Demand Planning Manager

Demand planning managers are generally responsible for making predictions on the amount of merchandise needed for upcoming periods, buying only as much new merchandise as is necessary. They are also responsible for identifying sales trends based on seasons, promotions, and historical sales trends. Individuals with this job title are also often required to lead meetings for inventory and sales forecast personnel to discuss inventory and sales goals. Demand planning managers work with departments representatives, store managers, and other employees in the sales analysis department.Employees with this job title often work in an office setting and in back rooms, as this is mostly a position that requires inventory and sales analysis. They generally work full time during regular business hours. A typical day in this position might include leading a meeting to discuss the previous day's operations and goals for the current day, conducting analysis of current and past periods, planning for current and future periods, and preparing forecasting reports.A bachelor's degree in a business-related field is sometimes required for this position, but this is not always the case. Experience (anywhere from three to eight years) in a similar position is needed. Additionally, the demand planning manager should have strong analytical skills and knowledge of Microsoft Office, SAP, and Oracle. The ability to work independently and the ability to lead and manage groups are needed.

As a Demand Planning Manager with 3-6 years of experience in Australia, your primary responsibilities include:

• Collaborating with cross-functional teams to develop and maintain accurate demand forecasts, considering market trends and historical data.
• Monitoring inventory levels and ensuring optimal stock availability to meet customer demands while minimizing holding costs.
• Analyzing demand patterns and identifying opportunities for process improvements, such as implementing demand planning software or refining forecasting methodologies.
• Coordinating with suppliers and logistics teams to ensure timely delivery of materials and minimize supply chain disruptions.

For a Demand Planning Manager, the following qualifications are required:

• Strong analytical skills to analyze historical data, market trends, and demand patterns to develop accurate demand forecasts.
• Proficiency in demand planning software and tools to effectively manage and optimize supply chain operations.
• Excellent communication and interpersonal skills to collaborate with cross-functional teams, such as sales, marketing, and production, to gather input and align on demand forecasts.
• Strong problem-solving abilities to address inventory challenges, minimize stock-outs, and optimize inventory levels based on demand fluctuations.

The role of Demand Planning Manager is integral to effective supply chain management and forecasting. For professionals with 3-6 years of experience in Australia, there are several alternative roles to consider. Here are four options:

• Supply Chain Analyst: A role that involves analyzing data, optimizing inventory levels, and improving supply chain efficiency.
• Operations Manager: A position focused on overseeing the day-to-day operations of a business, including inventory management, production planning, and logistics coordination.
• Category Manager: A role that involves managing product categories, conducting market research, and developing strategies to maximize sales and profitability.
• Sales and Operations Planning S&OP Manager: A position focused on aligning sales and operations to improve forecast accuracy, optimize inventory levels, and enhance customer satisfaction.

The job role of Demand Planning Manager in Australia is projected to experience steady growth in the market. According to a 10-year analysis, there is an increasing demand for professionals in this field. The number of employment opportunities for Demand Planning Managers is expected to rise significantly in the future. The latest data points available with Google indicate a positive growth trend, indicating a promising career path for individuals pursuing this role in Australia.