Demand Planning and Procurement Manager
2 days ago
Responsibilities:
Demand Planning:
Develop and maintain accurate demand forecasts by analyzing sales, market trends, and historical data.
- Lead the monthly demand planning process and participate in S&OP (Sales and Operations Planning) meetings.
- Monitor forecast accuracy and adjust plans as needed to meet business objectives.
Purchasing and Procurement:
Manage supplier relationships, negotiate prices, and ensure timely delivery of materials.
- Oversee the purchasing department, including managing staff and maintaining compliance and risk management protocols.
- Conduct price and quality analysis to ensure the best value is obtained.
Inventory Management:
Optimize inventory levels to meet customer demand without excess stock.
- Monitor inventory levels and adjust purchasing to ensure accuracy and prevent stockouts or overstock situations.
- Provide input for new product introductions and product phase-outs.
Cross-functional Collaboration:
Work with sales, marketing, and finance teams to align on forecasts and strategies.
- Report on Key Performance Indicators (KPIs) related to demand planning and purchasing.
Strategy and Management:
Develop and implement strategies to improve both demand planning and purchasing processes.
- Oversee the performance of the planning and purchasing teams, providing training and guidance.
- Contribute to strategic decisions affecting the supply chain and budget.
Requirements:
- Bachelor's degree in a relevant field like supply chain management, operations, or business analytics.
- Strong analytical, problem-solving, and forecasting skills.
- Proficiency with forecasting software and Microsoft Excel.
- Knowledge of inventory management principles and purchasing practices.
- Excellent communication and collaboration skills.
- Experience in a managerial role is often required.
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