Demand Planning Analyst Job Description
Demand Planning Analyst Duties & Responsibilities
To write an effective demand planning analyst job description, begin by listing detailed duties, responsibilities and expectations. We have included demand planning analyst job description templates that you can modify and use.
Sample responsibilities for this position include:
Demand Planning Analyst Qualifications
Qualifications for a job description may include education, certification, and experience.
Licensing or Certifications for Demand Planning Analyst
List any licenses or certifications required by the position: APICS, IBF, CPIM, CSCP, CPF, CIFP, IIF, ACFP, CFP, CPSM
Education for Demand Planning Analyst
Typically a job would require a certain level of education.
Employers hiring for the demand planning analyst job most commonly would prefer for their future employee to have a relevant degree such as Bachelor's and Collage Degree in Business, Finance, Engineering, Statistics, Supply Chain Management, Mathematics, Economics, Business/Administration, Education, MBA
Skills for Demand Planning Analyst
Desired skills for demand planning analyst include:
Desired experience for demand planning analyst includes:
Demand Planning Analyst Examples
Demand Planning Analyst Job Description
- Continuously improve inventory management systems to simplify processes and reduce operating costs
- Statistical Forecasting / Predictive Analytics– Utilization of systems and other tools to project future product level demand based on historical data and heuristics, preferably R, RShiny and/or SAS
- Understands the needs of multiple stakeholders and assists in the preparation of proposals to develop new systems and/or operational changes
- Perform systems maintenance to the Demand Planning Attributes within Oracle
- Candidate will be a key participant in S&OP process overall, and a specific contributor to OEM Demand Planning efforts
- Develop accurate demand forecasts at the SKU level for designated product segment, while reducing inventory/working capital, and minimizing forecast variability
- Work closely with solution architects to assist
- Develop detailed test scripts for Business teams to follow during testing of fixes, enhancements and Projects
- Assist in tracking issues reported by Business teams
- Lead solution review sessions with Business and IT teams
- Minimum 1 year experience in the areas of forecasting, demand planning and/or supply chain, 2 years preferred
- 5+ years' experience of forecasting or planning with Filed sales experience (retailing experience and by region (National) planning experience preferred)
- Must be able to be assertive with ideas and enthusiastic
- One Sync experience
- Experience in a highly seasonal industry
- APICS certification and/or attendance at/involvement with APICS programs or classes
Demand Planning Analyst Job Description
- Partner with key accounts on customer collaboration utilizing external information that is available (retailer systems, POS, market data)
- Lead complex, global systems projects that support the Demand Planning and S&OP functions
- Coach and mentor junior analysts, to create a high-performing Demand Planning Systems Center of Excellence
- Improve forecasting accuracy by identifying, analyzing, and quantifying relevant forecast drivers
- Supports new product launch and conversion teams to ensure demand signals are communicated with proper lead-times to allow supply organization to adequately plan inventory production, arrival and depletion
- Analyze demand signals ensure supply related business unit goals are met globally
- Identify inventory risk areas and provide recommendations for correction to management
- Provide daily, weekly, and monthly reports as required
- Work with engineering on new product launches and capacity planning
- Backup to department planner
- 4+ year’s experience within Demand Planning, Sales Planning, Merchandise Financial Planning or Buying
- In-depth Knowledge of business processes related to Demand, Fulfillment and Supply Planning
- Excellent verbal and written and communication/presentation skills
- Ability to speak before others
- A minimum of four (4) years of experience post BS/BA required
- Minimum of 7 years of high-tech or consumer goods industry experience
Demand Planning Analyst Job Description
- Partnering with key stakeholders on specific company objectives related to product conversions, reducing dated stock write-offs and clear-out of excess inventories
- Supporting internal processes related to the execution of Business Expansions, Corporate Promotions, Product Work Requests as required
- Support Budget/Latest Estimate planning process as required
- Analyzing customer demand forecast, backlog and billing trend, and recommend build plan for your product families from wafer out all the way to module build with optimal inventory targets
- Interacting with marketing and customer counterparts to understand the business environment and articulate business recommendations through owning recommendations on weekly upside request and monthly forecast to each major OEM account
- Understanding and developing business and customer strategies to implement goals such as customer prioritization/specific programs inventory buffer strategy, hubs, forecast accuracy tracking/measurement, business risk assessment, product life stage support from new product introduction through out of cycle demand gathering to high volume manufacturing engineer change orders build plan alignment, and end of life products aligned with the platform
- Working with the outsourcing suppliers to highlight risks and opportunities excess and/or constraints and meet delivery and inventory targets
- Drive lean supply chain initiatives such as Throughput time reduction and various cost reduction activities sample sort, skip sort, allocation strategy among vendors
- Coordinating all operation/logistics/planning activities product MMID set up, warehouse readiness, sample coordination post launch
- Modulating capacity with monthly and/or quarterly demand fluctuations and make recommendation on inventory strategy on wafers, dies, piece parts and finish goods module
- Minimum of 2 years’ experience in a Forecasting or Supply Chain environment
- Highly developed analytical and problem-solving skills in order to evaluate and assess complex issues and problems
- Database proficiency is preferred (including creation of tables, databases and spreadsheets to analyze data)
- Knowledge and experience in SQL, Cognos Smartstream, Oracle, MS Dynamics Great Plains is preferred
- Solid interpersonal skills with ability to work effectively in a collaborative team environment
- Motivated to continuously seek improvements to processes and methodologies and to work independently on large scale detail oriented projects
Demand Planning Analyst Job Description
- Develop work instructions for new systems and processes
- Continue to offer supply planning support where required to satisfy a customer need
- Work within approved budget and is diligently cost conscious
- Evaluation of monthly data loads into Logility (statistical forecasting tool) – update master data related to forecasting and also forecast entries
- Ensuring that Customer Demand is understood and that Production plans and supplier schedules reflect this demand
- That daily customer demands are delivered on time, every time
- To understand Customer supply metrics and to report monthly on them
- Responsible for communicating customer production requirements
- Daily reports on adherence to plan
- To recognise areas of waste within our processes and to identify and implement changes to reduce
- Basic skills - Basic reading and math skills, and ability to adhere to safety related issues to include, but not limited to good housekeeping, ergonomics practices, documentation, and team concepts
- Bachelor's degree in supply chain management with related working experience
- Tolerance of ambiguity and demonstrate initiative
- Ability to communicate at various levels across the organization and strong organizational skills
- Must have working knowledge of basic supply and demand planning concepts Sales and Operations Planning
- Collaboration – Ability to identify stakeholders and create win-win situations with other functions
Demand Planning Analyst Job Description
- Ownership of specific KPI’s
- Actively participate in the Logistics functions regarding new product launches
- To ensure all information is accurate and complete on time
- To monitor internal stock levels against MRP accuracy and present when requested to Management team
- Provide support to the Logistics team
- Assure Company quality standards are maintained
- To project the professional image of the company to customers/visitors
- To ensure process adherence
- To ensure the validity of supplier schedules
- Hands on flexible approach to ensure smooth production flow
- Influence – Develop credibility and ability to sell recommendations at all levels of the organization
- Strategic – Planning, administration, facilitation, creativity, problem analysis, decision making, cultural awareness, business intelligence, inspiration, empowerment, impact, collaboration
- Business – Product knowledge, multi-tasking, analytical, quantitative, organizational, detail-oriented, time management
- Leadership and Personal – Motivating others, communication, objectivity, integrity, dependability, initiative, flexibility, sensitivity, tenacity, autonomy
- Knowledge of Forecasting Tools
- Excellent analytical, negotiation, influencing and communication skills