Demand Planning Manager

Job Description

Job Description

POSITION SUMMARY:
The Demand Planning Manager is responsible for overseeing and managing the demand planning process to ensure optimal inventory levels and alignment with business objectives. This role involves analyzing historical sales data, collaborating with cross-functional teams, and utilizing forecasting tools to develop accurate demand forecasts. The Demand Planning Manager will play a critical role in maintaining customer satisfaction while minimizing excess inventory and stockouts. The Demand Planning Manager is responsible for analyzing, planning and managing the flow of materials to ensure they are provided according to schedule.

• Develop and maintain demand forecasts using quantitative and qualitative methods.
• Analyze historical sales data, market trends, and seasonal variations to create accurate demand projections.
• Collaborate with sales, marketing, and finance teams to incorporate promotional plans and market insights into forecasts.

• Monitor inventory levels and ensure alignment with demand forecasts to optimize stock availability and minimize excess inventory.
• Establish safety stock levels and reorder points based on demand variability and lead times.
• Coordinate with supply chain and procurement teams to ensure timely replenishment of inventory.

• Liaise with cross-functional teams to align demand planning with production schedules, sales strategies, and marketing initiatives.
• Facilitate regular meetings with stakeholders to review forecasts, discuss potential issues, and adjust plans as necessary.
• Communicate demand planning metrics and performance to senior management.

• Identify opportunities for process improvements within the demand planning function.
• Implement best practices and tools to enhance forecasting accuracy and efficiency.
• Monitor and analyze key performance indicators (KPIs) related to demand planning and inventory management.

• Utilize demand planning software and analytical tools to generate reports and dashboards that provide insights into demand trends and forecasting accuracy.
• Prepare and present demand planning reports to management, highlighting key findings and
• recommendations. Manages and prepares division inventory relating to records, tracking of materials, changing business activity, quality of materials and stocking levels. Works closely with procurement to ensure reorder processes and timely delivery of materials are in place.
• Administers the development and implementation of an aggressive inventory reduction program limiting the Divisions exposure to excess inventory cost.
• Adjust inventory levels associated with any backlog production.

• Proficiency in demand planning software (e.g., SAP, Oracle, or similar).
• Strong analytical skills with the ability to interpret complex data sets.
• Proficient in Microsoft Excel (VBA and Macros) and other data visualization tools (e.g., Tableau, Power BI).
• Excellent written, verbal, and interpersonal communication skills for effective interface with all internal and external contacts.
• Must be an innovator and embrace lean enterprises principles and practices.

• Bachelor’s Degree in related discipline is required; preferred in Supply Chain
• 7+ years related experience in Demand Planning roles