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Senior Associate-Supply Chain Planning – Demand Planner
4 days ago
Senior Associate-Supply Chain Planning – Demand PlannerJob Description:A demand planner is responsible for forecasting and planning product demand to ensure optimal inventory levels and meet customer needs. Their main objective is to accurately predict future demand patterns and collaborate with various teams to develop effective supply chain strategies.Responsibilities·Demand Forecasting: Analyzing historical sales data, market trends, and customer insights to develop accurate demand forecasts for products or services. This involves utilizing statistical forecasting methods, predictive analytics, and collaboration with sales and marketing teams to understand market dynamics.·Inventory Planning: Collaborating with inventory management teams to determine appropriate inventory levels based on demand forecasts and supply chain constraints. This includes setting safety stock levels, lead times, and reorder points to ensure optimal inventory availability while minimizing carrying costs and stockouts.·Sales and Operations Planning (S&OP): Participating in S&OP meetings to align demand forecasts with supply and production plans. This involves working closely with cross-functional teams, including sales, marketing, and production, to ensure accurate demand plans are incorporated into the overall business strategy.·Collaborative Forecasting: Collaborating with sales and marketing teams to gather market intelligence, customer feedback, and promotional plans to refine demand forecasts. This includes conducting regular meetings and reviews to share insights and align expectations.·Demand Variability Analysis: Analyzing demand patterns, seasonality, and market trends to identify factors that influence demand variability. This involves conducting statistical analysis, evaluating historical data, and identifying potential demand drivers to improve forecast accuracy.·New Product Introduction Planning: Collaborating with product development and marketing teams to develop demand forecasts for new product launches. This includes analyzing market potential, conducting market research, and incorporating customer insights to develop accurate demand plans.·Demand Planning Software and Tools: Utilizing demand planning software and tools to manage and analyze data effectively. This includes generating reports, analyzing forecast accuracy, and identifying areas for improvement.·Performance Monitoring: Monitoring key performance indicators (KPIs) to evaluate demand planning effectiveness and accuracy. This includes analyzing forecast accuracy, customer fill rates, and inventory turnover to identify opportunities for improvement and make adjustments to demand plans accordingly.·Continuous Improvement: Continuously reviewing and improving demand planning processes and methodologies to enhance accuracy and efficiency. This includes staying updated with industry best practices, incorporating new forecasting techniques, and leveraging technology to optimize demand planning operations.·Collaboration and Communication: Collaborating with cross-functional teams, including sales, marketing, operations, and finance, to align demand plans with business goals. This involves effective communication and coordination to ensure a unified approach towards demand planning and supply chain management.QualificationsMinimum qualifications·Good years of relevant work experience.·University Graduate·Relevant ExperiencePreferred qualifications•Strong Supply Chain knowledge/skills•Strong communication and organizational skills•Strong analytical and problem-solving skills•Demonstrated proficiency in Materials Management skills/methods .•Relationship building with suppliers .•Knowledge of finance, marketing, sales functions•APICS training preferred.•Kinaxis knowledge preferred.
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hyderabad, India Genpact Full timeGenpact (NYSE: G) is a global professional services and solutions firm delivering outcomes that shape the future. Our 125,000+ people across 30+ countries are driven by our innate curiosity, entrepreneurial agility, and desire to create lasting value for clients.Powered by our purpose - the relentless pursuit of a world that works better for people - we...
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