Executive Demand Planning
2 months ago
Role Objective:
Responsible for Domestic/JVs and Hybrid Business, Budget and Forecasting, Distribution and Logistics and Customer Service.
RESPONSIBILITIES:
This requirement is for Domestic/JVs and Hybrid Business hence person should have mandatory relevant experience in these areas.
- Developing accurate and reliable forecasts of future demand for products wise based on historical data, market trends, and other relevant factors.
- Analyzing inventory levels and recommending appropriate replenishment strategies to optimize stock levels, minimize stock-outs, and reduce excess inventory.
- Maintain Inventory level as per defined X factor for JV market.
- Collaborating with cross-functional teams, to ensure that supply chain activities are aligned with overall business goals and objectives.
- Continuously monitoring and analyzing demand patterns and performance metrics to identify areas for improvement and implement corrective actions as needed.
- Coordinating with internal team for goods supply.
- Update the Inventory Reports on weekly basis.
- Ensure on time Inward process from JV's.
- Assess the non-moving stock as per decided norms.
- Address demand-related issues in a timely and effective manner.
- Review historical sales trends, research demand drivers, prepare forecast data, develop statistical forecast models, and evaluate forecast results.
- Analyzing large data sets using statistical methods and software tools to identify patterns, trends, and opportunities for improvement.
- Continuously identifying opportunities to improve demand planning processes, tools, and methodologies to enhance efficiency and effectiveness.
Preferred candidate profile:
- Bachelor/master's degree in business, supply chain or other relevant fields.
- Minimum of 2 years' experience in a demand planning/forecasting role.
- Solid understanding of inventory management practices and procedures.
- Strong mathematical and statistical knowledge.
- Strong SAP knowledge and MS office
- Capability to multitask in a fast-paced environment.
- Excellent written and verbal communication skills.
Biotech is an Equal Opportunity Organization promoting diversity while ensuring no discrimination on any ground including gender, race, religion, age, sexual orientation, disability, etc.
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