Demand Forecasting & Inventory Optimization Lead

PSMP; Wes-Kaap; On-site; ZAR 420,000 - 620,000; Full time

Job summary

PSMP is seeking a Demand Planner to support development and maintenance of accurate forecast models. You will work with Sales, Marketing, Finance, and Supply Chain to drive forecast accuracy, optimize stock levels and minimize costs.

The ideal candidate has a tertiary degree, at least 3 years of forecasting experience, strong Excel and analytics skills, and experience with demand planning software. You will lead dashboards, monitor KPIs and collaborate across functions to ensure product

Qualifications

• Relevant tertiary Degree or Diploma in Business, Finance, Industrial Engineering or Logistics Management.
• Minimum 3 years’ relevant experience.
• Experience in forecasting with knowledge of forecasting methods.
• Strong working knowledge of analytics and numerics.
• Advanced Microsoft Excel skills are essential.
• Experience with demand planning software.
• Strong numerical, analytical and decision-making skills.
• Knowledge of demand planning systems, technical methods and frameworks.

Responsibilities

• Develop and manage demand forecasts, analyse trends and maintain accurate forecasting data and models.
• Review historical sales, market trends, seasonality, promotions, inventory levels and other demand drivers to improve forecast accuracy.
• Develop and monitor forecasting KPIs and identify opportunities for continuous improvement.
• Lead forecast and inventory planning discussions with relevant functional stakeholders.
• Develop weekly and monthly forecasting dashboards and provide inventory and forecast performance reporting.
• Monitor inventory and safety stock levels to support product availability and minimise stock-out risks.
• Investigate significant forecast variances and refine forecasts based on updated sales and marketing assumptions.
• Maintain demand planning systems, processes, documentation and standard operating procedures.
• Manage rolling forecast updates and incorporate relevant market and competitive intelligence.
• Collaborate across Sales, Marketing, Finance, Supply Chain, IT, Regulatory and Quality Assurance, as well as with external suppliers.

Skills

Forecasting

Analytics

Numerical skills

Decision-making

Cross-functional collaboration

Education

Bachelor's or Diploma in related field

Tools

Demand planning software

Microsoft Excel

Job description

PSMP is seeking a Demand Planner to support development and maintenance of accurate forecast models. You will work with Sales, Marketing, Finance, and Supply Chain to drive forecast accuracy, optimize stock levels and minimize costs.

The ideal candidate has a tertiary degree, at least 3 years of forecasting experience, strong Excel and analytics skills, and experience with demand planning software. You will lead dashboards, monitor KPIs and collaborate across functions to ensure product