We are hiring Assistant Manager - Demand Planner - for one of the home Textile client.
Key Responsibilities
Utilize historical sales data, market trends, point-of-sale results and customer inputs to create accurate demand forecasts.
Develop and maintain forecasting models to predict future demand fluctuations.
Regularly review and update forecasts based on new information and market changes.
Collaborate with the supply chain team to optimize inventory levels, minimizing stockouts and overstocking.
Analyse lead times and adjust inventory levels accordingly to ensure timely product availability.
Communicate demand forecasts to sales teams to inform sales strategies and target setting.
Collaborate with marketing teams to understand promotional impacts on demand and adjust forecasts accordingly.
Monitor key performance indicators (KPIs) related to demand accuracy, inventory turnover, and sales performance.
Analyse sales data to identify trends, patterns, and potential demand risks.
Generate reports and presentations to communicate demand insights to stakeholders.
Identify potential disruptions to supply chains, such as economic fluctuations, seasonal demand spikes, or product discontinuation.
Develop mitigation strategies to address potential demand risks and minimize their impact.
Evaluate and refine demand forecasting processes to improve accuracy.
Identify opportunities to enhance data quality and improve demand management systems.
Work closely with cross-functional teams including sales, marketing, operations, and finance to align demand planning with overall business objectives.
Communicate demand information effectively to key decision-makers to facilitate informed planning.
Requirements & Skills
Strong analytical skills with experience using historical sales data, POS data, and market trends to build demand forecasts.
Hands-on experience with demand planning or ERP tools (e.g. SAP / Oracle / other planning systems) and strong Excel skills; exposure to BI tools is an advantage.
Good understanding of inventory management principles, lead times, safety stock, and service levels.
Ability to track and report KPIs such as forecast accuracy, inventory turnover, fill rate, and OTIF.
Strong communication and stakeholder management skills to work with Sales, Marketing, Operations, and Finance.
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Assistant Manager - Demand Planner | Careers at SRKay | SRKay Consulting Group