Demand Planning Manager job description
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What does a Demand Planning Manager do?
The Demand Planning Manager is vital in ensuring optimal inventory levels by accurately forecasting demand and aligning supply chain activities with market requirements. This position drives business efficiency by balancing inventory costs with customer service levels.
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What are the Key Responsibilities of Demand Planning Manager
- Develop and maintain demand forecasts, collaborating with sales and marketing teams.
- Analyze demand patterns and adjust forecasts accordingly to meet business needs.
- Create and monitor inventory policies to optimize service levels.
- Coordinate with supply chain and production planning teams to align supply with demand.
- Identify gaps and improvement opportunities in demand planning processes.
- Prepare reports on forecast accuracy and other KPIs for management review.
- Facilitate cross-functional meetings to enhance demand planning effectiveness.
- Implement demand planning software solutions and improve data accuracy.
What are the Skills and Requirements for a Demand Planning Manager?
- Strong analytical and quantitative skills.
- Proficiency in demand planning and forecasting tools such as SAP APO or JDA.
- Experience in statistical analysis and modeling.
- Excellent communication and collaboration abilities.
- Strong organizational skills and attention to detail.
What are the KPIs to track for Demand Planning Manager?
The Demand Planning Manager's performance is assessed based on forecast accuracy, optimized inventory levels, and improvement in supply chain efficiency, ensuring timely product availability and reduced excess inventory costs.
Forecast Accuracy
Improve forecast accuracy rates.
Inventory Levels
Maintain optimal inventory levels to meet customer demand.
Supply Chain Efficiency
Enhance efficiency in supply chain operations to reduce costs.
Reports to
Supply Chain Director
Collaborates with
Sales, Marketing, and Production Teams
Leads
Demand Analysts
Are any specific tools or software required for the Demand Planning Manager role?
- SAP APO
- JDA Demand Planning
- Excel
- Statistical Analysis Software
What is the qualification of Demand Planning Manager?
Bachelor's degree in Supply Chain Management, Business, or a related field; 5+ years of experience in demand planning or supply chain management.
