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With roots dating back to 1914, The Toro Company was built on a tradition of quality and caring relationships. Today, the company is a leading worldwide provider of innovative solutions for the outdoor environment including turf and landscape maintenance, snow and ice management, underground utility construction, rental and specialty construction, and irrigation and outdoor lighting solutions. Through a strong network of professional distributors, dealers, rental stores and retailers in more than 125 countries, we proudly offer a wide range of products across a family of global brands to help golf courses, professional contractors, underground construction professionals, groundskeepers, agricultural growers, rental companies, government and educational institutions, and homeowners – in addition to many leading sports venues and historic sites around the world.
The Aftermarket Demand Planner is a vital role focused on planning and executing inventory management activities to meet customer needs, marketing requirements, and service level objectives. This position necessitates a proactive approach to managing inventory levels and ensuring system integrity.
The ideal candidate will have a proven ability to develop and implement advanced inventory strategies, optimize complex supply chains, and drive significant improvements in efficiency and cost-effectiveness. This role is critical to ensuring optimal inventory levels that meet customer demand while aligning with the company's financial and strategic objectives.
This role will play a key role in creating strategy and execution of all inventory management processes, including demand forecasting, inventory planning, control, and optimization across the network. Additional responsibilities include mentoring junior inventory professionals, championing best practices, leveraging technology, and collaborating extensively with cross-functional teams including procurement, sales, operations, and finance to ensure inventory strategies support overarching business goals.
This position requires a proactive leader with exceptional analytical, problem-solving, and communication skills.
This role will be based at the Bloomington, MN Toro's International Corporate Headquarters. Fully remote is not available at this time.
The current team works 3-days on campus, with optional 2-days remote.
Typical office environment as it pertains to lighting, temperature, and noise level when in administrative/operations offices.
May require occasional travel to other company sites, distribution centers, or supplier locations.
In order to grow and build a successful career with The Toro Company, you will be responsible for strategic inventory, planning & execution:
Develop, implement, and refine long-term inventory strategies, to optimize inventory levels, minimize costs (carrying costs, obsolescence, stockouts), and maximize inventory turns.
Utilize statistical analysis of consumption trends to develop forecasts
Synthesize sales and inventory data, providing guidance and actionable insights that execute on major initiatives
Proactively identify sales opportunities and inventory concerns and generates potential solutions to address
Forecast & manage promotional spend to ensure vendor is maximizing sales while maintaining budget
Ensure overall vendor satisfaction with service, actionable insights, data application and deliverables by managing relationships at the retailer and leveraging all available resources to build a reputation for excellent service and positive referrals
Contribute to creation of policies, and procedures governing inventory management team
Oversee advanced demand forecasting processes and models to accurately predict inventory needs based on sales trends, seasonality, promotions, and market dynamics.
Establish and manage optimal safety stock levels, reorder points, and economic order quantities (EOQ) across all SKUs and locations.
Lead the development and execution of Sales and Operations Planning (S&OP) processes related to inventory.
Drive initiatives for continuous improvement in inventory accuracy, efficiency, and overall supply chain performance.
Analyze inventory data to identify trends, risks, and opportunities; develop and implement corrective actions and preventative measures.
Manage slow-moving, excess, and obsolete (SLOB) inventory, developing and implementing strategies for disposition or reduction.
Ensure the integrity of inventory data within ERP, and other inventory management systems.
Collaborate closely with procurement teams to ensure timely and cost-effective sourcing of materials based on inventory requirements.
Partner with sales and marketing teams to understand demand drivers, promotional impacts, and new product introductions, aligning inventory plans accordingly.
Interface with finance to ensure accurate inventory valuation, reporting, and alignment with budgetary goals.
Manage relationships with key suppliers to improve lead times, reliability, and overall supply chain performance.
Develop and monitor key performance indicators (KPIs) for inventory management, such as inventory turnover, days of supply, stockout rates, inventory accuracy, and carrying costs.
