Posted By
Posted in
SCM & Operations
Job Code
1433242
Job Description:
Responsibilities:
- Demand Forecasting: Analyzing historical sales data, market trends, and customer insights to develop accurate demand forecasts for products or services.
- This involves utilizing statistical forecasting methods, predictive analytics, and collaboration with sales and marketing teams to understand market dynamics.
- Inventory Planning: Collaborating with inventory management teams to determine appropriate inventory levels based on demand forecasts and supply chain constraints.
- This includes setting safety stock levels, lead times, and reorder points to ensure optimal inventory availability while minimizing carrying costs and stockouts.
- Sales and Operations Planning (S&OP): Participating in S&OP meetings to align demand forecasts with supply and production plans.
- This involves working closely with cross-functional teams, including sales, marketing, and production, to ensure accurate demand plans are incorporated into the overall business strategy.
- Collaborative Forecasting: Collaborating with sales and marketing teams to gather market intelligence, customer feedback, and promotional plans to refine demand forecasts.
- This includes conducting regular meetings and reviews to share insights and align expectations.
- Demand Variability Analysis: Analyzing demand patterns, seasonality, and market trends to identify factors that influence demand variability.
- This involves conducting statistical analysis, evaluating historical data, and identifying potential demand drivers to improve forecast accuracy.
- New Product Introduction Planning: Collaborating with product development and marketing teams to develop demand forecasts for new product launches.
- This includes analyzing market potential, conducting market research, and incorporating customer insights to develop accurate demand plans.
- Demand Planning Software and Tools: Utilizing demand planning software and tools to manage and analyze data effectively.
- This includes generating reports, analyzing forecast accuracy, and identifying areas for improvement.
- Performance Monitoring: Monitoring key performance indicators (KPIs) to evaluate demand planning effectiveness and accuracy.
- This includes analyzing forecast accuracy, customer fill rates, and inventory turnover to identify opportunities for improvement and make adjustments to demand plans accordingly.
- Continuous Improvement: Continuously reviewing and improving demand planning processes and methodologies to enhance accuracy and efficiency.
- This includes staying updated with industry best practices, incorporating new forecasting techniques, and leveraging technology to optimize demand planning operations.
- Collaboration and Communication: Collaborating with cross-functional teams, including sales, marketing, operations, and finance, to align demand plans with business goals.
- This involves effective communication and coordination to ensure a unified approach towards demand planning and supply chain management.
Qualifications:
- Minimum qualifications
- Good years of relevant work experience.
- Min 6+Years of experience
- University Graduate
- Relevant Experience
- Advance Excel is must
Preferred Qualifications:
- Strong Supply Chain knowledge/skills
- Strong communication and organizational skills
- Strong analytical and problem-solving skills
- Demonstrated proficiency in Materials Management skills/methods .
- Relationship building with suppliers .
- Knowledge of finance, marketing, sales functions
- APICS training preferred.
- Kinaxis knowledge preferred.
Skills: demand,demand planning,forecasting,supply,food & beverage,frozen food,fast-moving consumer goods (fmcg)
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Posted By
Posted in
SCM & Operations
Job Code
1433242