A Demand Planning Manager leads the demand planning process within the organization to ensure that inventory levels are aligned with customer demand. They oversee the development of accurate demand forecasts, collaborate with various departments, and utilize data analytics to drive decision-making.
Why Hire a Demand Planning Manager?
- A Demand Planning Manager brings a strategic approach to forecasting and inventory management, which can lead to reduced costs and improved operational performance.
- They facilitate effective communication among sales, marketing, and supply chain teams, ensuring that everyone is aligned on demand objectives.
- By leveraging data-driven insights, they help organizations respond proactively to market changes, ultimately boosting profitability and customer loyalty.
Job Description Template
We are looking for an organized and insightful Demand Planning Manager. You will lead the demand planning function, developing and implementing forecasting strategies that align with business goals.
This role requires a blend of analytical skills, leadership, and collaboration to drive demand planning initiatives across the organization. You must also be proficient in Indian marketing trends and applicable trade laws.
Ultimately, you will play a critical role in optimizing supply chain operations and enhancing customer satisfaction by ensuring timely availability of products.
Responsibilities:
- Develop and implement demand planning processes and best practices to improve forecast accuracy.
- Lead the demand planning team in analyzing historical sales data and market trends.
- Collaborate with sales, marketing, and supply chain teams to gather insights on demand drivers and upcoming promotions.
- Present demand forecasts and inventory plans to senior management and key stakeholders.
- Monitor performance metrics related to demand forecasting and inventory management, recommending improvements as needed.
- Ensure alignment between demand plans and production schedules to optimize inventory levels.
- Conduct regular training and development sessions for team members on demand planning tools and techniques.
Qualifications:
- Bachelor’s degree in Supply Chain Management, Business Administration, or a related field; Master’s degree preferred.
- 5-7 years of experience in demand planning or supply chain management, with at least 2 years in a managerial role.
- Proficiency in demand planning software (e.g., SAP, Oracle) and advanced Excel skills.
- Strong analytical and problem-solving skills.
- Excellent leadership and team management abilities.
- Proficient in data analysis and forecasting techniques.
- Effective communication and interpersonal skills.
- Ability to work collaboratively across departments.
Key Skills:
- Analytical Skills
- Leadership
- Demand Forecasting
- Inventory Management
- Supply Chain Optimization
- Data Analysis
- Cross-Functional Collaboration
- Inventory Turnover
- Sales and Operations Planning (S&OP)
Tips For Recruiters
- Look for candidates with a proven track record in improving forecast accuracy and inventory turnover.
- Assess their experience with supply chain optimization and demand planning software.
- Evaluate their ability to communicate effectively with cross-functional teams and present data-driven insights to stakeholders.
Key Points to Mention About Your Organization
- Highlight the specific software and tools used for demand planning and forecasting.
- Provide information on any professional development opportunities available to the Demand Planning Manager.
- Mention the organization’s commitment to innovation and continuous improvement in supply chain management.
Keywords For Recruiters:
- Demand Forecasting
- Inventory Management
- Supply Chain Optimization
- Data Analysis
- Cross-Functional Collaboration
- Inventory Turnover
- Sales and Operations Planning (S&OP)
