Job Description
Demand Forecasting: Utilize historical data, market trends, and market insights to develop reliable demand forecasts.
Collaborative Forecasting: Work closely with Sales, Marketing, Product Management, and other relevant departments to gather inputs and insights for creating a comprehensive demand plan.
Sales and Operations Planning (S&OP): Participate in S&OP meetings to align demand forecasts with supply chain capacities and ensure a balanced approach to meet customer demands and optimize inventory levels.
Inventory Management: Monitor inventory levels and collaborate with procurement and production teams to ensure optimal stock levels, minimizing stockouts, and overstock situations.
Data Analysis: Analyze demand data, sales figures, and other relevant metrics to identify trends, patterns, and potential risks that could impact demand planning accuracy.
Demand Variability Management: Implement strategies to mitigate demand volatility and develop contingency plans to handle unexpected fluctuations.
New Product Introduction: Collaborate with cross-functional teams to develop demand forecasts for new product launches based on market analysis and historical data.
Performance Tracking: Establish key performance indicators (KPIs) to monitor demand planning performance, regularly assess forecast accuracy, Stock aging and implement continuous improvement initiatives.
Reporting: Prepare and present demand planning reports and insights to relevant stakeholders and senior management.
Educational Qualifications and Certificates
Bachelor’s degree in Supply Chain Management, Business Administration.
Certification in supply chain management or demand planning (e.g., APICS CPIM, CSCP) is an advantage.
Experience
7-10 years of experience in demand planning or supply chain management roles.
Knowledge of FMCG/ Food industry demand patterns and trends.
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