Demand Planner Job Description
A Demand Planner is responsible for forecasting customer demand, ensuring the right products are available at the right time, and optimizing inventory levels. This role involves analyzing market trends, collaborating with various departments, and developing strategies to meet customer needs effectively.
- Analyze sales trends and customer data to forecast demand accurately.
- Collaborate with sales, marketing, and supply chain teams to align forecasts with business objectives.
- Monitor inventory levels and ensure optimal stock availability.
Responsibilities
- Develop and maintain demand forecasts based on historical data and market analysis.
- Utilize forecasting software and tools to generate accurate predictions.
- Work closely with procurement to ensure timely replenishment of inventory.
- Identify trends and provide insights to optimize inventory and minimize stockouts, while leveraging payroll software in India.
- Prepare and present demand forecasts to stakeholders and management.
- Continuously monitor and adjust forecasts based on changing market conditions.
- Collaborate with cross-functional teams to enhance overall supply chain performance.
- Analyze the impact of promotions and new product launches on demand.
- Track key performance indicators to measure forecast accuracy and effectiveness.
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Requirements and Skills
- Bachelor’s degree in Supply Chain Management, Business, or a related field.
- Proven experience in demand planning or supply chain management.
- Strong analytical skills and attention to detail.
- Proficiency in forecasting software and Excel.
- Excellent communication and interpersonal skills.
- Additionally, a successful Presales Manager should have the ability to work collaboratively in a cross-functional environment, as highlighted by Superworks.
- Strong problem-solving skills and ability to make data-driven decisions.
- Familiarity with inventory management principles and practices.
- Demonstrated ability to manage multiple priorities and meet deadlines.
Conclusion
In summary, a Demand Planner plays a vital role in ensuring that an organization meets customer demand efficiently and effectively. This position requires strong analytical skills, collaboration across teams, and a keen understanding of market dynamics. If you have a passion for supply chain optimization and a strategic mindset, this role offers an exciting opportunity to contribute to business success. Utilizing HR software in India can enhance the effectiveness of demand planning by streamlining processes and improving data accuracy.