Demand Planner

2 days ago

Makati City, National Capital Region, Philippines Bhagi's International Trading Corporation Full time $40,000 - $80,000 per year

JOB RESPONSIBILITIES:

  1. Pricing Strategy:

  2. Analyze market trends, competitors, and customer behavior to set competitive and profitable prices.

  3. Regularly review and adjust pricing align with market conditions, cost changes, and company goals.

  4. Collaborate with Sales teams to ensure pricing supports business objectives and customer needs.

  5. Demand Forecasting:

  6. Develop and maintain accurate demand forecasts based on historical data, market trends, and seasonal variations.

  7. Coordinate with the supply chain team to ensure product availability matches forecasted demand.
  8. Adjust forecasts based on demand fluctuations to avoid stockouts or excess inventory.

  9. Optimize product assortment to ensure high-demand items are prioritized and low-performing products are minimized.

  10. Data Analysis & Reporting:

  11. Track sales performance, pricing effectiveness, and inventory levels.

  12. Prepare and present regular reports on pricing, demand, inventory, and product performance to management.

  13. Identify opportunities for improvements in pricing, and demand planning strategies.

  14. Collaboration:

  15. Work with cross-functional teams (Sales, Operation and Supply Chain) to implement pricing strategies and manage demand forecasting.

  16. Support the Sales team with pricing-related inquiries and assist in pricing negotiations.

  17. Collaborate with Sales teams to ensure product assortment aligns with customer demand and promotional strategies.

  18. Inventory Management:

  19. Monitor and manage inventory levels to ensure they align with forecasted demand.

  20. Help improve inventory turnover rates and reduce stockouts, ensuring that high-demand products are always available.
  21. Work with the team to minimize slow-moving inventory and optimize product assortment based on sales trends.

JOB QUALIFICATIONS:

  • Bachelors Degree in Industrial Engineering, Business, Economics, or a related field.
  • With at least 2 years working experience in pricing, demand planning or a related field.
  • Strong analytical and problem-solving skills.
  • Proficiency in Excel and experience with data analysis tools.
  • Knowledge of pricing strategies, and demand planning processes.
  • Excellent communication, collaboration, and project management skills.
  • Experience in retail, merchandising, sales, or supply chain management is a plus.

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