Supply & Demand Planner
3 days ago
The candidate will be responsible for forecasting product demand, managing inventory levels, and replenishing the supply of goods to ensure that customer demand is met efficiently and cost-effectively. The role requires strong analytical skills, the ability to collaborate across various departments, and a deep understanding of supply chain management principles.
Job Description
Demand Planning:
- Develop and maintain accurate demand forecasts based on historical data, sales trends, and market insights.
- Collaborate with the account management (internal and external) teams to align demand projections with business objectives.
- Regularly update and adjust forecasts to reflect changes in demand, seasonality, and promotions.
- Create and manage supply plans that align with demand forecasts, balancing inventory and lead times.
- Coordinate with suppliers, vendors, and internal teams to ensure timely delivery of products.
- Monitor supply chain disruptions and take corrective actions to ensure continuity of supply.
- Ensure optimal inventory levels to meet demand while avoiding overstocking or stockouts.
- Track and report on key inventory metrics, including turnover rates, stock levels, and order fulfillment rates.
- Work closely with cross-functional teams (account management and warehouse) to ensure smooth execution of supply chain activities.
- Communicate supply chain issues and opportunities to management and other departments effectively.
- Analyze key performance indicators (KPIs) such as forecast accuracy, fill rates and stock levels regularly.
- Prepare regular reports and presentations for management, highlighting trends, performance, and improvement areas.
- Identify process inefficiencies and work to streamline demand and supply planning processes.
- Suggest and implement best practices for demand and supply planning to improve operational efficiency.
- Bachelor's degree in Industrial Engineering or Business Administration.
- Professional Certifications such as:
- Certified Industrial Engineering (CIE) Certification
- Six Sigma Certification
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