Our Demand Planner job description includes the responsibilities, duties, skills, education, qualifications, and experience.
About the Demand Planner role
Demand Planners are responsible for creating and executing demand plans to meet revenue and profit goals. They work with sales and marketing teams to forecast customer demand, analyze data to identify opportunities and make recommendations for product supply. They also monitor performance, identify trends, and adjust the demand plan accordingly.
Role Purpose
The purpose of a Demand Planner is to create and maintain forecasts that accurately reflect customer demand in order to support the company's sales, supply chain, and inventory objectives. This includes analyzing historical sales data, monitoring trends, and incorporating market intelligence to develop reliable demand forecasts. Additionally, the Demand Planner is responsible for developing inventory plans to ensure that sufficient stock is available to meet customer demands, while minimizing overstocks.
Demand Planner Summary
The Demand Planner is responsible for forecasting market demand for products and services and developing inventory plans to meet customer needs. The Demand Planner is responsible for analyzing sales data and market trends to produce forecasts and inventory plans that are accurate and timely. The Demand Planner will work with the sales, marketing, and operations teams to ensure that customer requirements are met. The Demand Planner will also monitor inventory levels and make recommendations to adjust inventory plans in response to changes in market demand. The Demand Planner must have excellent analytical and communication skills, as well as an understanding of statistical and forecasting methods.
Demand Planner Duties
- Develop and implement demand planning processes, systems, and reports
- Analyze and forecast customer demand to ensure customer satisfaction and efficient inventory control
- Gather data on customer orders, sales and inventory levels
- Collaborate with supply chain, sales and marketing teams to ensure accuracy of demand planning
- Review customer forecast accuracy, resolve discrepancies and identify improvement opportunities
- Execute and monitor replenishment plans for optimal inventory levels
Demand Planner Skills
- Organizational and time management skills
- Ability to analyze data and trends
- Knowledge of supply chain and inventory systems
Demand Planner Requirements
- A bachelor's degree in business, logistics, or supply chain management
- At least 5 years of experience in demand planning, forecasting, or related field
- Strong analytical and problem-solving skills
- Excellent communication and interpersonal skills
- Proficiency in Microsoft Office Suite and ERP/MRP systems
Personal Traits
- strong analytical and problem-solving skills
- ability to work with a team
- attention to detail
- ability to multitask
- strong organizational skills
- ability to work independently