The Demand Planner determines the best metrics to use to provide the most accurate representation of the forecast. Analyzes inventory levels, production speed, and product demand to determine the amount of finished product that will be produced. Being a Demand Planner may require a bachelor's degree. Works with other departments to determine optimal inventory levels. In addition, Demand Planner typically reports to a supervisor or manager. Working as a Demand Planner typically requires 2 to 4 years of related experience. Gains exposure to some of the complex tasks within the job function. Occasionally directed in several aspects of the work. (Copyright 2024 Salary.com)
Scope of Job:
Responsible for maintaining customer-based forecasts and utilizing forecast performance tracking tools to drive high customer service level. This position will collaborate with key external customers weekly and monthly to ensure the supply chain has the best demand plan. Key participant in the monthly S&OP process to include utilizing the ERP tool to house the unconstrained customer demand plan and drive appropriate actions. Analyzes historical sales, pricing, demand data, market trends, and other statistical metrics to prepare production schedule forecasts. Strong data analytic skills to create and maintain forecast tracking tools along with investigating performance gaps with root cause analysis, refining forecasts and improving replenishment process.
Essential Job Functions and Responsibilities:
Education: Bachelor’s degree required.
Experience: 2-4 years of experience preferred. Deep knowledge of the demand planning function and solid knowledge of the overall data flow and impacts downstream.
Competencies: Forecasting, Inventory Management, Planning, Trend Analysis, Pricing Analysis, Inventory Control Software, General Data Analysis Software
Physical Requirements: Requires prolonged sitting and continuous use of computer. May lift, carry, push, or pull objects up to 10 lbs.