
Demand Forecasting Specialist
2 days ago
This role involves leading demand forecasting, material master data management, and MIS reporting functions to ensure accurate demand planning and inventory optimization across the supply chain.
- Lead the demand planning process, reviewing historical sales trends and sales drivers to generate accurate demand forecasts in a dynamic market.
- Own and continuously improve forecast accuracy KPI and lead consensus-building meetings with cross-functional stakeholders.
- Review and influence location-level SKU sales plans within the Planning Module to ensure alignment with market realities.
- Engage proactively with Sales and Marketing teams to align on demand plans and update forecast data as needed.
- Drive the S&OP and consensus planning processes to finalize firm demand numbers, enabling supply chain responsiveness.
- Participate in New Product Introduction (NPI) processes from the SCM perspective, coordinating with supply, distribution, and material master teams.
- Own and maintain Material Master data in SAP, ensuring SKU creation and master data accuracy through collaboration with relevant internal functions.
- Serve as the single point of contact (SPOC) for all demand change approvals and manage exceptions by conducting root cause analysis on demand pattern changes.
- Collaborate with Sales and Marketing to understand market demand fluctuations and adapt plans accordingly.
- Represent the SCM function in cross-functional projects aimed at process improvement and operational excellence.
- Develop and publish SCM dashboards and reports in Power BI to analyze data trends, supporting continuous improvement initiatives.
- Prepare monthly, quarterly, and annual MIS reports and budgets, ensuring timely and accurate data presentation.
- Lead, mentor, and develop a team, fostering a culture of accountability and continuous learning.
- Bachelor's degree in Supply Chain, Business, Engineering, or related field; MBA or equivalent is a plus.
- 3+ years' experience in demand planning, supply chain management, or related roles, preferably in FMCG or paint industry.
- Proven experience in managing cross-functional stakeholder relationships.
- Strong analytical skills with the ability to interpret large data sets and generate actionable insights.
- Advanced proficiency in MS Excel, Power BI, and experience with SAP or similar ERP systems.
- Excellent communication and interpersonal skills with the ability to influence and negotiate effectively.
- Assertive, proactive, and adaptable to fast-paced, high-growth business environments.
- Strong problem-solving mindset with attention to detail and process improvement orientation.
- Knowledge of Sales & Operations Planning (S&OP) process and SKU rationalization techniques.
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