Operations

Demand Planning Manager

Looking to hire your next Demand Planning Manager? Here’s a full job description template to use as a guide.

About Vintti

Vintti stands at the forefront of economically advantageous staffing solutions for US businesses. By facilitating partnerships between American companies and Latin American professionals, we offer a pathway to reduced operational costs without sacrificing quality. Our approach enables businesses to reinvest savings into core areas, fostering growth and enhancing overall market competitiveness.

Description

A Demand Planning Manager plays a crucial role in aligning inventory levels with fluctuating market demand to ensure optimal product availability while minimizing excess stock. This role involves analyzing sales trends, forecasting demand, and coordinating with various departments such as sales, marketing, and supply chain to develop effective inventory strategies. Utilizing advanced software tools and methodologies, the Demand Planning Manager aims to balance supply and demand efficiently, enhancing customer satisfaction and contributing to the overall profitability of the company. This position requires a blend of analytical skills, strategic thinking, and cross-functional collaboration.

Requirements

- Bachelor's degree in Supply Chain Management, Business, Economics, or a related field.
- Minimum of 5 years of experience in demand planning, forecasting, or a related field.
- Proven experience with demand forecasting software and statistical forecasting methods.
- Strong analytical skills with the ability to interpret complex data and market trends.
- Excellent communication and collaboration skills.
- Experience with integrated business planning (IBP) processes such as Sales and Operations Planning (S&OP).
- Proficiency in Microsoft Excel and other data analysis tools.
- Strong problem-solving skills and attention to detail.
- Ability to work under pressure and manage multiple tasks simultaneously.
- Experience working with cross-functional teams.
- Familiarity with supply chain and inventory management principles.
- Strong organizational and project management skills.
- Ability to present data and insights to senior management effectively.
- Knowledge of industry best practices and emerging trends in demand planning.
- Proficiency with ERP systems.
- Certification in demand planning, supply chain, or related areas is a plus (e.g., APICS, IBF).
- Strong leadership and team development skills.
- Ability to identify potential risks and develop mitigation strategies.

Responsabilities

- Develop and maintain demand forecasts to drive inventory planning.
- Analyze historical data and market trends to identify demand patterns.
- Collaborate with cross-functional teams to gather inputs for demand planning.
- Adjust forecasts to account for market changes and sales variances.
- Communicate demand plans to supply chain and production teams.
- Conduct risk assessments and develop mitigation strategies for demand planning.
- Optimize inventory levels to ensure alignment with demand forecasts.
- Perform root cause analysis on forecast discrepancies and implement corrective actions.
- Prepare and present demand planning reports to senior management.
- Lead and participate in Sales and Operations Planning (S&OP) meetings.
- Partner with suppliers to secure timely delivery of materials.
- Utilize demand forecasting software to enhance accuracy and efficiency.
- Monitor and report on key performance indicators (KPIs) related to demand planning.
- Provide training and support on demand planning processes and tools.
- Stay informed on industry best practices and integrate them into demand planning processes.
- Maintain and manage demand planning systems and data.
- Coordinate with logistics and distribution teams to ensure effective product delivery.

Ideal Candidate

The ideal candidate for the Demand Planning Manager role will possess a Bachelor's degree in Supply Chain Management, Business, Economics, or a related field, coupled with a minimum of 5 years of experience in demand planning and forecasting. They will demonstrate a deep understanding of demand forecasting software and statistical methods, paired with strong analytical skills to interpret complex data and market trends effectively. This candidate will thrive in collaborative environments, working seamlessly with sales, marketing, and finance teams, and will exhibit excellent communication and presentation abilities to convey demand plans and insights to senior management. Highly detail-oriented and proactive, they will anticipate potential issues, conduct thorough root cause analyses for forecast discrepancies, and implement corrective measures. Adept in integrated business planning (IBP) processes, such as S&OP, they will possess strong project management skills and the ability to handle multiple tasks under pressure. With a robust understanding of supply chain and inventory management principles, they will optimize inventory levels to align with demand forecasts, ensuring timely product delivery in coordination with logistics and distribution teams. The ideal candidate will display strong leadership and team development abilities, fostering a culture of continuous improvement and innovation within the demand planning function. They will be tech-savvy, proficient in Microsoft Excel, ERP systems, and other data analysis tools, and will stay informed on industry best practices and emerging trends. Above all, they will exhibit a high degree of professionalism, integrity, and a customer-focused mindset, making strategic decisions and driving results through effective risk assessments and mitigation strategies.

On a typical day, you will...

- Analyze historical sales data and market trends to forecast future demand.
- Collaborate with sales, marketing, and finance teams to gather input for demand plans.
- Develop and maintain accurate demand forecasts using statistical methods and tools.
- Monitor and adjust demand forecasts to reflect changes in market conditions or sales data.
- Communicate demand plans and changes to supply chain and production teams.
- Identify and mitigate potential risks in the demand planning process.
- Optimize inventory levels to balance supply with customer demand.
- Conduct root cause analysis for forecast inaccuracies and implement corrective measures.
- Prepare and present demand planning reports and insights to senior management.
- Participate in Sales and Operations Planning (S&OP) meetings to align demand and supply strategies.
- Collaborate with suppliers to ensure timely and sufficient supply of materials.
- Use demand forecasting software and tools to enhance forecasting accuracy.
- Track and report on key performance indicators (KPIs) related to demand planning.
- Provide training and support to team members on demand planning processes and tools.
- Stay updated with industry best practices and emerging trends in demand planning.
- Manage and maintain demand planning systems and databases.
- Coordinate with logistics and distribution teams to ensure efficient product delivery.

What we are looking for

- Strong analytical and problem-solving capabilities
- Highly collaborative with excellent teamwork skills
- Proactive and able to anticipate potential issues
- Detail-oriented with a high degree of accuracy
- Excellent communication and presentation abilities
- Adaptable and able to thrive in a fast-paced environment
- Strong leadership and team management skills
- Ability to work under pressure and manage multiple priorities
- Strategic thinker with a focus on continuous improvement
- Customer-focused mindset
- High degree of integrity and professionalism
- Strong project management skills
- Self-motivated and able to work independently
- Tech-savvy with proficiency in demand planning software and tools
- Innovative with a willingness to explore new methodologies and approaches
- Strong organizational skills and efficiency in time management
- Ability to build strong relationships with internal and external stakeholders
- Ability to drive results and meet deadlines
- Persistent and resilient in the face of challenges

What you can expect (benefits)

- Competitive salary range based on experience and qualifications
- Health, dental, and vision insurance
- Retirement savings plan with company match
- Paid time off (PTO) and paid holidays
- Flexible work schedule options
- Remote work opportunities
- Professional development and training programs
- Tuition reimbursement for continuing education
- Employee wellness programs
- On-site fitness center or gym membership stipend
- Employee assistance program (EAP)
- Performance-based bonuses
- Company-sponsored events and team-building activities
- Career advancement opportunities
- Collaborative and inclusive work environment
- Comprehensive onboarding and mentoring programs
- Life and disability insurance
- Commuter benefits or transportation reimbursement
- Employee referral program incentives
- Discounted products or services provided by the company

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