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Title

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Demand Planner

Description

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We are looking for a Demand Planner to join our team and play a crucial role in our supply chain operations. The ideal candidate will be responsible for developing and executing demand plans that will ensure product availability while minimizing inventory costs. This role involves close collaboration with sales, marketing, and operations teams to forecast demand, plan inventory levels, and manage product lifecycles. The Demand Planner will use statistical and predictive modeling techniques to analyze data, identify trends, and make informed decisions that align with our business objectives. This position requires a strategic thinker with excellent analytical skills, attention to detail, and the ability to work in a fast-paced environment. The successful candidate will contribute to the optimization of our supply chain, improve customer satisfaction, and drive business growth through effective demand planning strategies.

Responsibilities

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  • Develop and maintain accurate demand forecasts for assigned product categories.
  • Collaborate with sales, marketing, and operations teams to gather insights and data for demand planning.
  • Use statistical and predictive modeling techniques to analyze historical data and forecast future demand.
  • Monitor and report on forecast accuracy and deviations, adjusting plans as necessary.
  • Manage inventory levels to ensure product availability while minimizing excess stock.
  • Coordinate with supply chain and procurement teams to align demand forecasts with supply plans.
  • Participate in the product lifecycle management process, including new product introductions and phase-outs.
  • Contribute to the development of demand planning policies, procedures, and metrics.
  • Lead cross-functional meetings to review forecasts, inventory plans, and supply chain issues.
  • Identify and implement improvements to the demand planning process.

Requirements

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  • Bachelor's degree in Business, Supply Chain Management, Statistics, or related field.
  • 3+ years of experience in demand planning, supply chain management, or a related field.
  • Strong analytical and quantitative skills, with proficiency in statistical analysis and forecasting methods.
  • Experience with demand planning software and ERP systems.
  • Excellent communication and collaboration skills, with the ability to work effectively across teams.
  • Strong problem-solving skills and the ability to manage complex situations.
  • Attention to detail and accuracy in data analysis and forecasting.
  • Ability to work in a fast-paced and dynamic environment.
  • Knowledge of supply chain principles, inventory management, and product lifecycle management.
  • Proficiency in Microsoft Office, especially Excel.

Potential interview questions

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  • Can you describe your experience with demand planning software and tools?
  • How do you approach creating a demand forecast for a new product?
  • What methods do you use to ensure forecast accuracy and how do you adjust when forecasts are off?
  • Can you give an example of a complex supply chain challenge you faced and how you resolved it?
  • How do you balance the need for product availability with the risk of excess inventory?
  • What experience do you have with cross-functional collaboration in a demand planning context?
  • How do you stay informed about changes in market trends and consumer behavior?
  • Can you explain a situation where you had to adjust your demand planning strategy due to unexpected market changes?
  • What role do you believe demand planning plays in overall business strategy?
  • How do you prioritize tasks and manage your time in a fast-paced environment?