Demand Planning Specialist

11 hours ago

Bengaluru, Karnataka, India beBeeDemand Full time ₹ 5,00,000 - ₹ 8,00,000
About the Role

We are seeking a seasoned Demand Planning Expert to join our team. In this critical role, you will be responsible for creating and maintaining accurate forecasts for product categories.

  • Create and maintain accurate item/location level forecasts for product categories.
  • Incorporate business intelligence, historical performance, and market insights into demand forecasts.
  • Achieve desired KPIs such as forecast accuracy and bias metrics while supporting sales and profit goals.

Responsibilities

  • Maintain the highest degree of forecast accuracy at item and store levels based on industry trends and demand patterns.
  • Conduct forecast reviews and analysis to assess demand trends, measure forecast accuracy, and recommend data-driven adjustments.
  • Collaborate with cross-functional teams to support product lifecycle milestones and ensure accurate demand planning for new items.
  • Propose and implement forecasting improvements to enhance demand accuracy and efficiency.
  • Partner with supply chain stakeholders to review KPIs, gather market insights, and translate them into actionable forecast adjustments.
  • Oversee reset execution to ensure 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 to ensure 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 to translate market insights into actionable forecast adjustments.
  • Build strong partnerships with supply chain teams to drive seamless operations.
  • Identify areas of opportunity and drive collaborative projects.

Qualifications

  • Bachelor's Degree in Engineering, Supply Chain Management, Operations Research, or related field.
  • 2+ years of experience in supply chain management, inventory management, demand planning, or related field.
  • Experience with forecasting tools, inventory management systems, and data analysis software.
  • Excellent communication, problem-solving, and time management skills.
  • Certifications in demand planning, supply chain management, or related fields (desired).

What We Offer

A competitive salary and benefits package, opportunities for professional growth and development, and a dynamic work environment that values collaboration and innovation.

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