Prepare and present regular reports and analyses on inventory performance, trends, and strategic initiatives to senior leadership.
Utilize data-driven insights to make informed decisions and recommend strategic changes.
Oversee the effective utilization and optimization of inventory management systems such as ERP and other forecasting software
Identify opportunities to leverage new technologies and tools to enhance inventory visibility, control, and analytics.
Mentor and advise junior team members
Lead projects as needed
To be considered for this role, an individual should meet the following minimal requirements:
Bachelor’s degree in Supply Chain Management, Logistics, Business Administration, Finance, or a related field.
Minimum of 7-10 years of progressive experience in inventory management, supply chain planning, or a related field.
Proven track record of developing and implementing successful inventory strategies that have resulted in cost savings and efficiency improvements.
Strong understanding of advanced inventory management principles, forecasting methodologies, and supply chain best practices.
Expert proficiency in inventory management software, Enterprise Resource Planning (ERP) systems (e.g., SAP, Oracle, Microsoft Dynamics), and Warehouse Management Systems (WMS).
Advanced analytical and problem-solving skills, with the ability to interpret complex data, identify trends, and make data-driven strategic decisions.
Excellent leadership, communication, and interpersonal skills, with the ability to influence and collaborate effectively across all levels of the organization.
Strong financial acumen and experience with inventory valuation and cost accounting.
Excellent organizational and project management skills with the ability to manage multiple priorities in a fast-paced environment.
Masters Degree n Supply Chain Management, Logistics, Business Administration, Finance, or a related field.
Professional certifications such as APICS Certified in Planning and Inventory Management (CPIM), Certified Supply Chain Professional (CSCP), or Certified in Logistics, Transportation3 and Distribution (CLTD).
Experience in manufacturing industry and aftermarket support of durable goods
Experience with Lean or other continuous improvement methodologies.
Experience managing a large and diverse SKU portfolio.
At The Toro Company, we are always working to make sure our employees know just how valued they are. In addition to a competitive salary, an affordable and top-tier medical/dental/vision plan, 401k, and many other great benefits - The Toro company offers employees at our Bloomington, MN HQ location a variety of perks, including:
Dress for your day - We know you're more productive when you're comfortable, which is why TTC employees are encouraged to take advantage of our casual, corporate environment.
Food - Take advantage of our onsite café, which serves both breakfast and lunch. With a Caribou Coffee attached, you can grab a snack and a coffee at any time during your day.
Wellness - The Toro Company’s HQ offers complimentary use of our onsite fitness facility to employees. In addition to physical well-being, TTC offers a variety of mental health and financial health resources to all employees.
Volunteerism - The Toro Company is proud to provide employees 20 hours of paid time to volunteer` in the community.
Summer Hours – Enjoy a flexible schedule during the summer! By working a little more during the first few days of the week, TTC employees at our Bloomington HQ are able to start their weekends early and leave by noon on Friday.
Competitive Salary – A reasonable salary estimate is $85K-$95K for this opportunity. The pay range takes into account skills, experience, education, and location. It is not common to be hired at or near the top of the range; compensation decisions are dependent on the facts and circumstances of each case. Cash compensation is one piece of our competitive total rewards package. If you need to, you can access your pay early with the One@Work app, formerly the Even app.
At The Toro Company, we are committed to fostering a secure and trustworthy recruitment experience for our applicants. Recruitment fraud is a growing concern for job seekers, so please be aware that throughout our recruitment process, you’ll never be required to pay any fees or disclose personal financial details when applying to TTC opportunities. All legitimate job opportunities must be applied for directly through our official careers page at jobs.thetorocompany.com or via Workday, our applicant tracking system.
The Toro Company is an Equal Opportunity Employer. We consider all qualified applicants based on merit and do not discriminate on the basis of race, color, religion, sex (including pregnancy, gender identity, and sexual orientation), parental status, national origin, age, disability, genetic information, military service, or other non-merit factors. We are committed to creating a welcoming environment for all employees.
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