Senior Demand Planner

Company Description

Fortune Brands Innovations, Inc. is an industry-leading home, security and digital products company. We’re focused on exciting opportunities within the home, security and commercial building markets. Our driving purpose is to elevate every life by transforming spaces into havens. We believe our work and our brands can have incredibly positive impacts for not just our business and shareholders, but for people and the planet, too.

At Fortune Brands, we’re building something big. We’re advancing exciting innovations in all of our products and processes. We’re delivering trust, dependability, sustainability, and style. To make it all happen, we’ve transformed our workplace into an environment where smart, ambitious people have the support to reach their fullest potential.

When you join Fortune Brands, you become part of a high-performing team empowered to think big, learn fast and make bold decisions. We support an inclusive culture where everyone is encouraged be their authentic selves, and where our differences and unique perspectives are a key strength.

Explore life at Fortune Brands here.

The Senior Demand Planner and Analyst will be 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 Master Lock Company. This position will develop volume and gross sales forecasts using analytical and collaborative techniques. Lead discussions at various points in the Sales and Operations Planning process. Facilitates forecasting meetings with internal and external stakeholders. May serve as project member or lead on innovative projects in demand planning or other cross functional projects. Key performance measures include forecast accuracy, bias, and service measures. Success in this role requires the ability to work independently with strong analytical and technical aptitude combined with effective collaboration skills through partnership with Supply Chain, Business Units, Sales, Finance, and Customers.

Location: This position is eligible for a hybrid work schedule, reporting into our HQ in Deerfield, IL.

DUTIES & RESPONSIBILITIES:

• Responsible for managing high volume, key account forecasts 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
• Responsible for driving forecasting engagement and collaboration with the Business Units through S&OP processes as well as Annual Operating Plan for assigned accounts
• Achieve forecast accuracy targets for assigned categories, and conduct analysis to improve forecast performance
• Responsible for developing and maintaining new product launch forecasts and collaborating with stakeholders on their performance as well as decisions made regarding their management
• Acts as key team member for innovative demand planning projects, process improvements or other cross functional projects
• Identifies and recommends improvements to forecast accuracy using statistical models, industry knowledge and best practices

• Bachelor’s Degree required
• Requires a minimum of 5 years of demand planning and/or sales analytics experience
• Advanced knowledge of Microsoft Excel required
• Experience with data visualization software (Microsoft Power BI, Tableau) preferred but not required
• Experience in demand planning software or related application
• 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 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; ability to work cross-functionally and with all levels of the organization.
• Must possess ability to multi-task; accept changes in direction and priorities quickly; and work with a sense of urgency.
• Must demonstrate ability to work with a high level of detail, accuracy and accountability.
• Must be a team player. Requires daily communications with management and sales.

Fortune Brands believes in fair and equitable pay. A reasonable estimate of the base salary range for this role is Hiring Pay Range: $71,000 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.

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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.