Demand Planning Manager

Job Description:

Join our Team: Demand Planning Manager
Watertown, SD - On-Site

Join our team at Terex and embark on an exciting opportunity as we seek a skilled and dedicated Demand Planning Manager to contribute to the Terex Team.

At Terex we believe in fostering a vibrant and inclusive work culture where every person is empowered to thrive. We're dedicated to driving quality, innovation, embracing diversity, and creating an environment where everyone feels valued and respected. We're committed to excellence in everything we do, and we're seeking talented individuals who share our passion and values to join our team.

The Demand Planning Manager is responsible for leading all programs and processes to ensure growth of the Parts business through parts availability and strategic pricing. This Position will lead the development and implementation of pricing strategies, pricing analytics, customer and product segmentation, price management, and pricing maintenance, and will continue to build an industry-leading supply chain, standardize business practices, KPIs, implement best practices, with the objective of achieving the highest levels of Parts availability and deliver an industry-leading customer experience. In addition, this position is responsible for optimizing working capital in parallel while achieving the goals mentioned above.

What you'll do

Manage the Team

• Supervise a team of demand planners and price analysts.
• Ensure processes are in place to optimize inventory and pricing
• Actively lead and manage the different projects related to the development and consistent deployment of best practice process and system capabilities based on standard software packages (e.g., Saleforce.com, Oracle, Syncron)
• Establish and manage to key performance measures
• conducting performance appraisals, keeping work history files uploaded, providing ongoing coaching and feedback to supervised Team Members
• Create a strong team spirit in the department as well as awareness of the importance of safety, quality, cooperation, and Terex Way Values
• Establish mid and long-range visions for future state improvements and evolution of the department
• Anticipate the advancement of business and market conditions and strategize options for managing changes

Inventory Planning

• Subject matter expert on Syncron and other tools used for planning and pricing.
• Plan inventory in a multi warehouse network to achieve desired fill rate and inventory turnover targets.
• Developing effective forecast models based on industry trends and demand patterns.
• Implement solutions to improve demand forecast accuracy.
• Forecast demand for a company's products or services using market research.
• Adjust inventory levels based on sales trends.
• Collaborate with sales, marketing, and production teams to ensure product availability aligns with demand.
• Execute the inventory plan based on historical trends and future Sales activities

Strategic Pricing

• Develop pricing programs to maximize profitability.
• Development of comprehensive strategic and financial plans for pricing, including segmentation schemas, annual price plans, value-based pricing approaches, and corrective action plans.
• Development of meaningful market analytics that foster strategic thinking regarding the most significant sales and margin growth opportunities relative to industry and competitive trends.
• Conversion of pricing theory and strategy into strong business plans and subsequent execution of discount structure and list prices.
• Engage business leaders on assessing product portfolio and setting prices.
• Consulting Parts and Service teams on new product pricing, product price positioning, and forecasting.

What you'll bring

• Bachelor's Degree or higher in Business, Data Science or related field.
• 5 - 7+ years of management experience in a global services business - preferably with an industry-leading organization and in a multi-cultural environment
• Proven record in managing inventory to improve fill rate while reducing dead inventory
• Proven record in developing and executing pricing strategies to support business growth, profitability, and overall customer satisfaction
• Excellent coaching and training skills with an orientation towards continuous improvement

• Strong leadership skills and with the ability to build, manage, motivate, and engage a high performing team
• Strong presentation and discussion/influencing skills internally and with customers.

Salary: The compensation range for this position is $90k - $105k annually. Pay is based on several factors including but not limited to education, work experience, certifications, etc.

Why join us

• We are a global company, and our culture is defined byour Values - Integrity, Respect, Improvement, Servant Leadership, Courage, and Citizenship. Check out this video! The Terex purpose
• Safety is an absolute way of life. We expect all team members to prioritize safety and commit to Zero Harm.
• Our top priority is creating an inclusive environment where every team member feels safe, supported, and valued.
• We make a positive impact by providing innovative solutions, engaging our people, and operating in a sustainable way.
• We are committed to helping team members reach their full potential.
• Through innovation and collaboration, our vision remains forward-looking, and we aim to be a catalyst for change, inspiring others tobuild a better world for generations.
• We offer competitive salaries, Team Member bonus, healthcare, paid holidays, 401K, life insurance, LinkedIn Learning.
• For more information on why Terex is a great place to work click on the link! Careers | Terex Corporate

This above description is non-exhaustive and there may be additional duties in accordance with the role.

If you are interested in an open position but feel you may not meet all the listed qualifications, we still encourage you to apply.

About Terex:

Terex Corporation is a global industrial equipment manufacturer of materials processing machinery, waste and recycling solutions, mobile elevating work platforms (MEWPs), and equipment for the electric utility industry. We design, build, and support products used in maintenance, manufacturing, energy, minerals and materials management, construction, waste and recycling, and the entertainment industry. We provide best-in-class lifecycle support to our customers through our global parts and services organization, and offer complementary digital solutions, designed to help our customers maximize their return on their investment. Certain Terex products and solutions enable customers to reduce their impact on the environment including electric and hybrid offerings that deliver quiet and emission-free performance, products that support renewable energy, and products that aid in the recovery of useful materials from various types of waste. Our products are manufactured in North America, Europe, and Asia Pacific and sold worldwide.

Additional Information:

We are passionate about producing equipment that helps improve the lives of people around the world and providing our team members with a rewarding career and the opportunity to make an impact. We are committed to recruiting, engaging, developing, and retaining team members at all levels of our global workforce. Our culture is defined by our Terex Way Values - Integrity, Respect, Improvement, Servant Leadership, Courage, and Citizenship. Our values are the driving force behind our commitment to maintain an inclusive, supportive, non-discriminatory, and safe workplace for all team members. To that end, we are committed to actively foster a culture where every team member feels valued, listened to, and appreciated. We are committed to being fair and impartial in our decisions.As an Equal Opportunity Employer, employment decisions are made without regard to race, color, religion, national origin, sex, sexual orientation, gender identity or expression, age, disability, protected veteran status or other characteristics protected by law. If you are a qualified individual with a disability, including disabled veterans, you may request a reasonable accommodation if you are unable or limited in your ability to access job openings or apply for a job on this site as a result of your disability. You can request reasonable accommodations by contacting the recruiting department (person or department) atGlobaltalentacquisitions@terex.com.

The Company offers competitive salaries, advancement opportunities, and a full range of benefits, including paid vacation, 401(k), medical, dental, and vision.