Job Description

1.Demand Forecasting: Develop and maintain demand forecasts for various products or product categories based on historical data, market intelligence, and input from sales and marketing teams.

2.Data Analysis: Analyze sales trends, customer orders, and inventory levels to identify patterns and demand fluctuations. Use statistical models and forecasting software to improve accuracy.

3.Collaboration: Work closely with cross-functional teams, including sales, marketing, production, and procurement, to gather input and align demand plans with company goals and objectives.

4.Inventory Management: Optimize inventory levels by ensuring that stock levels are adequate to meet customer demand without overstocking or understocking products.

5.Supply Planning: Collaborate with supply chain and production teams to create production schedules and procurement plans that align with demand forecasts.

6.Forecast Accuracy Improvement: Continuously monitor forecast accuracy and take corrective actions to improve forecasting methods and processes.

7.Market Analysis: Stay informed about market trends, competitor activities, and industry developments that may impact demand for the company's products.

8.Performance Metrics: Track and report on key performance indicators (KPIs) related to demand planning, such as forecast accuracy, stockouts, and excess inventory levels.