Demand Planner
5 days ago
Job Title: Demand Planner & Forecaster - D2C Beauty (Kimirica)
Location: Work from Office, Indore
Company Overview:
Role Overview: The Demand Planner & Forecaster at Kimirica will play a crucial role in managing and forecasting product demand to ensure our customers have access to our products without overstocking or experiencing stockouts. By leveraging data analysis, market insights, and collaboration with internal teams, you will ensure that our inventory aligns with the demand of our growing customer base.
Key Responsibilities:
Demand Forecasting:
Develop accurate demand forecasts for all Kimirica products based on historical sales data, seasonal trends, and upcoming marketing campaigns.
Use forecasting software, market insights, and data analysis tools to predict demand patterns and adjust forecasts for new product launches, seasonal trends, and promotional periods.
Continuously monitor forecast accuracy and adjust as needed, optimizing the balance between demand and inventory.
Inventory Management:
Collaborate with the supply chain and logistics teams to align product inventory with demand forecasts to ensure sufficient stock availability without overstocking.
Manage the product lifecycle, ensuring a smooth transition for new product introductions and phase-outs based on demand forecasts.
Monitor stock levels, track slow-moving items, and work with the team to resolve any stock discrepancies.
Sales & Market Analysis:
Analyze sales trends, customer buying behaviour, and feedback to anticipate demand and identify potential opportunities or risks.
Collaborate with the Marketing team to assess upcoming campaigns, influencer collaborations, and product launches, adjusting demand forecasts accordingly.
Track competitor activity and market trends to ensure Kimirica stays ahead in the beauty space.
Cross-Functional Collaboration:
Partner with the Supply Chain, Marketing, and Customer Service teams to ensure smooth product flow and availability, from forecasting to fulfilment.
Communicate demand trends, potential risks, and inventory requirements with stakeholders, including leadership teams and cross-functional departments.
Collaborate with the Operations team to resolve any demand or supply chain challenges and ensure that Kimirica delivers exceptional customer experiences.
Process Improvement:
Continuously evaluate forecasting methods and processes to improve accuracy, reduce excess inventory, and optimize supply chain efficiency.
Recommend strategies for improving demand planning, enhancing forecasting accuracy, and improving overall supply chain agility.
Stay updated on industry best practices and technology tools to enhance forecasting capabilities and demand planning efficiency.
Reporting & Analytics:
Provide regular reports on demand forecasts, inventory levels, sales trends, and forecast performance to senior leadership.
Create actionable insights and recommendations based on data analysis to optimize inventory levels, product launches, and replenishment strategies.
Track and report on key performance indicators (KPIs) related to forecast accuracy, stock levels, and sales performance.
Qualifications:
Bachelor’s degree in Supply Chain Management, Business Administration, or a related field.
3+ years of experience in demand planning, forecasting, or supply chain management, preferably within the beauty, cosmetics, or personal care industry.
Experience in a D2C (Direct-to-Consumer) business model, with a focus on e-commerce and online sales, is a strong advantage.
Strong analytical skills and proficiency in Excel, data analysis, and demand forecasting software (e.g., SAP)
Excellent communication and interpersonal skills to collaborate effectively across teams.
Strong attention to detail and ability to handle multiple tasks in a fast-paced, evolving environment.
Ability to work independently and drive continuous improvements in demand planning processes.
Pay: ₹30,000.00 - ₹55,000.00 per month
**Benefits**:
- Health insurance
- Provident Fund
Schedule:
- Day shift
**Experience**:
- total work: 2 years (preferred)
Work Location: In person
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