Demand Planning Job Description
Demand Planning Duties & Responsibilities
To write an effective demand planning job description, begin by listing detailed duties, responsibilities and expectations. We have included demand planning job description templates that you can modify and use.
Sample responsibilities for this position include:
Demand Planning Qualifications
Qualifications for a job description may include education, certification, and experience.
Licensing or Certifications for Demand Planning
List any licenses or certifications required by the position: APICS, CPIM, IBF, CSCP, CPF, CIFP, IIF, ACFP, CFP, CBF
Education for Demand Planning
Typically a job would require a certain level of education.
Employers hiring for the demand planning job most commonly would prefer for their future employee to have a relevant degree such as Bachelor's and Collage Degree in Business, Finance, Statistics, Engineering, Mathematics, MBA, Supply Chain Management, Economics, Education, Management
Skills for Demand Planning
Desired skills for demand planning include:
Desired experience for demand planning includes:
Demand Planning Examples
Demand Planning Job Description
- Partner with the finance organization to link the demand planning process and data with financial forecasts
- Identify new demand and supply forecasting techniques or technologies to improve the overall SIOP process
- Working alongside the Sales Strategy team on innovation forecast and Corporate promotional volumes
- Providing the Supply Chain Planners and Production teams with the necessary insight and strategies to meet both short and long-term forecasted sales volumes
- Simplifying our Demand Planning process by leveraging our existing technology to generate reports (use of Business Warehouse) and reduce SAP APO (DP forecast tool) system maintenance
- Work collaboratively with senior management across functions and divisions to build business
- Benchmark with internal and external partners on best-in-class Demand Planning practices and share them within the zone
- Ensures a close and efficient link between the Demand Planning group, business owner and the KISS Program
- Maximization of Customer Service Level via effective liaison with factories and monitoring of daily forecast
- Analysis of trends and promotional volumes to make adjustments and recommendations where necessary
- Energetic leader able to rally the team behind a common vision that includes accuracy, attention to detail, empowerment, sense of urgency and achievement of outstanding results
- Open to relocation and flexible on location
- Able to travel 25%+ and to have initial training in Europe
- Ability to collaborate with OEM's, program/account managers, production planners and interpret information from many sources (build schedules, inventory, historical ordering, customer forecasts, ) is essential
- Advanced proficiency in visual data display and analysis including the appropriate use of tables, charts, and graphs
- Intermediate to advanced statistical knowledge of time series forecasting models such as moving averages
Demand Planning Job Description
- Monitoring and managing in transit stock and safety stock requirements
- Minimization of Supply Chain losses, scrapping of obsolete pack materials and finshed goods thank to proactive management of inventory levels
- Contribute to the continuous improvements of the global S&OP processes
- Analyze historical trends and maintain Planning Bills of Materials
- Assist in the monthly Demand Planning process and analyze output
- Generate Statistical forecast to validate monthly forecast submissions
- Create ad-hoc project related analysis
- Generate and Publish Monthly Metrics
- Provide direction to the Customer Service Representatives to allocate orders to align with the S&OP constrained demand plan
- Performs data analysis and takes the findings to the next step by being able to interpret the data to provide recommendations to drive business decisions
- Responsible for compiling our Never Out Of Stock (NOOS) forecasts on a monthly basis
- Manage the Allocations vs Bookings reporting process
- Degree in Management Engineering, Economics,Business Administration or Statistic
- At least 5 yrs experience in supply chain in a multinational company of FMCG field
- Fluency in English (an International experience during the studies or work is highly valued, second foreign language)
- Understanding of production planning and financial KPI’s
Demand Planning Job Description
- Create new and existing product forecasts and communicate supply requirements to the appropriate stakeholders on a regularly scheduled basis
- Develop methodology, technology, and analytics to estimate, consolidate and report commercial demand using inputs from multiple systems and sources
- Work closely with global manufacturing and purchasing teams to optimize production and inventory levels
- Track variances to plan and recommend the appropriate adjustments to the inventory plan as required to meet business objectives
- Create a “Bottoms-up” budget by SKU for use in both Divisional and Operational budgets and trends
- Manage and develop a team (typically between 1-3 employees)
- Perform detailed analysis on various key metrics for the business, providing direction and influencing teams
- Support the Operational Product Manager to ensure demand forecast, product availability targets shipping targets are achieved, while managing inventory levels
- Key analysis includes drivers of forecast changes, actual shipment variances to forecast
- Continuously improve forecast accuracy through creative techniques
- Support our Demand Planning, Merchandising and CTC teams with weekly and ad hoc reporting of sales data
- Knowledge of ERP’slike JDE and/or SAP
- Intermediate/Advanced knowledge of Excel is required (including pivot tables & vlookups
- Experience and/or knowledge of demand management/forecasting tools a plus
- Advanced scenario and sensitivity modeling skills
- Detail oriented – ability to validate, analyze and sort through a large amount of data
Demand Planning Job Description
- Set and lead effective processes top coordinate with all functions in order to achieve efficient, accurate and timely execution of projects and product launches in line with defined timings
- Assess actual sell thru performance in comparison to plan to determine variances and relay findings
- Build a competent and motivated team to meet the current and future business challenge with specific responsibility to develop and implement adequate career and succession plans
- Prepare and submit New Business Opportunity (NBO) forms for supply chain review as required
- Recalibrate forecast models periodically by analyzing predictions vs
- Analysis should include Customer, Product and Geographical Perspectives
- Create and deliver statistical forecasts for all service parts and accessories, design process improvements and next generation algorithms, and perform analytics on daily to weekly basis
- Goal 90% forecast accuracy across multiple offset and aggregation KPIs
- Deliver results and gain buy-in from executives on regular basis
- Communicate with Production, Procurement, Logistics, Reliability Engineering, Quality Engineering and Field Service teams to gather data and understand demand drivers
- Advanced proficiency with Microsoft Office Suite of applications (Excel, Access, Outlook)
- 1-3 years of business/ finance related experience
- Bachelor’s degree, quantitative majors preferred
- 1 to 2 years retail Demand planning or Planning experience
- Strong Manager and people development skills
- Logility, SAP a plus
Demand Planning Job Description
- Take ownership of monitoring on-site inventory, shipping documentation, commercial invoices and monitoring the internal database to ensure synergy of all processes
- Create data queries and reports
- Ad Hoc research as necessary
- Analyzes changes to key business drivers and shapes those findings into a meaningful business story to drive decision making
- Maintains forecast accuracy metrics at various levels from product family to individual SKU and takes action to drive continuous improvement at all levels of the forecast
- Develops accountability for demand management through performance measures and provides feedback to the participants in the process
- Owns SIOP KPI’s and drives accountability to process maturity through cross-functional teams
- Collaborates with Materials Management and Operations to achieve division goals for inventory, excess and obsolete reduction initiatives, and customer on time delivery
- Enter orders for intercompany transfers in ERP system
- Enter consignment and monthly bill orders in ERP system
- Knowledge familiarity with an SAP operating environment, MRP and E-procurement knowledge a plus
- Ability to understand and explain forecast at multiple levels category, brand, segment, SKU, Account
- Partner with cross functionally with commercial to generate baseline and promotional forecasts with high accuracy across relevant categories
- Challenge Sales/Marketing input to forecast and ensure that the volume and value forecast are aligned, understood and agreed across all business units
- Strong working knowledge of systems (Excel, Access)
- A high level understanding of the product