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Demand Planner Jobs

Company

Tata Consumer Products – USA

Address Montvale, NJ, United States
Employment type FULL_TIME
Salary
Category Food and Beverage Services,Food and Beverage Manufacturing,Beverage Manufacturing
Expires 2023-08-19
Posted at 9 months ago
Job Description

JOB PURPOSE/OVERVIEW

The Demand Planner is responsible for developing and maintaining accurate demand forecasts for all our brands. They will analyse sales data and market trends to identify patterns and drivers that impact demand. In collaboration with cross-functional teams the demand planner will gather information on factors that may impact demand, monitor actual sales performance against forecast and refine forecasts based on changing customer promotional need.


KEY RESPONSIBILITIES

  • Ensure that any add/delete items are promptly updated in the system to avoid impacting forecast accuracy
  • Publish LE (latest estimate) forecasts and other relevant reports to keep stakeholders informed of demand trends and performance
  • Develop and maintain demand planning dashboard to provide real-time visibility into forecasting and demand planning metrics. As well as be able to generate reports and visualizations to communicate forecast accuracy, demand trends, and potential risks to stakeholders, enabling informed decision-making
  • Monitor forecast accuracy and identify areas of improvement to enhance the reliability and precision of demand planning
  • Collaborate with sales, marketing, and other stakeholders to gather information on upcoming promotions, product launches, and other factors that may impact demand
  • Develop statistical models and algorithms to create accurate demand forecasts for different product types
  • Work with IT teams to ensure that demand data is available on time for extract and analysis
  • Notify the BI team to push data on time to ensure that reporting and analysis can be done in a timely manner
  • Validate that sales forecast is pulled into the correct line
  • Provide training and support to end-users on utilizing the demand planning dashboard, ensuring widespread adoption and utilization across the organization
  • Review and analyze historical sales data to identify trends and patterns that can be used to improve accuracy of future forecasts
  • Continuously monitor and track actual sales performance against forecast and make necessary adjustments to the forecast as needed
  • Communicate forecast recommendations and updates to stakeholders across the organization, including senior leadership.


Key Accountabilities:

  • Take ownership and proactively address data quality issues
  • Create, maintain, and manage visual data tools for leadership
  • Collaborate with cross-functional teams on factors that impact demand
  • Monitor sales and refine forecasts based on changing conditions
  • Develop and maintain accurate demand forecasts for decision-making
  • Analyze sales data and market trends to improve forecasting
  • Communicate forecast updates to supply planning teams


Requirements


JOB SPECIFICATIONS/QUALIFICATIONS


Education & Professional Qualifications

  • A bachelor's degree in a relevant field such as supply chain management, logistics, business, economics, or statistics is preferred
  • A minimum of 4-5 years of experience in demand planning or a related field


Knowledge / Experience

  • Excellent oral and written communication
  • Proficiency in analysing large sets of data and using data visualization tools to identify trends, patterns, and insight
  • Detail orientated
  • Prior CPG experience
  • Proficiency in using demand planning and forecasting software such as GIB/ SAP is necessary, as well as Microsoft Excel and other data analysis tools
  • Strong understanding of supply chain management, logistics, and inventory


KEY COMPETENCIES

  • Effective communication
  • Problem-solving
  • Adaptable
  • Time Management
  • Dealing with Ambiguity