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A Demand Planning Specialist plays a critical role in ensuring a company's supply chain operates smoothly and efficiently. This professional is responsible for forecasting future product demand, analyzing historical sales data, and collaborating with various departments to develop strategies that meet customer needs while optimizing inventory levels. By leveraging sophisticated forecasting tools and methodologies, the Demand Planning Specialist helps predict market trends, identify potential supply chain disruptions, and maintain a balance between supply and demand. Their expertise is vital in minimizing stockouts, reducing excess inventory, and ultimately driving organizational profitability and customer satisfaction.
- Bachelor's degree in Supply Chain Management, Business, Statistics, or a related field.
- Minimum of 3-5 years of experience in demand planning, supply chain, or a related function.
- Proficiency in demand planning software (e.g., SAP APO, Oracle Demantra, JDA).
- Strong analytical skills with the ability to interpret complex data sets.
- Advanced proficiency in Microsoft Excel and other statistical tools.
- Excellent communication and presentation skills.
- Experience with ERP systems (e.g., SAP, Oracle).
- Ability to collaborate effectively with cross-functional teams.
- Strong organizational and multitasking skills.
- Detail-oriented with a high level of accuracy.
- Problem-solving skills to identify and resolve issues in demand planning.
- Knowledge of inventory management principles.
- Familiarity with market analysis and promotional impact on demand.
- Ability to adapt to changing market conditions and business needs.
- Strong understanding of supply chain processes and best practices.
- Project management skills to oversee demand planning initiatives.
- Ability to work under pressure and meet tight deadlines.
- Certification in APICS CPIM or similar is preferred.
- Experience with data visualization tools (e.g., Tableau, Power BI) is a plus.
- Strong critical thinking skills and proactive approach to continuous improvement.
- Analyze historical sales data to predict future demand.
- Collaborate across departments to gather demand input.
- Utilize statistical tools and software for accurate forecasting.
- Monitor and manage inventory levels.
- Adjust forecasts based on market, promotional, and external factors.
- Generate and present demand forecast reports to stakeholders.
- Update demand planning parameters in the ERP system.
- Align demand plans with supply chain and procurement teams.
- Track and improve forecast accuracy.
- Develop and support demand planning policies and processes.
- Participate in cross-functional demand planning meetings.
- Maintain master data for demand planning.
- Identify and mitigate demand planning risks.
- Assess the impact of new products on demand forecasts.
- Provide ad-hoc analysis for supply chain and sales.
The ideal candidate for the role of Demand Planning Specialist is a highly analytical individual with a Bachelor's degree in Supply Chain Management, Business, Statistics, or a related field, coupled with 3-5 years of experience in demand planning, supply chain, or a related function. This person is proficient in demand planning software such as SAP APO, Oracle Demantra, or JDA, and excels in the use of Microsoft Excel and other statistical tools to interpret complex data sets and generate accurate forecasts. They possess excellent communication and presentation skills, enabling them to collaborate effectively with cross-functional teams, including sales, marketing, and finance. The ideal candidate demonstrates strong organizational and multitasking abilities, ensuring attention to detail and high accuracy in all tasks. They are adept at problem-solving, with a proactive approach to identifying and mitigating risks in the demand planning process. Knowledge of inventory management principles, market analysis, and the impact of promotions on demand is crucial. Additionally, they are adaptable to changing market conditions, demonstrating a strong understanding of supply chain processes and best practices. Certification in APICS CPIM or similar is preferred, and experience with ERP systems like SAP or Oracle is essential. The candidate should also be skilled in project management and have experience with data visualization tools such as Tableau or Power BI. Personal attributes that set them apart include a commitment to continuous improvement, high integrity, strategic thinking, and the ability to work under pressure while maintaining resilience and persistence. They are results-oriented, customer-focused, and possess a proactive, resourceful, and innovative mindset, ensuring they contribute effectively to the organization's demand planning initiatives.
- Analyze historical sales data to forecast future demand trends.
- Collaborate with sales, marketing, and finance teams to gather input for demand planning.
- Use statistical tools and software to create accurate forecasts.
- Monitor inventory levels and identify potential shortfalls or overstock situations.
- Adjust forecasts based on market trends, promotional activities, and external factors.
- Generate demand forecasts reports and present findings to stakeholders.
- Review and update demand planning parameters in the ERP system.
- Coordinate with supply chain and procurement teams to ensure alignment with demand plans.
- Track and analyze forecast accuracy and recommend improvements.
- Support the development of demand planning policies and processes.
- Participate in cross-functional meetings to discuss and review demand plans.
- Manage and maintain master data relevant to demand planning functions.
- Identify and mitigate risks in the demand planning process.
- Evaluate the impact of new product introductions on demand forecasts.
- Provide ad-hoc analysis and support for supply chain and sales initiatives.
- Strong analytical mindset
- Proactive and resourceful problem solver
- Highly detail-oriented
- Effective communicator
- Collaborative team player
- Adaptable to changing conditions
- Organized and efficient multitasker
- High level of accuracy
- Strong critical thinking abilities
- Results-oriented
- Strong project management skills
- Customer-focused approach
- Innovative thinker
- Strong organizational skills
- Commitment to continuous improvement
- High level of integrity and professionalism
- Ability to work under pressure
- Resilient and persistent
- Strategic mindset
- Ability to anticipate and mitigate risks
- Strong numerical and statistical proficiency
- Competitive salary range depending on experience
- Comprehensive health, dental, and vision insurance
- 401(k) plan with company matching
- Paid time off (PTO) including vacation, sick leave, and holidays
- Flexible work schedule options
- Remote work opportunities
- Professional development programs and training
- Tuition reimbursement for continuing education
- Wellness programs and employee assistance programs (EAP)
- Life and disability insurance
- Employee discounts and perks
- Opportunities for career advancement and growth
- Collaborative and inclusive work environment
- Company-sponsored social events and team-building activities
- Recognition and rewards programs
- Access to cutting-edge technology and tools
- Paid parental leave
- Transportation or commuting assistance
- Ergonomic office equipment and a comfortable working space
- Employee referral bonuses
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