Analyst - Demand Planner

8 hours ago


Bengaluru, Karnataka, India Lowe s Full time
Job Description

- Demand Planner creates and maintains accurate item/location level forecasts for a group of product categories
- Incorporating business intelligence, historical performance, and insights gathered from merchants, suppliers, marketing, planning & replenishment, and other sources into the demand forecast
- Demand Planner is responsible for achieving desired KPIs - forecast accuracy and bias metrics, supporting sales and profit goals while achieving inventory productivity and in-stock goals

Core Responsibilities:

- Responsible for maintaining the highest degree of forecast at item and stores level based on industry trends and demand patterns.
- Conduct forecast review and analysis to assess demand trends, measure forecast accuracy and recommend data-driven adjustments.
- Collaborate with cross-functional teams to support product lifecycle milestones, ensuring accurate demand planning for new items.
- Propose and implement forecasting improvements to enhance demand accuracy and efficiency.
- Partner with SSCM (US stakeholders) to review KPIs, gather market insights, and translating market insights into actionable forecast adjustments
- Oversee reset execution, ensuring product availability aligns with merchandising strategies and store needs.
- Provide weekly performance recaps, including ASE performance reviews, root cause analysis, and action plans aligned with business operations.
- Monitor and ensure KPI metrics consistently meet business goals.
- Update promotion forecasts in systems for planned events.
- Track and report on significant changes in sales forecasts, budgets, and business strategies to drive informed decision-making.
- Manage new store forecast adjustments, ensuring optimal inventory allocation for store openings and early sales phases.
- Address demand-related issues promptly and effectively to minimize disruptions.
- Attend Monthly forecast review meetings to align forecasts with business objectives and market trends.
- Participate in business meetings, translating market insights into actionable forecast adjustments.
- Build strong partnerships with SSCM Demand Planners and Inventory Replenishment teams (SSCM & SSCB) to drive seamless operations.
- Identify areas of opportunities and drive collaborative projects

Years of Experience:

Overall 2+ years of Experience

- 2 years of experience in Supply chain Management or Inventory Management
- 2+ years experience demand planning
- 1+ years experience reporting and data analytics

Required Minimum Qualifications:

- Bachelor s Degree in Engineering, Supply Chain Management, Operations Research or Related Field
- MBA or master s degree in Supply Chain or operations management

Skill Set Required:

Primary Skills (must have)

- Experience in demand planning, forecasting, or supply chain management.
- Ability to analyze data and identify trends, seasonality, outliers.
- Strong attention to detail to ensure accuracy in data analysis and reporting.
- Moderate proficiency in forecasting tools and inventory management systems
- Ability to collaborate cross-functionally with merchandising, supply chain, and operations teams.
- Experienced in any of the planning tools such as SAP APO, o9, JDA, Oracle Demantra etc.
- Excellent writing and communication skills, support in developing analytical documents for presentation to management
- Excellent problem-solving and time management skills

Secondary Skills (desired)

- Experience in Data mining and visualization tool such as Power BI, SQL, MS Access and Excel
- Experience with JDA Fulfillment and Allocation
- Experience of retail industry
-
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