Overview
You
will be responsible for analyzing market trends, forecasting demand, and
coordinating with various departments to optimize inventory levels and ensure
timely availability of products/services. You will develop and implement
strategic plans to meet supply demand while minimizing costs and maximizing
operational efficiency. The demand and planning lead will also establish
effective forecast models based on industry trends and demand patterns and
subsequently implement solutions to improve demand forecasting accuracy.
You will report to the Demand
and Planning Manager.
Key Job Functions
- Develop effective forecast models based
on industry trends and demand patterns.
- Propose and implement solutions to
improve demand forecast accuracy.
- Develop multiple metrics to validate
forecasting accuracy, as per industry standards, and communicate
corrective action(s) to ensure timely resolution.
- Successfully communicate forecast and
inventory estimations to management
- Monitor and report on important changes
in sales forecasts, budgets, and business strategies.
- Support management with risk assessments
and mitigation activities
- Conduct monthly forecast maintenance
- Address demand-related issues in a timely
and effective manner
- Assist in developing annual budgets and
streamlining costs
- Schedule regular forecast review meetings
with management
- Maintain demand planning processes to
improve forecast accuracy.
- Update forecasts for new products,
seasonal products, discounts, and promotions
- Develop an accurate SKU-level forecast by
month through exception-based planning and submission.
- Identify and analyze sales trends and
other demand-influencing variables and incorporate analysis in
forecasting, inventory planning, and safety stock processes.
Experience/ Skills & Competencies/ Licences &
Certifications/ Education Required
- A recognized Degree in Statistics/
Economics/ Mathematics/ /Supply Chain Management/Mathematics or equivalent
- A minimum of 2 years of experience in a
demand planning/forecasting role
- A solid understanding of inventory
management practices and procedures.
- Strong mathematical and statistical
knowledge.
- The capability to multitask in a
fast-paced environment.
- Excellent written and verbal
communication skills.
- Knowledge of integrated supply chain
systems
- Must possess business acumen related to
vision and purpose, strategic thinking, problem-solving, and
creative/innovative mindset.
- Must be customer and market-driven.
- Strong Analytical skills.
- Proficiency in MS Excel.
How To Apply
