About This Role
We are seeking a skilled Demand Planner to join our team. The successful candidate will be responsible for developing and maintaining accurate demand forecasts, analyzing sales data and market trends, and collaborating with cross-functional teams.
Key Responsibilities:
* Analyze historical sales data to identify trends and patterns that can be used to improve accuracy of future forecasts
* Collaborate with sales, marketing, and other stakeholders to gather information on upcoming promotions, product launches, and other factors that may impact demand
* Develop statistical models and algorithms to create accurate demand forecasts for different product types
* Continuously monitor and track actual sales performance against forecast and make necessary adjustments to the forecast as needed
* Communicate forecast recommendations and updates to stakeholders across the organization, including senior leadership
* Ensure that any add/delete items are promptly updated in the system to avoid impacting forecast accuracy
* Work with IT and Analytics Data teams to ensure that demand data is available on time for extract and analysis
* Validate that sales forecast is pulled into the correct line
* Notify the BI team to push data on time to ensure that reporting and analysis can be done in a timely manner
* Publish LE (latest estimate) forecasts and other relevant reports to keep stakeholders informed of demand trends and performance
* Develop and maintain demand planning dashboard to provide real-time visibility into forecasting and demand planning metrics
* Monitor forecast accuracy and identify areas of improvement to enhance the reliability and precision of demand planning
Requirements
* Bachelor's Degree as a minimum in relevant field including Finance, Math or Engineering; MBA and/or other professional qualifications are highly preferred
* 4+ years of Demand Planning experience in a large organization
* Strong understanding of supply chain management, logistics, and inventory / production planning
* Proficiency in using demand planning and forecasting tools is necessary
* Proficiency in using forecast accuracy KPIs
* Strong experience with ERP and demand planning systems
* Advanced Excel and data analysis skills; experience with BI tools
* Knowledge of statistical forecasting methods and demand modeling
* Solid understanding of distribution networks, inventory management, and supply chain dynamics
* Familiarity with S&OP processes and cross-functional planning
* Proficiency in analyzing large sets of data and using data visualization tools to identify trends, patterns, and insight