Demand Planning Manager

Demand Planning Manager

The Demand Planning Manager is responsible for leading and overseeing the demand planning process for a medical supply company. This includes developing and maintaining a robust demand forecast, collaborating with sales, marketing, and operations teams, and ensuring the company has the right products in the right quantities at the right time. This role plays a critical part in optimizing inventory levels, minimizing stockouts, and maximizing customer satisfaction.

Key Responsibilities:

• Develop and maintain a rolling demand forecast using statistical modeling, historical data, market trends, and input from sales, marketing, and other relevant stakeholders.
• Collaborate with sales and marketing teams to understand promotional activities, new product launches, and other initiatives that may impact demand.
• Analyze historical sales data, market trends, and other relevant information to identify patterns and develop accurate forecasts.
• Utilize statistical forecasting models and software to generate demand projections.
• Regularly review and update the demand forecast based on actual sales data, market changes, and other relevant factors.
• Communicate demand forecasts to relevant stakeholders, including operations, procurement, and finance teams.
• Collaborate with supply planning and inventory management teams to ensure alignment between demand and supply.
• Monitor key performance indicators (KPIs) related to forecast accuracy, inventory levels, and customer service levels.
• Identify and implement process improvements to enhance demand planning effectiveness and efficiency.
• Develop and maintain documentation related to demand planning processes and procedures.
• Stay informed about industry best practices and emerging trends in demand planning.
• Provide support and training to other team members on demand planning principles and tools.
• Participate in cross-functional projects related to supply chain optimization and business planning.

$100,000 to $120,000 - Exact compensation may vary based on several factors, including skills, experience, and education.