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.

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.

How to Learn

As a Demand Planning Manager with 3-6 years of experience in Australia, your primary responsibilities include:<ul><li> Collaborating with cross-functional teams to develop and maintain accurate demand forecasts, considering market trends and historical data.</li><li> Monitoring inventory levels and ensuring optimal stock availability to meet customer demands while minimizing holding costs.</li><li> Analyzing demand patterns and identifying opportunities for process improvements, such as implementing demand planning software or refining forecasting methodologies.</li><li> Coordinating with suppliers and logistics teams to ensure timely delivery of materials and minimize supply chain disruptions.</li></ul>

Roles & Responsibilities

Average take home Salary for a Demand Planning Manager in Australia is around AU$102830 per year

Salary Breakup

Managers of demand planning are typically accountable for predicting the quantity of items needed in the coming months, and buying only as much new product as is needed. They also have the responsibility of making sales forecasts in relation to seasons, promotions and previous trends in sales. People with this title are often expected to conduct meetings with the sales forecast and inventory personnel to discuss sales and inventory objectives. Demand planning managers collaborate with department managers, store representatives, and other employees of the department of sales analysis.

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Demand Planning Manager

Salary Breakup

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