Demand Planner Analyst

About Midea America

Midea America Corp. is a U.S. subsidiary within Midea Group, the Fortune 500 giant known for making life easier for millions around the globe. As the world’s top maker of home appliances, Midea is proud of its 166,000+ employees and presence in 200+ countries, including here in the U.S.

Headquartered in Parsippany, N.J., with an innovation hub in Louisville, Kentucky, Midea America provides practical innovations that surprise and delight, creating moments to cherish at home.

Midea's lineup of appliances - from refrigerators to air conditioners, laundry solutions and floor care - are high quality, reliable, and affordable. By thoughtfully engineering performance, convenience, and design into every product, Midea delivers on the promise of every appliance.

A Demand Planner Analyst at MIDEA plays a crucial role in forecasting product demand based on various factors such as historical data, market trends, and promotional activities. They analyze sales patterns, inventory levels, and market conditions to predict future demand accurately. This role involves collaborating closely with sales, marketing, and supply chain teams to ensure optimal inventory levels and minimize stockouts or overstocks. Demand Planner Analysts at MIDEA utilize advanced statistical models and software tools to generate forecasts, monitor performance, and adjust projections as needed to support efficient supply chain operations and meet customer demand effectively.

Responsibilities

• Demand Forecasting : Using statistical models and analysis to forecast product demand accurately across different product categories and regions.
• Data Analysis : Analyzing historical sales data, market trends, and other relevant factors to identify patterns and drivers of demand.
• Collaboration : Working closely with sales, marketing, and supply chain teams to gather input, validate assumptions, and align on forecasted demand.
• Inventory Management : Optimizing inventory levels to ensure sufficient stock availability while minimizing excess inventory and associated costs.
• Forecast Accuracy : Monitoring forecast accuracy and adjusting forecasts based on actual sales data and market changes.
• Promotion and Seasonality : Incorporating promotional activities, seasonality, and other external factors into demand forecasts.
• Reporting : Generating regular reports and dashboards to communicate forecasted demand, inventory levels, and performance metrics to stakeholders.
• Continuous Improvement : Identifying opportunities for process improvements in demand planning methodologies, tools, and systems.
• Risk Management : Assessing and mitigating risks related to demand variability, supply chain disruptions, and market fluctuations.
• Market Analysis : Conducting market research and analysis to understand competitive landscape, consumer behavior, and industry trends that may impact demand.
• Among other duties as assigned.

Experience & Background

Degree and Language

Knowledge, Skills, Abilities

Personal Traits

Midea America Corp. is an equal opportunity employer. We do not discriminate based upon race, religion, color, national origin, gender (including pregnancy, childbirth, or related medical conditions), sexual orientation, gender identity, gender expression, age, status as a protected veteran, status as an individual with a disability, or other applicable legally protected characteristics.