We are seeking a detail-oriented Demand Planning Analyst to support forecasting and inventory management activities. The ideal candidate will assist in estimating future product demand, analyzing promotional impacts, and developing accurate forecast models. This role involves close collaboration with internal teams and key accounts to ensure effective planning, monitoring, and replenishment processes. The successful candidate will be proactive in identifying forecast errors, proposing improvements, and communicating insights clearly to stakeholders.
Key Responsibilities
- Perform demand planning duties including estimating future product demand, analyzing inventory flow, and developing forecast models.
- Plan, schedule, monitor, and manage CPFR (Collaborative Planning, Forecasting, and Replenishment) activities for key accounts when assigned.
- Design and deliver analysis on key performance indicators (KPIs) to internal and external stakeholders, initiating corrective actions as needed.
- Develop a deep understanding of customer behavior, product mix, and promotional trends to enhance forecasting accuracy.
- Create and refine forecast models based on industry trends and demand patterns.
- Propose and implement solutions to improve demand forecast accuracy.
- Communicate forecast and inventory estimations effectively to key stakeholders.
- Conduct weekly forecast maintenance and promptly address demand-related issues.
- Generate and manage reports to track unique forecasts and identify exceptions.
- Root cause forecast errors proactively and adjust models accordingly.
- Prepare forecasts and present findings in Sales and Operations Execution (S&OE) meetings.
- Work with large data sets, following established processes for importing and exporting data into forecasting systems.
- Train new analysts on systems and processes as required.
- Collaborate cross-functionally to develop and test forecasting tools.
- Review forecast outputs and provide input on model adjustments.
- Work effectively both independently and within team settings.
- Develop and document Standard Operating Procedures (SOPs).
Required Qualifications
- Bachelor’s degree in Business, Supply Chain, or a related field.
- Minimum of 3 years’ experience in demand planning or forecasting roles.
- Strong understanding of inventory management practices and procedures.
- Collaborative problem-solving skills with the ability to multitask in a fast-paced environment.
- Solid mathematical and statistical knowledge.
- Proficiency in customer language requirements, both written and oral.
- Willingness to work during customer-required business hours.
- Strong proficiency in Microsoft Excel and core Microsoft Office 365 applications.
- Ability and eagerness to quickly learn new software and concepts.
Preferred Qualifications and Additional Skills
- Experience with Python, SQL, or similar programming languages is a plus.
- Familiarity with forecasting software tools.
- Exposure to working across different industries.
- Strong knowledge of AI applications and experience deploying AI to drive business improvements.
This is a full-time position offering the opportunity to contribute to a dynamic team focused on enhancing demand planning accuracy and operational efficiency.
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