Advantage Technical
Demand Planner
Advantage Technical, Ayer, Massachusetts, us, 01432
Demand PlannerThe Demand Planner is responsible for accurately forecasting product demand and managing inventory levels to ensure optimal stock availability while minimizing excess inventory. This role is critical to maintaining supply chain efficiency and customer satisfaction through effective collaboration with various teams and leveraging advanced statistical models.Be part of a Global Manufacturing company and provide insight and direction into the product planning process. This position will be an integral part of the team. Do not miss out on this unique opportunity to join a family-owned business with plenty of room for growth. The position comes with a competitive salary and comprehensive benefits package. Apply today, we'd love to meet you!Key Responsibilities:
Demand Forecasting:Use statistical models, historical data, and market insights to predict product demand across various dimensions.Inventory Management:Monitor and manage inventory levels, recommending replenishment schedules to balance stock levels and meet customer demands.Cross-functional Collaboration:Work closely with sales, marketing, production, and supply chain teams to align on demand forecasts and optimize inventory strategies.Data Analysis:Analyze demand patterns, sales data, and market trends to refine forecasting models and identify improvement opportunities.Forecast Accuracy:Maintain and improve forecast accuracy metrics by optimizing forecasting processes.Risk Management:Identify potential risks in forecasting (e.g., seasonality, market fluctuations) and develop strategies to mitigate these risks.Communication:Communicate demand forecasts and inventory recommendations clearly to stakeholders, facilitating informed decision-making.Continuous Improvement:Stay updated on industry trends, technologies, and market dynamics to continuously improve processes.Preferred Competencies:
Bachelor's degree in Business Administration, Supply Chain Management, Statistics, or a related field (preferred).Experience in demand planning, inventory management, or a related role, ideally in manufacturing.Proficiency in ERP systems (e.g., SAP, Oracle) and advanced skills in Microsoft Excel and demand planning software.Strong analytical, problem-solving, and critical thinking skills.Excellent communication and collaboration skills.Detail-oriented with a focus on data-driven decision-making.Ability to manage multiple priorities in a fast-paced environment.
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Demand Forecasting:Use statistical models, historical data, and market insights to predict product demand across various dimensions.Inventory Management:Monitor and manage inventory levels, recommending replenishment schedules to balance stock levels and meet customer demands.Cross-functional Collaboration:Work closely with sales, marketing, production, and supply chain teams to align on demand forecasts and optimize inventory strategies.Data Analysis:Analyze demand patterns, sales data, and market trends to refine forecasting models and identify improvement opportunities.Forecast Accuracy:Maintain and improve forecast accuracy metrics by optimizing forecasting processes.Risk Management:Identify potential risks in forecasting (e.g., seasonality, market fluctuations) and develop strategies to mitigate these risks.Communication:Communicate demand forecasts and inventory recommendations clearly to stakeholders, facilitating informed decision-making.Continuous Improvement:Stay updated on industry trends, technologies, and market dynamics to continuously improve processes.Preferred Competencies:
Bachelor's degree in Business Administration, Supply Chain Management, Statistics, or a related field (preferred).Experience in demand planning, inventory management, or a related role, ideally in manufacturing.Proficiency in ERP systems (e.g., SAP, Oracle) and advanced skills in Microsoft Excel and demand planning software.Strong analytical, problem-solving, and critical thinking skills.Excellent communication and collaboration skills.Detail-oriented with a focus on data-driven decision-making.Ability to manage multiple priorities in a fast-paced environment.
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