Executive search firm Monroe Consulting Philippines is recruiting on behalf of a reputable trading and manufacturing company of fresh frozen meat and seafood. They are looking for a Demand Planning Manager that will be responsible in research and data gathering from historical data and feedback from the Sales team. The work is centered around generating a sales plan or forecast while tracking and reporting variances to it on a weekly and monthly basis.
Major Responsibilities and Duties:
1. Demand Forecasting: Utilize historical sales data, market trends, and other relevant inputs to generate accurate demand forecasts for products or services. Collaborate with sales teams to incorporate their insights into the forecasting process.
2. Inventory Management: Maintain optimal inventory levels by continuously monitoring demand patterns, sales trends, and market dynamics. Adjust inventory plans based on demand fluctuations, promotions, and seasonality to minimize excess inventory and stockouts.
3. Collaboration: Work closely with cross-functional teams to gather information on stock incoming and changes in market conditions that could impact demand. Regularly communicate with sales, marketing, and production teams to align on demand forecasts and ensure a coordinated approach.
4. Data Analysis: Analyze data related to sales, inventory levels, and other relevant metrics to identify patterns, trends, and potential areas for improvement in the demand planning process. Use statistical methods and software tools to refine forecasting accuracy.
5. Forecast Accuracy Measurement: Monitor and evaluate the accuracy of demand forecasts against actual sales and market demand. Identify areas of improvement and implement corrective actions to enhance forecasting precision. 6. Pricing Gatekeeper: Collaborate with Supply Chain and Commercial Director to ensure that prices given to sales are profitable and competitive.
7. Risk Management: Identify and assess potential risks and challenges that could impact the demand planning process, such as supply disruptions, changes in customer behavior, or economic shifts. Develop strategies to mitigate these risks.
8. Continuous Improvement: Proactively seek opportunities to improve demand planning processes, methodologies, and tools. Implement best practices to enhance overall supply chain performance.
9. Reporting: Prepare and present regular reports to management and cross-functional teams, summarizing key insights, forecast accuracy, inventory levels, and other relevant metrics.
Other Duties
1. Observes/complies with company policies and procedures.
2. Identify internal processes relevant to the delivery of sales targets and head or initiate improvement projects.
Qualifications:
* Industrial Engineer or other engineering or management related courses. Experience:
* Min 5 years in similar capacity.
* Preferably with FMCG experience
* Strong experience in supply planning, demand planning
* Superior organizational and time management skills for effective planning and execution of objectives
* Strong sense of self-motivation and professional responsibility.
* Ability to work under pressure.
* Willing to be based in Ermita, Manila initially and relocate to Makati by November
