Principal - Demand Planning
4 months ago
Radhakrishna Foodland is one of India's leading supply chain companies serving the food and near food industry over the last few decades. Incorporated on 6th October 1987, we have a holistic understanding of the Hospitality, Retail and QSR industries.
**Roles and Responsibilities:
- **
- Gain insights into the client industry, channels, and space of operations.
- Understand and capture demand signals into demand forecasting.
- Develop/ deploy effective machine learning models based on industry trends and demand patterns.
- Define and implement solutions to improve demand forecast accuracy.
- Conduct S&OP meeting with clients and finalize forecasts.
- Monitor and report on important modifications in forecasts and its impact on budgets.
- Closely coordinated with new product development team and category managers for new SKU launch.
**Supply Planning and Inventory Management**:
- Understanding of the current inventory control and replenishment process and drive improvements.
- Follow the cycle time for the inventory replenishment process
- Manage variability in demand and ensure stock levels are adequately maintained
- Standardize the inventory planning process across DC’s and vendors
- Keep strict controls & alerts in place to avoid any stock outs impacting fill rate of customer.
- Use tools and historical data for tracking variability and factor the same in inventory planning for future.
- Avoid loss of revenue for organization due to over stocking of products
- Evaluate vendor performance on service levels and suggest measures to improve the same
- Ensure adequate shelf life of products for customers as key deliverable
- Escalate slow moving products, obtain approval for disposal of the same
**Key Role:
- **
- Plan and implement a centralized replenishment cell
- Manage both demand and supply planning teams
- Work closely with clients supply chain, planning and operations team for the monthly, weekly and daily plans
- Manage any customer complaints and resolve them through coordinating with the central teams
- Escalate to Regional Heads and Seniors any foreseeable concerns from the client
- Prepare reports/ presentation and attend the monthly reviews with client
- Ensure highest level of demand planning accuracy, Ontime, Case Fill rates, Order Fill rates, SIFOT, order accuracy, customer satisfaction and related parameters
- Coordinate with the order management to ensure daily orders are processed on a timely manner
- Coordinate with the distribution centres to ensure inventory norms are been met at the distribution centers
- Coordinate with the central control tower and the logistics team on the status of vehicle and delivery times
- Prepare and hold the daily, weekly and monthly reports
**Skills & Competencies:
- **
- Managed Service
- Unified Communication
- Planning skills
- Analytical skills
- Customer-centric
- Communication skills
- Team management and coordination skills
**Qualification Required**:
- MBA/ PGDM with Engineering Background preferred. NITIE Engg. Is preferred
- 15+ years of experience of which 10 years of experience in Demand Forecasting, Demand & Supply Planning, Inventory Planning, and Client Interaction in Supply Chain industry, Food and Beverages, Cloud Kitchen etc.
- Exposure to QSR - F&B Organizations.
- Good understanding of various statistical models.
- Very good understanding of inventory management practices and procedures.
- Experience of managing a team of planners.
Pay: ₹1,500,000.00 - ₹2,000,000.00 per year
**Benefits**:
- Health insurance
- Life insurance
- Paid time off
Ability to Relocate:
- Thane, Maharashtra: Relocate before starting work (required)
Work Location: In person
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