Demand Planning

BBS; Singapore; On-site; SGD 70,000 - 90,000; Full time

Job summary

A leading demand planning firm in Singapore is seeking an experienced professional to manage demand forecasting and inventory optimization. The ideal candidate will have 5-8 years of experience, strong analytical skills, and the ability to collaborate with cross-functional teams. This role involves ensuring product availability while efficiently managing inventory levels to meet customer demand without overstocking or stockouts.

Qualifications

• 5-8 years of experience in demand planning or a related field.
• Strong analytical skills to assess forecast accuracy and trends.
• Experience collaborating with cross-functional teams.

Responsibilities

• Develop and maintain accurate demand forecasts.
• Work closely with inventory teams to optimize inventory levels.
• Coordinate with sales and marketing teams for demand alignment.
• Collaborate with supply chain teams for timely availability of goods.
• Regularly analyze sales and inventory data for insights.

Skills

Demand Forecasting

Data Analysis

Inventory Management

Collaboration

Process Improvement

Tools

Demand Planning Software

ERP Systems

Job description

Job Description Location: Delhi Designation: Demand Planning Experience: 5 - 8 Years Key Responsibilities:* *Demand Forecasting:* Develop and maintain accurate demand forecasts based on historical sales data, market trends, promotional activities, and other relevant factors. Ensure forecasts are aligned with business objectives and growth targets. *Inventory Management:* Work closely with inventory and warehouse teams to ensure inventory levels are optimized to meet demand, while minimizing stockouts, excess inventory, and inventory holding costs. *Collaboration with Sales and Marketing Teams:* Coordinate with sales, marketing, and product teams to align demand plans with upcoming product launches, promotions, and seasonal fluctuations. Monitor and adjust forecasts as needed based on market conditions or promotional activities. *Supply Chain Coordination:* Collaborate with supply chain teams, including procurement and distribution centers, to ensure timely availability of materials and products, and facilitate the smooth flow of goods from suppliers to end customers. *Data Analysis & Reporting:* Regularly analyze sales and inventory data to assess forecast accuracy, identify trends, and detect potential issues. Provide reports and actionable insights to management on demand planning performance and inventory health. *Process Improvement:* Continuously assess and improve demand planning processes, utilizing best practices, technology, and tools to enhance forecasting accuracy, reduce lead times, and improve overall supply chain efficiency. *Demand Variability Management:* Manage and mitigate the impact of demand variability, collaborating with the production and procurement teams to handle changes in demand effectively and proactively. *Customer Focus:* Ensure that customer demand is met without overstocking or stockouts, maintaining optimal product availability while controlling costs. *Software & Tools Utilization:* Leverage demand planning software, ERP systems, and advanced analytics tools to manage and optimize forecasting, replenishment, and reporting processes.,

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