Assistant Manager - Demand Planner

SRKay Consulting Group View all jobs

  • Mumbai, Maharashtra Thane, Maharashtra
  • Permanent
  • Full-time
  • 2 days ago
Job OverviewWe are hiring Assistant Manager - Demand Planner - for one of the home Textile client.Key Responsibilities
  • Utilize historical sales data, market trends, point-of-sale results and customer inputs to create accurate demand forecasts.
  • Develop and maintain forecasting models to predict future demand fluctuations.
  • Regularly review and update forecasts based on new information and market changes.
  • Collaborate with the supply chain team to optimize inventory levels, minimizing stockouts and overstocking.
  • Analyse lead times and adjust inventory levels accordingly to ensure timely product availability.
  • Communicate demand forecasts to sales teams to inform sales strategies and target setting.
  • Collaborate with marketing teams to understand promotional impacts on demand and adjust forecasts accordingly.
  • Monitor key performance indicators (KPIs) related to demand accuracy, inventory turnover, and sales performance.
  • Analyse sales data to identify trends, patterns, and potential demand risks.
  • Generate reports and presentations to communicate demand insights to stakeholders.
  • Identify potential disruptions to supply chains, such as economic fluctuations, seasonal demand spikes, or product discontinuation.
  • Develop mitigation strategies to address potential demand risks and minimize their impact.
  • Evaluate and refine demand forecasting processes to improve accuracy.
  • Identify opportunities to enhance data quality and improve demand management systems.
  • Work closely with cross-functional teams including sales, marketing, operations, and finance to align demand planning with overall business objectives.
  • Communicate demand information effectively to key decision-makers to facilitate informed planning.
Requirements & Skills
  • Strong analytical skills with experience using historical sales data, POS data, and market trends to build demand forecasts.
  • Hands-on experience with demand planning or ERP tools (e.g. SAP / Oracle / other planning systems) and strong Excel skills; exposure to BI tools is an advantage.
  • Good understanding of inventory management principles, lead times, safety stock, and service levels.
  • Ability to track and report KPIs such as forecast accuracy, inventory turnover, fill rate, and OTIF.
  • Strong communication and stakeholder management skills to work with Sales, Marketing, Operations, and Finance.

SRKay Consulting Group

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