Demand Planning Analyst- SIOP || India

Key Responsibilities

• Develop, maintain, and continuously improve statistical demand forecasting models using historical sales data, market intelligence, and business assumptions.
•  Analyze sales trends, customer demand patterns, seasonality, and market dynamics to generate accurate demand forecasts. 
•  Collaborate closely with Sales, Marketing, Product Management, Supply Chain, Operations, and Finance teams to align demand plans with business objectives. 
•  Lead the monthly Demand Review process as part of the Sales, Inventory & Operations Planning (SIOP) cycle. 
•  Compare actual sales performance against forecasted demand, perform root cause analysis for forecast variances, and recommend improvements for future planning cycles. 
•  Identify potential supply-demand imbalances, inventory risks, capacity constraints, and material shortages, and proactively recommend mitigation strategies. 
•  Prepare monthly demand plans, inventory projections, and executive reports to support business planning and decision-making. 
•  Coordinate with Supply Planning and Procurement teams to ensure optimal inventory levels while minimizing stockouts and excess inventory.   
•  Facilitate cross-functional SIOP meetings by presenting demand insights, forecast assumptions, key risks, and recommended actions. 
•  Drive continuous improvement initiatives in demand planning processes, forecasting methodologies, and planning systems. 
•  Ensure data integrity within ERP, forecasting, and planning systems, maintaining accurate master data and planning parameters. 
• Conduct Safety Stock Analysis to determine optimal inventory buffers based on demand variability, lead time, service level targets, and business requirements.
• Perform ABC Inventory Analysis to classify products based on sales value, consumption, and inventory

Skills, Knowledge and Expertise

• Strong understanding of inventory management principles, production planning, procurement, and end-to-end supply chain processes.
• Excellent communication, stakeholder management, presentation, and cross-functional collaboration skills. 
• Ability to work in a fast-paced manufacturing environment and manage multiple priorities effectively.

• Bachelor's degree in Supply Chain Management, Operations Management, Engineering, Business Administration, Statistics, or a related field. MBA is preferred.
• 3–5 years of experience in Demand Planning, Supply Chain Planning, SIOP/S&OP, Forecasting, or Inventory Planning in a manufacturing environment.
• Advanced proficiency in Microsoft Excel (Power Query, Pivot Tables, Power Pivot) and reporting tools such as Power BI. 

About
Franklin Electric is a global leader in water and energy systems, committed to continuous improvement and innovation to meet the diverse needs of our customers. Our founders in 1944 named the company after America’s pioneer electrical engineer, Benjamin Franklin, which lives on today in our culture to drive us to push boundaries and create meaningful change. We offer a comprehensive range of pumps, motors, drives, and controls for residential, commercial, agricultural, industrial, and municipal applications.More than just a workplace, Franklin Electric is a vibrant and inclusive community of forward-thinkers, united by our mission to drive positive impact worldwide. Our culture fosters career growth and personal development, with a focus on promoting from within and nurturing talent. Our recent awards in “America's Most Responsible Companies”, “Most Trusted Companies” by Newsweek, “America’s Climate Leaders” and “Indiana’s Best Places to Work” attest, we're dedicated to upholding the highest standards of corporate responsibility.At Franklin Electric, we believe that everyone deserves to be treated fairly and respectfully, and that our diversity of thought, culture and experience makes us a stronger company. Our commitment to social responsibility is evident in programs like the Franklin Women's Network and our philanthropic efforts through the Franklin Wells for the World Foundation. Through these endeavors, we've provided clean water to over 284,000 people in 12 countries, addressing the global water crisis head-on,Locally in our communities, the Franklin Electric Charitable and Educational Foundation (FECEF) supports causes close to our hearts, such as United Way, Boys & Girls Club, and Big Brothers Big Sisters. Our dedication to excellence extends beyond our products and services, shaping a brighter future for both our employees and the communities we serve. Join us in driving meaningful change and making a difference with Franklin Electric.