Posted By
Posted in
SCM & Operations
Job Code
189746
Urgent Opportunity at a leading FMCG Company
Level : Asst Manager/Manager
Essential Duties and Responsibilities:
- Designing and generating statistical forecast for short, medium and long term.
- Establish and utilize best methods (statistical models and software tools) in creating forecasts and respective inventory targets.
- Assemble and analyze all data pertinent to creating the sales forecast (historical sales, market trends, seasonality, promotions, and eventually tier 1 account POS and inventory levels).
- Conduct current and future forecasting analysis, ensuring forecasting processes and methods are followed.
- Relating and measuring the impact of forecast accuracy
- Make recommended adjustments to forecast and inventory targets based on changes in demand and market trends.
- Lead forecast and inventory planning meetings with Marketing Managers, reviewing recommended sales forecasts and inventory goals (emphasis on brand transitions, new product introduction, and promotions).
- Manage inventory targets (including safety stock levels) that are approved by management.
- Prepare, report, and communicate forecast and inventory measurements to management (forecast accuracy, inventory plan vs. targets).
- Monitor SKU levels and recommend SKU rationalization initiatives in the future
- Proactively facilitating, re-engineering, best practices & consensus between functional experts (Demand Planning, Inventory Planning, Purchasing, Sales & Marketing, Operations, Finance, and IT)
Qualifications
- Background in Sales Planning, forecasting, procurement and/or Supply planning.
- Strong analytical abilities
- Strong knowledge of demand planning process
- Experience using SAP APO or other ERP statistical software packages
- Knowledge of demand management/forecasting tools, forecasting processes in sales, marketing operations, finance, manufacturing and supply chain issues
- Good communication and Team building skills
- Extensive spreadsheet analysis and strong mathematical abilities
- Experience with DRP/MRP functionality
- Knowledge of key inventory performance metrics, turns, margin contributions, Forecast Accuracy etc.
- Ability to lead cross-functionally.
- Experience in managing end of life cycle and absolute inventory
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Posted By
Posted in
SCM & Operations
Job Code
189746