1 month ago

Job Summary

The Demand Planner is responsible for forecasting product demand, analyzing market trends, and developing demand plans to ensure adequate inventory levels to meet customer demand. This role involves collaborating with various stakeholders to optimize inventory levels, minimize stockouts, and maximize sales opportunities.

  • Minimum Qualification : Degree
  • Experience Level : Mid level
  • Experience Length : 3 years

Job Description/Requirements

Key Responsibilities:

  • Develop and maintain demand forecasts based on historical data, market trends, and customer insights.
  • Analyze demand patterns and market trends to identify opportunities and risks.
  • Collaborate with sales, marketing, and production teams to align demand plans with business objectives.
  • Monitor inventory levels and adjust demand forecasts as needed to optimize inventory management.
  • Conduct regular demand planning meetings to review forecast accuracy and adjust plans accordingly.
  • Communicate demand forecasts and inventory recommendations to stakeholders.
  • Evaluate and implement demand planning tools and software to improve forecast accuracy and efficiency.
  • Provide input for strategic decision-making related to product pricing, promotions, and inventory management.
  • Collaborate with procurement and logistics teams to ensure timely availability of materials and products.
  • Continuously monitor and evaluate demand planning processes and make recommendations for improvement.



Qualifications:

  • Bachelor's degree in business, supply chain management, or related field.
  • Proven experience in demand planning, forecasting, or supply chain management.
  • Strong analytical and problem-solving skills.
  • Excellent communication and collaboration abilities.
  • Proficiency in demand planning software and Microsoft Excel.


Key Performance Indicators (KPIs):

  • Measure the accuracy of demand forecasts compared to actual sales or demand.
  • Calculate the rate at which inventory is sold and replaced within a specific period.
  • Monitor the frequency and duration of stockouts to assess inventory availability.
  • Evaluate the tendency of demand forecasts to overestimate or underestimate actual demand.
  • Assess the percentage of customer orders fulfilled from available inventory.
  • Measure the time taken to develop and adjust demand plans.
  • Evaluate customer satisfaction based on order fulfillment and delivery performance.
  • Assess the value added by demand planning activities in improving forecast accuracy an operational efficiency.
  • Track the revenue lost due to stockouts or insufficient inventory.
  • Measure cost savings achieved through optimized inventory management and reduced stockouts.



Location: Accra
Employment Type: Full-Time

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