Demand Planning Manager II
Apply NowCompany: Parker Hannifin
Location: Simi Valley, CA 93065
Description:
Parker Hannifin
ABOUT PARKER AEROSPACE
Responsibilities:
Demand Forecasting:
Technical Skills:
Come join the Parker Aerospace Team! We are proud to offer competitive benefits designed with health, wealth, and well-being in mind. Our competitive package includes:
Health and Wellbeing:
Please note that the salary range information is only applicable for California. Compensation is based on a variety of factors, candidate experience, qualifications, location as well as market and business considerations. Target Budget Compensation Range: \$125K - \$145K plus 12.5% ACIP target (Annual Bonus)
DRUG-FREE WORKPLACE: Parker provides a drug-free workplace in accordance with its policies and applicable state laws. Therefore, all applicants seeking employment with Parker will be subject to drug testing as a condition of employment.
ABOUT PARKER AEROSPACE
- Parker Aerospace, an operating segment of Parker Hannifin Corporation, is one of the world's leading producers of flight control, hydraulic, fuel, inerting, fluid conveyance, thermal management, and engine systems and components for the aerospace industry. We design and build equipment for virtually every aircraft and aero engine being produced today.
- Parker Aerospace provides unmatched performance for both our customers and shareholders, built on a foundation of integrity, innovation, and customer satisfaction. As a result, our business has seen consistent growth, and, best of all, our team members share in Parker's success.
- Parker Aerospace Simi Valley Fire, Safety, and Power Division site is a fully integrated location with product responsibility from Marketing and Engineering through Supplier Management, Program Management, and Manufacturing, ending with delivery to customers.
- Parker Aerospace is a worldwide leader in multiple Commercial and Military Aerospace product lines, including Fire and Smoke Detection and Extinguishing systems, Bleed Air Overheat detection systems, Actuators, Rudder Pedal Assemblies, Pumps, Fuel Gauging Systems, High-Temperature cables, and more.
- Parker Aerospace Simi Valley Fire, Safety, and Power Division site is also a key supplier in selecting energy markets, including nuclear gas analyzers and nuclear containment vessel penetration cables. We work directly with the largest global aerospace companies, including Airbus, Boeing, Embraer, Lockheed Martin, and many others.
Responsibilities:
Demand Forecasting:
- Develop and maintain demand forecasts using quantitative and qualitative methods.
- Analyze historical sales data, market trends, and seasonal variations to create accurate demand projections.
- Collaborate with sales, marketing, and finance teams to incorporate promotional plans and market insights into forecasts.
- Monitor inventory levels and ensure alignment with demand forecasts to optimize stock availability and minimize excess inventory.
- Establish safety stock levels and reorder points based on demand variability and lead times.
- Coordinate with supply chain and procurement teams to ensure timely replenishment of inventory.
- Liaise with cross-functional teams to align demand planning with production schedules, sales strategies, and marketing initiatives.
- Facilitate regular meetings with stakeholders to review forecasts, discuss potential issues, and adjust plans as necessary.
- Communicate demand planning metrics and performance to senior management.
- Identify opportunities for process improvements within the demand planning function.
- Implement best practices and tools to enhance forecasting accuracy and efficiency.
- Monitor and analyze key performance indicators (KPIs) related to demand planning and inventory management.
- Utilize demand planning software and analytical tools to generate reports and dashboards that provide insights into demand trends and forecasting accuracy.
- Prepare and present demand planning reports to management, highlighting key findings and recommendations. Manages and prepares division inventory relating to records, tracking of materials, changing business activity, quality of materials and stocking levels. Works closely with procurement to ensure reorder processes and timely delivery of materials are in place.
- Administers the development and implementation of an aggressive inventory reduction program limiting the Divisions exposure to excess inventory cost. Adjust inventory levels associated with any backlog production.
Technical Skills:
- Proficiency in demand planning software (e.g., SAP, Oracle, or similar).
- Strong analytical skills with the ability to interpret complex data sets.
- Proficient in Microsoft Excel (VBA and Macros) and other data visualization tools (e.g., Tableau, Power BI).
- Excellent written, verbal, and interpersonal communication skills for effective interface with all internal and external contacts.
- Must be an innovator and embrace lean enterprises principles and practices.
- Bachelor's Degree in related discipline required
- 7+ years related experience in Demand Planning roles
Come join the Parker Aerospace Team! We are proud to offer competitive benefits designed with health, wealth, and well-being in mind. Our competitive package includes:
Health and Wellbeing:
- Comprehensive medical, dental, and vision coverage from day one, including Health Savings and Reimbursement Accounts.
- Wellness incentive credits leading to reduced healthcare premiums.
- Access to Employee Assistance Program (EAP) for health and well-being support.
- On-site facilities: cafeteria with a wide array of food options, mini-mart, and vending machines.
- Participation in health and emotional well-being challenges with rewards.
- Competitive salary with an annual bonus incentive plan.
- Retirement benefits: 401(k) with company match opportunity.
- Income Protection, Life Insurance, Accidental Life and dismemberment Insurance, Short and Long-Term Disability insurance.
- Generous Paid Time Off: 120 hours, plus up to 13 paid holidays, including a company-wide shutdown between Christmas and New Year's.
- Parental Leave: 4 weeks at 100% pay for new family additions.
- Extras like Adoption Assistance, financial guidance resources, paid jury duty, bereavement time, and time off for citizenship testing, marriage, and birth.
- Support for ongoing education through our Educational Reimbursement program.
- Business Resource Groups promote diversity, equity, and inclusion.
- Volunteering day off and social committee activities throughout the year.
- Employee Perkz on various services (car purchases, computer purchases, life adventures, etc.)
- Employee Referral program - Refer a family member or friend and receive a generous award for referrals that are hired (up to \$4,000)
- Dress for Your Day policy, offering flexible work attire options.
Please note that the salary range information is only applicable for California. Compensation is based on a variety of factors, candidate experience, qualifications, location as well as market and business considerations. Target Budget Compensation Range: \$125K - \$145K plus 12.5% ACIP target (Annual Bonus)
DRUG-FREE WORKPLACE: Parker provides a drug-free workplace in accordance with its policies and applicable state laws. Therefore, all applicants seeking employment with Parker will be subject to drug testing as a condition of employment.