Demand Planning Manager
5 days ago
Job Title: Demand Planning Manager
Company: Mahindra & Mahindra Ltd
Job Summary:
This role is responsible for all spare parts forecasting, inventory management, and replenishment planning activities associated with customers and products. The Demand Planning Manager creates forecast models, establishes inventory policies, and creates replenishment plans for spare parts management across key business sectors and sales channels.
Key Responsibilities:
- Develop demand forecasts at multiple levels of aggregation for multiple time horizons as part of a demand planning function.
- Review historical sales trends, research demand drivers, prepare forecast data, develop statistical forecast models, and evaluate forecast results.
- Utilize a collaborative and consensus approach by working with relevant stakeholders to ensure accurate information is used for demand forecasts.
- Establish inventory targets for demand fulfilment and determine optimal stock levels across central distribution centres and regional warehouses.
- Develop inventory control models to allocate and position optimal levels of cycle, safety, and pipeline inventory within the entire distribution network.
- Provide inputs to the Sourcing organization in developing inventory strategies on existing items, new products, and product phase-outs.
- Create replenishment plans for timely scheduling of purchase orders on supplier base to continuously improve parts availability for customer service.
- Anticipate demand and supply variations to proactively manage parts availability to prevent stockout and overstock situations.
- Maintain demand & supply planning system and software to seamlessly implement day-to-day planning, executing, and monitoring activities.
Requirements:
- Minimum BA/BE degree in operations management, supply chain management, industrial engineering, material management, or a related field.
- MS/ME/MBA with focus on operations & supply chain management would be preferred.
- Functional Competency – Minimum 5 years of relevant work experience in Demand & Supply planning methods.
- Knowledge and experience in spare parts management would be a plus.
- Leadership Competency- Exposure to leading and executing supply chain improvement projects across different functions within the supply chain organization.
- Communication Skills – Strong ability to verbalize business requirements, achieve consensus, and align business processes across multiple business functions.
Preferred Industries: Automotive, Manufacturing
Additional Information: Professional certifications like CPIM and/or CSCP would be desirable.
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