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Job Description
Job Description:
Responsible for developing and implementing collaborative forecasting and replenishment strategies, while leveraging actuarial techniques to optimize inventory management and supply risk assessment. The ideal candidate will have a general understanding of supply chain management but will be an expert in forecasting methodologies and actuarial science, with the ability to analyze complex datasets and provide actionable insights. Additionally, this role requires strong experience managing customers within the club channel (e.g., Sam’s Club), understanding its unique demand patterns, promotional dynamics, and inventory strategies.
What are we looking for?
Bachelor’s degree in Statistics, Mathematics, Actuarial Science, or a related field.
Basic understanding of CPFR processes, demand planning methodologies, and inventory management principles.
Proficiency in statistical analysis tools such as Alteryx, R, Python, or SAS.
Experience with actuarial techniques such as risk modeling, probability theory, and stochastic processes.
Strong analytical skills with the ability to interpret complex datasets and generate actionable insights.
Advanced proficiency in Microsoft Excel.
Effective communication and interpersonal skills, with the ability to collaborate across departments and influence decision-making.
Detail-oriented with a focus on accuracy and problem-solving.
Proven experience working with club retailers (preferred), particularly Sam’s Club or similar formats, with understanding of bulk purchasing behavior, limited assortment strategies, and promotional-driven demand.
What will be your key responsibilities?
Key Responsibilities – CPFR (Collaborative Planning, Forecasting and Replenishment)
1. Collaborative Planning and Forecasting
• Collaborate with internal teams and external clients to develop accurate demand
forecasts and replenishment plans over a horizon greater than 6 months.
• Develop tools and establish processes to improve forecast accuracy, reduce
stockouts, and minimize excess inventory.
• Monitor key performance indicators (KPIs) and adjust forecasts accordingly to meet
service level agreements.
• Partner closely with club channel customers (e.g., Sam’s Club) to incorporate
high-volume events, seasonal packs, and promotional cycles into forecasting
models.
2. Inventory Optimization
• Apply actuarial principles to analyze inventory levels, demand patterns, and lead
times to optimize stock levels and reduce distribution costs.
• Develop inventory policies and strategies to mitigate supply chain risks while
ensuring product availability.
• Adapt inventory strategies to the club channel, ensuring product availability
during key promotional events and managing high-volume, low-SKU
environments.
3. Data Analysis and Modeling
• Use statistical modeling techniques to analyze historical data, identify trends, and
forecast future demand.
• Build predictive models incorporating actuarial methods to assess risk and
uncertainty in demand forecasts.
• Incorporate club-specific demand variability (bulk purchasing behavior,
promotional spikes, and seasonality) into analytical models.
4. Cross-functional Collaboration
• Work closely with cross-functional teams, including sales, operations, and supply,
to align forecasts with business objectives.
• Effectively communicate forecast changes, inventory recommendations, and
potential supply risks to cross-functional teams (sales, procurement, supply).
• Collaborate with commercial teams managing club accounts to align forecasts
with Joint Business Plans (JBP) and customer expectations.
5. Continuous Improvement
• Identify opportunities for process improvement and automation to optimize
recurring CPFR tasks and increase efficiency and effectiveness.
• Stay up to date with industry trends, best practices, and emerging technologies in
supply chain management and actuarial science.
What can you expect from Mars?
Work with diverse and talented Associates, all guided by the Five Principles.
Join a purpose driven company, where we’re striving to build the world we want tomorrow, today.
A strong focus on learning and development support from day one, including access to our in-house Mars University.
An industry competitive salary and benefits package, including company bonus.
Company benefits
Working at Mars UK
Company employees:
Gender diversity (m:f):
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