which serves both breakfast and lunch. With a Caribou Coffee attached, you can grab a snack and a coffee at any time during your day. 

• Wellness - The Toro Company’s HQ offers complimentary use of our onsite fitness facility to employees. In addition to physical well-being, TTC offers a variety of mental health and financial health resources to all employees.  

• Volunteerism - The Toro Company is proud to provide employees 20 hours of paid time to volunteer in the community. 

• Summer Hours – Enjoy a flexible schedule during the summer! By working a little more during the first few days of the week, TTC employees at our Bloomington HQ are able to start their weekends early and leave by noon on Friday. 

• Competitive Salary – A reasonable pay range for this opportunity is $76,700- $95,000.The pay range takes into account skills, experience, education, and location. It is not common to be hired at or near the top of the range; compensation decisions are dependent on the facts and circumstances of each case. Cash compensation is one piece of our competitive total rewards package. If you need to, you can access your pay early with the One@Work app, formerly the Even app. 

At The Toro Company, we are committed to fostering a secure and trustworthy recruitment process for our applicants. Recruitment fraud is a potential threat to job seekers, so please be aware that throughout our recruitment process, you’ll never be required to pay any fees or disclose personal financial details when applying to TTC opportunities.   

The Toro Company is an Equal Opportunity Employer. We consider all qualified applicants based on merit and do not discriminate on the basis of race, color, religion, sex (including pregnancy, gender identity, and sexual orientation), parental status, national origin, age, disability, genetic information, military service, or other non-merit factors. We are committed to creating a welcoming environment for all employees.

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