drjobs Demand Planner العربية

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1 Vacancy
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Jobs by Experience drjobs

Not Mentionedyears

Job Location drjobs

Al Khobar - Saudi Arabia

Salary drjobs

Not Disclosed

drjobs

Salary Not Disclosed

Nationality

Saudi Arabian

Gender

Male

Vacancy

1 Vacancy

Job Description

Roles and responsibilities


Preparing forecasting and meeting the demand requirements of the SKUs.
Monitoring and evaluating the brand performance in the showrooms.
Classifying the SKUs based on the sales and controlling the stock level in the warehouses.
Introducing the promotions and new arrivals through social media the help of E-commerce and Marketing teams.
Communicating with merchandising team for new designs and floor plan of the brand.
Preparing the brand performance reports and following up with the top management.
Estimating the annual purchasing budget of the international brand.
Establishing a strong relationship with the suppliers and ensuring smooth and effective workflow with them.
Demand Forecasting
Develop demand forecasts: Use historical sales data, market trends, and statistical models to predict future customer demand for products.
Monitor market trends: Keep an eye on external factors, such as economic conditions, promotions, seasonality, and consumer behavior, that can influence demand.
Collaborate with sales teams: Work closely with the sales and marketing teams to understand any upcoming promotions, product launches, or shifts in market demand.
Inventory Management
Optimize inventory levels: Ensure that the right amount of inventory is maintained to meet demand without overstocking, which could lead to increased costs or waste.
Manage safety stock: Set safety stock levels to buffer against unexpected demand fluctuations or supply chain disruptions.
Replenish stock: Collaborate with suppliers or internal teams to ensure timely stock replenishment based on forecasted demand.
Collaboration and Coordination
Work with supply chain and procurement: Collaborate with supply chain and procurement teams to ensure that production and delivery schedules align with demand forecasts.
Align with production teams: Ensure that production schedules are planned in accordance with anticipated demand, avoiding underproduction or overproduction.
Coordinate with sales teams: Share forecast data with sales teams to align efforts and to ensure the organization is prepared for high-demand periods.


Desired candidate profile


1- Bachelor Degree Majoring in (Supply Chain Management, Business Administration, Mathematics, Finance, Accounting, MIS, Industrial Engineering).
2-Advanced in English language.
3- Microsoft Office skills.
4- Experience (0-3) years.
Data Analysis and Reporting
Analyze sales and inventory data: Regularly analyze sales trends, inventory turnover, and order fulfillment data to understand the effectiveness of current demand planning.
Generate reports: Create reports and dashboards to present demand forecasts, inventory levels, and other key metrics to stakeholders like management, procurement, and finance teams.
Evaluate forecast accuracy: Continuously assess the accuracy of demand forecasts and make adjustments as needed to improve future predictions.
Demand Planning Systems
Use demand planning software: Utilize forecasting and planning tools (e.g., SAP, Oracle, or other specialized software) to generate demand forecasts and track inventory.
Maintain forecasting models: Develop and update statistical models and algorithms used to generate demand forecasts, adjusting them as necessary to reflect changing business conditions.
Supply Chain Optimization
Minimize stockouts: Work to prevent stockouts by ensuring that the demand forecast matches actual customer needs, enabling smooth order fulfillment.
Reduce excess inventory: Identify slow-moving inventory and suggest ways to reduce overstock or excess inventory, which ties up capital and increases storage costs.
Improve lead times: Collaborate with suppliers and manufacturers to reduce lead times and improve the responsiveness of the supply chain

Employment Type

Full-time

Company Industry

Retail

Department / Functional Area

Financial Planning

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