Demand Planner - Competitive Pay

As a Demand Planner , your job scope typically involves overseeing and managing the demand forecasting process within an organization. Here's a breakdown of the key responsibilities and tasks you might encounter in this role:

Demand Forecasting: Develop and maintain accurate demand forecasts for products or services based on historical data, market trends, and business intelligence. Utilize statistical forecasting methods, demand planning software, and collaboration with sales, marketing, and production teams to generate forecasts.

Inventory Management: Optimize inventory levels to meet customer demand while minimizing excess stock and carrying costs. Work closely with inventory management systems to monitor inventory levels, identify potential stockouts or excess inventory situations, and implement strategies to mitigate risks.

Sales and Operations Planning (S&OP): Participate in the S&OP process to align demand forecasts with production, procurement, and distribution plans. Collaborate with cross-functional teams to ensure that demand plans are integrated into overall business planning and operational decision-making.

Demand Analysis: Conduct regular analysis of demand patterns, customer behaviors, and market dynamics to identify opportunities for improvement and adjust forecasting models accordingly. Monitor key performance indicators (KPIs) such as forecast accuracy, demand variability, and inventory turnover to measure performance and identify areas for optimization.

Collaboration and Communication: Foster effective communication and collaboration with internal stakeholders such as sales, marketing, finance, and operations teams to gather input, share insights, and align on demand planning strategies. Act as a liaison between different departments to ensure coordination and consensus on demand plans.

Continuous Improvement: Proactively identify process inefficiencies, bottlenecks, and areas for improvement within the demand planning process. Implement process enhancements, best practices, and technology solutions to increase efficiency, accuracy, and agility in demand forecasting and inventory management.

Risk Management: Assess and mitigate risks associated with demand variability, supply chain disruptions, market fluctuations, and other external factors that could impact demand forecasts and inventory levels. Develop contingency plans and scenario analyses to address potential risks and ensure business continuity.

Reporting and Analytics: Prepare and present regular reports, dashboards, and insights to management and key stakeholders to provide visibility into demand planning performance, trends, and key metrics. Use data analytics and visualization tools to analyze large datasets, identify patterns, and make data-driven recommendations.

Cross-Functional Leadership: Provide leadership and guidance to supply planning team,  ensuring stock ordering alignment with organizational goals and objectives. Lead cross-functional projects and initiatives aimed at improving demand planning processes, systems, and capabilities.

Compliance and Governance: Ensure compliance with relevant regulations, industry standards, and internal policies governing demand planning and inventory management practices. Maintain accurate records, documentation, and audit trails to support compliance efforts and mitigate risks.

Overall, as a Demand Planner Senior Executive, you play a critical role in driving business success by effectively managing demand forecasting, inventory optimization, and cross-functional collaboration to meet customer needs, minimize costs, and maximize operational efficiency.