Jobs
Demand Planner
A Demand Planner is a strategic role that sits at the intersection of supply chain management, sales, and business analytics. These professionals are tasked with forecasting customer demand, using a blend of quantitative data analysis and market intelligence to predict sales trends and inform inventory decisions. Their expertise supports a company's operational efficiency and financial performance by aligning product availability with consumer needs. Through their insights, Demand Planners enable organizations to optimize stock levels, minimize costs, and navigate the complexities of supply and demand dynamics in a constantly evolving marketplace.
What does aDemand Plannerdo?
Demand Planners play a pivotal role in ensuring that the supply chain is responsive to the ever-changing market demands while maintaining optimal inventory levels. They utilize historical data, statistical models, and predictive analytics to forecast future product demand, which informs production and distribution strategies. By balancing operational efficiency with customer satisfaction, Demand Planners act as the linchpin between various departments, such as sales, marketing, finance, and operations, to support business goals and profitability.
Key Responsibilities of a Demand Planner
Analyzing past sales patterns, market trends, and seasonality to accurately forecast future product demand.
Collaborating with sales and marketing teams to understand promotional activities and their impact on demand.
Working closely with supply chain and operations to align demand forecasts with production and inventory management strategies.
Regularly reviewing and adjusting forecasts based on real-time sales data and market changes.
Developing and maintaining inventory targets and monitoring performance against these goals.
Identifying potential supply chain disruptions and proactively developing contingency plans.
Engaging with product management and procurement to ensure product availability and timely replenishment.
Utilizing advanced forecasting software and tools to improve accuracy and efficiency of demand planning processes.
Communicating forecast and inventory estimations to management and key stakeholders.
Conducting root cause analysis for demand planning variances and implementing corrective actions.
Participating in cross-functional meetings to align business plans with company objectives.
Providing input into the financial planning process through accurate demand insights and analysis.
Redditch is a town, and local government district in north-east Worcestershire, England, approximately 15 miles (24 km) south of Birmingham. The district has a population of 85,000 as of 2019. In the 19th century it became the international centre for the needle and fishing tackle industry. At one point 90% of the world's needles were manufactured in the town and its neighbourhoods.[7] In the 1960s it became a model for modern new town planning.
