Demand Planning Manager

About the role

The Demand Planning Manager leads and oversees the demand planning process, developing and maintaining a robust demand forecast. This role ensures the company has the right products in the right quantities at the right time, optimizing inventory levels, minimizing stockouts, and maximizing customer satisfaction.

Responsibilities

• Develop and maintain a rolling demand forecast using statistical modeling, historical data, market trends, and input from sales, marketing, and other relevant stakeholders.
• Collaborate with sales and marketing teams to understand promotional activities, new product launches, and other initiatives that may impact demand.
• Analyze historical sales data, market trends, and other relevant information to identify patterns and develop accurate forecasts.
• Utilize statistical forecasting models and software to generate demand projections.
• Regularly review and update the demand forecast based on actual sales data, market changes, and other relevant factors.
• Communicate demand forecasts to relevant stakeholders, including operations, procurement, and finance teams.
• Collaborate with supply planning and inventory management teams to ensure alignment between demand and supply.
• Monitor key performance indicators (KPIs) related to forecast accuracy, inventory levels, and customer service levels.
• Identify and implement process improvements to enhance demand planning effectiveness and efficiency.
• Develop and maintain documentation related to demand planning processes and procedures.
• Stay informed about industry best practices and emerging trends in demand planning.
• Provide support and training to other team members on demand planning principles and tools.
• Participate in cross-functional projects related to supply chain optimization and business planning.