Demand Planning Associate
5 days ago
Demand Planning Associate:
The Demand Planning Associate will ensure that every demand will be met by monitoring stock support. Provides a high level of forecast accuracy through trends analysis, prediction and optimization of Sales to Stock level. Assists the Demand Planning Supervisor in all forecasting and demand planning activities. Detail oriented, analytical, excel proficiency and strong mathematical abilities are needed for this role.
Data Analysis and Forecasting:
- Utilize statistical methods and analytical tools to interpret data and make informed decisions about demand planning strategies.
- Conduct current and future forecasting analysis, ensuring forecasting processes and methods are followed.
- Assemble and analyze all data pertinent to creating the sales forecast (historical sales, market trends, seasonality, promotions, and inventory levels).
- Submits accurate and timely information and analytics to assess the performance of the brand/category being handled against the prevailing goals and objectives.
- Perform competitive study by checking fashion trends and forecasts.
- Identify and mitigate potential risks related to demand planning, such as supply chain disruptions or changing market conditions.
- Keeps track of stocks/inventory movement in the warehouse and flags potential obsolescence for immediate action and move out.
Reporting and Presentation:
- Design and generate weekly and monthly statistical forecast reports
- Prepare, report, and communicate forecast and inventory measurements to management (forecast accuracy, inventory plan vs. targets).
- Conducts the Demand Planning/Forecast Review Meeting with Brand to come up with the standard Forecast on a monthly basis.
- Monitor SKU levels and recommend SKU rationalization initiatives in the future
- Monitors supply situations including replenishment and operational requirements
- Monitor and report on important changes in sales forecasts, budgets, and business strategies.
Job Type: Full-time
Benefits:
- Company Christmas gift
- Company events
- Employee discount
- Opportunities for promotion
- Paid training
- Promotion to permanent employee
Education:
- Bachelor's (Preferred)
Experience:
- Demand Planning : 1 year (Required)
Work Location: In person
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