Demand Planner

SECURITY EQUIPMENT

DEMAND PLANNER JOB DESCRIPTION

January 2025

The following is the basic job description for the Demand Planner position current as of the date noted above. Any alterations, substitutions, or additions must be approved in writing by two of the following people: Human Resource Manager, S&OP Manager and Director of Operations. This position reports directly to the S&OP Manager.

Job Classification: Exempt

High-Level Objectives:

• Develop accurate demand forecasts to align supply chain activities with customer needs.
• Collaborate with sales and marketing to integrate market trends and promotions into demand planning.
• Improve forecast accuracy to optimize inventory levels and reduce costs.

Job Summary: The Demand Planner creates and manages demand forecasts to drive supply chain decisions. This role involves analyzing data, collaborating with cross-functional teams, and ensuring alignment between demand and supply strategies to support business objectives.

Essential Functions:

• Demand Forecasting:
  • Develop and maintain accurate demand forecasts using historical sales data, market trends, and customer insights.
  • Adjust forecasts based on sales input, promotions, and changing market conditions.
• Cross-Functional Collaboration:
  • Work closely with sales, marketing, and supply chain teams to align forecasts with business goals.
• Inventory Alignment:
  • Ensure demand forecasts align with inventory policies to optimize stock levels.
  • Collaborate with supply planners to address potential supply-demand imbalances.
• Data Analysis:
  • Analyze forecast accuracy and identify areas for improvement.
  • Use data-driven insights to refine demand planning processes.
• KPI Monitoring:
  • Track and report on forecast accuracy, demand variability, and customer satisfaction metrics.
• S&OP Team Member:
  • Act as a key member of the Sales and Operations Planning (S&OP) team, collaborating with cross-functional teams to align supply chain plans with business goals.

Ideal Candidate Profile:

• Education: Bachelor’s degree in Supply Chain Management, Business Analytics, or related field.
• Work Experience: 3–5 years in demand planning, forecasting, or related roles.
• Companies Worked For: Retail, manufacturing, or distribution companies with data-driven planning processes.
• Trainings & Certifications: APICS CPIM or CSCP is preferred.
• Skills:
  • Expertise in forecasting software and tools.
  • Strong analytical and statistical modeling capabilities.
  • Effective communication and cross-functional collaboration skills.
• Personality Traits:
  • Analytical and data-driven.
  • Results-oriented and proactive.
  • Collaborative and adaptable.

Metrics for Success:

• Forecast Accuracy: Maintain a forecast accuracy rate of 95% or higher.
• Stock Availability: Ensure product availability meets customer demand with minimal disruptions.
• Excess Inventory: Reduce excess inventory levels by 20% annually.

Other Duties:

Please note this job description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of the employee for this job. Duties, responsibilities, and activities may change at any time with or without reasonable notice.